vietnam business news

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Vietnamese chicken farmers incur big losses due to oversupply

Vietnamese chicken farmers are facing big losses as prices have sharply fallen due to rising supply.

Vietnam's private sector positioned for prosperity

Ongoing assistance will see Vietnam's private sector truly become a driver of economic growth, stakeholders said.

Accelerating relentless equitisation

The Vietnamese government has made the latest bold move in a bid to further accelerate the long-lasting equitisation of state-owned enterprises. 

Vietnam energy prospects 2019 announced

A report on Vietnam energy prospects was announced by the Ministry of Industry and Trade (MOIT) in collaboration with the Danish Ministry of Energy, Utilities and Climate.

Vietnam's industrial real estate sector heats up

The development of the industrial real estate market will have a positive impact on other market segments such as houses and offices for rent.

To develop Vietnam's supporting industries

The supporting industries are having fresh opportunities amid the inflow of foreign capital and orders into Vietnam. However, local enterprises have to overcome multiple challenges to be able to take advantage of such opportunities.

Railway projects proceed slowly, Transport Ministry goes ahead with new projects

Urban railway projects have been proceeding slowly and investment capital has become many times higher than initially estimated.

VIETNAM BUSINESS NEWS HEADLINES NOVEMBER 2

Vietnam-Cambodia business forum slated for December

Property group FLC cancels share issuance

Property developer FLC Group has cancelled the issuance of 300 million shares for current shareholders.

 

VIETNAM BUSINESS NEWS HEADLINES NOVEMBER 1

Taiwan emerges as largest consumer of Vietnamese shrimp

 

Vietnamese agricultural products aim to join global value chain

Deputy Minister of Agriculture Ha Cong Tuan talks to Năng Lượng Mới (New Energy) newspaper about the strengths and weaknesses of Vietnamese agricultural products.

ADB calls for modern marketing infrastructure in Vietnam

Experts at the Asian Development Bank have suggested a number of short- and long-term measures to improve agricultural wholesale markets in Vietnam, and thus help develop more efficient production and marketing systems.

Chinese investment up while FDI approvals for Japan and S.Korea down

Signs of a slowdown in FDI have been recorded from two key markets, Japan and South Korea, though spikes have been seen from China despite projections that Vietnam would benefit from the Sino-U.S. trade war.

Local content in cars woefully low

The automobile manufacturing and assembly industry has grown significantly over the past two years, but the ratio of local content in domestically assembled cars with up to nine seats is very low, ranging from 7% to 10%.

Gojek, Grab seek to expand services in Vietnam

Ride-hailing firms Grab and GoViet, a subsidiary of Indonesia's Gojek, have taken turns to announce plans to pump additional funding into expanding their services in Vietnam to win more riders in this fast growing market.

Import licences to be granted online from November 1

Companies will be able to apply for import licences online from November 1 this year, according to the Ministry of Industry and Trade (MIT)’s Foreign Trade Agency.

VIETNAM BUSINESS NEWS HEADLINES OCTOBER 31

Vietnam posts US$7 billion trade surplus in 10 months

Pressures from aging people may lead UNIQLO targeting Vietnam

The increasing number of elderly and the shrinking young population of Japan may be the main reasons pushing UNIQLO to other markets, including Vietnam.

Six Asian investors are filing a lawsuit against Huy Vietnam

Six Asia-based investors of Huy Vietnam are filing a lawsuit against founder Huy Nhat for suddenly closing the Mon Hue restaurant chain.

Vietnam's forex rate forecast to remain stable till year-end

The VND was expected to remain broadly stable against the USD over the remainder of 2019 and to be slightly weaker on average over 2020, buoyed by robust FDI inflows, dollar purchases by businesses, and a healthy foreign reserve position.