IMF: Vietnam’s GDP predicted to exceed Singapore’s this year
Vietnam’s estimated GDP of $340.6 billion this year is expected to exceed that of Singapore by nearly 1 percent for the first time, according to report released by the International Monetary Fund (IMF).
Vietnam Airlines estimates loss of US$464 mln in nine months
In the first nine months of 2020, the revenue of Vietnam Airlines Group was estimated to decline 68% to nearly 24,000 billion VND (US$1 billion) and the consolidated loss was 10,750 billion VND (US$463,7 mln).
Phuong Uyen Tran at Tan Hiep Phat: An employee, A manager, A director
Encouraged by her father whom she considered her life and business mirror, Phuong Uyen Tran has striven to be a worthy successor to my parents by learning how to be a manager, while living and teaching THP’s core values.
Japanese enterprises want to expand supply chains in Vietnam
About 15 out of 30 Japanese firms with overseas production bases say they want to expand and diversify their supply sources in Vietnam, according to a survey by the Japan External Trade Organization (JETRO).
US businesses pour investment to Vietnam's gas power sector
US enterprises are looking for investment opportunities in the nation’s gas power sector, with plans to pour billions of US$ into the ASEAN region.
iPhone 12 rumors: Faster Face ID, improved camera zoom, longer battery life
Apple is likely taking the wraps off its 2020 iPhones at an event on October 13th, and with just days to go until the big reveal, there are still many rumors around the new update.
Vietnam exports nearly 150 million face masks in September
In September, Vietnam exported about 143 million medical masks of all kinds, a slight increase of 5.5% compared to the previous month.
Vietnam’s tuna exports to EU surge thanks to EVFTA
Thanks to EU-Vietnam Free Trade Agreement (EVFTA), Vietnam’s tuna exports to the EU in September skyrocketed to 11.9 million USD (up 13.3% inter-monthly), according to the Ministry of Agriculture and Rural Development.
Vietnam - US trade turnover increased by nearly 170 times since 1994
Vietnam- US trade turnover has increased by nearly 170 times from a figure of USD 450 million in 1994, to approximately USD 76 billion in 2019, heard a business summit on October 9 in Hanoi.
Korea Creative Content Agency opens Vietnam Business Center in Hanoi
The Korea Creative Content Agency (KOCCA) just officially opened the Vietnam Business Center in Hanoi on October 8.
Australia to provide AUD78.9 million ODA for Vietnam
The Australian Government on October 6 announced the 2020-2021 Budget, in which official development assistance (ODA) to the Southeast Asia region, including Vietnam, still increases.
Workers affected by COVID-19 in eight cities and provinces to receive vocational training
Impacted workers in Ho Chi Minh City, Nha Trang City and Bac Ninh, Ha Tinh, Ninh Thuan, An Giang, Dong Nai and Long An provinces will be offered short training courses focusing on industrial occupations including mechanics, industrial electrics and electronics, plumbing, building electronics, automotive and wastewater treatment.
Da Nang – Southeast Asian Silicon Valley – attractive to Japanese firms
With its favourable investment environment, the central city of Da Nang, has caught the attention of ICT firms from Japan.
Thailand company in talks to purchase Vietnamese solar farms
WHA Utilities and Power (WHAUP), the leading utilities and power service provider in Thailand is underway to acquire three solar farms under its new asset acquisition plan in Vietnam.
Vietnam's textile-garment exports down 10.3 pct in nine months
Vietnam's total textile-garment export value in the first nine months of this year dropped 10.3 percent year on year to US$22.06 billion.
Ten thousands of enterprises in Vietnam closed after 9 months due to COVID-19
There is an average of nearly 9,000 enterprises failing in the market each month in the first nine months of this year.
COVID-19 spawns Vietnam more opportunities to export to Latin America
Mercosur the South American trade bloc, is considered a lucrative market for Vietnamese exporting products such as garments, footwear, handicrafts, and processed foods to exploit.
More Italian enterprises invest in Vietnamese textile industry
More and more Italian textile firms are investing in Vietnam to take advantage of the EU-Vietnam Free Trade Agreement (EVFTA) and export to the European market, said experts.
Vietnam plans to attract foreign investment in equitisation of SOEs
As foreign investment is considered a key factor in accelerating the privatisation and divestment of State-owned enterprises (SOEs), the Vietnamese government is mapping out plans to grab oversea enterprises’ attention.
Vietnam surpasses Thailand to become the largest shrimp supplier to Canada
Vietnam's shrimp exports to Canada in eight months increased by nearly 27% over the same period last year, while Thailand’s to Canada has increasingly decreased.
