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.
Phuong Uyen Tran's painful memory of workplace harassment
In her book “Competing with Giants”, Tan Hiep Phat's Deputy CEO opens about her times being sexually harassed at the workplace. "It was a shocking and freezing moment", Phuong wrote.
US blocks its export of cotton from Xinjiang, will Vietnam be affected?
U.S. Customs and Border Protection officials have prepared orders to block imports of cotton and tomato products from China’s western region of Xinjiang over accusations of forced labor, though a formal announcement has been delayed.
FTAs help attract more foreign investors to Vietnam
Free trade agreements (FTAs) that Vietnam has signed with its partners have been an important factor in attracting foreign investments to the country.
Vietnam, US explore ways to raise export and import turnover of farm produce
The Ministry of Agriculture and Rural Development (MARD) held a meeting with businesses in Hanoi on September 14 to promote the import of agricultural products from the US.
Vietnam witnesses record trade surplus in first eight months of 2020
According to the statistics of the General Department of Vietnam Customs, in the first eight months of 2020, the country’s export and import turnover reached more than US$50 billion, while its trade surplus hit a record high of approximately US$13.5 billion.
Two Vietnamese named among top 25 Asian “Power Businesswomen” 2020
Truong Thi Le Khanh, Founder and Chairman of Vinh Hoan JSC, and Nguyen Bach Diep - Chairman of FPT Retail are named among the top 25 most powerful businesswomen in Asia 2020 by Forbes.
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.
