vietnam economy

Update news vietnam economy

Vietnam Airlines - Air France joint venture carry over 600,000 passengers

The joint-venture between the national flag carrier Vietnam Airlines and Air France (AF) carried nearly 625,000 passengers during 2018 and nine months of 2019, which is expected to surpass 711,000 later this year.

Mysterious investor wants to buy Mon Hue restaurant chain

A woman who introduced herself as an investor of Huy Viet Nam, the company that owns Mon Hue restaurant chain, wants to buy Mon Hue to revive the unprofitable chain.

VN steel manufacturers face difficulties as prices drop and inventories rise

According to the Vietnam Steel Association (VSA), in the first nine months of 2019, domestic steel output reached 18.83 million tons, an increase of 6.7 percent compared with the same period last year.

More airlines join market, Vietnam need more flight supervisors

With more airlines joining the market and airlines’ fleets expanding, there are concerns that there will not be enough flight supervisors.

Illegally-imported sugar products threaten Vietnamese firms

Illegally-imported sugar products have seriously affected the Vietnamese sugar sector which is facing numerous challenges.

 

To develop Vietnam's supporting industries

The supporting industries are having fresh opportunities amid the inflow of foreign capital and orders into Vietnam. However, local enterprises have to overcome multiple challenges to be able to take advantage of such opportunities.

Railway projects proceed slowly, Transport Ministry goes ahead with new projects

Urban railway projects have been proceeding slowly and investment capital has become many times higher than initially estimated.

Vietnam among top 10 investors in Cambodia

Vietnam was among the top ten investors in Cambodia as of 2018, with US$3 billion registered in more than 200 projects, according to data released at a press briefing yesterday in Can Tho City.

Vietnam customs permits firm to handle huge aluminum stockpile

The General Department of Vietnam Customs said some 1.8 million tons of Chinese aluminum remains in possession of the importer, who can sell the product in Vietnam and pay all tax obligations.

Tackling labor shortage

The EU-Vietnam Free Trade Agreement (EVFTA) is poised to help Vietnam both create more job opportunities and improve the quality of her labor force. However, the road ahead is really tough.

EVFTA to bring Vietnamese logistics firms both opportunities and challenges

Vietnamese logistics companies need to improve their competitiveness to stay afloat when the EU-Vietnam Free Trade Agreement (EVFTA) comes into effect, according to experts.

Great opportunities are expected for Vietnamese supporting industries

Analysts say Vietnam’s supporting industries are seeing new opportunities as orders have increased and the capital continues to flow into Vietnam.

Vietnamese dairy brands go abroad as foreign brands arrive in VN

More and more foreign dairy producers have arrived in Vietnam as they can see the great potential of the market.

E-wallets still competing for slice of the payment pie

Ewallets are still not reporting profits, though they have been making heavy investments in their businesses.

Vietnam strives to boost exports to ASEAN

Though ASEAN is an open market for Vietnam, it has not been easy to export products to the large market.

Foreign capital pouring into Vietnam: an opportunity or a challenge?

The foreign capital inflow into Vietnam through M&As soared in the first nine months of the year, raising concerns about an economic crisis like the one that occurred 10 years ago.

VIETNAM BUSINESS NEWS HEADLINES NOVEMBER 2

Vietnam-Cambodia business forum slated for December

Vietnam export growth brings risk of charge of currency manipulation

Increasing exports to the US, Vietnam is a step closer to the risk of alleged monetary manipulation as US President Trump tries to reach a trade agreement with China at a negotiation round this October.

Will Vietnam’s automobiles have to compete with cars from Laos and Cambodia?

Experts believe that in the immediate time, Laos and Cambodia will not be rivals on the same par with Vietnam.

What do Vietnamese business people think about proposals on working hours?

National Assembly Deputies spent the whole day on October 23 discussing the draft of the Labor Code.