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Update news vietnam economy
Once the first and the largest distributor of home appliances, Nguyen Kim has lost its market share as its rival expanded too rapidly.
Pilot scheme for ride-hailing services to officially stop on April 1
The investment capital poured into Vietnam’s fintechs in 2019 accounted for 36 percent of total capital into Southeast Asia. The figure was zero percent in 2018.
Imports and exports of farm produce, especially fruit, to China in the next six to eight months will not be as high as in January 2019.
Samsung is believed to have great advantages over its rivals as its production base is in Vietnam, not in China, where the Covid-2019 has forced a series of factories to close down.
The Military Commercial Joint Stock Bank (MB Bank) is seeking a potential investor to sell an additional 211.35 million shares in a private deal.
Vietnam could export asparagus to Australia this month, according to the Viet Nam Trade Office in Australia.
The Government has asked the Ministry of Planning and Investment to build a project on developing large-scale State-owned enterprises (SOEs) to promote their role in the country’s socio-economic development.
A handy infographic of the most important figures from the Vietnamese green building market.
Investment funds had poured $410 million into Vietnam’s fintechs as of the end of September 2019, according to a report of PricewaterhouseCoopers, United Overseas Bank and Singaporean Fintech Association.
Amid the current coronavirus epidemic, the fast-moving consumer goods and e-commerce sectors have experienced a tumultuous period.
The few e-commerce players which survive the stiff competition in the market are all backed by big foreign firms in the region.
The coronavirus epidemic has sent many of the economic activities into a tailspin.
Many private investors say they want to develop railway projects but have given up because of certain policies.
Real estate experts believe that the condotel growth will not depend on state agencies but on investors.
There are always opportunities in misfortunes, according to Huynh Minh Tuan, brokerage director of Mirae Asset Vietnam.
The outbreak of the novel coronavirus has severely hurt Vietnam Airlines, with 40% of its aircraft lying idle, senior executives’ salaries being cut by 40% and some representative offices being closed, stated general director Duong Tri Thanh.