Japan, South Korea, France, and Germany are the largest creditors of Vietnam. Vietnam’s public debt was on a steady decline during the past five years from 61.4% of the GDP in 2017 to 43.1% in 2021, significantly lower than the 60%-threshold limit set by the National Assembly. Given the country’s nominal GDP in 2021 at […]
Read MoreThe Apple Watch has entered mass production in the nation, with Apple Watch 8’s shipment proportion from the country set to grow sharply to between 60% and 70%, according to details given by Ming-Chi Kuo, an analyst at TF International Securities. The famous analyst believes that the tech giant will strive to boost the output […]
Read MoreVietnam’s export turnover is expected to reach around US$ 368 billion in 2022, representing a year-on-year increase of 9.46 percent, according to the Ministry of Industry and Trade (MoIT). The MoIT evaluated that the export turnover growth rate would outstrip the Government’s preset goal of about 8 percent. On the other hand, import turnover is […]
Read MoreCompetition is increasingly fierce, so tech giants are interested in investing in research and development (R&D) to maintain growth and beat their competitors. In April 2022, during a meeting with the Vietnamese media, Serg Bell – the co-founder of unicorn start-up Acronis – said that after surveying Indonesia, Thailand, Malaysia, Myanmar, the company found that […]
Read MoreVietnam had spent nearly US$6 billion importing 5.65 million tonnes of petroleum of all kinds as of August 15, up 150% in value year on year, according to the General Department of Vietnam Customs. Petroleum businesses imported 651,000 tonnes worth US$736 million in July alone, representing an increase of 5.4% in volume but a fall […]
Read MoreCashless payments made through scanning QR codes or other online payment methods at grocery stores or roadside eateries are becoming a bigger habit of many Vietnamese consumers. Not only popular in commercial centres and supermarkets, but modern payment methods via internet banking, e-wallets, and QR codes are also now more likely to be accepted and […]
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Thailand
