- © Copyright of Vietnamnet Global.
- Tel: 024 3772 7988 Fax: (024) 37722734
- Email: evnn@vietnamnet.vn
Update news vietnam economy
The US on February 10 announced the decision to remove Vietnam from the list of developing countries.
If Tiki and Sendo successfully carry out the merger, the Vietnamese e-commerce market will be the playing field for three major players. Two of them, Lazada and Shopee, are foreign invested.
There is cause for optimism among business leaders in Vietnam and beyond in terms of foreign direct investment flows in 2020, with geopolitical and health factors leading to companies to formulate a plan B for operations.
Some retailers have reportedto the Ministry of Industry and Trade (MOIT) that there is no more farm produce to rescue. But farmers still complain that their farm produce remains unsalable.
Sugar stocks on the rise thank to global rising prices
The State Bank of Vietnam (SBV) plans to set no limit on foreign ownership in fintechs.
As Vietnam is estimated to need an average of US$210 billion for infrastructure per year through 2030 to meet its development targets, an ADB expert suggested the country should adopt new approaches to get the huge capital.
The Decree 100 which imposes heavy fines on drunk drivers as well as the fears amid Covid-2019 have affected the brewing industry.
Supermarkets all report that the number of clients buying goods online and via phones has increased sharply by 4-5 times amid the coronavirus (Covid-19) crisis.
Vietnam to enhance agriculture risk management capacity
All airlines in Vietnam, except Vasco, which flies on short-distance routes, are regularly updating information about their activities and sale promotion programs to attract passengers.
The Vietnam Railways Corporation (VNR) may have to stop running trains because of the lack of a policy to allocate money for train maintenance.
Vietnam's reliance on Chinese materials has been clearly exposed during the Covid-2019 crisis, as imports from China have declined.
Vietnamese fashion brands are feeling the heat as more and more foreign brands have arrived.
To minimize risks as the real estate market has decelerated, investors have been told not to pour all their money into one project.
VND92 trillion is the amount of money that four state-owned banks, or the ‘big four’, have paid to the state budget since 2014.
The granting of ‘red books’, or land-use rights certificates, to condotels has been described as good news for the condotel market. But it’s too early to say if investors will come back.
Most businesses are not setting high business targets this year because of uncertainties and the unpredictable Covid-2019 epidemic.