Some commercial banks have raised deposit interest rates following an 8-year inflation rate high in February. Analysts believe a new interest rate floor will be set in the second quarter. Techcombank and VPBank’s moves of raising deposit interest rates in early March have been followed by a series of other banks. Agribank and Vietcombank, two […]
Read MoreFive-star hotel brands are ready to receive travelers back to the country with the strong belief that the tourism industry is coming back to life. IHG, the owner of many strong brands, including Six Senses and InterContinental, has announced a plan to develop more hotel and resort projects in Vietnam in the next two years. […]
Read MoreBeing the key mainstay of the economy, the Vietnamese private sector is set to enjoy a more favourable business and investment climate, with hurdles to be removed for it to make rapid strides in supporting Vietnam to achieve the dream of becoming a developed country by 2045. Minister of Planning and Investment Nguyen Chi Dung told […]
Read MoreWhile many developed countries have been struggling with the pandemic, Vietnam has maintained a trade surplus of nearly $1.29 billion in the first two months of 2021. However, a large portion of this relies on foreign-invested enterprises, a fact that government officials and economists want to balance with their domestic counterparts. Samsung Vietnam can look […]
Read MoreThe Hanoi-based firm expects to expand its business scale from the export of this first batch. Bkav, a Hanoi-based technology firm, exported its first batch of Bphone to the EU, according to the company’s Chairman Nguyen Tu Quang. The Vietnamese corporation said it signed a supply contract with a partner from an EU country which […]
Read MoreMaritime transport costs have skyrocketed in recent months as the impact of the COVID-19 pandemic takes its toll, pushing import-export companies into a lot of difficulties. Maritime transport costs increased by up to ten fold since the third quarter of 2020, together with the shortage of containers for packing. “We had to consider transporting 20 containers which […]
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Thailand
