vietnam economy

Latest News about vietnam economy

Vietnam spends billions on auto spare part importsicon
BUSINESS5 hours ago0

Vietnam spends billions on auto spare part imports

Vietnam has continued spending billions of US dollars on importing auto spare parts as the local car industry failed to achieve it's localisation targets.

 
Russian automaker KamAZ to operate in Viet Nam next yearicon

Russian automaker KamAZ to operate in Viet Nam next year

BUSINESS
11 hours ago

Russian automaker KamAZ plans to re-open its automobile assembly factory in Viet Nam by 2020, said CEO Serge Kogogin with Russia's news agency Sputnik on Sunday.

E-wallets’ latest converts: HCM City street vendorsicon

E-wallets’ latest converts: HCM City street vendors

BUSINESS
12 hours ago

From morning to early afternoon Nguyen Van Chiem in HCM City’s District 1 is bustling with food vendors selling breakfast and lunch and customers coming to eat.

Vietnam sends biggest ever trade promotion delegation to South Africaicon

Vietnam sends biggest ever trade promotion delegation to South Africa

BUSINESS
12 hours ago

A Vietnamese trade promotion delegation that includes 22 local businesses from five localities is visiting South Africa from June 21 – 29, seeking partnerships and export opportunities.

Korea Eximbank opens 2 billion USD credit line to PetroVietnamicon

Korea Eximbank opens 2 billion USD credit line to PetroVietnam

BUSINESS
12 hours ago

The Export-Import Bank of Korea (Korea Eximbank) has said that it has agreed to open a 2 billion USD credit line to Vietnam’s PetroVietnam in a bid to help more Korean companies venture into the fast-growing economy.

PM requests investigation into Asanzo’s alleged faked made-in-Vietnam productsicon

PM requests investigation into Asanzo’s alleged faked made-in-Vietnam products

BUSINESS
13 hours ago

PM Nguyen Xuan Phuc has requested the Ministry of Finance and other government agencies to verify whether electronics firm Asanzo has been selling Chinese goods disguised as made-in-Vietnam, local media reported.

Vietnam posts highest-ever power consumption due to hot wavesicon

Vietnam posts highest-ever power consumption due to hot waves

SOCIETY
13 hours ago

The peak power output (Pmax) hit 38,147 MW on June 21, the highest figure recorded in Vietnam so far.

Foreign capital flows through Vietnamese banksicon

Foreign capital flows through Vietnamese banks

BUSINESS
13 hours ago

 As capital demands of Vietnamese firms are rising sharply, local banks are increasingly cooperating with foreign financial institutions to provide offshore loans, making the business become lucrative.

Vietnam’s investment arm SCIC to sell state stakes in 108 firmsicon

Vietnam’s investment arm SCIC to sell state stakes in 108 firms

BUSINESS
13 hours ago

The Vietnamese government’s investment arm State Capital Investment Corporation (SCIC) has announced the list of 108 state-owned enterprises (SOEs) subject to divestment in 2019, Vietnam Finance reported.

Vietnam’s local currency bond market returns to upward trend in Q1icon

Vietnam’s local currency bond market returns to upward trend in Q1

BUSINESS
15 hours ago

Vietnam’s local currency (LCY) bond market reached a size of VND1,193 trillion (US$51 billion) at the end of March, up a marginal 0.7% quarter-on-quarter, a reversal from the 5% quarter-on-quarter contraction in the last quarter of 2018.

Newcomer Bamboo Airway’s expansion stirs up Vietnam’s aviation marketicon

Newcomer Bamboo Airway’s expansion stirs up Vietnam’s aviation market

BUSINESS
16 hours ago

That Bamboo Airways has received a green light from Vietnam’s Ministry of Transport to increase its fleet to 30 aircraft by 2030 is making the competition among domestic carriers inevitably fiercer as the airlines vie for market share.

Samsung withdraws from China, Vietnam emerges as next destinationicon

Samsung withdraws from China, Vietnam emerges as next destination

BUSINESS
17 hours ago

Samsung repeatedly affirmed that Vietnam is its largest global strategic base not only for production but also for research and development.

Chairman of Nam A Bank to relinquish post over family disputesicon

Chairman of Nam A Bank to relinquish post over family disputes

BUSINESS
18 hours ago

Nguyen Quoc Toan, chairman of Nam A Commercial Joint Stock Bank and son of the bank’s late, female founder Tran Thi Huong alias Tu Huong, plans to relinquish his post to help solve his family’s asset disputes.

Major retailers take Asanzo products off shelvesicon

Major retailers take Asanzo products off shelves

BUSINESS
19 hours ago

Several major retailers of mobile phones and home appliances have taken Asanzo-branded items off their supermarket shelves, after Asanzo Vietnam was discovered trading Chinese electronic products bearing Made-in-Vietnam labels.

VN banks boost retail lending for solar energyicon

VN banks boost retail lending for solar energy

BUSINESS
19 hours ago

Banks in Vietnam race to offer loans for household solar energy projects, using low interest rates and long repayment periods as incentives.

BUSINESS NEWS 25/6icon

BUSINESS NEWS 25/6

BUSINESS
19 hours ago

HCM City’s retail, service revenues reach US$ 19.8 bln in first five months of 2019

National Australia Bank Limited stops working in Vietnamicon

National Australia Bank Limited stops working in Vietnam

BUSINESS
19 hours ago

National Australia Bank Ltd.'s five-year presence in Vietnam comes to an end as the State Bank of Vietnam (SBV) decided to revoke the license of its representative office in the country.

Vietnamese people aiming for a cashless societyicon

Vietnamese people aiming for a cashless society

VIDEO
19 hours ago

June 16 has been chosen as “Cashless payment day”. Aiming at a non-cash payment society, many attractive promotions are offered to create a habit of not using cash for Vietnamese people.