vietnam business news

Update news vietnam business news

Foreign investors keen on Vietnam’s fintech market: Banker

Many foreign investors are interested in investing in Vietnam’s fintech market that have huge growth potential, said Han Ngoc Vu, general director of VIB International Commercial Bank, at Fintech Summit 2019 held in Hanoi recently.

 

E-commerce logistics war looms in Vietnam

E-commerce firms not only are spending big money to run marketing campaigns to lure more customers, but are also expanding their warehouse networks and logistics services.

Japan delivers long-delayed consumption tax hike

Japan has increased its consumption tax for the first time in five years, bringing the long-delayed policy into effect despite concerns it may knock the economy.

 

Vietnam’s IT industry catches foreign investors’ attention

From growing e-commerce, online gaming, travel booking, and offline-to-online platforms such as ride-hailing and food delivery, Vietnam’s digital economy continues to thrive.

 

Vietnam’s economic growth poised to outperform Southeast Asia: ICAEW

While Vietnam’s economic growth is expected to ease to 6.7% in 2019, it is set to outperform the rest of Southeast Asia and remain the fastest growing economy in the region.

 

BUSINESS NEWS OCTOBER 1

Retail sales and service revenue hit roughly US$156.09 billion in nine months

 

Vietnam should promote local brands globally

VNS reporter Nguyen Minh Huong asks trade experts about the importance of branding in Vietnam during the announcement of the top 50 most valuable brands in the country.

Vietnam remains frontier market: FTSE Russell

Global provider of benchmarks, analytics and data solutions FTSE Russell last week kept Viet Nam on its watch list as a frontier market.

 

Vietnam's social-economic performance in first 9 months of 2019

Industrial production expanded 9.6% in January-September period this year, according to the General Statistics Office.

Vietnam enters home stretch in fight against dollarisation

From October 1 lenders including banks will not be allowed to provide medium- and long-term foreign currency loans to businesses to pay for imports.

Vietnam stocks to beat 1,000 points in Q4

Vietnam’s benchmark VN-Index could breach the 1,000 point mark in the last quarter of the year after the Q3 corporate earnings season and with investors shifting attention towards firms with hopes for full-year earnings growth.

 

Vietnam’s insurance sector catches foreign attention

The Vietnamese insurance market is heating up with many high-value bancassurance deals and mergers and acquisitions (M&A) unveiled recently.

 

Vietnam's GDP in first three quarters climbs to 9-year high

Local gross domestic product (GDP) climbed nearly 7 per cent in the first three quarters of 2019, reaching its highest level for the last nine years.

 

BUSINESS NEWS SEPTEMBER 30

Vietnam advised to take advantage of AI chances to bolster growth

 

Vietnamese IPs and Ezs attract $10b FDI in nine months

Industrial zones (IPs) and economic zones (EZs) attracted 397 foreign direct investment (FDI) projects with estimated registered capital of US$10.1 billion in the first nine months of this year.

 

Putting ODA to work

Vietnam is striving towards boosting the disbursement and use of ODA and concessional loans as both have become issues in recent times.

Changing global business climate strikes Vietnam firms

Changes in the global business environment, along with newly issued regulations and guidance on corporate income tax obligations, have been substantially affecting the operations of many businesses in Vietnam.

 

China no longer largest buyer of Vietnam rice

China’s rice imports from Vietnam plummeted during the first few months of 2019, pushing it off Vietnam’s top rice consumers list.

 

Insurance market heats up with series of great deals

A lot of high-value M&A deals carried out this month and announced for the time coming are making the insurance market more vibrant than ever.

 

Expert calls Vietnam’s shift to renewable energy indispensable

Vietnam should intensify efforts to develop renewable energy in an effort to participate in this indispensable worldwide trend, said Nguy Thi Khanh, director of the Green Innovation and Development Center.