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Vietnam’s 6 sectors projected for breakthroughs in investment in 2019

The Hanoitimes – These sectors include two emerging sectors in the form of fintech and e-commerce, and four traditional sectors, including education, green energy, healthcare & pharmaceuticals, transportation & logistics. Grant Thornton’s “Private Equity in Vietnam” report has revealed six attractive private equity investment sectors in Vietnam for 2019 and subsequent years. E-commerceVietnam’s e-commerce growth rate […]

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Vietnam records 5-year high of newly established enterprises

The Hanoitimes – If including VND987.4 trillion (US$42.12 billion) of additional capital pumped by operational enterprises, the total registered capital channel into the economy in the first five months of 2019 was VND1,657.1 trillion (US$70.69 billion). Vietnam has seen a total of nearly 54,000 enterprises registered for new establishment in the first five months of 2019, […]

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Popularity of smart townships in Vietnam offers chances for investors

The Hanoitimes – Rising demand for smart townships would enable investors to change the Vietnamese real estate landscape. The popularity of smart townships in Vietnam becomes stronger following the fast-growing demand among young people, resulting in changes in the local property market.  The situation could offer different options for buyers, therefore, enable investors to change the […]

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Singapore, Malaysia, Vietnam added to US currency watchlist

SINGAPORE: The US Treasury added Singapore, Malaysia and Vietnam to a watchlist for currency manipulation, putting their foreign-exchange policies under scrutiny. Singapore made the list because of its large current account surplus and net foreign currency purchases of at least $17 billion in 2018, equivalent to 4.6% of GDP, according to the Treasury. Malaysia was […]

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Cash is still king for most of Vietnamese citizens

HANOI: Vietnam may be one of the world’s fastest-growing economies, yet it’s still in the dark ages when it comes to joining the global trend toward cashless transactions.  To understand why, look no further than to consumers like Tran Van Nhan, who recently bought his two-bedroom home in Hanoi with gold and a sack of […]

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Vinamilk, Lao-Jagro partner in organic dairy farm and resort

Vinamilk, Vietnam’s largest dairy company, has teamed up with Lao and Japanese businesses to build an organic dairy farm and resort in Xieng Khuang province.  Construction of the project officially kicked off on the Xieng Khuang plateau last week.  The groundbreaking ceremony was attended by Deputy Prime Minister Dr Sonexay Siphandone, senior officials from Laos […]

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