vietnam economy

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VIETNAM BUSINESS NEWS HEADLINES OCTOBER 29

Agro-forestry-aquatic exports hit over US$33 billion in ten months

Vietnamese finance market braced for remarkable EVFTA impacts

The EU has a strong financial services market and the EVFTA will have a significant impact on the Vietnamese economy and finance market.

Vietnam imposes anti-dumping duties on colour-coated steel products of RoK and China

The Vietnamese Ministry of Industry and Trade (MoIT) has decided to apply anti-dumping duties on some colour-coated steel products originating from the Republic of Korea (RoK) and China in the Vietnamese market.

Vietnam’s FDI inflow up in 10 months

Vietnam attracted US$29.11 billion in foreign direct investment (FDI) in the first ten months of 2019, up 4.3 per cent over the same period last year, the Ministry of Planning and Investment’s Foreign Investment Agency said on Monday.

 

Chinese port wants to invest in logistics, open a line to Vung Ang port

Chinese Xiamen Port Group met with Ha Tinh Province’s People's Committee recently to explore opening a container line between Vung Ang and Xiamen ports as well as invest in local logistics.

 

Public debt continues with downward trend, Gov’t report shows

Vietnam’s public debt will fall to 56.1% of GDP by the end of 2019 from 58.4% last year, according to the Government’s latest report.

Vietnamese succeed in business in Laos

Many Vietnamese are conducting business in Laos.

Change of direction for VN solar industry

The country’s feed-in tariff has supported a boom for Vietnam’s solar sector, but now the Ministry of Industry and Trade proposes a rate reduction in order avoid solar projects becoming a victim of their own success.

Framework mooted for stock listing

The Politburo recently issued a resolution paving the way for favourable conditions to attract and choose high-quality foreign direct investment into Vietnam. 

Race to seize Vietnamese smart lighting market

Elements are converging to make Vietnam a potential smart lighting market as light-emitting diodes (LED) are replacing traditional light appliances.

Can Vietnam absorb increased FDI capital flow?

The investment capital keeps flowing to Vietnam, bringing concerns about the country's capability to absorb such a high level of capital resources.

Multinational drug traders cracking heads over stringent local regulations

Although having import licenses in hands, the road for multi-national corporations to trade drugs in Vietnam remains tough because of legal limitations.

Many Vietnamese fashion brands sinking into oblivion

Global Fashion Co. Ltd., owner of the brand Vascara, has sold most of its shares to a Japanese partner. 

Vietnam is moving forward on global scale

Vietnam has made it among the 45 largest economies on the globe thanks to tremendous achievements in socio-economic development.

Further alterations sought by investors after draft law talks

Despite a range of improvements, the latest draft amendments to the Law on Investment 2014 retains several concerns among both domestic and overseas investors, who are urging for further changes ahead. 

VIETNAM BUSINESS NEWS HEADLINES OCTOBER 28

In-house Lawyers Congress 2019 to open in Hanoi in November

 

Devising strategies for a global financial centre

In the context of many nations developing their international financial centres, Vietnam may also begin to follow suit.  

Vietnam Airlines opens HCM City-Bali route

The national flag carrier Vietnam Airlines opened a new route linking HCM City and Bali, Indonesia via Tan Son Nhat and Ngurah Rai airports on Sunday.

P2P loans finding favor

Peer-to-peer lending fills a critical gap in Vietnam's financial landscape but full regulation is lacking.

Multi-billion dollar capital flows to e-commerce in Vietnam

The multi-billion dollar capital flow which went to India and helped the country build decacorns (startups with value of over $10 billion) and unicorns (over $1 billion) in e-commerce, is now heading for Vietnam.