While investors tend to withdraw capital from emerging markets and frontier markets, Vietnam is still the destination of foreign investors with foreign indirect investment (FII) in the first half of this year reaching $1.28 billion. According to State Securities Commission (SSC) chairman Tran Van Dung, from 2016 to last year, foreign investors have continuously been […]
Read MoreThe Hanoitimes – The US$24.5-million plant is expected to commence production of polyvinyl chloride (PVC) gloves production mid-2020, with an estimated capacity of four billion gloves a year. Malaysia’s Top Glove will open its first Vietnam factory next year as the world’s largest glove maker boosts production to meet a surge in demand for hygienic […]
Read MoreThe Hanoitimes – Looking ahead to the longer term, Vietnam will face risks related to aging, climate change, and digitalization. The International and Monetary Fund (IMF) has named five factors expecting to lay the foundation for Vietnam’s economic outlook. Despite rising trade tensions and volatility in emerging economies throughout 2018, Vietnam’s economy saw broad-based growth […]
Read MoreThe Hanoitimes – Sustaining growth was owing to strong inflows of foreign direct investment, up by 27% in the first five months of 2019 from a year earlier. The Asian Development Bank (ADB) maintained its forecast for Vietnam’s GDP growth at 6.8% in 2019 and 6.7% for 2020, making the country the fastest-growing economy in […]
Read MoreThe Hanoitimes – In order to avoid the risks, Vietnamese enterprises are advised to build better business strategies after the US slapped huge tariffs on Vietnamese steel. While Vietnam has been seeing a surge in exports to the US, experts are warning the country about potential risks when shipping to its largest export market in […]
Read MoreThe Hanoitimes – Vietnam’s certification is only a source of reference for US customs, as they have their own measures to check the origin of export products. Electronics and machinery products are made of different components and parts, requiring full transparency regarding products origin in customs documents shown to the US authorities to avoid heavy […]
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