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Update news vietnam economy
ADB representatives at the report launch on Wednesday. The bank retained its growth forecasts for Viet Nam at 6.8 per cent in 2019 and 6.7 per cent in 2020.
Stripe International acquires Vietnamese footwear brand Vascara
Vietnam's digital economy was valued at 9 billion in 2018 and is expected to reach 30 billion by 2025, according to Open Gov Asia.
ADB forecasts Vietnam’s economy to grow at 6.8 per cent in 2019
Many businesses and investors are waiting for the Government’s decision on the feed-in tariff (FiT) rate for solar power projects nationwide to set up long-term investments in solar power projects in Vietnam.
Chinese automobile brands have quietly returned to the Vietnamese market after many years of absence.
Le Dinh Vu, owner of a home decor store in HCM City’s Thu Duc District, spent nearly VND50 million (US$2,155) to install solar panels on the roof of his newly built house.
The CEO of budget airlines Vietjet Air and dairy firm Nutifood have been selected in the top 25 Asian Power Businesswomen list.
Streamlining stock and securities activities in the country, the new State-owned Vietnam Stock Exchange (VSE) will take charge of regulating and supervising the Hochiminh Stock Exchange (HoSE) and the Hanoi Stock Exchange (HNX).
Indonesia and Japan on September 24 signed an outline deal for a medium-speed train project linking the Southeast Asian country’s capital of Jakarta and its second-largest city, Surabaya.
Economists have voiced their disappointment about the draft of the amended labor code, saying that the competitiveness of the national economy will weaken because of rigid regulations on extra working hours and wages.
Around 600,000 point of sales (POS) devices will be deployed in Vietnam by South Korean financial firm Alliex.
This month saw the inauguration of the largest solar power plant in Southeast Asia, Dau Tieng in Tay Ninh Province, by Dau Tieng Energy JSC and Thailand’s B.Grimm Power Public Company limited.
Vietnamese firms have been the first contractors selected for the eastern North-South expressway project.
Vietnam needs to address the shortcomings in its port infrastructure to fully benefit from its economic development.
Vietnam is considered an attractive destination for investors thanks to the cheap labor force. In 2019, the minimum zonal wages of Vietnamese workers ranged between VND2.92 million and 4.18 million.
Vingroup’s Vinpearl Air selected Noi Bai International Airport in Hanoi as its base, however, no prime flight slots are available for the carrier’s flights.
Many banks are auctioning mortgaged assets, mainly real estate, worth trillions of Vietnamese dong to speed up the resolution of non-performing loans.