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Update news vietnam economy
The Asian Banker continues to honour the 500 strongest banks in the Asia-Pacific in 2019 with some familiar names from Vietnam.
The semi-annual consolidated financial statement of Vinachem showed a steep drop in profit, partially due to its accounts and assets being frozen by the court.
Vietnam must identify, implement and build management models for sharing economy applications in the country’s major sectors such as banking and transport to ensure a fair business playground and protect all involved parties.
Vietnam's long-term foreign currency (FC) bond ceiling at Ba1, its long-term FC deposit ceiling at B1, and its local currency bond and deposit ceilings at Baa3 are unchanged.
The medium-term outlook for the Vietnamese economy is broadly positive despite persistent downside risks, the World Bank (WB) said in its East Asia and Pacific Economic Update released on October 10.
Vietnam Airlines has officially launched in-flight wifi service on some of its flights using Airbus A350 aircraft from October 1.
Vietnam’s mid-cap stocks become more attractive to investors: Dragon Capital
Startups, R&D projects, fintechs and e-hailing firms are all on the hunt for workers.
In the opinion of the American elite, this is probably the last time the US can "bully" China and the US needs to take action before it is too late.
Vietnam is on track to reach its 6.6-6.8 percent growth target this year. However, the country needs to remain cautious about external risks.
Alcohol and beer consumption is booming, and local beverage producers are cashing in.
The HCMC government is collaborating with consultants to formulate a scheme to turn the city into a regional and international financial hub. More than 20 years ago, a similar project was set up but failed to materialize.
Vietcombank is heading to Australia and could open for business in Sydney within the next 12 months.
Enterprises with key industrial products asked Ha Noi to further cut the administration procedures and set up an official legal consultancy when they met local Department of Industry and Trade on Wednesday.
With solid growth in shipments, the plastics industry will surely meet its full-year export target of US$3.2 billion, according to the Vietnam Plastics Association.
Vietnamese wooden furniture manufacturers face a shortage of workers, modern technology and money to upgrade technology.
Remittance flows into Ho Chi Minh City in the first nine months of the year were estimated at around $3.8 billion, a year-on-year increase of 7 percent.
The HCMC Tax Department has ordered a YouTuber who earned VND19 billion in personal income from 2016 to 2018 via videos uploaded on YouTube to pay VND1.5 billion in back taxes, the local media reported.
The strong demand in China for pigs, due to its year-long struggle against African swine fever, has caused local pig prices to surge over the past week. However, the local market is also facing a pig undersupply.
Trade readiness improvements and economic dynamism are driving Vietnam’s trade growth potential.