Vietnam’s success in containing Covid-19 and applying Investment Law, which was passed in January 2021, are expected to further attract foreign investment. Disbursement of foreign direct investment (FDI) to Vietnam rose by 6.8% year-on-year in the first four months of this year to US$5.5 billion, a report of the Foreign Investment Agency (FIA) under the […]
Read MoreExperts and economists have proposed to expand the issuance of Government bonds to the international market, saying that this will help increase oppotunities to mobilise investment flows for socio-economic development projects of Vietnam in the time to come. Addressing a workshop in Ho Chi Minh City on April 27, head of the Prime Minister’s economic advisory […]
Read MoreLocal construction firms face the risk of bankruptcy as the price of steel has soared 40 percent recently. The price of construction steel is now nearly 19,000 VND per kg and with the material accounting for about 28 percent of the building cost for an apartment and 35 percent of the cost of a semi-detached house, insiders […]
Read MoreVietnam’s growth momentum remains strong this year and next, made possible by the country’s success in controlling the spread of the corona virus. Despite the recent resurgence of the Covid-19 pandemic in nearby countries, Vietnam is set to be the fastest-growing economy in the Southeast Asian region with an economic growth of 6.7% in 2021 […]
Read MoreThe increase in app deletions shows that Vietnamese e-commerce platforms need to improve the quality of services in order to retain customers. AppsFlyer and iPrice Group analyzed 12.4 million shopping app installs on Android devices in 2020 to learn about consumer behavior. The results showed that the removal rate of e-commerce applications in Vietnam was […]
Read MoreThe Export-Import Bank of Thailand has thrown a credit lifeline to small Thai businesses in CLMV countries that have been hit by the pandemic as well as the crisis in Myanmar. EXIM Thailand is offering the SMEs a 3-year credit facility of up to THB20 million at 3.99 per cent interest per annum. Meanwhile, its […]
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