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Update news vietnam economy
The US-China trade war is giving opportunities to Vietnam to diversify material supply sources, increase imports from the US to reduce the trade surplus with the country, and reduce the trade deficit with China.
Giants Amazon and Alibaba both have ambitious plans for the Vietnamese market.
Local and foreign insiders are optimistic about the outlook for M&As in Vietnam over the next couple of years.
While the expansion of asset yields becomes more limited as the transition towards retail lending slows down and competition intensifies, the control of funding costs serves as a driver of interest income growth.
The EU, which was once the second biggest seafood export market for Vietnam, consuming 18 percent of Vietnam’s seafood exports, fell to fifth, with 13 percent, after the EU gave Vietnam the yellow card.
The banking sector is waiting for the State Bank of Viet Nam to allow the use of electronic know your customer/client (e-KYC).
The rising vehicle imports are posing huge competitive pressure on domestically-produced vehicles.
Brokerages proposed different scenarios for the movement of VN-Index from now until the end of the year depending on the world's economic growth prospects.
45 Vietnamese businesspeople travelled to Bangkok to bring their products to a food-focused event, hoping to fill up the shelves of Thai...
The government of Thailand has approved a budget of 21.5 billion baht to ensure a rice price at a reasonable level for Thai farmers. The policy is expected to have a negative impact on other export countries, including Vietnam.
Fifty per cent of Vietnamese researched online prior to purchasing Financial Services offline, according to the latest report from Google, Temasek, and Bain & Company.
Vietnam was ranked eighth among the top 20 best countries to invest in by US News & World Report, surpassing neighbours like Malaysia, Indonesia, and Singapore.
Over the last five years, the number of such transactions has increased five-fold from 56 million transactions in 2015 to 271 million by 2019 at a compound annual growth rate (CAGR) of 48.3%.
After many consecutive years of growth at an impressive rate, Vietnam’s fruit and vegetable export almost immediately took a nosedive after the U.S.-China trade war broke out in the middle of last year.
Vietnam’s economic growth, which is now less reliant on mineral mining and the growth of credit, is gradually shifting to science, technology and innovation, the Ministry of Planning and Investment said in a report.
Domestic investors now have more opportunities to implement the eight component projects of the north-south expressway as the Ministry of Transport (MOT) has canceled open international bidding.
Vietnam’s coffee exports in the first nine months of this year fell by 13.3 per cent in volume to 1.25 million tonnes and 21.9 per cent in value to US$2.15 billion compared with the same period of last year.
Digital economy to constitute one-third of Vietnam's GDP in 2030
Nguyen Trung Khanh, director general of the Vietnam Tourism Administration, talks to Vietnam Economic Times newspaper about his agency’s efforts to improve the tourism sector’s competitive advantages.