The Hanoitimes – Experts are upbeat about the Vietnamese insurance industry’s health in the coming years, forecasting it would maintain an annual double digit growth rate. Positive outlook with a plenty of room for insurers to improve earnings in the coming time is making Vietnam’s insurance industry more attractive to foreign investors. According to experts, Vietnamese […]
Read MoreThe Hanoitimes – There could be another wave of investment capital to Vietnam in 2020 in anticipation of the enactment of the EU – Vietnam Free Trade Agreement, as well as impacts of the US – China trade war, leading to a surge in imports of equipment, machinery and input materials, said Minister of Industry and […]
Read MoreThe Hanoitimes – The 154 trade probes against Vietnamese goods are initiated in 19 countries and territories, including the US with 30 cases, Turkey with 21, India with 20 and the EU with 14, among others. Vietnam’s Ministry of Industry and Trade (MoIT) initiated 15 trade probes against foreign goods, while Vietnamese exports are subject to […]
Read MoreThe Hanoitimes – According to the service commitments form of the WTO, Vietnam did not commit to allow foreign invested enterprises to conduct drug distribution services. Though having import licenses, multi-national corporations are finding it hard to trade drugs in the Vietnamese market due to the country’s strict regulations. Zuellig Pharma Vietnam (ZPV) is facing obstacles […]
Read MoreThe Hanoitimes – Though the current legal regulations allow foreign investors to fully own a local firm, the investors still face hindrances to pour funds into some conditional business lines. The State Securities Commission (SSC), the country’s stock market watchdog, will study and submit to the Ministry of Finance more open policies for foreign investors with […]
Read MoreThe Hanoitimes – The slow growth comes mainly from state-owned banks, which have become more stringent on their loan disbursements. Based on the current pace and credit growth of commercial banks, Vietnam’s credit growth is projected to reach 13.2% this year, lower than the 14% target. If this is the case, that will be the lowest […]
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