vietnam economy

Update news vietnam economy

Vietnam Opportunity Fund completely exits Vietjet

VinaCapital’s Vietnam Opportunity Fund (VOF) has sold its entire holding in Vietjet Aviation JSC (HoSE: VJC).

 

Challenges ahead in meeting EUs quality standards

Viet Nam will have to address some challenges in order to fully grasp the benefits of the EU – Viet Nam Free Trade Agreement (EVFTA) and its opportunities for the export of agricultural products.

 

Vietnam needs to new growth model to escape middle-income trap

Building a reasonable growth scenario and finding out ways to achieve the goal is how that Vietnam can escape the middle-income trap.

Vietnam Initiative for Energy Transition launched

The Vietnam Initiative for Energy Transition (VIET) was officially launched in Hanoi on September 19.

 

Famous Hanoi noodle restaurant "Pho Thin" opens franchise in Melbourne

Pho Thin, a renowned family-run pho restaurant in Hanoi for 30 years, has opened its second franchise in Melbourne, Australia after its first in Tokyo in March this year.

Vietnamese banks look to Asian investors for more capital

Some small banks in Vietnam are seeking investors from Asia such as South Korea, China and Japan.

NEWS HEADLINES SEPTEMBER 20

 

Two men detained for illegal tiger transportation

 

BUSINESS NEWS SEPTEMBER 20

Dong Nai promotes business climate in Japan

 

Experts argue about night-time economy development

In July 2019, ministries and people’s committees of central cities and provinces received a request to study Chinese policy on night-time economy development.

India’s import quotas harm Vietnamese incense firms

India’s setting of quotas for Viet Nam’s incense stick exports to this country has caused domestic incense stick production and export enterprises to face bankruptcy.

Vietnamese steel faces tough seas

Escalating trade tensions and rising protectionism have caused a formidable pressure on Vietnamese steel sector, according to insiders.

 

Vietnam’s bond market continues growth

Vietnam’s local currency bond market grew 2.6 percent to 52.9 billion USD in the second quarter of this year, after a 0.7 percent expansion in the first quarter.

 

Local trend of sustainable development may threat H&M and Zara

Despite being the second-largest polluters in the world, fast-fashion brands are growing at a tremendous pace in Vietnam.

 

Vietnam ranked in top countries for investment

Vietnam has climbed in the ranking of best countries in which to invest this year, surpassing other Southeast Asian nations, such as Malaysia, Singapore and Indonesia.

 

Local pharma dives into ethical drugs

Facing much tougher competition ahead, Vietnamese big pharmaceutical firms are seeking new solutions in order to delve deeper into the ethical drugs channel to shore up growth.

BUSINESS NEWS SEPTEMBER 19

PM Phuc to deliver keynote address at Vietnam Reform and Development Forum 2019

Organic agriculture treads thorny path

Vo Tong Xuan, rector of the Nam Can Tho University, a respected agriculture expert, says that many Vietnamese hesitate to buy organic farm produce because of high prices.

Vietnam's printing firms at risk of losing lion’s share

The domestic printing industry is primarily dominated by local firms, but increasing foreign investment is putting them at risk of losing their majority shares, said an official recently.

High hopes for PPP draft law

Amid expectation among investors, the latest draft of the Law on Public-Private Partnership has come out with some positive changes, pinning high hopes on a bankable legal framework for future projects.

Vietnamese cooking oil market heats up

The cooking oil market in Vietnam has become more competitive than ever, with many firms jumping into the industry.