vietnam economy

Update news vietnam economy

Two textile and garment companies to benefit the most from EVFTA

TNG Investment and Trading JSC (TNG) and Thanh Cong Textile Garment Investment JSC (TCM) are expected to benefit the most from the EU-Vietnam FTA (EVFTA), according to Bao Viet Securities.

What benefits can Vietnam’s economy expect from an interest rate cut?

The US FED has launched an unprecedented bailout to help the economy cope with Covid-19. Meanwhile, the State Bank of Vietnam (SBV) has cut the 1-6 month term deposit interest rate ceiling.

Are Vietnam’s securities cheap?

The VN Index has decreased by 156 points, or 17.7 percent, since the beginning of March.

Online sales rise sharply amid pandemic

As Vietnamese are now favoring ‘contactless purchases’ in Covid-19, online sales have increased rapidly.

Covid-19 crisis leads to opportunity to expand markets

2020 is a special year for Vietnam because of the 4.0 industry revolution and Covid-19 outbreak.

BUSINESS NEWS HEADLINES MARCH 27

Dong Nai to speed up site clearance for Long Thanh airport project

Two Vietnamese drop out of billionaires list

The list of the world’s dollar billionaires announced recently by Forbes shows that the number of Vietnamese billionaires has fallen from five to three.

Vietnamese currency more stable than other regional peers

Though the unofficial value of the VND has now fallen about 3 percent against the USD, the rate is still a smaller depreciation than that seen by most of Vietnam’s regional peers and is expected to stabilise around that level.

 

VN farm exports head for Chinese market again

Signs of Vietnamese farm export recovery have appeared as the Chinese market has begun importing products again.

BUSINESS NEWS HEADLINES MARCH 26

Commercial banks support COVID-19-hit businesses

Banks face bad debt risks amid pandemic

After two years of strong recovery and high growth, the banking sector is facing major challenges because of Covid-19.

Deregulation the way forward for business: expert

Nguyen Dinh Cung, former director of the Central Institute for Economic Management and member of PM Nguyen Xuan Phuc's economic advisory group, speaks about measures to improve the business environment.

 

Is Vietnam’s ready-made food prepared for the Chinese market?

The Covid-19 crisis, which has paralyzed many factories in China, offers an opportunity for Vietnam’s processed food to penetrate the 1.4 billion consumer market.

Enterprises face hardships, workers worried about future

As many enterprises are considering laying off workers, the unemployment rate is expected to rise in the time to come.

Vietnam’s e-commerce sees few benefits during Covid-19 crisis

While Amazon has had to recruit 100,000 more workers to satisfy orders, at Vietnam’s marketplaces, purchases remain weak except for face masks and hand sanitizers.

Shopping services boom amid COVID-19 outbreak

As the Covid-19 epidemic has been escalating, more people are buying things online or using shopping serviced.

Supply chain interrupted, VN woodwork processors go online

E-commerce is one of the best solutions for woodwork enterprises to cope with the Covid-19 epidemic, which has led to a sharp fall in demand.

What is the future of Vietnam’s electric motorbike market?

The warnings about bad air quality in Hanoi and HCM City given by forecasting centers in late 2019 could lead to a stronger electric motorbike market.

Rice products remains bright star among VN's farm export items

While most farm export items met with difficulties in the first months of the year, rice exports unexpectedly soared as the world increased its reserves.

Material supply from China resumes, VN textile-garment companies sigh with relief

In mid-March, when Chinese factories began resuming operation, material supplies to Vietnamese textile and garment enterprises were restored.