vietnam economy

Update news vietnam economy

VIETNAM BUSINESS NEWS MAY 20

Proptech firms catch the eye of foreign investors

Ministry of Industry and Trade proposes unprecedented new law

The Ministry of Industry and Trade (MoIT) said that, while most sub-industries are covered by laws, activities in the processing and manufacturing industry have not had specific regulations.

'Farm rescue' campaigns are on the way out

Farm produce should be sold in a competitive market, rather than through a "market of compassion" or rescue campaigns, experts have said.

VIETNAM BUSINESS NEWS MAY 19

Foodstuff prices rise, pose inflation threat

Inflation expected to be reined in for 2021

In a bid to continue successfully controlling inflation this year amid a rise in local consumption, the government is taking drastic action, with the stabilisation of prices of key items in the market a priority.

Great opportunity for Vietnam's semiconductor industry

The scarcity of chip supply that began in late 2020 has affected most manufacturing industries.

VIETNAM BUSINESS NEWS MAY 18

Logistics enterprises grow strongly in Q1, boosted by FTAs

Ben Tre takes different approach to change its fate

“What should we do – continue to complain about difficulties to get subsidies from the state budget, or become self-reliant to rise up,” said Ben Tre Provincial Party Committee Secretary Phan Van Mai.

The path for Vietnam to become owners rather than just wage earners

Technology and innovation are the answers to the question about how Vietnam can to escape from doing only outsourcing for foreign partners.

VIETNAM BUSINESS NEWS MAY 17

Stock market might not have more room to rise: experts

Singapore miracles and lessons for Vietnam

Singapore’s journey into becoming a dragon took place within only 30 years, offering valuable lessons for countries in the region, including Vietnam.

VIETNAM BUSINESS NEWS MAY 16

Vietnamese exporters urged to respond to trade remedies 

Digital transformation is '2nd reform' after Doi Moi

Digital transformation starts with a mind shift. 

VIETNAM BUSINESS NEWS MAY 15

Pork imports from Russia soar ten-fold

Land price hikes stop, but property remains expensive

Though land fever has eased, prices are still high. The apartments in projects in advantageous positions are being offered at sky-high prices of VND300-400 million per square meter.

Vietnamese enterprises lose their home market as they focus on land deals

Many enterprises would rather use their capital to buy and sell land than make investments to scale up their production.

Wide-ranging support ahead for economy

To spur on local production and achieve its desired economic growth goal, Vietnam is to enact new financial solutions aimed to assist the business community.

Creating fair business via feasible assistance

With the gradual recovery in the confidence of the business community in the first four months of the year, a continued support for enterprises is needed to help them stay afloat and weather the storm caused by the pandemic.

VIETNAM BUSINESS NEWS MAY 14

New container terminals to be built in Hai Phong

Investors prefer trading in land, shun the less profitable auto industry

Vingroup has sent a dispatch to the Ha Tinh provincial People’s Committee, proposing a project on an automobile complex.