Cambodia and Vietnam last weekend signed several memorandums of understanding (MoUs), according to a joint statement issued by Cambodia’s Ministry of Foreign Affairs and International Cooperation on Saturday. The MoUs were signed during Prime Minister Hun Sen’s two-day visit to Vietnam on Friday and Saturday. Four of the MoUs were aimed at boosting bilateral investment […]
Read MoreVietnam seems to be the consensus pick for winner of the US-China trade war, as Chinese and other manufacturers shift production to the cheaper South-East Asian nation. If there’s a loser, at least in terms of missed opportunities, it may be the countries of South Asia. To understand why, remember that the trade war has […]
Read MoreThe Hanoitimes – The rising vehicle imports are posing huge competitive pressure on domestically-produced vehicles. Vietnam will lead Asia in vehicle sales this year as the region’s sales are forecast to decline due to weakening outlook in its biggest auto markets, analysts forecast. According to analysts from financial information services provider Fitch Group, total vehicle sales […]
Read MoreThe Hanoitimes – Vietnam’s upcoming strategy on Industry 4.0 would focus on building an e-government towards the goal of digital government for greater transparency and efficiency. The nature of the Fourth Industrial Revolution, or Industry 4.0, is an institutional revolution, according to Nguyen Van Binh, Politburo member and head of the Party Central Committee’s Economic Commission. Resolution […]
Read MoreThe Hanoitimes – To date, Saigon Beer Alcohol Beverage Corp (Sabeco) only has two major shareholders, including Vietnam Beverage with a 53.59% stake and the Ministry of Industry and Trade (MoIT) being state capital representative at the brewer with 36%. The rumors that shares of Vietnam’s major brewer Saigon Beer Alcohol Beverage Corp (Sabeco) have been […]
Read MoreThe Hanoitimes – Devaluing the dong must take into account trade turnover, foreign debt, current account, so as to ensure the highest national interest and stability of the market, according to the State Bank of Vietnam. Vietnam would not consider using the USD/VND exchange rate as a tool to boost exports, but taking into account a […]
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