Economy
Philippines Remains Vietnam's Biggest Rice Importer
The US Department of Agriculture estimates that the Philippines will be the world's leading rice importer, with imports this year increasing to 4.1 million tons, up 5.1% compared to 3.9 million tons last year. The report also stated that Vietnam will remain one of the leading rice exporters to the Philippines.
Economy
Vietnam - An Important Market to Denmark Agricultural Sector
Vietnam is an attractive destination for Danish companies in the agricultural sector, and wish to cooperate in agricultural and food businesses.
Economy
India-Iran sign 10-year contract over Chabahar Port operation
India on Monday inked a contract with Iran to develop and operate strategically important Chabahar Port for 10 years.
Many enterprises in Vietnam expressed optimism for Q2 business prospect
Many manufacturing and processing firms in Vietnam expressed optimism for the prospect of business in Q2 of 2020, according to a survey by the General Statistics Office (GSO).
Adversities of Covid-19 pandemic can bring businesses opportunities
Sometimes, adversities bring wisdom and innovation, Vietnamese businesses amid the dark coronavirus cloud are trying their best to find opportunities, and it's high time right now to innovate new products out of unsold export items and reconnect with domestic suppliers.
Millions of Viet’s homes may enjoy 10% electric price cut amid Covid-19 outbreak
The Ministry of Industry and Trade (MoIT) in Vietnam on April 1 has recently proposed to cut down 10% electric price for a wide range of customer groups including households, manufacturing and business sectors, which are hit by the Covid-19 pandemic.
Vietnamese banks provide support aids to businesses
According to the State Bank of Vietnam (SBV)’s deputy governor Dao Minh Tu, the banking industry should support businesses amid the complex development of COVID-19. .
Toyota, Honda, Hyundai halt production in Vietnam due to coronavirus
The COVID-19 pandemic is affecting the production of automobile manufactures in Vietnam. Most recently, Vietnam-based Hyundai assembler TC Motor and Honda Vietnam have shut down their plants for two weeks to curb the spread of the coronavirus, the companies said on Wednesday.
T&T Group run by Hien Coach made a US $ 115 million agricultural deal with a US partner ignoring Covid-19 's attack
On March 31, a business of online work in T&T Group run by the business man Do Quang Hien (well-known for the name Hien Coach) signed a US $ 115 mil contract of agricultural import with a US partner. Mostly imported agricutural products are raw material for feed production which surged its price due to unstoppable Covid-19 pandemic's impact.
Vietnam healthcare market, a big draw for investors
Last year, VinaCapital’s flagship fund, Vietnam Opportunity Fund (VOF), invested US$25 million in a private hospital operator, Tâm Trí Medical Joint Stock Company.
Sufficient consumer goods for the nationwide demand in Vietnam
Vietnam has prepared sufficient consumer goods for a 15-day nationwide curfew requesting people to stay at home and practice social distancing, according to officials.
Vietnam securities trading in operation during the COVID-19 battle: SSC
Securities trading in Vietnam is considered an essential service and would be uninterrupted despite the fight against COVID-19, according to the State Securities Commission (SSC) on Tuesday.
Vietnam's economy remains stable against external shocks - reported by World Bank
A report by World Bank shows that while Vietnam suffered from the COVID-19 outbreak and the chaos taking places on global financial markets, Vietnam's economy has remained stable under external shocks in the first few months of 2020.
Toyota halts operation in Vietnam over Covid-19 concerns
Japanese automaker Toyota has announced to readjust its production plan following the uncertainties of infectious coronavirus by halting all activities in its Vietnam factory as of March 30.
'Monitoring your competitors helps your business thrive better', Uyen Phuong Tran, the author of Competing with Giants
Fierce competition is inevitable for any business. Here Phuong Tran shared her insights that competition provokes innovation, and it is crucial to watch your competitors closely and see your business achieve further success.
International rice prices hit 6-year high as Thailand and Vietnam face drought and Covid-19
Thailand facing record drought stoked concerns of a supply shortage and lifted rice export prices to a more than 6-1/2 year high this week, while strong domestic demand amid a coronavirus outbreak pushed Vietnamese rates to more than a one-year peak. These reasons from two key rice exporters Thailand and Vietnam cause the international prices of rice surged suddenly.
'Why I chose my family business over other multinationals?', Uyen Phuong Tran-Women in Business
Working in a multinational company or return to family-owned business is a dilemma Uyen Phuong Tran had to face. Ultimately, she chose to pursue a career in her parents' enterprise. Here Uyen Phuong Tran shared why she made such a decision and hasn't regretted since.
Enterprise establishment increased sharply in Q1 despite COVID-19's impact
Despite the impact of COVID-19 on the national economy, enterprise establishment rose sharply in Q1: Up to 29,700 new firms were founded in Vietnam.
Vietnamese food processing firms raise production, take actions to prevent COVID-19
COVID-19 pandemic has caused food processing firms in HCM City to raise production and take prompt actions to ensure workers' health safety. .
Nearly 250,000 businesses in HCM City conduct online tax transactions
Among 258,520 enterprises operating in HCM City, nearly 250,000 enterprises conduct online tax declarations.
Many Vietnamese startups are supporting the fight against COVID-19
As the whole country is fighting against the COVID-19 disease, many Vietnamese startups have taken prompt actions to support this national combat.
European Council gives final green light to EVFTA with Vietnam
The European Council on March 30 adopted a decision on the conclusion of a free trade agreement (FTA) between the EU and Vietnam. This decision clears the path, on the EU side, for the entry into force of the agreement.
How to successfully transfer control to the next generation in a family business
In this piece, Phuong Tran shared her interesting thoughts on the right factors that allow a successful transfer of control to the next generation in a family business.
