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Vietnam’s manufacturing activity signals improvement in May

The sector saw a softer contraction than in April as the Covid-19 pandemic was brought under control in Vietnam.

Vietnamese take increasingly to cashless payments

Non-cash payments have increased sharply, especially through mobile devices and the internet, according to the State Bank of Vietnam.

Vietnam enjoys benefits of Apple moving AirPods Pro manufacturing from China

Plenty of recently-produced AirPods charging cases now carry the ‘assembled in Vietnam’ message, with increasing numbers of the headphones and accessories being put together locally,

China tests digital currency and policy recommendations for Viet Nam

China this month started testing its sovereign digital currency, the so-called Digital Currency Electronic Payment (DCEP), putting pressure on Vietnam to research cryptocurrency in the context of international integration.

 

Van Hau listed among Asia’s most prominent defenders

Prestigious sports website Fox Sports Asia has created a poll for football supporters to select their dream Asian defence and renowned Vietnam defender Doan Van Hau is listed among the nine nominees.

Vietnam named best COVID-19 fighter globally by Politico

The US news website Politico has ranked Vietnam the best performer worldwide in the fight against COVID-19.

World-famous resilience keeps up M&A appetite

Although the current pandemic is spreading rapidly in many countries and causing severe damage to the global economy, Vietnam continues to effectively control the situation while ensuring that economic activities are not interrupted.

Vietnam in favourable position in new int’l economic order thanks to EVFTA: expert

Associate Professor, Dr. Chu Hoang Long from the Australian National University (ANU) on May 23 expressed his belief that the EU-Vietnam Free Trade Agreement (EVFTA), once effective, will boost two-way trade thanks to eased tax barriers.

Ethnic people strive to keep traditional craft alive

Zeng, the traditional art of brocade weaving, has long been a skill among the Ta Oi ethnic people in the mountainous district of A Luoi in Thua Thien-Hue province. 

Optimising the recovery route ahead for Vietnam as a whole

As the old saying goes, “What does not break you makes you stronger.” This is so true for Vietnam, not only throughout its rich history but also in the current context.

State-led approach expected to boost 5G deployment in Vietnam

5G appears to be high on the Vietnamese government’s priority list, with the earliest of services set to be commercialized in mid-2020 following trials conducted through 2019.

Vietnam in strong position to defend against external shocks: HSBC

With fewer concerns about currency and external stability, Vietnam’s central bank is likely to be more comfortable with delivering interest rate cuts to support growth.

Vietnam raises monthly taxable personal income threshold by 22%

With the new threshold in place, set to take effect from January 1, 2020 retrospectively, there would be more than 1 million people whose incomes are not taxable.

Decisive reforms needed for Vietnam to realize full benefits of EVFTA: WB

The EU-Vietnam trade deal is the largest new-generation free trade agreement in Vietnam’s history in terms of direct benefits.

Vietnamese businesses among top targets for phishing in Southeast Asia

Cybercriminals have actively attacked small and medium businesses (SMBs) in Southeast Asia this year, according to global cybersecurity company Kaspersky.

 

Book on President Ho Chi Minh’s stay in Thailand to be released in English

The book “President Ho Chi Minh, the Founder of Modern Vietnam – Thailand Relations,” which tells stories about his stay in Thailand, is set to be published in English in celebration of his 130th birthday (May 19, 1890 – 2020).

Total assets of banks in Vietnam stand at $522 billion

Total assets of credit institutions and foreign banks in Vietnam by the end of the first quarter of this year inched down 0.72 per cent to VND12.48 quadrillion (US$521.76 billion) compared with the end of last year.

 

Vietnam holds advantages as investors look beyond China: Experts

Vietnam holds a number of advantages against other countries at a time when investors are looking to exit China, according to experts.

Vietnam gov't mulls lowering 2020 GDP growth target to 4.5%

A lower GDP growth target is inevitable as the Covid-19 pandemic is wreaking havoc on the world economy, said Minister of Planning and Investment Nguyen Chi Dung.

Foreign investors call for greater flexibility in Vietnam's upcoming PPP law

A lack of a unified legal framework governing PPP is the main factor that Vietnam’s infrastructure sector growth potential is capped at 6.1% per year through 2029.