The Hanoitimes – Covid-19 has severely hampered the Vietnamese manufacturing sector in February, both on the demand and supply side. The headline Nikkei Vietnam Manufacturing Purchasing Managers’ Index (PMI) fell below the 50 no-change mark in February, signaling a deterioration in business conditions and representing the first decline in over four years, according to Nikkei and […]
Read MoreThe Hanoitimes – Vietnam, with its young demographic, growing incomes and large population, is considered a hugely promising market for retailers. Robust economic growth, rising incomes and retail sales increasing at the fastest rate in four years are making overseas retailers rush to set up outlets in Vietnam and expand quickly to tap the market. Miki […]
Read MoreThe Hanoitimes – Vietnam targets by year 2025, to have 50% of its small and medium enterprises shifting to digital platforms and to create at least 100,000 digital technology enterprises. Vietnam is now one of the most attractive investment markets with its global innovation index constantly increasing, strong economic growth, growing middle class and high technology […]
Read MoreThe Hanoitimes – ‘Made in Vietnam’ Pixel phones and Surface laptops from Google and Microsoft are expected to start shipping in the first half of 2020. Google and Microsoft are accelerating efforts to shift production of their new phones, personal computers and other devices from China to Vietnam amid the worsening Covid-19 epidemic, Nikkei Asian Review […]
Read MoreThe Hanoitimes – Despite huge interest, German healthcare companies face challenges to access the Vietnamese market. A recent survey has revealed Vietnam is an attractive investment destination for German companies in the healthcare sector, especially when the EU-Vietnam Free Trade Agreement comes into effect in July 2020. German multinational companies and German SMEs confirmed their interests […]
Read MoreThough motorbike sales in Vietnam ranked second in ASEAN last year, domestic demand showed a decline against regional growth. The country recorded 3.27 million units sold, second to Indonesia at 6.53 million, according to Italy-based market research firm Motorcycles Data. Vietnam’s figure was almost twice that of third-ranking Thailand with 1.73 million units sold. unitsMotorbike […]
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