vietnam business news

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BUSINESS NEWS 8/7

VASEP: Viet Nam to gain growth in shrimp exports to EU

Different scenarios for Vietnam's CPI in 2019 outlined

Experts have outlined a number of different consumer price index (CPI) scenarios for this year, which are all below 4 per cent as requested by the National Assembly.

 

India opens investigation into steel imports from Vietnam

India’s Directorate General of Trade Remedies (DGTR) has initiated an investigation on potential anti-dumping duties against imported flat rolled stainless steel products from 15 countries and territories including Vietnam.

 

Foreign investors compete for Vinamilk shares

Since early 2018 to date, F&N Dairy Investment and Platinum Victory have been competing with each other for the acquisition of 1% of Vinamilk stake, but their respective moves have failed to materialize.

Vietnamese investors call it hard to join North-South Expressway construction

Few Vietnamese companies have participated in projects of VND4-5 trillion (US$172-US$215 million). This means there`s little chance for domestic investors.

The Dong re-appreciation: A predicted scenario

In recent days, the U.S. dollar/dong exchange rate has continuously declined on both the official and the free markets after a strong rise in April and May.

 

Banks announce impressive profits in first half of 2019

Domestic banks have unveiled positive business performance results in the first half of this year, with some new records being set.

New entrants smother Vietnam’s aviation market

The saturated aviation market has brought about the race to the bottom price war, driving the profitability of the core business of some domestic carriers down to nearly zero.

Demand for container shipments in Vietnam surges amid US-China trade war

The number of container equivalents of goods shipped in and out of Vietnam annually may reach 23 million by 2025, up 64% in 2019.

Vietnamese Generation Z seeks career mentoring on social media

Social media platforms have outpaced other channels including schools, friends and traditional media to become the leading source for job finding.

Phu Cat Airport to welcome first international flight

Phu Cat Airport in Binh Dinh Province is finishing preparations to serve its first international flight in September this year.

BUSINESS NEWS 7/7

Japanese firm acquires Vietnam’s digital advertising firm

 

BUSINESS NEWS 6/7

CPTPP opens up opportunities for agricultural products

 

Vietnam real estate market on steady foundations

Here are the opinions of local and foreign industry players on Vietnam's property market.

China receives nearly three-quarters of Vietnam’s vegetable, fruit exports

China remained Vietnam’s largest importer of vegetables and fruits, accounting for 72.6% of Vietnam’s total export revenue from these products in the first five months of this year.

 

Trade Ministry urges use of domestic steel given steep U.S. tariffs

The Ministry of Industry and Trade has called for steelmakers to switch to using domestic materials following the US’ announcement of steep duties on steel products from Vietnam that are originally made in South Korea and Taiwan.

 

Vietnam’s inflation to moderate to 2.7% in 2019: HSBC

After recording its slowest pace in more than three year last month, Viet Nam’s inflation is forecast to hit only 2.7 per cent in 2019 after standing at 3.5 per cent last year.

 

Big C pledges to resolve buying issue

Big C Vietnam has suspended local purchase of garments but insists it is only a temporary measure and will not pull out of the local apparel...

HCM City’s vibrant high-end food market

With improved living conditions, more and more people are looking for high quality and exquisite cuisine. The high-end food market of Ho Chi Minh City is getting hotter.

BUSINESS NEWS 5/7

Number of foreign visitors to Vietnam declines in June