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Vietnam’s financial leasing potential

HANOI — Financial leasing institutions are the lastest solution to resolve capital shortages of local businesses, especially small- and medium-sized enterprises (SMEs). Financial leasing has been a popular channel to mobilise capital globally, with total revenue of up to US$1 trillion per year. Financial leasing is a credit activity in the mid-and-long-term through the leasing […]

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Vietnam aims to narrow trade deficit with Thailand

HANOI – Improving the quality of domestically-produced goods is critical for Vietnam to compete with imported products and narrow the trade deficit with Thailand, according to the Ministry of Industry and Trade (MoIT). Statistics from the ministry’s Department of Asia and Africa Markets showed that Vietnam ran a trade deficit of US$3.5 billion with Thailand […]

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Convenience stores sway Vietnam’s retail market

HANOI — As the country’s consumption demand increases to match national economic progress, more and more foreign retailers are entering the Vietnamese market to a warm welcome from buyers, while Vietnam’s domestic brands look for their own growth strategies against the newcomers. Regarding the rising trend of foreign firms gaining market share in Vietnam, reports […]

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Vietnam looks to give fishery assistance to Cambodia

Vietnam has expressed inter-est in investing in Cambodia’s aquaculture sector and providing technical support to help boost fisheries production, according to Vietnamese media reports. Deputy Minister of Foreign Affairs Vu Hong Nam said during a visit to Tonle Sap Lake late last week with the governor of Kampong Chhnang province that an official initiative for […]

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Regional links key for south Vietnam trade

HANOI — Promoting regional linkage from production to distribution is essential to turn the country’s southern part into a trade hub. Efforts have been made to establish regional linkage in recent years but there were bottlenecks to be removed to create breakthroughs, especially in developing a supply chain and logistics. For example, in the agricultural […]

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Cambodia-Thai-Vietnam bus service

Thailand has proposed Cambodia initiate a bus service that links the two countries and Vietnam which will strengthen connectivity between the Asean countries. The proposal was made during a meeting between Minister of Public Works and Transport Sun Chanthol and his Thai counterpart Arkhom Termpittayapaisith in Phnom Penh late last week. According to the ministry, […]

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