Economy
Finland Considers Vietnam Most Important Economic Partner in ASEAN
Speaker of the Parliament of Finland Jussi Halla-Aho affirmed that Finland considers Vietnam to be the most important economic partner in ASEAN and wishes to strengthen cooperation with Vietnam to maximize the great potential between the two countries.
Economy
Medtronic receives top accolade in 3 countries at Healthcare Asia Medtech Awards 2024
The cross-country recognition honors exceptional medtech companies in Asia who have gone above and beyond to launch initiatives and serve their customers with groundbreaking innovations.
Expats in Vietnam: Favorable conditions to know when investing in Vietnam's real estates
Vietnam has been considered one of Asia's promising market for foreign investment and buying property is arguably the best way to gain from its economic rise.
Industrial park operators forecast to see H2 post-tax profits fall 23 percent
Industrial park operators could see post-tax profits in the second half of this year fall 23 percent year-on-year to US$211.4 million over travel restrictions and land acquisition delays.
Vietnamese shrimp exports to EU expected to surge in remaining months of 2020 thanks to EVFTA
Vietnamese shrimp exports to the EU market is forecasted to surge during the remaining months of the year following the enforcement of the EU-Vietnam Free Trade Agreement (EVFTA) in early August.
VietJet Air’s CEO named among 100 people transforming business in Asia
Vietjet Air CEO Nguyen Thi Phuong Thao has been the only Vietnamese to be included in the list of 100 People Transforming Business in Asia in 2020 by Business Insider.
Made-in-Vietnam goods promoted in Japan's top largest supermarket chain
AEON has provided technical support to improve the production capabilities of Vietnamese suppliers, helped them access Japanese customers and increased the purchase of Vietnamese goods to sell at its stores in Japan and elsewhere.
EVFTA: First batch of shrimp from Vietnam on its way to EU
On September 11, in Ninh Thuan, the first shrimp consignment from Vietnam to several European countries in lines with the EU-Vietnam Free Trade Agreement (EVFTA) commitments has started its long way to the EU.
Vingroup rebuts after rumor of selling Vinschool, Vinmec makes international headlines
As the news of its plan to sell controlling stakes of the medical and education units circulates on international news outlets, including Reuters, CNA, Vietnam's biggest conglomerate Vingroup on Friday afternoon confirmed: “there’s no such decision”.
Vietnam starts charging quarantine and testing fee for anyone entering the country
Passengers entering Vietnam will have to pay a fee for quarantine and PCR tests.
Vietnam’s fruit exports to China decline, but surges to Thailand
According to a recent report of Agricultural Product Processing and Market Development Department (the Ministry of Agriculture and Rural Development), Vietnam’s vegetables and fruits exports reached $2.26 billion in the first eight months of 2020. China has reduced fruit imports, but Thailand has been buying more from Vietnam.
The role of focusing on local wins - Phuong Uyen Tran
The world may be flatter, but that does not mean globalization turns everyone the same. Local traditions are becoming more important.
Vietnam's current account surplus is predicted at 3.7% in 2020
Fitch Solutions, the UK-based financial information services provider forecasts that Vietnam’s current account surplus could shrink to 3.7 percent in 2020 from 4.9 percent last year due to the effects of the COVID-19 pandemic.
ICAEW: Vietnam recovery prospects brightest in Southeast Asia
The recovery prospects look brightest for Vietnam and the country is expected to be the only Southeast Asian economy to record positive growth this year.
FDI inflows into Vietnam will recover after the pandemic
Foreign direct investment (FDI) inflows in Vietnam will soon recover after the Covid-19 pandemic is controlled, according to Takeo Nakajima, the Chief Representative of the Japan External Trade Organisation (JETRO) in Hanoi.
Hoan Kiem district expected to expand overnight business
Hoan Kiem District (Hanoi) plans to reconsider restrictions on operating hours of food, entertainment, and shopping services to develop the night economy.
Vietnam among Samsung’s new TV production sites
Samsung Electronics will shift parts of its TV production to Vietnam following the closure of its sole China TV factory in Tianjin at the end of November.
Vietnam carmaker Vinfast buys GM Holden's testing centre in Australia
Vinfast said on September 9 it had bought GM Holden’s Lang Lang Testing Centre in Australia, as part of its efforts to expand internationally.
Made-in-China silkworms wear fake Vietnam tags for exporting to India
The post-clearance department under the General Department of Vietnam Customs has just reported the case of an enterprise in Ho Chi Minh City which stamps fake Vietnam tag on imported Chinese silkworms in order to export to India.
Family bonds - The part and parcel behind Tan Hiep Phat's success
From a very young age, Phuong Uyen Tran and her siblings were taught that the path to success is to invest every resource into the family business, mentally and financially.
Vietnam – the rising star in FDI attraction
With strong fundamental factors such as a young, dynamic and tech-savvy population, the growing domestic market, the expanding middle class and an open economy, Vietnam continues to offer attractive investment opportunities.
Vietnam automaker VinFast unveils US$198,000 SUV
Priced at US$164,000, the luxury VinFast President went on sale on September 7. The first 100 customers will get a 17 percent discount on the price,