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Update news vietnam economy
Despite the pandemic, some businesses are thriving because they have changed business strategies by developing niche markets.
Vietnam is entering a level playing field in which efficient solutions to maintain economic development always causes headaches for experts and business leaders.
Vietnam has a great opportunity to receive new FDI, but it has been warned of the ‘the other side of the coin’.
Vietnam to increase rice exports to EU under EVFTA
Not all foreign investors who leave China will automatically choose Vietnam as the next destination, Deputy Regional Managing Director of the US-ASEAN Business (USABC) Council Vu Tu Thanh said recently.
Fitch Solutions: Vietnam to gain from shifts in apparel manufacturing
Consumers hope that they will get benefits when foreign distributors are allowed to join the petroleum retail market.
Associations shake hands to promote local tourism
The added value share of the real estate sector in gross domestic product (GDP) has gradually declined due to its lower growth versus the overall growth of the economy
Lao Cai to build border market and trade promotion centre
The nation’s successful efforts to contain the novel coronavirus (COVID-19) epidemic is being taken as a guarantee of the country’s full commitment to a safe and competitive investment environment in comparison to regional neighbours.
CAAV to reduce congestion and flight cancellation
Deputy Minister of Industry and Trade Tran Quoc Khanh, speaking at a recent conference, expressed his concern about the indifference shown by many Vietnam’s enterprises to EVFTA (EU-Vietnam Free Trade Agreement).
The government is planning to raise the country’s public debt in an aim to spur on the economy’s aggregate demand, creating opportunities for international organisations to offer loans.
Night-time economy key to stimulating tourism in Da Nang
Covid-19, which has caused disruptions in cash flow, has created many changes in businesses’ marketing strategies.
Prime Minister Nguyen Xuan Phuc has urged localities nationwide to hasten the disbursement of more than VND633 trillion (nearly US$28 billion) of public investment this year.
Central province to call for PPP investment in airport and sea port
Shareholders at meetings this year are expressing caution about setting specific business targets due to Covid-19.
The COVID-19 pandemic is not only a big test for enterprise resilience but also an opportunity for businesses to re-evaluate their long-term strategy and urgency of sustainable development.