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.
Economy
Vietnamese Furniture Products Stand out at Milan Design Week
The Vietnam pavilion at the Milan Design Week is inspired by "Saigon Urban," displaying sophisticated furniture and fine arts products, demonstrating dynamism, creativity, colorfulness and cultural diversity.
Economy
Economic Promotion and Exchange in Thai Nguyen Connects Vietnamese, RoK Businesses
The program aims to enhance the relationship between Vietnam in general and Thai Nguyen province in particular with the RoK, creating opportunities for cooperatives, cooperative alliances, and enterprises of Thai Nguyen and the RoK to have a platform for exchange, connection, and product consumption.
Masks – highlight of Vietnamese exports amidst COVID-19
Vietnamese businesses exported nearly 850 million medical masks in the first eight months of this year.
Vietnam becomes Japan’s leading coffee supplier
Given the growing numbers of people working from home during the COVID-19 pandemic, instant coffee consumption among Japanese is also increasing in Japan. The trend sets Vietnam the top supplier of Robusta coffee beans for the Land of the Rising Sun.
Domestic aviation on the road to recovery
Vietnam's aviation industry is gradually recovering with passenger numbers heading toward pre-pandemic levels after a months-long slump.
EU to exempt import duties for 20,000 tonnes of Vietnamese raw sugar per year under EVFTA
Under the commitments of the EU-Vietnam Free Trade Agreement (EVFTA), 10,000 tonnes of Vietnamese white sugar and 10,000 tonnes of products containing over 80% sugar are expected to be offered tax incentives, according to the Agro Processing and Market Development Authority (Agrotrade).
SBV eyes further interest cut
The State Bank of Vietnam (SBV) sought to further cut interest rate in an effort to boost the country's economic recovery, said its deputy-governor Nguyen Thi Hong in an SBV's press conference held by yesterday in Hanoi.
Vietnam's trade surplus reached US$14.5 billion by mid-September
The General Department of Vietnam Customs said that Vietnam's import and export revenue reached over US$361.5 billion from the beginning of the year to September 15, with a record trade surplus of nearly US$14.5 billion.
Vietnam's exports to EU reached US$3.78 billion since enforcement of EVFTA
Within only one month since the EU - Vietnam Free Trade Agreement (EVFTA) took effect in early August, Vietnam exports to EU reached US$3.78 billion.
Vietnam central bank reports credit growth at 4.81% in Jan-Sept
Vietnam's credit growth is estimated at only 4.81% as of September 16, which is far away from the target of 14% for this year.
First batch of fragrant rice to be exported under EVFTA
The first batch of fragrant rice will be shipped to EU under the Europe-Vietnam Free Trade Agreement (EVFTA) by the end of this month, said the Ministry of Agriculture and Rural Development.
Vietnam initiates anti-dumping investigation on sugar imported from Thailand
Việt Nam for the first time will investigate signs of dumping of sugar imported from Thailand, said the Ministry of Industry and Trade (MoIT) on Monday.
Vietnam exports nearly 1 billion face masks during COVID-19 season
Vietnamese enterprises have exported over 846 million face masks in the first 8 months of 2020.
Most economic and financial indicators show the resilience of Vietnamese economy
Most economic and financial indicators keep demonstrating Vietnam's resilience according to a report on Vietnam's macroeconomic by the World Bank.
Three things to consider as your multi-national business faces challenges
When it comes to things that are challenging a multi-national business like Tan Hiep Phat, Vietnam’s largest beverage group, Phuong Uyen Tran suggests you focus on what you do well, do not forget that mistakes can lead to success, and hold fast to your values.
PM directs further accelerating production and disbursement of public investment capital
Prime Minister Nguyen Xuan Phuc has just issued Dispatch No.1259/TTg-KTTH directing ministries, ministerial-level agencies, governmental agencies and the People's Committees of provinces and centrally-run cities to remove difficulties to promote production, business, consumption and disbursement of public investment capital.
Vietnam imports more coal and oil as natural resources depleted
Vietnam is becoming an importer of coal, oil, gas, ... with increasing importing amount. In the context of declining natural resources, Vietnam needs to take into account the risks of being too heavily dependent on imports.
Tan Hiep Phat, a global company doing things dirrently but committing it core values
Phuong Uyen Tran, Deputy CEO of Tan Hiep Phat (THP), the largest beverage group in Vietnam shared about how local companies benefit the community and THP goes on its different way in running the business but still keeps its core values.
Vietnam expects GDP growth next year at 6-6.5%
Vietnam’s economic growth rate in 2021 is projected to grow at 6-6.5 percent, according to a resolution adopted during the Government's recent monthly meeting for August.
Vietnam becomes attractive investment destinations for Australian firms
Vietnam has recently become a potential investment target of many Australian firms whose supply chain being replaced after the COVID-19 pandemic impact.
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.
