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
Vietnamese government aims at socio-economic goals amid Covid-19 pandemic

Vietnamese government aims at socio-economic goals amid Covid-19 pandemic

Viet's Home
On August 3, Prime Minister Nguyen Xuan Phuc hosted one-day regular cabinet meeting for July. In this meeting, the Vietnamese government discussed measures to fulfill socio-economic goals amidst the COVID-19 pandemic.
August 04, 2020 | 09:20
Vietnam economy expects to stay resolved to prevent negative economic growth

Vietnam economy expects to stay resolved to prevent negative economic growth

Economy
“We must stay calm and resolved to continue performing the dual tasks of containing COVID-19 and preventing economic fragility and negative growth.” said PM in the meeting on August 2.
August 04, 2020 | 08:37
Vietnamese startups still raise millions of US dollar during the pandemic

Vietnamese startups still raise millions of US dollar during the pandemic

Economy
Despite COVID-19 pandemic,  Vietnamese start-ups  like Tiki, OnPoint  still  receives millions USD from foreign investors.
August 04, 2020 | 07:22
Vietnam's economic growth may reach about 7% in 2021

Vietnam's economic growth may reach about 7% in 2021

Economy
Prime Minister Nguyen Xuan Phuc has issued a new directive on the plan of socio-economic development and state budget estimate for 2021, with a target of about 7% of economic growth for the year. 
August 03, 2020 | 17:42
Vietnam has seen 75,200 new firms register in 7 months

Vietnam has seen 75,200 new firms register in 7 months

Economy
During the first seven months of 2020, Vietnam had more than 75,200 newly registered enteprises, a 5.1% decrease compared to the same period last year.
August 03, 2020 | 14:32
Vietnam’s T&T Group continues to import record huge amount of cashews from Côte d'Ivoire

Vietnam’s T&T Group continues to import record huge amount of cashews from Côte d'Ivoire

Economy
After the unprecedentedly huge cashew nuts purchasing contract with Tanzania last year, T&T Group signed another contract with the Côte d'Ivoire government with the volume of 150,000 tons cashew equivalent to the entire one Côte d'Ivoire have possessed.
August 03, 2020 | 14:06
ASEAN market development signals a positive progress

ASEAN market development signals a positive progress

Economy
As Vietnam witnesses total import-export turnover with ASEAN last year reaching USD 57.3 billion, representing a year-on-year rise of 1.1%, ASEAN has developed into Vietnam’s fourth largest export region, only behind the United States, the EU, and China.
August 03, 2020 | 12:45
Over 20,000 export enterprises are ready for EVFTA opportunities

Over 20,000 export enterprises are ready for EVFTA opportunities

Economy
More than 20,000 export enteprises in Ho Chi Minh City are fully prepared for the opportunities from EVFTA. They are ready to enjoy quick access to the EU market, the third largest export market of the southern economic hub.
August 03, 2020 | 10:46
EVFTA - a significant boost to Vietnam's economy

EVFTA - a significant boost to Vietnam's economy 2

Economy
The EU - Vietnam Free Trade Agreement (EVFTA), which officially entered into force starting from August 1 is expected to be a significant impetus for Vietnam's exports to the EU, the second-largest import market in the world.
August 02, 2020 | 08:53
The Key to Successful Business Succession Planning - Uyen Phuong Tran

The Key to Successful Business Succession Planning - Uyen Phuong Tran

Economy
Regardless of what area of the world you examine, family-owned businesses are an integral part of the economy and society, Tran shares in this article of the key to successful business succession planning.
August 02, 2020 | 06:19
Vietnam's investment environment praised by Japanese

Vietnam's investment environment praised by Japanese

Economy
Foreign enterprises including Japanese lauded Vietnam as a safe and successful country for investors.
August 01, 2020 | 10:33
Gold Price Today August 1: continues to ascend after minor drop

Gold Price Today August 1: continues to ascend after minor drop

Economy
Today on 1/8, gold prices in Asian market reversed to go up in the last trading session of July, recording the best month of increase in more than 8 years.
August 01, 2020 | 09:18
Vietnamese energy market considered much potential for development

Vietnamese energy market considered much potential for development

Economy
With national demand for electricity growing by an estimated 10.6% in the 2016 to 2020 period, with further growth of 8.5% expected in the 2021 to 2025 period, and an additional 7% in the 2026 to 2030 period, the country is becoming an attractive market for both domestic and foreign energy investors, according to the VOV.
July 31, 2020 | 16:32
The largest oil field just discovered offshore Vietnam

The largest oil field just discovered offshore Vietnam

Economy
Eni announces that its exploration well, Ken Bau-2X, located in Block 114, Song Hong Basin, offshore Vietnam, has confirmed a significant hydrocarbon accumulation on the Ken Bau discovery, further expanding its potential.
July 31, 2020 | 07:23
Huawei surpassed Samsung to be the world's biggest smarphone brand

Huawei surpassed Samsung to be the world's biggest smarphone brand

Economy
Huawei took over Samsung's first rank in smartphone market for the first time ever, released on Thursday.  
July 31, 2020 | 07:20
Vietnam's exports slightly increased in the first 7 months of 2020

Vietnam's exports slightly increased in the first 7 months of 2020

Economy
The General Statistics Office revealed that Vietnam exported goods worth a total US$145.8 billion in the first seven months of 2020, up by a slight 0.2% compared with the same period in 2019. 
July 31, 2020 | 06:59
Commodities gained export value of over US$1 billion

Commodities gained export value of over US$1 billion

Economy
According to the General Statistics Office, a total of 23 commodities have seen an export value of over US$1 billion during the opening seven months of 2020, accounting for 87% of Vietnam's total export turnover. 
July 31, 2020 | 06:59
Vietnam's CPI up 0.4% in July

Vietnam's CPI up 0.4% in July

Economy
According to the General Statistics Office (GSO), Vietnam's consumer price index (CPI) in July grew by 0.4% against June and 3.39% year-on-year.
July 30, 2020 | 15:44
Vietnam's digital economy and e-commerce to grow sharply

Vietnam's digital economy and e-commerce to grow sharply

Economy
In the first half of 2020, Vietnam's digital economy and e-commerce enjoyed a sharp growth rate of 25%, withstanding the wide-ranging impact of the Covid-19 pandemic. 
July 30, 2020 | 14:17
Equitising state-owned enterprises to boost growth amidst COVID-19

Equitising state-owned enterprises to boost growth amidst COVID-19

Economy
The decision to propel divestment of Vietnamese state-owned enterprises in the second half of 2020 is welcome news to investors, according to an academic researcher.
July 30, 2020 | 11:48
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