Australian Investors Interested in Ho Chi Minh City Economy

Australian Investors Interested in Ho Chi Minh City

The Chairman of the Ho Chi Minh City People's Committee invited Australian businessmen to invest in the city.
India best among top economies in taming inflation and maintaining growth on high road Economy

India best among top economies in taming inflation and maintaining growth on high road

Calibrated steps undertaken by Government of India and RBI not only contained the high inflation trajectory but also maintained growth at high road among the top economies. India’s inflation trajectory is within the target band of central bank while many of the top 10 leading economies are still struggling to bring inflation at their tolerance levels. India will remain an attractive investment destination for the global investors on the back of high GDP growth, softening inflation trajectory and a solid fiscal consolidation path
Vietnam cooperate with Japan to investigate on bribery and tax evasion related to Tenma

Vietnam cooperate with Japan to investigate on bribery and tax evasion related to Tenma

Economy
The Vietnamese authorities are cooperating with Japanese parties on the investigation of a Japanese company allegedly paying bribes to Vietnamese tax inspectors to avoid tax duties, said General To Lam, Minister of Public Security.    
May 27, 2020 | 16:39
Vietnam calls for new road and bridge projects in a bid

Vietnam calls for new road and bridge projects in a bid

Economy
Vietnam is pushing ahead with a series of road, highway and bridge projects that will improve the country’s transport network.
May 27, 2020 | 16:00
Vietnam's petroleum market flourishes and World oil prices increase

Vietnam's petroleum market flourishes and World oil prices increase

Economy
An increase in world oil prices and the increased demand for oil consumption boost Vietnam’s oil market after easing the social distance caused by the coronavirus.
May 27, 2020 | 15:26
Vietnam planning to resume international routes

Vietnam planning to resume international routes

Economy
The Ministry of Transport has asked the Aviation Department to develop a plan to gradually loosen the entry and re-connect some international routes, for submission to the Prime Minister.    
May 27, 2020 | 15:15
Vietnam vs Indonesia: Who may win the favor of foreign manufacturers shifting from China?

Vietnam vs Indonesia: Who may win the favor of foreign manufacturers shifting from China?

Economy
"Indonesia is encountering the fact that it is incapable of competing with its neighbor, Vietnam, and is lagging behind in several fields, including foreign investment and export", says CNBC.
May 27, 2020 | 12:19
Vietnam shrimp exports head to increase in May amid Covid-19 pandemic

Vietnam shrimp exports head to increase in May amid Covid-19 pandemic

Economy
Vietnam shrimp exports in April experienced an increase of 5.8% to US$244.2 million, boosting the total export turnover during the opening four months of the year by 2.9% on-year to US$872.8 million, while shrimp exports are expected to continue their growth into May, according to Vietnam Association of Seafood Exporters and Producers.
May 27, 2020 | 09:19
Ministry of Finance proposes to reduce corporate income tax by 30% for small and micro businesses

Ministry of Finance proposes to reduce corporate income tax by 30% for small and micro businesses

Economy
The Ministry of Finance has proposed that the Government reduce corporate income tax by 30% for small and micro enterprises in 2020 to help them overcome difficulties caused by the Covid-19 pandemic.
May 27, 2020 | 06:05
Vietnam enterprises ready to take advantage of EU market under EVFTA

Vietnam enterprises ready to take advantage of EU market under EVFTA

Economy
Vietnamese enterprises’ awareness of EVFTA has been heightened significantly, and they have prepared to grab business opportunities and find a foothold in the supply chain.
May 26, 2020 | 23:33
Vietnam industrial property supply increases since firms leave China

Vietnam industrial property supply increases since firms leave China

Economy
Supply of ready-built factories and warehouses in southern Vietnam will increase by 28 percent this year to 2.7 million square meters. 
May 26, 2020 | 23:32
Vietnamese government supports employees, small businesses and firms amid COVID-19

Vietnamese government supports employees, small businesses and firms amid COVID-19

Economy
Financial assistance policies are issued by the Vietnamese Government to support employees, employers and small-sized enterprises to overcome the coronavirus pandemic.
May 26, 2020 | 22:20
EVFTA expected to bring 800,000 people out of poverty by 2030

EVFTA expected to bring 800,000 people out of poverty by 2030

Economy
The World Bank (WB) has predicted that the EU-Vietnam Free Trade Agreement (EVFTA) could help Vietnam’s GDP and exports grow 2.4 percent and 12 percent, respectively, by 2030, and bring 100,000 to 800,000 people out of poverty, the Ministry of Industry and Trade (MoIT) has reported.
May 26, 2020 | 14:55
Vietnam demands investigation on alleged bribery of Japanese firm, Tenma

Vietnam demands investigation on alleged bribery of Japanese firm, Tenma

Economy
Vietnam Minister of Finance Dinh Tien Dung has ordered to set up an inspection team to investigate alleged bribery of Tenma Vietnam, a subsidiary of Japan’s plastic product maker Tenma Corporation to Vietnamese public officials. 
May 26, 2020 | 14:31
Vietnam's footwear exports to U.S. market increase by 10% in Q1

Vietnam's footwear exports to U.S. market increase by 10% in Q1

Economy
Vietnam’s footwear and bag export value is forecast to reach 24 billion USD this year, maintaining a 2-digit increase. Footwear is one of the key export products of Viet Nam to the U.S. with export turnover in the first quarter of this year reaching US$1.56 billion, an increase of 10% compared to the same period last year.
May 26, 2020 | 14:30
Vietnam has 2 tycoons reappeared in Forbes list’s world richest billionaires

Vietnam has 2 tycoons reappeared in Forbes list’s world richest billionaires

Economy
Forbes has recently announced its annual list of global billionaires. Vietnam has two tycoons reappeared on the list despite economic crisis due to the COVID-19.    
May 26, 2020 | 11:43
Vietnam pharmaceutical companies enjoy good earnings in Q1

Vietnam pharmaceutical companies enjoy good earnings in Q1

Economy
Pharmaceutical stocks have attracted investors since the outbreak of the disease due to rising need for medical equipment and drugs.
May 26, 2020 | 11:36
Robot Baristas Reinforce Social Distancing at South Korean Cafe

Robot Baristas Reinforce Social Distancing at South Korean Cafe 1

Economy
Just like you are in a movie: approaching a familiar coffee house, grab a cup of morning hot cappuccino with zero human-ing involved. Surprised? A South Korean cafe has found an innovative way of serving its customers during the coronavirus pandemic, with an efficient robot barista.
May 26, 2020 | 10:48
German media: Despite global crisis, Vietnam upbeat  about economic recover

German media: Despite global crisis, Vietnam upbeat about economic recover

Economy
Foreign expert believed that Vietnam’s success in containing the COVID-19 is a turning point where Vietnam can join more sophisticated economies as Thailand and Korea.    
May 26, 2020 | 09:48
Vietnam's lychees export to Singapore, US, Australia

Vietnam's lychees export to Singapore, US, Australia

Economy
The first batches of lychees were shipped from the northern province of Hai Duong, the country’s leading lychee grower, on May 25 to Singapore, the United States and Australia.
May 26, 2020 | 06:47
Vietnam’s economy likely to have V-shaped recovery after Covid-19

Vietnam’s economy likely to have V-shaped recovery after Covid-19

Economy
Saigon Securities Incorporated (SSI) believes that the highest probability for Vietnam's economy is a V-shaped recovery.
May 25, 2020 | 18:17
Vietnam has 5 representatives in the top retailers list in Southeast Asia

Vietnam has 5 representatives in the top retailers list in Southeast Asia

Economy
Vietnam has five representatives in the 2020 list of top 50 retailers in Southeast Asia compiled by British market research firm Euromonitor International.
May 25, 2020 | 16:34
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