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
Masks – highlight of Vietnamese exports amidst COVID-19

Masks – highlight of Vietnamese exports amidst COVID-19

Economy
Vietnamese businesses exported nearly 850 million medical masks in the first eight months of this year.
September 25, 2020 | 09:08
Vietnam becomes Japan’s leading coffee supplier

Vietnam becomes Japan’s leading coffee supplier

Economy
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.
September 24, 2020 | 13:23
Domestic aviation on the road to recovery

Domestic aviation on the road to recovery

Economy
Vietnam's aviation industry is gradually recovering with passenger numbers heading toward pre-pandemic levels after a months-long slump.
September 24, 2020 | 10:58
EU to exempt import duties for 20,000 tonnes of Vietnamese raw sugar per year under EVFTA

EU to exempt import duties for 20,000 tonnes of Vietnamese raw sugar per year under EVFTA

Economy
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).
September 24, 2020 | 08:39
SBV eyes further interest cut

SBV eyes further interest cut

Economy
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.
September 24, 2020 | 06:58
Vietnam's trade surplus reached US$14.5 billion by mid-September

Vietnam's trade surplus reached US$14.5 billion by mid-September

Economy
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.
September 23, 2020 | 15:52
Vietnam's exports to EU reached US$3.78 billion since enforcement of EVFTA

Vietnam's exports to EU reached US$3.78 billion since enforcement of EVFTA

Economy
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.
September 23, 2020 | 08:42
Vietnam central bank reports credit growth at 4.81% in Jan-Sept

Vietnam central bank reports credit growth at 4.81% in Jan-Sept

Economy
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.
September 23, 2020 | 07:59
First batch of fragrant rice to be exported under EVFTA

First batch of fragrant rice to be exported under EVFTA

Economy
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.
September 23, 2020 | 07:02
Vietnam initiates anti-dumping investigation on sugar imported from Thailand

Vietnam initiates anti-dumping investigation on sugar imported from Thailand

Economy
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.
September 23, 2020 | 07:01
Vietnam exports nearly 1 billion face masks during COVID-19 season

Vietnam exports nearly 1 billion face masks during COVID-19 season

Economy
Vietnamese enterprises have exported over 846 million face masks in the first 8 months of 2020.
September 22, 2020 | 15:09
Most economic and financial indicators show the resilience of Vietnamese economy

Most economic and financial indicators show the resilience of Vietnamese economy

Economy
Most economic and financial indicators keep demonstrating Vietnam's resilience according to a report on Vietnam's macroeconomic by the World Bank.
September 22, 2020 | 07:19
Three things to consider as your multi-national business faces challenges

Three things to consider as your multi-national business faces challenges

Women in Business
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.
September 22, 2020 | 05:00
PM directs further accelerating production and disbursement of public investment capital

PM directs further accelerating production and disbursement of public investment capital

Economy
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.
September 19, 2020 | 16:44
Vietnam imports more coal and oil as natural resources depleted

Vietnam imports more coal and oil as natural resources depleted

Economy
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.
September 19, 2020 | 16:41
Tan Hiep Phat, a global company doing things dirrently but committing it core values

Tan Hiep Phat, a global company doing things dirrently but committing it core values

Women in Business
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.
September 19, 2020 | 09:00
Vietnam expects GDP growth next year at 6-6.5%

Vietnam expects GDP growth next year at 6-6.5%

Economy
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.
September 19, 2020 | 07:46
Vietnam becomes attractive investment destinations for Australian firms

Vietnam becomes attractive investment destinations for Australian firms

Economy
Vietnam has recently become a potential investment target of many Australian firms whose supply chain being replaced after the COVID-19 pandemic impact.
September 18, 2020 | 17:27
Phuong Uyen Tran's painful memory of workplace harassment

Phuong Uyen Tran's painful memory of workplace harassment

Women in Business
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.
September 17, 2020 | 13:00
US blocks its export of cotton from Xinjiang, will Vietnam be affected?

US blocks its export of cotton from Xinjiang, will Vietnam be affected?

Economy
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.
September 17, 2020 | 12:57
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