vietnam economy

Update news vietnam economy

Vietnam to develop intellectual property strategy by 2030

A workshop on the role of intellectual property (IP) in promoting socio-economic development was jointly held by the Ministry of Science and Technology and the World Intellectual Property Organization (WIPO) in Hanoi on May 9.

 

Vietnam's healthcare sector promising for private investment

The rising demand for healthcare has made Vietnam a promising destination for domestic and foreign investors.

 

Experts oppose HCMC’s proposal for excise tax on cellphones

The HCMC government’s proposal on excise taxes for mobile phones, cameras, perfumes and cosmetics goes against the city’s development plan and is likely unfeasible in the current context, according to some experts.

 

BUSINESS NEWS 10/5

Screen, digital printing tech expo opens in HCM City

 

 

Top pharma groups to rethink strategies after sluggish 2018

After a tough 12 months, with Vietnamese pharmaceutical giants continuing to report poor business performance in the first quarter of 2019, new solutions are being sought to hold firm amid increasingly mounting competition from international rivals.

Transfer pricing in FDI sector raises concerns: ministers

The ministers of Finance and of Planning and Investment have expressed concern over the increasingly complicated developments of transfer pricing among enterprises receiving FDI, the local media reported.

 

International container port inaugurated in Thanh Hoa

An international deepwater container port was put into operation at Nghi Son International Port in the north central province of Thanh Hoa on Wednesday.

 

Vietnam has great potential for export of ornamental creatures

Vietnam has great potential for the export of ornamental plants and animals thanks to its diverse and favourable natural conditions, said Minister of Agriculture and Rural Development Nguyen Xuan Cuong.

 

Convenience stores help domestic retailers compete with foreign rivals

With certain advantages, convenience stores have been an increasingly popular shopping destination for customers, and they have also become a choice for domestic retailers to compete with foreign rivals.

 

M&A consistent in real estate sector

In the first four months of this year, the merger and acquisition scene has been active with the participation of both ­domestic and international ­investors.

 

Mega-projects could push Vietnam’s FDI to new level

With a series of billion-dollar foreign-invested projects in the pipeline, Vietnam is expected to attain a new record in foreign direct investment attraction this year.

 

More than 350 foreign investors join VN’s securities market in April

Over 350 foreign investors were granted securities trading codes in April, bringing the total number of foreign investors able to participate in the Viet Nam’s securities market to nearly 30,240, according to the Vietnam Securities Depository.

Vinamilk seeks to expand markets

Along with developing the domestic market, the Vietnam Dairy Products Joint Stock Company (Vinamilk) has expanded the consumption of its products to other countries.

 

Scarce products in Vietnam’s stock market leave foreign investors with few options

Limited products in Vietnam’s stock market have left foreign investors with few options for investment, in spite of their strong interest, according to Le Anh Tuan, deputy CIO and head of research at fund manager Dragon Capital.

Vietnam’s GDP growth on track to meet target of 6.78% in 2019

Despite signs of slowing down, Vietnam’s GDP growth remains on track to reach 6.78% in 2019, which is in line with the target of 6.6 – 6.8% set by the National Assembly, said Minister of Planning and Investment Nguyen Chi Dung.

 

Opening Vietnam up to Industry 4.0

The country’s big potential in IT and large smartphone penetration are the key enablers for Vietnam to develop its digital economy.

VN central bank injects $236 million to improve banks' liquidity

The State Bank of Viet Nam (SBV) net injected more than VND5.51 trillion (US$236.69 million) into the market last week to support the liquidity of the banking system.

 

HCM City calls for investment in 210 projects worth US$51.6 billion

In an aim to attract more investment for much-needed infrastructure, HCM City is touting its efforts to become a digital- and knowledge-based economy with a highly skilled workforce.

 

Vietnam finalises agreement to trade legal timber with EU

Starting from June 1, Viet Nam could export only verified legal timber products to the EU markets as the Voluntary Partnership Agreement on Forest Law Enforcement, Governance and Trade (VPA/FLECT) would officially enter into force.

 

VN consumers demand security, convenience in digital experience: report

As organisations and consumers increasingly interact over digital channels, both parties must find ways to establish mutual trust, British consumer credit reporting company Experian has said in a new report.