vietnam business news

Update news vietnam business news

Foreign property investment heading ever upwards

Record levels of foreign investment are now being poured into Vietnam's property sector.

Richest and brightest flock to Vietnam

Over the past 25 years, American investors have increased their involvement in Vietnam’s financial sector, a trend expected to continue as the country deepens its capital market and young startups look for funding and guidance.

New Da Nang-Kaohsiung direct flight to launch

Low-cost carrier Jetstar Pacific will launch three direct flights a week between the central city of Da Nang and Kaohsiung, Taiwan from August 10.

Government asks for tight control over corporate bond issuance

Deputy Prime Minister Vuong Dinh Hue has asked for tight control of corporate bond issuance so the finance and equity sectors operate properly and safely.

Potential risks for Vietnam's exports to U.S.

Vietnam’s exports to the United States have recently soared, bringing about opportunities to both gain more market shares in the states and potential risks.

 

Upscale hotels see room rates increase

Five-star hotels in the country increased room rates by 4.1 per cent last year while four-star hotels dropped theirs by 2.3 per cent, according to the Vietnam Hotel Survey released on Thursday by Grant Thornton.

 

More than 723,000 firms in Vietnam using e-tax declaration services

As of June 20, Vietnam had 723,667 businesses using e-tax declaration services, 99.8 per cent of total operating firms, according to the General Department of Taxation.

 

BUSINESS NEWS 15/7

VN labour market records positive figures in six months

 

VN garment and footwear firms will have to wait for EVFTA benefits

Textile, garment and footwear products made in Vietnam will not enjoy immediate tariff cuts after the EU-Viet Nam Free Trade Agreement (EVFTA) comes into effect.

Vietnam coffee exports plummet as robusta prices fall

Vietnam’s coffee exports dropped by around 20 per cent in the first half of the year.

 

VN government works to improve business climate

A number of business conditions have been reduced or removed thanks to the Government’s efforts in improving the business environment and increasing national competitiveness.

 

Recruitment demand for senior positions growing in Vietnam

The human resources industry in Vietnam is developing strongly, fuelled by multinational companies’ growing demand for expanding and setting up their production chains in the country, according to Adecco Vietnam.

 

Hanoi's programme on key industrial production eyes FDI firms

Hanoi’s Department of Industry and Trade expects foreign direct investment (FDI) firms will team up to develop key industrial products to benefit socio-economic development.

 

Preliminary bidding selects 51 investors for North-South Expressway

Fifty-one investors have been selected in the preliminary bidding for seven public-private partnership (PPP) projects for the North-South Expressway.

 

Credit institutions warned about P2P lending

The State Bank of Vietnam (SBV) has warned Vietnamese credit institutions and foreign banks in the country to be cautious before working with peer-to-peer (P2P) lending companies as there are many risks related to the service.

 

Vietnam plans to become leading digital economy in ASEAN by 2030

Vietnam will become a leading digital country and economy in the ASEAN region by 2030 and allow testing of new technologies in the digital economy.

 

Vietnam boosts production of specialty coffee

Vietnam is boosting the growing of specialty coffee in an effort to raise coffee quality and the country’s coffee export value.

 

Vietnam’s economy forecast to grow 6.96% in 2019: think tank

The growth forecast for Vietnam’s economy in 2019 has been upgraded to 6.96% from an earlier estimate of 6.56-6.81% by the Vietnam Institute for Economic and Policy Research (VEPR).

 

South Korea to help improve Vietnamese rice quality

South Korea will provide 5 billion won (USD4.5 million) to help improve the rice quality in Vietnam’s Red River delta region.

Unplanned Thai jackfruit farming pose risks

The Department of Crop Production has warned farmers about possible risks when growing Thai jackfruits without planning.