vietnam economy

Update news vietnam economy

Bamboo Airways to sell shares to foreign investors

Economists are concerned that Bamboo Airways' sale of shares to foreigners could affect national security.

Dollar billionaires and hot competition in the banking sector in 2019

Two dollar billionaires in the banking sector emerged in 2019, which also witnessed competition that led to big changes in the economy.

Land prices escalate in some localities, ‘bogus’ projects break out

The real estate market was lackluster last year. The land fever in early 2019 was followed by a sharp decline in supply and the number of transactions.

Vietnam among the most attractive stock markets in 2019

Vietnam was still attractive to investors in 2019 despite global caution about US President Donald Trump’s policies.

Vietnam’s auto market sees price cuts in 2019 as competition heats up

2019 witnessed a fierce race among manufacturers and distributors to reduce prices to attract more buyers.

Vietnam real estate market faced difficult year in 2019

The market was quiet most of the time in 2019 though it witnessed many transactions in some segments in the first months of the year.

Ten important hallmarks of Vietnam’s stock market in 2019

The Vietnamese stock market has been growing rapidly with market capitalization value exceeding 100 percent of GDP.

Will Vietnam be sued if it restricts foreign investments in fintechs?

The State Bank of Vietnam (SBV) affirmed that regulations are in line with international commitments, which show Vietnam's management rights in the field of payment services.

Catfish exports fall, VN farmers and exporters suffer

Vietnam’s catfish exports have seen a sharp decline because of trade barriers and price fluctuations in the world market.

Lotte.vn shuts down as major players in e-commerce continue to dominate

Many combatants have become exhausted on the e-commerce battlefield as they have had to fight against competitors who have big money.

Can e-wallets make a profit in Vietnam?

More and more players have joined the e-wallet sector, but all of them understand that they cannot expect big profits at this moment.

Lack of capital, human resources, land impedes rice production

Vietnam is a major rice producer and exporter in the world, but Vietnamese farmers and companies cannot make fat profits.

Bond market boom worries authorities

Banks and enterprises have rushed to issue corporate bonds in 2019 with record high value and interest rates. The hot corporate bond market has raised concerns.

The strong rise of e-commerce mini-trading floors

Small e-commerce trading floors are going their own way to find their places in the market amid bigger players.

Vietnam banks thrive in 2019, profits exceed targets

2019 has been a good year for the banking sector. Most commercial banks performed well with profit results exceeding the targets set earlier in the year.

Vietnam car market still sluggish in year-end sale season

Despite sale promotion campaigns launched by manufacturers, the car market remained gloomy in the last months of the year.

What will Vinamilk do with the Moc Chau milk brand?

In early 2019, Vinamilk offered to buy shares of GTNFoods, the company which owns Moc Chau milk brand. In December 2019, Vinamilk completed the takeover deal.

Home appliance sector sees company withdrawals as competition increases

On December 18, Vingroup announced its withdrawal from the retail sector. Adayroi, the e-commerce website, will merge with inID, while VinPro, the home alliance distribution brand, will be dissolved.

E-commerce: are players getting worn out in the online race?

Successfully calling for capital from international investors, e-commerce firms are nevertheless taking losses.

Vietnam abandons night-time economic resources worth billions of dollars

Vietnam's night-time economic activities lack diversity and are small in scale, with a focus on food and night markets, or small pedestrian streets.