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Update news vietnam economy
Vietnam is experiencing a boom in mobile payments as more and more e-wallet providers have aggressively joined the market.
Foreign funds tend to pour a great deal of money into Vietnamese startups with novel ideas.
With the country’s agricultural sector pursuing greater sustainable development, mergers and acquisitions are helping the sector create positive changes thanks in part to the support of high technology.
The amount of pork imported to Vietnam in the first four months of the year was six times higher than that in the entire year of 2018. The import price is VND5,000-7,000 per kilogram lower than the domestic price.
China’s yuan (renminbi) has remained above the sensitive level of seven to the US currency for the last three days, hinting that trade friction between the US and China is entering a dangerous phase.
With increasing digital adoption, the finance industry is having great difficulty finding human resources for new job positions, experts have said.
External challenges, such as protectionism and the escalating trade war between the United States and China, have left negative impacts on Vietnam’s exports, according to officials speaking at a meeting in Hanoi on Wednesday.
The Ministry of Industry and Trade (MoIT) has extended the time to decide the launch of an anti-dumping investigation on cold-rolled carbon steel coils and sheets imported from China by another 30 days.
Since its appearance, the digital economy in Vietnam has offered various services to serve people’s needs.
Many commercial banks have reported profits of trillions of dong in the first half of the year.
The average size of foreign direct investment (FDI) projects in Vietnam has sharply dropped amid a decline in investment flows.
Some foreign retail groups have left Vietnam recently. Is this because the retail market is no longer attractive?
UPS: Vietnam second-fastest growing online retail sector regionally
Vietnam is said to change its regulatory framework to tap potential offered by FTAs.
With limited resources, this is now time for Vietnam to consider placing importance on high-quality capital in order to elevate its labor qualification, technology and protect the environment.
Instead of distributing Nissan products, Tan Chong Motor will assemble, import and distribute Chinese cars in the Vietnamese market.
There are 4,000 Vietnamese businesses operating in the logistics field but most of them are small-scale with weak human resource quality, the Ministry of Industry and Trade (MoIT) reported.
A workshop on technological solutions for the North-South high-speed railway took place in Hanoi.
Foreign investment flows into Vietnam’s property sector through merger and acquisition transactions have been reported to be on a strong momentum, with outstanding deals made in 2018 and the first half of 2019.