The Hanoitimes – Vietnam`s consumer finance industry grew at a compound annual rate of 41% between 2013 and 2017 on the back of higher personal income and greater penetration of services. The Vietnamese central bank’s recently-proposed stricter regulations on personal unsecured lending by consumer finance companies is credit positive for the Vietnamese finance companies, Moody’s Investors […]
Read MoreThe Hanoitimes – The ADB report highlights the primary external risk to the economy is the faster-than-expected slowdown of the major economies, including the European Union, the US, and China, Vietnam’s main export partners. With growth in the global economy and world trade projected to slow, ADB forecasts that Vietnam’s economic growth will moderate but remain […]
Read MoreThe Hanoitimes – In 2018, fewer citizens said they need bribes for state employment, public health care, primary education, or construction permits, continuing the steady decline seen in 2017. Corruption control in Vietnam public sector improved remarkably: PAPI 2017 An annual report has shown general improvement in provincial and local government governance in Vietnam, with Vietnamese […]
Read MoreVIETNAMESE companies should further invest in and trade with Asean member countries like Myanmar, Thailand, Laos, and Cambodia, a forum heard in Ho Chi Minh City on Thursday. Vietnam Chamber of Commerce and Industry (VCCI) vice-president Vo Tan Thanh told the Southeast Asia Outbound Investment Forum: “Thailand is Vietnam’s largest trading partner among Asean countries, […]
Read MoreThe Hanoitimes – As for poorly-performing banks, prestigious foreign banks should be permitted to buy up to 100 per cent of the banks’ charter capital. The Vietnamese government should increase the foreign ownership ratio in local banks to facilitate the institutions to lure luring capital and governance experiences from prestigious foreign banks, experts proposed. Under a […]
Read MoreThe Hanoitimes – Vietnamese firms have weathered the recent slowdown in global trade and were able to continue to secure greater new order volumes and expand production. The headline Nikkei Vietnam Manufacturing Purchasing Managers’ index (PMI) – a composite single-figure indicator of manufacturing performance – posted 51.9 in March, up from 51.2 in February and signaling […]
Read More
Thailand
