Economy
Vietnam's Investment Environment Attractive to Chinese Businesses
In 2023, China ranks 4th among countries and territories investing in Vietnam, with a total of more than US$3 billion, leading in the number of new investment projects.
Economy
Potential For Economic Cooperation Between Vietnam And Indonesia
Vietnam-Indonesia still has much potential to promote economic cooperation. To utilize this market well, domestic businesses need to make good use of incentives from free trade agreements (FTAs).
Economy
Economic Uncertainties Continue to Plague Pakistan and GDP Growth Projected to be Less than 2 Percent
Amid an uncertain economic outlook with high downside risks, the private sector’s participation in economic growth remains unnoticeable as it is not borrowing from banks for business expansion.
Vietnam’s economic outlook is hailed ‘one of the brightest in Asia'
Edward Teather, an economist from the prestigious UBS Research said that with a rebounding economy and a new trade deal are what give Vietnam a top positive outlook among Asian countries despite the COVID-19 pandemic.
Western retailers boycott Thai coconuts over inhumane monkey labour
A number of supermarkets have removed some coconut water and oil from their shelves after it emerged the products were made with fruit picked by monkeys.
Facebook COO says the largest social platform ‘has to get better’ on hateful content
Facebook Inc chief operating officer (COO) Sheryl Sandberg said the company needs to get better at removing hateful speech – a response to hundreds of companies that have stopped advertising on the social network for what they consider a failure to purge harmful content.
Northern Vietnam province’s red-flesh dragon fruit to hit shelves in Japan soon
Following the shipment of mangoes to the US, the pouring of lychee to the Japanese market, the northern mountainous province of Son La is preparing to export 20 tonnes of red-flesh dragon fruit to Japan on July 10.
How much trouble is Chinese firm Huawei involved in?
The situation is getting increasingly difficult for the Chinese company Huawei. New US sanctions, the decision to remove Britain's 5G Huawei equipment and the recent China-India tensions are all putting Huawei under great pressure.
Thai Government takes measures to boost sustainable agricultural development
The Thailand Board of Investment (BOI) approved five large-scale projects and measures to strengthen Thailand's agricultural sector and agro-industry in line with the BCG (Bioeconomy, Circular Economy, and Green Economy) model.
Vietnam's rice export in 6 months reached nearly 3.5 million tons, up 18%
The data from Agro Processing and Market Development Authority (Agrotrade) showed that Vietnam exported nearly 3.5 million tonnes of rice in 6 months, worth US$1.71 billion.
RMIT continues to shape its positive image through world academic rankings
RMIT University (Australia) has ranked 223rd globally in the latest QS World University Rankings of 2020 - an increase of 15 places from 2019 and 68 places since 2014.
McKinsey & Fitch Ratings highly appreciate Vietnam’s economic resilience
According to McKinsey, Vietnam’s domestic economy is set to return to growth, but not until the global economy bounces back. Meanwhile, Fitch Ratings says that Vietnam is stand out among Asia’s frontier and emerging markets this year in terms of its economic recovery and success in curbing the coronavirus pandemic.
Vietnam and Japan trade promotion conference in support industries to be held on July 7
The Vietnam Ministry of Industry and Trade will hold a teleconference for trade promotion in support industries between Vietnam and Japan on July 7. This event is expected to attract about 30-40 companies from both countries.
Samsung likely to offset smartphone losses with strong chip biz in Q2
Samsung Electronics is expected to announce better-than-expected earnings guidance for its second quarter, based on its robust chip business that would offset losses in its smartphone and display businesses amid the novel Covid-19 pandemic.
Vietnam's retail sales and service revenue in June up 6.2%
According to the General Statistics Office, the total retail sales and service revenue of Vietnam reached VND431 trillion (US$18.6 billion) in June, up 6.2 per cent month-on-month and 5.3 per cent year-on-year.
Vietnam's industrial production slightly rebounding
Data from the General Statistics Office (GSO) showed that Vietnam's industrial production was greatly affected by Covid-19 in the first half of 2020 but has gradually bounced back since May.
Vietnamese businesses borrow 65% of its equity?
Thousands of listed firms in Vietnam are heavily leveraged. But under expert's scrutinizes, this is not a pressing problem.
New foreign investment wave begins in Vietnam despite Covid-19
Under the impacts of Covid-19 and the US-China trade tensions, the new wave of foreign investments into Vietnam has become more visible. Specifically, there have been outstanding foreign ventures expanding in Vietnam in the first half of the year.
Will Apple arrive in Vietnam as its new nest?
Foxconn, Apple's largest iPhone manufacturer, has been making clear moves on increasing investment in Vietnam. Does that indicate Apple has chosen Vietnam as a new location to make iPhone?
New Law on Investment in Vietnam: Favour of foreign investment
The Vietnamese National Assembly has adopted the new Law on Investment, with new rules in favour of foreign investment, including from the US, which is expected to surge in Vietnam in the time to come.
Investing in digital currency: Remains illegal in Vietnam
Investing in digital currency remains illegal in Vietnam, and those who encourage people to invest in schemes are considered offenders.
Vietnamese Company Creates World’s First Biodegradable Coffee Face Mask Named AirX
The world’s first biodegradable face mask comprised almost entirely of discarded waste from large-scale coffee manufacturers.
Thailand’s Gulf to acquire two Vietnamese wind farms
Gulf Energy Development Plc set by The Stock Exchange of Thailand (SET) has announced buying two wind farms in Vietnam worth a total of US$200 million.
