Economy
IMF Expert: Vietnam Remains Attractive Destination for Foreign Investors
Vietnam remains an attractive destination for FDI while the global economy fluctuates and geopolitical instability increases, said an IMF expert.
Economy
World Bank: Vietnam's Economy Recovers Gradually
According to the latest 6-month economic report of the World Bank (WB) published on April 23, Vietnam's economy is showing different signs of recovery, with growth forecast to reach 5.5% in 2024, and gradually increase to 6.0% in 2025.
Economy
ASEAN Future Forum and India's Role in Indo - Pacific Stability and Prosperity
Indian Foreign Minister Dr. S. Jaishankar emphasized the importance of a strong and united ASEAN for regional stability in the Indo-Pacific during his virtual address at the first ASEAN Future Forum on Tuesday.
S. Korea: Independent committee advises prosecution not to indict Samsung heir in succession case
Samsung Group heir apparent Lee Jae-yong was granted a respite Friday (June 26) in a legal battle over his alleged role in a controversial merger and fraudulent accounting, as an independent panel of experts concluded that prosecutors should not indict him, according to several sources from South Korea.
Nestlé Vietnam and La Vie join forces for zero-waste future
In recent years, Nestlé Vietnam and La Vie Co., Ltd. have proactively involved in activities to boost the circulating economy in Vietnam and contribute to shaping up a zero-waste future.
Japanese startup creates "connected" face mask, which can talk to your phone and amplify your voice
Face masks are here to stay for the foreseeable future as the world continues to battle the COVID-19 pandemic. Hence, a Japanese startup named Donut Robotics has developed a way to turn the ubiquitous coronavirus face mask into the latest tech gadget.
Microsoft permanently closes retail stores around the world, focusing to online sales
Microsoft said on June 26 that it will close its stores around the world, moving its retail operations online and keeping only four locations that will be transformed into "experience centers”.
Deputy PM asks for measures to boost cooperatives' growth
At a meeting with the Vietnam Cooperative Alliance (VCA) on June 26, Deputy Prime Minister Trinh Dinh Dung called for measures to expand the size and enhance the competitiveness of cooperatives in Vietnam.
Vietnam's FDI reached nearly USD 16 billion in 6 months
The Ministry of Planning and Investment revealed that the total foreign direct investment (FDI) into Vietnam from January to June 20 reached US$15.67 billion, equivalent to 84.9% of the figure for the same period last year.
Hanoi gets 36 investment offers worth US$ 26 billion
Hanoi received 36 proposals for memorandums of understanding (MoU) for investment cooperation on June 23, which were estimated to be worth over US$ 26 billion.
Sustainability - Key factors for Vietnam’s fashion and textile manufacturing industries
Reducing environmental pollution and achieving sustainability are the key factors for Vietnam’s fashion and textile manufacturing industries to maintain their competitive edge, according to the academic researcher.
Vietnam issued Circular on Certificate of Origin in EVFTA
Minister of Industry and Trade Tran Tuan Anh has signed Circular 11/2020/TT-BCT stipulating the Certificate of Origin (C/O) in the European Union – Vietnam Free Trade Agreement (EVFTA).
E-commerce giant Lazada appoints new CEO
Lazada, the Southeast Asian branch of Chinese e-commerce firm Alibaba Group Holding, announced on Friday (June 26) that it would replace its CEO.
Deputy PM: Vietnam to focus on supply chain development
On June 23, at the governmental head office, Permanent Deputy Prime Minister Truong Hoa Binh met Executive Vice President of Techtronic Industries (TTI) Nate Easter to discuss TTI's investment plan in Vietnam.
How the aviation industry in Asia-Pacific responding to the COVID-19 pandemic?
The COVID-19 pandemic has had a significant impact on the aviation industry due to the resulting travel restrictions as well as a slump in demand among travelers. Significant reductions in passenger numbers have resulted in planes flying empty, which in turn massively reduced revenues for airlines and forced many airlines to lay off employees or at the risk of bankruptcy.
Europe urges Vietnam to resume international flights as FTA takes effect
Europe has joined the growing number of economies urging Vietnam to resume international flights, as the country appears virtually free of the coronavirus and represents a strong investment destination for those seeking perse supply chains.
AEON executive officer highly appreciates Vietnamese “thieu” lychees
AEON Executive Officer, Soichi Okazaki highly appreciates the quality of Vietnamese “thieu” lychees and hopes to import more fresh lychees and other tropical fruits from Vietnam.
Covid-19 changes consumer buying behaviors in Vietnam
In Vietnam, many food products have been purchased online since coronavirus outbreak.
Malaysia: the highest E-Wallet usage In Southeast Asia
Malaysia leads other countries in Southeast Asia in the usage of mobile/digital wallets at 40 per cent, ahead of the Philippines (36 per cent), Thailand (27 per cent) and Singapore (26 per cent), according to a Mastercard Impact Study 2020.
How Vietnam's big group overcomes the Covid-19 pandemic
The Daybreak USA broadcasts an online interview with the author of the book " Competing with Giant" who also works as the Deputy CEO of Vietnam's big group in the field of beverage, Tan Hiep Phat Group, Uyen Phuong Tran. Her shared experience can be supposed a practical and valuable lesson for all businesses in the world to survive during the severe epidemic.
Deputy PM meets Vietnam Business Council for Sustainable Development
On June 23, Deputy Prime Minister Vu Duc Dam hosted a reception for the Vietnam Business Council for Sustainable Development (VBCSD).
US probing tire imports from South Korea, Thailand, Taiwan, Vietnam
The US Commerce Department said on Tuesday it had opened investigations into vehicle tire imports from South Korea, Taiwan, Thailand and Vietnam to determine whether the tires are being sold at less than fair value.
Vietnam's shrimp exports to Canada surge 32%
The Vietnam Association of Seafood Exporters and Producers (VASEP) informed that Vietnam’s shrimp exports to Canada surged 32% to US$54.7 million from the beginning of the year to the first half of May year on year.
