- © Copyright of Vietnamnet Global.
- Tel: 024 3772 7988 Fax: (024) 37722734
- Email: evnn@vietnamnet.vn
Update news vietnam economy
Vietnam’s export of aquatic products in July showed positive signs with an increase of 9 per cent year-on-year, particularly with exports of shrimp and other products rising, except for pangasius.
The Ministry of Industry and Trade (MoIT) has issued Decision No.2334/QD-BCT to launch an anti-dumping investigation into Biaxial Oriented Polypropylene (BOPP) film originating from China, Thailand and Malaysia.
In only two years, Vietnam has climbed to the third position among the six ASEAN countries enjoying the most active startup ecosystems, trailing behind only Indonesia and Singapore.
The US Federal Reserve has cut the FED Funds Rate by 0.25 percentage points to 2.5 percent because of the global economic growth slowdown, the trade tensions between the US and other countries, and low inflation rate.
Vietnam imports US$6.6 billion in textile-garment materials in H1
Ice cream is also a market where local and foreign brands are battling it out for market share.
The EU Vietnam free trade agreement (EVFTA) has been compared to a highway which allows businesses to go faster and boost their exports.
The recent arrest of former directors at the Vietnam Engine and Agricultural Machinery Corporation (VEAM) has derailed the company’s future business plan.
The National Assembly (NA) Standing Committee has proposed removing the road maintenance fund and petrol price stabilisation fund.
Vietnam, together with some other Southeast Asian countries, is increasingly seeing investment opportunities related to China’s Belt and Road Initiative (BRI), two separate reports issued this month show.
Singapore-based investors flock to the Vietnamese stock market as the country offers strong growth and safety against global volatilities.
The Ministry of Industry and Trade would not adjust its import and export goals despite current difficulties.
Vietnam has increased imports of chicken from the US which have the surprisingly low price of VND18,000 per kilogram.
Great opportunities are available, but the capability of Vietnamese enterprises to join global supply chains remains low.
Developers are moving towards a golf course - resort model as Vietnam eyes becoming a major golf tourism destination.
Vietnam's production and export activities as well as trade balance may suffer if Japan and South Korea can't settle their differences soon, according to VDSC report.
Local banks posted notable results in the first half but a good second half is not a given.
Transporting goods to supermarkets is an arduous journey for manufacturing enterprises, especially small and medium ones.
Improving product quality and promoting exports through official channels are seen as a stable method of development for Vietnam's fruit and vegetables as China looks set to apply stricter requirements on fruit imports in the future.