Vietnam ICTComm 2020 slated for September

Because of unprecedented difficulties, Thailand may be outstripped by Vietnam in rice exports this year, but this may only be for the short term.

With its long coastline, Vietnam has immense potential to develop its maritime economy. However, a multitude of issues related to pollution and waste need careful handling.

Experts warned that Chinese investors may flock to Vietnam to buy industrial zones (IZs) through merger and acquisitions (M&As) to prepare to receive an expected wave of foreign direct investment (FDI).

Japanese Foreign Minister Toshimitsu Motegi confirmed on June 23 that approximately 440 Japanese experts and entrepreneurs will be paying a visit to Vietnam from June 25- 27.

Locally-invested private firm Egroup, primarily involved in education and tech, has been bogged down in difficulties due to its heavy investment into two businesses in Vietnam, which are also facing passive losses.

Though demand for loans was low in the first five months of the year, commercial banks were able to implement 40-50 percent of their business plans.

Two more Vietnamese dairy firms licensed to export to China

Chair of the Vietnam Retail Association (VRA) Vu Thi Hau, at a recently held event, complained about the suffering borne by Vietnamese retailers. 

Vietnam’s litchi can now be exported to the Japanese market, and dragon fruit to India.

The Ministry of Finance (MOF), suggesting solutions to help the stock market overcome the Covid-19 crisis, has once again proposed allowing foreign-invested enterprises (FIEs) to list on the bourse. 

Many companies have been sold during the COVID-19 crisis due to lack of capital and longterm financial durability.

Many listed companies plan to buy tens of trillions of dong in treasury stocks.

The shrimp price has regained an upward trend, while supplies from other countries have fallen.

Experts: Night-time economy expected to boost Hanoi tourism

Thousands of workers in the garment and footwear industries will be laid off soon as companies still cannot receive new orders.

Last week, interbank liquidity was in excess and the interest rate dropped to a record low, signs showing that capital has become ‘stagnant’.

A large amount of cash released in quantitative easing packages by central banks will be an abundant source of capital for the domestic stock market in the near future.

Development strategy for building material sector to be devised

After Tiki and Sendo complete their merger, the e-commerce market will be controlled by three big players – Tiki-Sendo, Lazada and Shopee.