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Total premiums collected by insurance companies in Vietnam in the first four months of 2019 reached VND44.3 trillion (US$1.89 billion), up 17% year-on-year, according to the Ministry of Finance (MoF).
Transaction limits for e-wallets should be set at appropriate levels to encourage cashless payment amidst an anticipated boom of e-commerce in Vietnam, experts have said.
Over the last two months, Chinese traders have only bought durians stamped with codes of origin traceability.
Real estate was the most attractive sector for foreign direct investment (FDI) in Ho Chi Minh City in the first four months of the year with 164.58 million USD, or 46.8 percent of total FDI.
Vietnam is predicted to join an exclusive list of economies expected to sustain growth rate of around 7% during 2020s, translating into a 4-fold increase in the country’s capital income from US$2,500 in 2018 to US$10,400 by 2030.
Credit growth was at a slower pace during the first quarter of this year, signaling the economy’s falling reliance on credit yet hampering the overall performance of commercial banks.
No new credit from Japan was committed for Vietnam in fiscal year 2018 due to Vietnamese policies on public debt limits and delay in administrative procedures.
Loc Troi Group and Tan Vuong Food Joint Stock Company will export 84,000 tonnes of rice per year to China.
A stronger focus on the quality of the foreign investment inflow is even more urgent when its links with and the spillover effects on domestic industry fall short of expectations.
A fifth of all Vietnamese enterprises do not have access to financial loans, according to the Viet Nam Chamber of Commerce and Industry (VCCI).
The first Overseas Vietnamese Economic Forum (OVECOF) will take place at Songdo Covensia Convention Center in Incheon, the Republic of Korea (RoK) from June 6-9.
Whenever information on infrastructures of a town gets leaked, even as a mere proposal of the government, real estate prices of that area would immediately go up.
Shopee's mobile app leading the way in Vietnam according to report from iPrice Group and App Annie Intelligence.
A pending project on national digital transition aims for the digital industry to contribute 25 percent of Vietnam’s GDP by 2025 and for the country to be placed fourth among ASEAN member states in terms of national digital ranking.
Vietnam’s car rental market has posted fast growth over the past years and would evolve in similar pace in the near future following the higher per capita income.
The credit rating agency Fitch Ratings has revised Vietnam’s Outlook from ‘stable’ to ‘positive’ and affirmed Vietnam’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BB’, the Vietnam’s Ministry of Finance said.
ASEAN has emerged as the fourth biggest importer of Vietnamese tra fish (pangasius) after the US, China and the EU, according to the Viet Nam Association of Seafood Exporters and Producers (VASEP).
Digital transformation is regarded as a priority for the country in the age of the Fourth Industrial Revolution, but on the path to realizing such a goal, there are lots of impediments and hiccups.
The Vietnam’s stock market started May with several negative signals, prompting investors to concern that the phenomenon ‘sell in May and go away’ will recur.