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Update news vietnam economy
A recent CBRE report revealed Hanoi recording one of the best quarters in the last three years, while HCMC’s market saw the worst during the period.
Nobufumi Miura, chairman of the Japan Business Association in Vietnam, claimed that cumbersome administrative procedures have hindered enterprises from increasing their investment.
The 2020s are set to be the Asian decade, including Vietnam, with sustained growth rates of around 7%, according to Bloomberg.
Vietnamese tra fish, a major foreign currency earner, has gradually won the trust of Japanese consumers as seen in the market’s emergence as one of the 10 biggest tra fish importers of Vietnam.
The Vietnamese cosmetics market has grown strongly in recent years given the rapid economic growth and large young population, the Viet Nam Association of Essential Oils, Aromatherapy and Cosmetics has said.
Vietnam’s seaculture area is set to reach 270,000ha with expected marine production of 750,000 tonnes by 2020.
Pork traders in many traditional markets in the southern region of Vietnam have been severely affected by the remarkable decline in pork prices amid on-going African swine fever.
Vietnam needs to adjust its development strategy for the mechanical engineering industry to ensure it develops sustainably.
Vietnam has paid due attention to the development of maritime transport, which is seen as a spearheaded sector in the country’s sea development strategy.
The first edition of the White Book on Vietnamese businesses compiled by the General Statistics Office (GSO) is expected to be released later this month, according to the GSO.
The Vietnam National Petroleum Group (Petrolimex) is planning to invest in a liquefied natural gas (LNG) project in the south central province of Khanh Hoa.
Fruit and vegetable exports in April reached 462 million USD, bringing their total export turnover in the first four months of 2019 to 1.4 billion USD, a year-on-year rise of 7.2 percent.
Vietnamese airlines are facing difficulties to carry out their plans to acquire new airplanes due to the limited governance capability of the Civil Aviation Authority of Vietnam (CAAV), Zing reported.
Smarter tax policies needed for the development of Vietnamese tech companies
Vietnam’s tea industry needs to focus on enhancing quality, diversifying product offerings and building brands to develop in a sustainable way, according to the Ministry of Agriculture and Rural Development.
Vietnam’s surge towards becoming Asia’s fastest-growing economy is helping the country attract even more capital from overseas sources.
A circular amending and supplementing several provisions of Circular 32/2013/TT-NHNN guiding the implementation of regulations on restricting the use of foreign currencies in the territory of Vietnam became effective on May 13.
The US-China trade war and fluctuation in material prices have set a burden on Vietnamese steel companies, reducing profits and even causing losses in 2019’s first quarter.
The capital adequacy ratio (CAR) of Viet Nam's credit institutions has improved thanks to their increased equity.
The Hanoi Stock Exchange (HNX) has issued a decision to cancel the listing of a number of companies in May and June.