vietnam economy

Update news vietnam economy

Massive IP development worrisome

In anticipation of the investment shift driven by the Covid-19 epidemic and the Sino-U.S. trade war, multiple industrial real estate developers are rolling up sleeves with their investment. 

Global coffee price fluctuates, domestic price plunges

Coffee prices in the Central Highlands and the south are predicted to continue to slide downward as prices have fallen globally.

Vietnam's ‘big four’ banks raise charter capital to meet standards

Increasing chartered capital is the most important task for the four state-owned commercial banks. If their CARs are lower than Basel II standards, they will have to restrict lending.

Doing business with US: preparing thoroughly, giving specific offers

The government of Vietnam needs to improve the business environment and transport infrastructure, in addition to simplifying administrative procedures, to attract the expected new FDI 'wave'.

M&A deals increase during time of crisis

More M&As are expected this year, experts say.

VIETNAM'S BUSINESS NEWS HEADLINES JUNE 29

Reform must focus on removing inconsistencies, overlaps in business regulations: VCCI

Vietnamese businesses burdened with taxes, FIEs at ease with tax exemptions

Studies have found that Vietnam’s taxation system offers many incentives to foreign invested enterprises (FIEs), but puts an increasingly heavy burden on Vietnamese enterprises and people.

Vietnam’s logistics industry hit hard by Covid-19 pandemic

The Vietnamese logistics industry is among those hit the hardest by Covid-19, as the unpredictability and duration of the pandemic have presented multiple challenges in both the short and long terms, 

Major businesses undergo slow recovery after Covid-19

Despite the positive business results witnessed in the early months of the year, many listed companies have been cautious with their pre-tax profit targets.

Capital flow redirection still uncertain: economists

Foreign investors are considering relocating their production bases out of China, but this doesn’t mean that all of them will flock to Vietnam.

VIETNAM'S BUSINESS NEWS HEADLINES JUNE 28

Customs enhances supports for enterprises

How will Vietnam’s aviation sector fare after Covid-19?

Activities at large airports such as Noi Bai and Tan Son Nhat as well as local airports have become busy again thanks to domestic flights.

WB debars Vietnamese firm for collusive and fraudulent practices

The World Bank Group has announced the seven-year debarment of Vietnam-based Sao Bac Dau Technologies Corporation (SBD) in connection with collusive and fraudulent practices under the Danang Sustainable City Development Project

Vietnam prepares to resume international flights

It is still unclear when Vietnam will reactivate international flights and reopen its market to foreign travelers, but agencies and travel firms all are making hectic preparations.

VN supporting firms need better policies to help them recover

The policies on supporting businesses have been designed well, but the support is not enough to help businesses recover losses, economists say.

Vietnam's public debt payment at safe levels after pandemic

The ratio of public debt to GDP is not too high, but the pressure of debt repayment in both VND and foreign currencies will increase in 2020-2021.

Vietnam Airlines to buy more aircraft despite big losses

The national flag air carrier is still moving ahead with its plan to buy 50 narrow-body aircraft, though it has reported a loss of VND2.6 trillion in Q1.

Investors more cautious about pouring money into startups

Analysts believe that mentors and angel investors in Vietnam are spending time taking care of their existing investment portfolios, rather than seeking new investors.

VIETNAM'S BUSINESS NEWS HEADLINES JUNE 26

HCM City records low credit growth, high risk of bad debts