vietnam economy

Update news vietnam economy

More open policies to attract foreign capital into Vietnam’s securities market

Though the current legal regulations allow foreign investors to fully own a local firm, the investors still face hindrances to pour funds into some conditional business lines.

 

Tight squeeze as new airlines set to take off in Vietnam

With more airlines planning to take flight in 2020, the room for profit-making is expected to narrow in the burgeoning aviation market, triggering doubts over the possibility of achieving success among newcomers.

Vietnam posts growth amid global slowdown

Despite the global economic slowdown, Vietnam still recorded positive growth in January-October this year, said Prime Minister Nguyen Xuan Phuc at a regular Cabinet meeting on November 5.

 

HSBC confirms Vietnam’s positive outlook

Buoyed by a strong economy and excited by their international prospects, Vietnamese businesses are anticipating a bright future, according to the latest “HSBC Navigator: Now, Next and How” report.

 

Vietnam's express-delivery providers compete in growing market

Express delivery service providers have announced bigger investments in apps and technologies to give better experiences to customers.

Vietnam adopts EU recommendations to combat IUU fishing

Vietnam had taken concrete steps in the fight against illegal, unreported and unregulated fishing (IUU) based on the European Council's (EC) recommendations, said Deputy Minister of Agriculture and Rural Development Phung Duc Tien.

 

Vietnam’s state firms trail behind in digitalization process

From the state firms’ perspective with the priority of ensuring no loss to state capital, investments in innovation pose high risks due to its uncertain nature, which could translate into successes into the long term or not.

How Vietnamese consumers are changing diet?

Vietnamese consumers are shifting towards healthier lifestyles which include eating and drinking habits.

Uneven path forecast for VN economy next year: expert

Vietnam’s economy has recorded notable achievements year to date. However, maintaining the country’s economic growth momentum may be challenging next year, according to economic expert Vo Tri Thanh.

 

Some VND17 trillion in public investment awaiting disbursal

The Ministry of Transport disbursed VND9.4 trillion for transport projects during the year to October, equivalent to 35.7% of the full-year target, while the remaining VND16.9 trillion has yet to be disbursed.

 

UNIQLO to launch first store in Vietnam on December 6

UNIQLO, the Japanese global apparel retailer, today officially announced its launching date in Vietnam. The brand’s first store, UNIQLO Dong Khoi, will open on December 6 in Ho Chi Minh City.

Pham Thai Lai named Siemens ASEAN’s new CEO

Siemens has appointed Pham Thai Lai as the new CEO of Siemens ASEAN and Singapore, effective from November 1.

Vietnamese chicken farmers incur big losses due to oversupply

Vietnamese chicken farmers are facing big losses as prices have sharply fallen due to rising supply.

Cross-border e-commerce serves as channel to boost Vietnam's exports

The Internet boom, a young labor force and the strong development of e-commerce all help Vietnamese businesses access foreign markets, especially now that many next-generation FTAs have been signed.

Credit is major ‘rice pot’ for Vietnamese banks

Credit has been growing steadily in the last nine months, helping commercial banks make fat profits.

Water supply market continues to attract investors

Domestic and foreign investors are channeling more funds to the local water supply as water prices continue to rise.

 

Vietnam's private sector positioned for prosperity

Ongoing assistance will see Vietnam's private sector truly become a driver of economic growth, stakeholders said.

Vietnam’s booming aviation sector expected to become more competitive

Thien Minh Group has announced that its Kite Air will launch in the first quarter of 2020 with six aircraft and investment capital of VND5.5 trillion.

Vietnam energy prospects 2019 announced

A report on Vietnam energy prospects was announced by the Ministry of Industry and Trade (MOIT) in collaboration with the Danish Ministry of Energy, Utilities and Climate.

Vietnam's industrial real estate sector heats up

The development of the industrial real estate market will have a positive impact on other market segments such as houses and offices for rent.