The Hanoitimes – What investors see and find most captivating about Vietnam`s banking system is that there is an untapped opportunity. Foreign investors are targeting Vietnamese consumer finance companies, even poorly-performing ones, to enable themselves to rapidly enter the local fruitful financial market. Japan’s Aeon is the latest investor to show their interest in the Vietnamese […]
Read MoreThe Hanoitimes – In 2018, manufacturing remained the driving force of the economy with an increase of 12.98% year-on-year, contributing 2.55 percentage points to Vietnam’s 10-year high economic growth of 7.08%. The manufacturing sector ended 2018 being the bright spot of Vietnam’s economy, and is expected to achieve higher growth this year amid uncertainties surrounding the […]
Read MoreThe Hanoitimes – Vietnam and Thailand are experiencing a boom in mobile payments as more people use e-wallets to pay for goods and services. Governments across Southeast Asia are pushing ahead with efforts to create cashless economies, with less developed countries such as Vietnam and Thailand leapfrogging richer ones like Singapore and Malaysia in electronic payments, […]
Read MoreSINGAPORE (REUTERS) – Malaysia’s AirAsia Group Bhd has cancelled plans to enter Vietnam’s crowded aviation market, but said it was still keen on operating a low-cost carrier in the country. The Malaysian budget airline, in a statement on Wednesday (April 17), said it had ended an agreement with Gumin Company Ltd and Hai Au Aviation […]
Read MoreThe Hanoitimes – With 40% of the population below the age of 24 and their greater propensity for digital technology, many of these younger consumers are driving the rapid expansion of Vietnam’s e-commerce market. Vietnam’s e-commerce market is estimated to reach US$15 billion by 2025, second only to Indonesia in the Southeast Asia region, according to […]
Read MoreThe Hanoitimes – Some 100 state firms would be subject to privatization in 2019, while the number slated for state divestment is 193. Vietnam’s state-owned enterprises (SOEs) contributed 26 – 28% to the country’s GDP in 2018 and made up 24.82% of the state budget revenue, VnEconomy reported. As of the end of 2018, Vietnam has […]
Read More
Thailand
