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Update news vietnam economy
The wood industry is seeking new supply sources with legal origin certificates, aiming for sustainable development of the industry.
Some manufacturing enterprises are concerned about the possibility that goods will disappear from traditional distribution channels and will have to switch to online retail.
The BIDV’s sale of shares to South Korean investor, the technology upgrading race among banks and a series of moves taken by the central bank are the highlights of 2019.
The underdevelopment of infrastructure is believed to be the main reason hindering the aviation industry.
After the lending model collapsed in China, many P2P lenders flocked to Vietnam to seek opportunities in the country.
The number of capital contribution and share acquisition transactions conducted by Chinese enterprises in Vietnam in the January-November period of this year skyrocketed by more than 82% over the year-ago period.
2019 was a tough year fot the real estate market when many projects remained stagnant. However, the situation may be even more serious in 2020.
Vietnamese air carriers admit that it is not easy to attract passengers to fly non-stop between Vietnam and the US.
Many local banks have released impressive business results, with many of them being confident that their pretax profits would exceed their targets for 2019.
Aviation combined with tourism is not only the strategy being pursued by the three candidates queuing up for flight licenses, but also the purpose of existing airlines.
Opening laptop centers is one of the plans implemented by mobile phone retailers to restructure their business as their core field no longer brings satisfactory profit.
The market needs more cooperation among Vietnamese retailers amid the massive influx of foreign retailers, experts say.
Vietnam 57th globally in Total Workforce Index 2019
The door for Vietnam’s coffee to reach out to the world market has opened more widely for small and medium roasters.
Vietnam's most important hydropower reservoirs are lacking a total of 11 billion cubic meters of water compared to normal levels.
HCM City wants local businesses to create global brands
Moody's Investors Service on Thursday took rating actions against 18 banks in Việt Nam, following its confirmation of Việt Nam's Ba3 sovereign rating and change of the sovereign rating outlook to negative a day earlier.
The pepper industry is facing problems in quality and price. Deep processing and product diversification are expected to help solve the problems.
A series of problems are affecting Vietnam’s catfish industry, including a sharp fall in catfish material price and decrease in breeder quality. The industry has lost its monopoly. On the world market.
While some F&B brands in Vietnam have been forced out of business there are others that are prospering.