VietNamNet Bridge - After December 31, 2018, Samsung’s hand-held devices will no longer be produced in Tianjin, China, where its second largest factory operates.

VietNamNet Bridge - The National Assembly has approved a resolution on socio-economic development in 2019,  calling for 6.6-6.8 percent GDP growth rate and a maximum 4 percent CPI increase.

VietNamNet Bridge - Contrary to all predictions that the motorbike market has become saturated, motorbikes sales in Vietnam continue to increase.

VietNamNet Bridge - Regular expenses are too high and many expenditure items are unnecessary: these are comments regularly seen in reports about the state budget.

Vietnam will gather strength in three production and business fields, considering these the pillars of the national economy in the 4.0 industry revolution era.

Vietnam’s tourism ranks 47th in the world and 15th in Asia. However, there is still a big gap between Vietnam and other Southeast Asian countries.

Any changes to be made by Samsung are expected to have an impact on Vietnam because of its high contribution to the country’s export and GDP growth. 

Located at the corner of Le Duan – Hai Ba Trung streets, an advantageous position in the central area of the city, Hard Rock Café HCMC, covering an area of 1,000 square meters, has been a favorite destination for foreigners for nine years. 

VietNamNet Bridge - Turkey, Argentina and other countries have recently witnessed their local currencies depreciating dramatically against dollars. How about Vietnam?

Vietnam has great natural advantages and high capability to develop the food processing industry, experts say.

VietNamNet Bridge - Vietnam’s textile and garment exports to South Korea are expected to increase by 20 percent this year and continue rising in upcoming years.

The ban on sale of liquors with alcohol content of 15 percent or more via the internet was issued one year ago, but online advertisements and sales of strong alcohol continue.

The current scale of the Vietnamese bond market is only one-third of South Korea’s and one-half of Malaysia’s, while its trading value in the government bond secondary market is equal to Thailand’s, but much lower than South Korea’s and Singapore’s.

Following a prosperous 2017, Vietnam’s economy has been growing well despite the uncertainties of the global economy. However, problems are still ahead, especially those rising from the China-US trade war.

As GDP relies on exports, in order to avoid the abrasive effects of the China-US trade war, it needs to improve competitiveness and find new markets.

The inflation rate in all three scenarios drawn up by the Prime Minister’s economic advisory team is below 4 percent.

The government of Vietnam wants to keep the interest rate low and stable in order to encourage economic sectors to expand business, thus helping economic growth.

Not many economists believe in the theory that economic crisis happens once every 10 years. However, they are showing concerns about the internal problems of the economy.

Some weak points of the economy still have not been settled, while the prices of many kinds of goods are predicted to increase. 

‘High expectations’ and ‘excessive optimism’ were the phrases used by Huynh The Du, training director of the Fulbright Economics Teaching Programm (FETP), in describing the 10-year crisis cycle.