Many businesspeople have complained that they have had to sell cars and fixed assets to maintain operations. Some have even sought capital from black credit sources with exorbitant interest rates. A survey by the National Economics University (NEU) found that businesses are running out of money to cover operation expenses. Many businesses have had to […]
Read MoreEl Salvador recently became the first country in the world to legalize bitcoin, which will be used to pay for goods and services as well as taxes. According to President Nayib Bukele, El Salvador has bought 400 bitcoins and would buy further. He affirmed that using bitcoin would help this country save US$ 400 million […]
Read MoreWhile a number of foreign companies have moved part of their production or orders to other countries, many said they still see Viet Nam as a good… While a number of foreign companies have moved part of their production or orders to other countries, many still see Viet Nam as a good location for investment […]
Read MoreSince July 2021, the Vietnamese dong has strengthened by 1.3 per cent against the US dollar and the unit has averaged VND23,930 per US dollar in the year-to-October. Fitch Solutions have revised its 2021 average forecast for the Vietnamese dong to VND22,900 per US dollar from VND23,000 per US dollar previously and VND22,800 per US […]
Read MoreVenture capital in Vietnam will reach $600 million and may surpass $1 billion in 2021. The country is expected be an attractive destination for venture capital funds in the following years. Le Hoang Uyen Vy, founder of DO Ventures, said that 2019 saw a record high venture investment in Vietnam with nearly $900 million, nearly […]
Read MoreIn 2020, Masan took over the tungsten division of H.C. Starck Tungsten, the world’s leading manufacturer with thermal resistance technology, as part of its plan to become a leading high-tech industrial material manufacturer. The Vietnamese name is now among the top manufacturers of tungsten products for important industries such as mechanical engineering, mining, automobile, energy, […]
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Thailand
