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
5 best-selling imported car models in Vietnam 2020

5 best-selling imported car models in Vietnam 2020

Economy
Imported Mitsubishi Xpander outperformed the locally assembled version, while Toyota Corolla Cross appearing in Vietnam since the third quarter of 2020 also named in the top 5 best-selling imported cars in Vietnam in 2020.
January 19, 2021 | 13:54
Foxconn invests in $270 million project in Bac Giang

Foxconn invests in $270 million project in Bac Giang

Economy
Foxconn Singapore PTE Ltd got a license to build a US$ 270 million plant capable of producing eight million laptops and tablets per year in the northern province of Bac Giang on January 18.
January 19, 2021 | 10:59
Tan Hiep Phat's promotion campaign

Tan Hiep Phat's promotion campaign

Women in Business
"As a product is being readied for launch, the third "P"—promotion—kicks in. It is no good having a great product if nobody knows about it", Phuong shares her business perspective in her post.
January 19, 2021 | 09:58
How CEO Tran Quy Thanh helps attain initial success for Tan Hiep Phat

How CEO Tran Quy Thanh helps attain initial success for Tan Hiep Phat

Women in Business
With his decision, Mr. Tran Quy Thanh entered Tan Hiep Phat to become the first company in Southeast Asia to invest in PET bottles made of polyethylene terephthalate and aseptic technology.
January 19, 2021 | 09:53
Vinamilk exports large shipments of seed, condensed milk to China

Vinamilk exports large shipments of seed, condensed milk to China

Economy
Vietnamese dairy giant Vinamilk successfully exported large shipments of seed and condensed milk to China during the opening weeks of the year.
January 19, 2021 | 07:16
The Economist: Vietnam emerges as attractive Asian destination for foreign investors

The Economist: Vietnam emerges as attractive Asian destination for foreign investors

Economy
Vietnam has emerged as an attractive destination in Asia for foreign direct investment (FDI), by beating China and India, according to a report by The Economist Intelligence Unit (EIU).
January 18, 2021 | 10:13
Vietnam becomes China's sixth largest trading partner in 2020

Vietnam becomes China's sixth largest trading partner in 2020

Economy
Vietnam became China’s sixth-largest trading partner in 2020, up 2 ranks compared to 2019, according to the Ministry of Industry and Trade’s report.
January 18, 2021 | 09:32
US not impose tariff or sanction on Vietnam’s exports

US not impose tariff or sanction on Vietnam’s exports

Economy
The Ministry of Industry and Trade said, in a report dated January 15 released by the United States Trade Representative (USTR) on the investigation of the behavior, policies, and actions of Vietnam related to money undervaluing, sanctions against Vietnam's exports was not mentioned.
January 17, 2021 | 15:32
Vietnamese, Dutch businesses urged to optimise EVFTA

Vietnamese, Dutch businesses urged to optimise EVFTA

Economy
Minister of Industry and Trade Tran Tuan Anh on January 14 urged Vietnamese and Dutch businesses to seek more investment opportunities and bring into full play the EU-Vietnam Free Trade Agreement (EVFTA).
January 15, 2021 | 07:49
Vietnam ships first batch of rice exports for 2021 to Singapore, Malaysia

Vietnam ships first batch of rice exports for 2021 to Singapore, Malaysia

Economy
Vietnam shipped first batch of 1,600-tonne rice to Singapore and Malaysia the Ministry of Agriculture and Rural Development announced on January 13.
January 14, 2021 | 11:59
Experts: Vietnamese economy set to rebound in 2021

Experts: Vietnamese economy set to rebound in 2021

Economy
Thanks to the promotion in private investment and exports, the Vietnamese economyis set to bounce back in 2021, experts said at a forum in Ho Chi Minh City.
January 14, 2021 | 10:31
Tran Ngoc Bich: “Any individual in Tan Hiep Phat necessarily plays the role of a leader since 2020”

Tran Ngoc Bich: “Any individual in Tan Hiep Phat necessarily plays the role of a leader since 2020”

Women in Business
In an interview with Vietnambiz, Tran Ngoc Bich, Deputy CEO of Tan Hiep Phat Group, the largest beverage group in Vietnam shared her point of view to promote Tan Hiep Phat to enter a new phase, where every person must play the role of a leader to ensure the activeness and fast.
January 14, 2021 | 10:00
EIU report: Vietnam rises as an alternative to China, beating India

EIU report: Vietnam rises as an alternative to China, beating India

Economy
Vietnam’s incentives for international firms for setting up units to manufacture hi-tech products, pool of low-cost workers and proliferation of free trade agreements (the latest one is with the EU) place it at an enviable position among Asian peers, the report suggests.
January 14, 2021 | 09:51
Singaporean seeking more opportunities to invest in Vietnam

Singaporean seeking more opportunities to invest in Vietnam

Economy
Vietnam is an important market for Singapore, and Singaporean investors are seeking more opportunities to invest in Vietnam, especially in prioritized areas such as innovation, development of smart cities, and startups.
January 14, 2021 | 07:21
Outperformed by 40%, Bamboo Airways achieved the highest on-time performance 2 consecutive years

Outperformed by 40%, Bamboo Airways achieved the highest on-time performance 2 consecutive years

Economy
According to newly-released statistics from the Civil Aviation Authority of Vietnam, Bamboo Airways has achieved the highest on-time performance (OTP) rate, compared to other airlines, in the 12 months of 2020. With this achievement, The Airline has successfully preserved its leading position in punctuality for the second year in a row.
January 14, 2021 | 07:15
Automobile billionaire Tran Ba Duong takes over HAGL Agrico

Automobile billionaire Tran Ba Duong takes over HAGL Agrico

Economy
HAGL Agrico has announced founder of car manufacturer Truong Hai Auto (Thaco) and Vietnamese billionaire Tran Ba Duong will take over as chairman.
January 13, 2021 | 11:14
Minister: ICT industry can outstrip GDP growth with domestic production

Minister: ICT industry can outstrip GDP growth with domestic production

Economy
Directly producing ICT goods instead of assembling them can allow the sector to outstrip the GDP growth by 2-4 times, according to Vietnam’s information and communications minister.
January 13, 2021 | 09:38
Vietnam, Germany beef up economic links

Vietnam, Germany beef up economic links

Economy
Germany will make all-out efforts to push ahead with the implementation of trade and industry cooperation deals with Vietnam, including the EU-Vietnam Free Trade Agreement (EVFTA).
January 13, 2021 | 06:45
Inside US Trade: US, Vietnam working to resolve trade issues through consultation and cooperation

Inside US Trade: US, Vietnam working to resolve trade issues through consultation and cooperation

Economy
The Inside US Trade has recently published an article entitled “US, Vietnam working to avoid imposition of Section 301 tariffs.”
January 11, 2021 | 23:09
Vietnam begins construction, inauguration on major projects

Vietnam begins construction, inauguration on major projects

Economy
Vietnam kicked off construction on expanded Hoa Binh hydropower plant on Sunday, at the same time inaugurating upgrading projects on Tan Son Nhat and Noi Bai International airports.
January 11, 2021 | 17:26
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