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CMC aims for quadruple growth by 2025

CMC announced business results in the financial year 2020, appointed a CEO and set out goals and challenges to be realized by big moves in the 2021-2025 strategy at its Annual General Meeting of Shareholders on July 21.

Innovation identified as strongest growth engine for Vietnam: Expert

The Vietnamese government would continue to put up efforts in revising and improving regulatory framework in order to accommodate fast changes in the field of technology.

Hanoi prepares scenarios to foster post-pandemic socio-economic development

Hanoi authorities have prepared scenarios to promote socioeconomic development after the COVID-19 pandemic is brought under control.

Prospects for growth remain positive among Vietnam’s CEOs: PwC

Vietnam’s prospects for growth remain positive despite record pessimism among chief executive officers (CEOs) about the global economy, said PricewaterhouseCoopers (PwC) Vietnam in a statement.

Vietnam’s two big cities lead region in dynamic growth: JLL

HCM City and Hanoi continue to lead the momentum in Southeast Asia, ranking third and seventh among the most dynamic cities in the world, according to the City Momentum Index recently issued by property consultant Jones Lang LaSalle.

Rising above headwinds to growth

Vietnam has produced significant economic achievements that have simultaneously strengthened the country’s international status. 

SeABank earns net profit of nearly VND1.4 trillion in 2019

SeABank (Vietnam) has just announced its 2019 business results with net profit of VND1,390.69 billion, an increase of VND768.26 billion or 123.4% compared to 2018, ROE at 12.03%. This is the highest growth rate ever of SeABank.

 

What will Vietnam be in 2045?

Speaking at the opening of the Vietnam Communist Party Central Committee’s conference on May 16, Party General Secretary and President Nguyen Phu Trong raised the question "What will our country be in 2045?"

 

Slowdown in FDI’s export growth to impact Vietnam’s economy in 2020

A slowdown in export growth of the foreign-invested sector could have a negative impact on Vietnam’s economy in 2020, according to SSI Securities Corporation, Vietnam’s largest brokerage house.

Vietnam central bank attempts to address sluggish growth

The State Bank of Vietnam’s latest move to reduce interest rates comes after other central banks around the globe have started easing to combat spreading weaknesses, but experts are warning that such decisions may not yield the desired effects.

Many foreign companies move factories to Vietnam: Savills

Many companies are moving their factories from other countries to Vietnam, showing the potential for strong development of industrial real estate, according to Savills Vietnam.

Vietnam keeps goal of export value growth at 7.5 percent in 2019

The Ministry of Industry and Trade would not adjust its import and export goals despite current difficulties.

Vietnam securities gain strongest growth in Southeast Asia

 VietNamNet Bridge – The growth of Vietnam's stock in 2013 was over 20 percent, while that of other Southeast Asian countries declined or increased only 3-10 percent.

Vietnam listed among the world’s fastest growing aviation market

The International Air Transport Association (IATA) believes that Vietnam would be the third fastest growing market in terms of international passenger and cargo transport and the second fastest in domestic passenger transport.

BUSINESS IN BRIEF 24/10

 FPT opens new office in Nagoya; Lotte increases stake in Bibica to 43.1%; Viet Nam prepares to make most of FTA; Saigon High-tech Park to boost exports; FDI projects in Vietnam touch US$110 billion

Unemployment down, why is the economy not good

Typically, in many countries around the world, the unemployment indicator is used to assess the health of the economy. If this rate is low, the economy is healthy and is creating more jobs. But it is different in Vietnam.