vietnam economy

Update news vietnam economy

BUSINESS NEWS HEADLINES DECEMBER 6

Tra fish exports to Russia slump

 

Cheap Thai cars land in Vietnam, Chinese imports stop suddenly

Cars from Thailand led the market in the first 10 months of 2019, while fewer Chinese products have been imported because of the controversy about China's map with nine dash line.

New battle in TV market begins

A series of new brands have appeared which have created a busy TV market again after a period of quiet.

An enterprise law fit for the next 20 years

The Law on Enterprises is seeking to open up business prospects for companies wishing to get involved in Vietnam’s future growth, ironing out limitations along the way. 

SOE concept a focus of law discussion

Varying comments continue to hit the draft amendments to the Law on Enterprises 2014 and the Law on Investment 2014, with further revisions cited for state holding in state-owned enterprises garnering heightened attention among investors.

Earnings from coffee, pepper are modest because of poor branding

Vietnam is one of the biggest coffee and pepper exporters in the world, but the money it earns is modest.

Coal export quota for the year not reached

Coal miners are allowed to export 2 million tons of coal, but they have not used up the yearly quota.

What do foreign investors worry about when investing in VN infrastructure projects?

There are three problems which may make foreign investors shrink when considering investment in transport infrastructure projects in Vietnam.

The hard lot of Vietnam’s rice

Vietnam’s rice export price is always low compared with other countries because consumer confidence in Vietnam’s rice quality is not high, experts say.

Vietnam's catfish export price drops

The catfish price has been decreasing sharply this year after two years of staying at high levels.

BUSINESS NEWS HEADLINES DEC. 4

Over 1.12 billion USD mobilised from G-bond auctions on HNX

 

Vietnam Airlines seeks to buy 50 narrow-body jets

Vietnam Airlines is seeking the go-ahead from the Ministry of Transport to purchase 50 narrow-body aircraft between 2021 and 2025 in a bid to secure a 55% share of the domestic air passenger transportation market and updating its existing fleet.

Knowledge mismatch hinders IT in agriculture

An ongoing issue in the digitalization of the agriculture sector is that IT workers know little about farming and farmers know little about IT.

Will zero-VND banks be audited?

Contributing their ideas to the 2020 auditing plan, National Assembly deputies said it is necessary to audit the three zero-dong banks to discover their real financial situation.

What does a $9 billion trade surplus mean for Vietnam?

The $9 billion trade surplus helps improve the foreign currency supply and consolidate the current account, but the amount is not entirely praiseworthy in the context of trade war.

Energy industry deepens sustainability footprint

The Vietnamese government has enacted long-term development orientations and a strategy for the power sector, including energy efficiency measures to ensure national energy security. 

Vinfast subsidizes VND300 million for every car sold

VinFast, the automobile manufacturer belonging to Vingroup, said it is selling cars at a loss.

Vietnam needs ‘FDI filter’ for woodwork industry

The US-China trade war has led toChinese wooden furniture manufacturers moving production to Vietnam, bringing risks to the domestic woodwork industry.

Vietnam attracts foreign fast-fashion brands

Zara’s revenue reached VND1.7 trillion in 2018, six times higher than 2016 thanks to the Vietnamese people’s preference for fast fashion styles.

Investors willing to spend billions of USD to build airports in Vietnam

The door has still not opened widely to private investors who want to develop airports.