vietnam economy

Update news vietnam economy

Wood industry seeks more material suppliers

The wood industry is seeking new supply sources with legal origin certificates, aiming for sustainable development of the industry.

E-commerce threatens traditional markets, supermarkets in Vietnam

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 picture of Vietnam's banking sector in 2019

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.

Outdated policy makes it impossible to upgrade aviation infrastructure

The underdevelopment of infrastructure is believed to be the main reason hindering the aviation industry.

Chinese P2P lenders flock to Vietnam

After the lending model collapsed in China, many P2P lenders flocked to Vietnam to seek opportunities in the country.

Chinese M&A deals in Vietnam surge

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.

 

Vietnam's real estate market may suffer decline in 2020

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.

Will non-stop flights to the US be profitable?

Vietnamese air carriers admit that it is not easy to attract passengers to fly non-stop between Vietnam and the US.

Banks report handsome profits

Many local banks have released impressive business results, with many of them being confident that their pretax profits would exceed their targets for 2019.

 

Airline tourism model booming in Vietnam

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.

Mobile phone market cools, distributors shift to laptops

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.

Vietnamese billionaires join hands to develop domestic retail network

The market needs more cooperation among Vietnamese retailers amid the massive influx of foreign retailers, experts say.

BUSINESS NEWS HEADLINES DECEMBER 22

Vietnam 57th globally in Total Workforce Index 2019

 

Vietnam’s coffee better known in world market

The door for Vietnam’s coffee to reach out to the world market has opened more widely for small and medium roasters.

Rivers, reservoirs near depletion, electricity shortage anticipated

Vietnam's most important hydropower reservoirs are lacking a total of 11 billion cubic meters of water compared to normal levels.

BUSINESS NEWS HEADLINES DECEMBER 21

HCM City wants local businesses to create global brands

 

Moody's takes rating actions on 18 Vietnamese banks

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.

Price falls challenge VN pepper growers

The pepper industry is facing problems in quality and price. Deep processing and product diversification are expected to help solve the problems.

Vietnam’s catfish industry loses clout, suffers lower prices in 2019

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.

Hot competition in F&B

While some F&B brands in Vietnam have been forced out of business there are others that are prospering.