ASEAN markets

Update news ASEAN markets

Experts have urged Vietnamese exporters to shift their attention to neighbouring ASEAN markets given that COVID-19 continues to wreak havoc on major markets such as the EU and the US, a recent conference heard.

Win-win cooperation the goal: Prime Minister Nguyen Xuan Phuc

In marking the 50th anniversary of ASEAN and 25 years of diplomatic ties between Viet Nam and the Republic of Korea (ROK) this year, the Viet Nam News and the Maeil Business, ...

Vietnam trade with ASEAN uneven

 VietNamNet Bridge – During her business trips to ASEAN member countries, Nguyen Hong Hoa of HCM City finds it very hard to find Vietnamese goods on supermarket shelves in Malaysia or Singapore.

US’ FDI in Vietnam

 VietNamNet Bridge – Vietnam has massive opportunities for attracting foreign direct investment, in particular, investment from the US, which is predicted by some to become the country’s top foreign investor in the years ahead.

Russia, Belarus firms expected to join truck JVs in Vietnam

 VietNamNet Bridge – Auto manufacturers of Russia and Belarus are expected to join hands with Vietnamese partners to form joint ventures to manufacture and assemble trucks and other vehicles in this market.

SMEs to face regional competition

Small and medium-sized enterprises in Viet Nam have paid little attention to the nearing formation of the ASEAN Economic Community, while larger companies with a "national brand name" are actively preparing for the regional integration process.

China’s dumping leaves Vietnam steel plants fighting for survival

 VietNamNet Bridge – Steel making in Vietnam is in danger of coming to a full stop and the root cause of its demise lies in the fact China is increasingly dumping vast stockpiles of steel in markets around the globe say leading market analysts.

Trade minister: Local firms still dominate retail market

VietNamNet Bridge – Minister of Industry and Trade Vu Huy Hoang said domestic enterprises now hold 97% local retail and wholesale market share though Vietnam opened its doors to goods imports from ASEAN decades ago.

Tour guides not allowed to work freely in ASEAN

VietNamNet Bridge – Laborers in the hospitality sector except tour guides will be allowed to work in the ASEAN markets of their choice when the ASEAN Mutual Recognition Arrangement on Tourism Professionals takes effect.