vietnam economy

Update news vietnam economy

Surge in foreign investment through M&As raises concern

Foreign investment pledged to Vietnam in the January-September period this year through capital contributions and stake acquisitions rocketed by 82.3% year-on-year, raising concerns over an economic crisis ten years ago making a comeback.

Vietnam may increase imports from China to ease electricity shortage

In the context of a serious electricity shortage, importing electricity from China is unavoidable.

Vietnam makes list of top three investors in Cambodia

Foreign investment in Cambodia has increased rapidly over the past years and Vietnam is among thethree largest investors in the country.

Outdated policies deter Vietnam’s sharing economy development

It is necessary to identify, implement and build management models for sharing economy applications in the country’s major sectors such as banking and transport.

VIETNAM BUSINESS NEWS OCTOBER 18

Companies issue $7.7b worth of bonds in nine months

Amazon launches local team to support Vietnamese enterprises go global

The launch of Amazon Global Selling team in Vietnam continues to solidify its efforts in supporting the local business community, said Amazon’s Regional Director for Southeast Asia Bernard Tay.

Foreign and Vietnamese banks in hot race

With great advantages being held by foreign banks, Vietnamese banks find it difficult to compete.

High apparel outsourcing fees put pressure on Vietnamese exports

The recent hike in the Vietnamese dong’s value, due to U.S.-China trade tensions, has driven up the outsourcing fees of goods, mainly in the textile and garment industry. 

Hundreds of fruit trucks jam northern border gate

As many as 500 container trucks loaded with thousands of tons of farm produce, mostly dragon fruit, have been stuck at the border gate of Tan Thanh in Lang Son Province since October 15.

Vietnam's economy in good health, economists are cautiously optimistic

Though they are optimistic about the economic performance in the first nine months of the year, economists still warn that in the long term,m Vietnam’s economy may be influenced by a global recession.

Worker exodus worries Binh Duong Province, Japanese companies

More welfare policies are needed to attract workers to the southern province of Binh Duong and persuade them to stay.

Consistent policies key to draw foreign investment into Vietnam: officials

European and American investors were concerned by the lack of rigid policies on corporate transparency and intellectual protection.

Vietnam Business Summit 2019 opens in Hanoi

The Vietnam Business Summit 2019 (VBS 2019), one of Vietnam’s biggest international business-related events, opened in Hanoi today.

Vietnamese SOEs must reform and invest in technology

State-owned enterprises (SOE) must strive to reform and become innovation centres in today's modern economy.

Vietnam urged to respond to Moody’s review to downgrade rating

For Vietnam, the issue is not the lack of money to pay debt, but the inefficient coordination among government agencies, a point that Vietnam must improve on.

Vietnam’s yarn industry under pressure from US – China trade war

Vietnam`s yarn export turnover only rose slightly by 3% year-on-year compared to the growth rate of 14% in the same period last year.

VIETNAM BUSINESS NEWS HEADLINES OCTOBER 17

Yellow card pushes seafood industry developing sustainably

 

Vietnamese government bonds attract foreign investors

Foreign investors have made a net purchase of VND15.2 trillion worth of government bonds so far this year, according to SSI Retail Research.

Vietnam is one of the easiest places to start a business in Southeast Asia: Olam

A big advantage was Vietnam’s absence of tariffs and its position as a “gateway” to ASEAN.

Samsung no longer driving force for Vietnam’s economy

Securities company KB Securities projected Vietnam’s GDP growth in the fourth quarter of 2019 to reach 6.95 - 7%, leading to the whole-year growth at nearly 7%.