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Vietnam: Safely reopening to revive tourism

British travel magazine Wanderlust has recently listed Vietnam among the 20 most ideal destinations in March with recommendations of long-term stays, wild world exploration, festivities and flower seasons.  This is a positive signal showing that international tourists have been happy with Vietnam’s service quality and confident in the country’s anti-pandemic measures to ensure their safety. This […]

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Vietnam: Adopting green business practices is a must

Many major fashion and apparel brands worldwide are committed to prioritizing orders from businesses that meet the environmentally friendly production and resource-saving criteria.  They will gradually cancel orders from firms that do not improve production safety and the environment. This information was conveyed at a seminar entitled “Renewable energy – a clean and sustainable energy […]

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Fitch Ratings affirms Vietnam sovereign credit rating at ‘BB’

This year, Fitch expects Vietnam’s GDP growth to accelerate to 6.1% in 2022 and 6.3% in 2023 from 2.6% in 2021. Fitch Ratings has assigned ‘BB’ to Vietnam’s Long-Term Foreign-Currency Issuer Default Rating (IDR) with a Positive Outlook.  “The affirmation reflects continued strong medium-term growth prospects, despite the Covid-19 pandemic and the global economic spillovers […]

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Vietnamese businesses struggle with skyrocketing prices

Manufacturers whose products are meant for domestic use and export are struggling to find a way out amid the “storm” across materials and logistics prices after fuel prices reached new highs. From March 1 this year, Acecook Vietnam, a leading manufacturer of food and foodstuffs in Vietnam, increased the prices of all its products. Similarly, […]

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