vietnam economy

Update news vietnam economy

Thousands of Mercedes-Benz recalled in Vietnam over defective airbags

Some 3,200 Mercedes-Benz cars in Vietnam have been found to have problems with Takata airbags, according to the Vietnam Register.

Vietnam, Oman to foster bilateral trade

The two-way trade turnover increased sharply from US$117 million in 2017 to US$200 million in 2019.

Ministry working to promote growth of support industries

The Ministry of Industry and Trade (MoIT) has introduced a range of measures to boost the growth of support industries in a bid to promote the engagement of local companies in production chains.

Global media positive about Vietnam’s growth despite COVID-19

A number of regional and global news agencies have quoted data from international research institutes and organisations as saying that Vietnam’s economy is on track to grow despite the impact of COVID-19.

VIETNAM BUSINESS NEWS HEADLINES NOVEMBER 21

Margin trading should be allowed on UPCoM

VIETNAM BUSINESS NEWS HEADLINES NOVEMBER 20

Chinese investment into Vietnam on the sharp rise

Vietnam is ‘new promising land’ for multinationals

With great achievements in containing the Covid-19 pandemic and obtaining positive GDP growth rate in 2020, Vietnam is seen as an ideal destination for foreign investors.

RCEP opens up 2.2 billion consumer market, limits protectionism

If RCEP economies can be united to have a common voice, they will be able to overcome protectionism and unilateralism to develop.

VIETNAM BUSINESS NEWS HEADLINES NOVEMBER 19

Vietnam Airlines green-lighted to weather COVID-19 crisis

Decree to prevent transfer pricing could inadvertently harm Vietnamese companies

Setting a cap on loan interest deductability is a tool to prevent foreign invested enterprises (FIEs) from conducting transfer pricing. However, the application of the regulation on Vietnamese enterprises as well has stirred controvesy.

Multi-billion US dollar deals kick off new investment wave

More and more investment deals are still being been made despite the Covid-19 pandemic. 

The State does not favor any economic sector

Assoc. Prof Dr. Vu Van Phuc proposed adding to the draft Political Reports submitted to the 12th Party Congress a section on economic sectors in the transitional economy to socialism in Vietnam.

VIETNAM BUSINESS NEWS HEADLINES NOVEMBER 18

HCM City aims for annual VND3trn from port-related tariffs

VIETNAM BUSINESS NEWS HEADLINES NOVEMBER 17

Gov’t orders solutions to support rice exporters to EU

VIETNAM BUSINESS NEWS HEADLINES NOVEMBER 16

Vietnam exports over 1 billion medical face masks in 10 months

Digital transformation is the vision for a prosperous nation

Prime Minister Nguyen Xuan Phuc said that the country must be stable to develop, and the most important driving force for development is to use technology, especially digital technology.

Recovery continues

As opposed to that of supply, the recovery of demand remains weaker, which means that the recovery of growth in the coming time will depend largely upon whether consumers can bolster their purchasing power

Gov’t orders solutions to support rice exporters to EU

The Government has directed the Ministry of Industry and Trade to coordinate with other relevant agencies to support local enterprises exporting rice to the European Union (EU) to make the most of EVFTA,

Retail spaces left empty as shops go online

Although Vietnam has managed to effectively contain the Covid-19 outbreak, many unsuccessful shops have shut down, as retailers have opted to go online to reduce operation costs, with the trend expected to grow further in the coming time.