Economy
DigiFrontiers Digital Technology Forum Discuses Orientations for Vietnam-Australia Cooperation
Vietnam is considered the country with the fastest growing digital economy in Southeast Asia.
Economy
Creating Favorable Conditions for The Implementation of Vietnam - Thailand Economic Relation
Thailand is currently Vietnam's biggest trading partner in the Association of Southeast Asian Nations (ASEAN), while the latter is the former's No. 2 partner, after Malaysia.
Economy
Double Standards: Unmasking Western Media’s Bias Against India
The recent slew of reports by American media outlets, notably the Washington Post and The Guardian, concerning alleged actions of the Indian government, has underscored a troubling trend in international journalism. With an “exclusive” report on an assassination plot on American soil purportedly linked to India during its national elections, questions arise not just about the timing of such revelations but also about the inherent biases they may reflect.
Government plans to invest US$345 million to bail out Vietnam Airlines
The State Capital Investment Corporation (SCIC) plans to invest 8 trillion VND (US$ 345.49 million) in Vietnam Airlines JSC (HVN) through a rights issue.
Japanese expert praises Vietnam’s COVID-19 containment and miraculous economic growth
Director of Japan’s Vietnam Economic Research Institute (VERI) Hiroyuki Moribe said Vietnam’s great economic potential and achievements in containing COVID-19 are miracles.
WB: Vietnam’s economy among world’s fastest growing
World Bank (WB) stressed Vietnam’s economic growth again citing its impressive growth rate in the late 2020 period.
5 best-selling imported car models in Vietnam 2020
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.
Foxconn invests in $270 million project in Bac Giang
Foxconn Singapore PTE Ltd got a license to build a US$ 270 million plant capable of producing eight million laptops and tablets per year in the northern province of Bac Giang on January 18.
Tan Hiep Phat's promotion campaign
"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.
How CEO Tran Quy Thanh helps attain initial success for Tan Hiep Phat
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.
Vinamilk exports large shipments of seed, condensed milk to China
Vietnamese dairy giant Vinamilk successfully exported large shipments of seed and condensed milk to China during the opening weeks of the year.
The Economist: Vietnam emerges as attractive Asian destination for foreign investors
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).
Vietnam becomes China's sixth largest trading partner in 2020
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.
US not impose tariff or sanction on Vietnam’s exports
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.
Vietnamese, Dutch businesses urged to optimise EVFTA
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).
Vietnam ships first batch of rice exports for 2021 to Singapore, Malaysia
Vietnam shipped first batch of 1,600-tonne rice to Singapore and Malaysia the Ministry of Agriculture and Rural Development announced on January 13.
Experts: Vietnamese economy set to rebound in 2021
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.
Tran Ngoc Bich: “Any individual in Tan Hiep Phat necessarily plays the role of a leader since 2020”
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.
EIU report: Vietnam rises as an alternative to China, beating India
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.
Singaporean seeking more opportunities to invest in Vietnam
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.
Outperformed by 40%, Bamboo Airways achieved the highest on-time performance 2 consecutive years
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.
Automobile billionaire Tran Ba Duong takes over HAGL Agrico
HAGL Agrico has announced founder of car manufacturer Truong Hai Auto (Thaco) and Vietnamese billionaire Tran Ba Duong will take over as chairman.
Minister: ICT industry can outstrip GDP growth with domestic production
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.
