The automobile market has become bustling with more and more car models, mostly domestically assembled, introduced. Two Japanese automobile manufacturers have launched two of their best sellers – CR-V and Mitsubishi Xpander. Both of them are assembled in Vietnam. o quality difference between Mitsubishi Xpander 2020 assembled in Vietnam and imports and that they meet […]
Read MoreThe Hanoitimes – Despite a drop in output in July, firms remained confident in the 12-month outlook for production. The headline Vietnam Manufacturing Purchasing Managers’ Index (PMI) dipped back below the 50.0 no-change mark in July, posting 47.6 compared to 51.1 in June, indicating business conditions have now deteriorated in five of the past six months […]
Read MoreThe Ministry of Construction (MoC) is completing a draft resolution to encourage the development of low-cost commercial apartments to submit to the Government in the third quarter of this year. The move aims to help the real estate market recovery in the “new normal” context, said Nguyen Van Sinh, deputy minister of construction. The low-cost […]
Read MoreVietnam has emerged as a popular destination for industrial property projects as increased labour costs, trade disputes and COVID-19 prompt global manufacturers to vary their supply chains throughout Asia, according to CBRE. The US-China trade conflict benefited Viet Nam’s industrial property market in 2019 as manufacturers began shifting production to alternative markets. Average asking rents […]
Read MoreThe Hanoitimes – By being ahead of the curve of the Covid-19 crisis, Vietnam has the unique opportunity to increase its footprint on the global economy, said a World Bank’s senior executive. Although Vietnam’s economy is set to grow 2.8% in 2020, the lowest growth rate over the past 35 years, it will ensure the position […]
Read MoreThe Hanoitimes – As of July 15, budget revenue collection reached VND697.5 trillion (US$30.17 billion), equivalent to 46.1% of the year’s estimate. Vietnam recorded a state budget deficit of VND101.1 trillion (US$4.37 billion) in the year to July 15, 2020, a stark contrast from a budget surplus of VN114.84 trillion (US$4.96 billion) in the same period […]
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