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Update news vietnam economy
Viet Nam’s aviation industry has seen its strongest growth in the past decades with double-digit growth set in five consecutive years, but it is still faced with sustainable development issues.
A conference on “Business Families: Developing the Next Generation Best Practices of Internationally Successful Business Families” was held recently for business owners, leaders, and senior management teams at Vietnamese enterprises.
Foreign banks have so far gained positive business performance in the Vietnamese market and their results are estimated to be better than Vietnamese banks with the same scale in capital and total assets.
Solar power could be considered an important instrument for Vietnam to fulfill the sustainable development goals.
The Ha Noi Beer-Alcohol-Beverage JSC (Habeco) has forecast its post-tax profit will fall 36 per cent year-on-year to VND310 billion (US$13.3 million) in 2019, the lowest in 10 years.
Newly-operated Van Don International Airport in the northern province of Quang Ninh is seeking the Ministry of Transport’s permission for serving stop-over charter flights.
Vietnamese automaker VinFast announced on Tuesday that the firm will officially put its automobile manufacturing factory into operation in June this year, three months earlier than scheduled.
The global investment firm proposed mobilizing capital for the project under the form of sale-and-leaseback, VietnamFinance reported.
Vietnamese shares may continue falling this week as investors remain pessimistic about economic and business prospects in 2019.
Vietnam’s steel industry is facing 47 anti-dumping and anti-subsidy investigations from importing countries, accounting for one-third of the total cases of Vietnamese goods, according to a report from the VN Trade Defence Department.
In 2018, only 23% of luxury homes were sold to locals, outpaced by Chinese, while South Koreans and Hong Kong (China) residents followed closely behind.
With a par value of VND10,000 (US$0.43), the total value of the share amount in subject is VND14.18 trillion (US$611.64 million).
The extent of internet penetration and the percentage of smart phones and social media users in the country is higher than the global average and countries with similar development level, said experts.
Vietnam, a market of 93 million people, is seeing rapidly growing consumer demand for food and beverage (F&B) products, offering ample space for the F&B sector to expand.
Four US energy firms see great chances to invest in the country where energy demand grows 10% annually.
The need to ease policy rates in the near-term is unlikely, given the country’s still-robust growth and heightened foreign direct investment.
The European Union’s evermore stringent regulations on quality management, food safety as well as traceability have piled tremendous pressure on Vietnam’s agricultural exports to this bloc.
Household businesses are being encouraged to develop into private enterprises and contribute more to economic development.
Vietnam is in search of new growth drivers as financial market management is set to create momentum for national economic development.