vietnam economy

Update news vietnam economy

Chinese found counterfeiting Vietnamese origin for woodwork exports

Many Chinese wooden furniture manufacturers have been found setting up foreign invested enterprises (FIEs) in Vietnam to ‘fabricate’ Vietnamese origin for their exports to the US.

Thai fruits flood domestic market despite harvesting time in Vietnam

Vietnamese farmers are harvesting mangosteen, rambutan and pineapple, but a large amount of these fruits are still being imported from Thailand.

BUSINESS NEWS HEADLINES JUNE 8

Vietnamese economy bounces back in May: WB

The VND appreciates despite unfavorable conditions

The dollar price has decreased significantly from VND23,500 per dollar to VND23,300, though current factors are not supporting the exchange rate. This could be a great opportunity for Vietnam’s enterprises.

Quad+ dialogue offers great opportunities for Vietnam’s enterprises

The Quad countries’ economic prosperity network plan is expected to bring great opportunity to Vietnam’s enterprises.

Economist suggests solution for Vietnam to become powerful after pandemic

Dr Vu Minh Khuong from Lee Kuan Yew School of Public Policy in Singapore thinks that large economic groups such as Vingroup should develop industrial zones (IZs), not only for Vietnam, but also for Southeast Asia.

BUSINESS NEWS HEADLINES JUNE 7

Construction plan of Long Thanh airport to be submitted to prime minister this month

Why does only one airline fly to Con Dao Island?

Deputy head of the Civil Aviation Authority of Vietnam (CAAV) Vo Huy Cuong affirmed that the watchdog agency is unbiased when licensing air routes to Con Dao Island.

FDI is important for VN's real estate market recovery

Foreign direct investment (FDI), which will help the economy recover after Covid-19, is also a driving force for the recovery of the real estate market.

More VN firms may be acquired by foreigners

Minister of Planning and Investment (MPI) Nguyen Chi Dung warned that many Vietnam businesses may fall into foreign hands because of the pandemic.

BUSINESS NEWS HEADLINES JUNE 6

Hanoi to hold investment-development cooperation conference

Vietnam continues to attracts FDI, but will not depend on foreign investors: economists

The economy won’t successfully grow if money is only poured into the pockets of a few people, while the majority of people face difficulties and have to live in a polluted environment, experts say.

Two scenarios for Vietnam's economic recovery

Vietnam has to be very cautious when choosing and implementing a plan to reactivate the economy.

Thai investors quietly acquires properties in Vietnam

Covid-19 cannot deter Thai investors from implementing their plans to acquire Vietnam’s businesses.

Investors pour money into industrial real estate in anticipation of FDI boom

Large corporations from different business fields have begun injecting money into Industrial Zone projects as they can see great opportunities from an expected FDI wave in Vietnam.

Domestic market could be engine for Vietnamese enterprises' growth

If enterprises can exploit the domestic market well, they will be able to overcome the Covid-19 crisis, analysts say.

BUSINESS NEWS HEADLINES JUNE 5

High mobility and recovery to boost Vietnam economy 

 

Vietnam fails to implement plan to have 1 million businesses

The Covid-19 crisis may prevent Vietnam from its plan to have 1 million businesses by the end of 2020.

Vietnamese investors rush to develop IZs in anticipation of new FDI wave

Hoping that Vietnam will be able to catch the investment flow leaving China, IZ developers have hurried to implement their projects.

BUSINESS NEWS HEADLINES JUNE 4

Hanoi to turn Hoa Lac into sci-tech hub