vietnam business news

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Vietnam named among countries with highest female labor-force participation rates

In terms of the gender of new business owners across 54 countries, Vietnam had the highest ratio of women to men: 1.14 to 1, according to the Global Entrepreneurship Monitor.

 

Vietnamese government to crack down on trade fraud

The Government will adopt stricter penalties to prevent foreign goods being exported to the other markets under Vietnamese labels to avoid tariffs.

 

Vietnam to be among world’s most dynamic markets by 2030

With an emerging market economy and continued strong growth, Vietnam is set to become one of the most dynamic markets in the world by 2030, according to Euromonitor International, a global market research company.

 

Overseas Vietnamese entrepreneurs join forces to do business in Vietnam

The first Overseas Vietnamese Economic Forum has presented a huge opportunity for both local and foreign businesses to collaborate and introduce products to the world.

Fitch Ratings: Vietnam succeeds in lowering public debt

The Vietnamese Government has succeeded in decreasing public debt from 53 percent of GDP in 2016 to 50.5 percent by the end of last year, according to Fitch Ratings.

 

Vietnam to removes daily transaction limit for e-wallet users

Following the removal of the limit, Vietnam’s central bank said it would only maintain the monthly limit of VND100 million (US$4,284) for each individual.

 

Over 10 of Vietnamese key farm produce sold abroad

More than 10 key agricultural products of Vietnam are being sold across 160 countries and territories worldwide.

BUSINESS NEWS 12/6

Is Minh Phu evading anti-dumping duties on shrimp from India?

 

Japanese capital inflow’s new trend

After five years of decline, Vietnam’s processing and manufacturing sector has begun to receive a substantial volume of investment capital from Japanese enterprises.

Taking advantage of Vietnam's energy potential

Vietnam’s increasing demand for energy, and the country’s large opportunities in wind energy, has caused many investors to turn their attention to Vietnam over the past few years.

 

Quality office space vital in retaining talent

In addition to an attractive salary and welfare benefits, working environment and space play a key role in attracting talent as well as improving work efficiency.

Construction Ministry’s statistics on real estate inventories incorrect: HoREA

The Ministry of Construction's statistics on the total real estate inventory value is incorrect as the inventories of many property enterprises are not fully taken into account, according to the HCMC Real Estate Association (HoREA).

 

Venture funds pledge US$425m for Vietnamese startups

As many as 18 domestic and foreign venture funds attending the Vietnam Venture Summit 2019, which opened in Hanoi yesterday, have committed a total of US$425 million for Vietnamese startups over the next three years.

 

Vietnam the market to watch in Southeast Asia

A new report launched by the Global Wind Energy Council (GWEC) has outlined Vietnam’s role as a major driver in the sector for the entire region over the next few years.

Former BMW dealership boss gets 9 years in jail for car smuggling

Nguyen Dang Thao, 45, former general director of HCMC-based Euro Auto, was given nine years behind bars for falsifying the prices of 91 BMW cars in import documents, evading US$275,000 in import tariffs.

 

Mitsui raises Vietnam's Minh Phu Seafood stake to 35 percent

MPM Investments Pte Ltd, a subsidiary of Japan’s Mitsui & Co Ltd, has acquired 60 million shares in Minh Phu Seafood Joint Stock Company (MPC) to raise its stake in the Vietnamese shrimp processor to 35.1 percent.

 

Vietnam becomes second largest exporter of lychees

Vietnam has become the second largest exporter of lychees in the world, accounting for 19 percent of the global market share, according to the International Society for Horticultural Science (ISHS).

 

Public debt within permissible limit: VN Finance Ministry

All public debt indicators were under strict control and fell within the permissible limits set by the National Assembly’s Resolutions as of the end of 2018, according to the Finance Ministry.

 

Vingroup builds another smartphone factory

Vietnam’s real estate-tech-retail giant Vingroup started construction on its smart phone factory - the second of its kind - in Hanoi on June 10.

 

HCM City real estate market set for recovery

The HCM City housing market is expected to recover again after being flat for over one year with support from the local government.