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Covid-19 to benefit Vietnam’s long-term economic prospects: VinaCapital

The Hanoitimes – VinaCapital estimated Vietnam’s GDP growth would decline by three percentage points this year to 4% from 7.02% in 2019. VinaCapital, Vietnam’s major asset management firm, is of the view that the Covid-19 pandemic will ultimately benefit Vietnam’s economic prospects. In recent years, multinationals like Samsung, LG Group, and a plethora of Japanese manufacturers […]

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Vietnam PM approves customs cooperation agreement with US

The Hanoitimes – The agreement would protect lawful rights of the business communities in Vietnam and the US, promoting greater trade relations. Prime Minister Nguyen Xuan Phuc has signed a resolution approving the Customs Mutual Assistance Agreement (CMAA) between Vietnam and the US which aims to further strengthen bilateral cooperation on security and the facilitation of […]

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US and Vietnam sign agreement to strengthen Vietnam’s economic competitiveness

The Hanoitimes – The agreement will facilitate small businesses’ access to competitiveness-enhancing technology, business management skills, and capital, The United States Agency for International Development (USAID) and Vietnam’s Ministry of Planning and Investment (MPI) on Wednesday virtually signed a US$42 million agreement to advance Vietnam’s economic competitiveness, through strengthening private sector competitiveness, innovation and startup ecosystems, […]

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Vietnam gov’t to look into Mobile Money project this month

The Hanoitimes – The banking authority has worked with relevant ministries and branches in launching direct carrier billing service. The State Bank of Vietnam (SBV), the country’s central bank, will submit the Mobile Money project to the government by the end of this month after completing the pilot scheme allowing online purchases with mobile devices. In […]

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