The Hanoitimes – Being the deal’s co-founder, Vietnam has the rights to accept or refuse a third country joining the CPTPP, while future participants could not propose too many new clauses to the deal as they must accept existing conditions. The Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) would give Vietnam an upper hand in negotiating trade […]
Read MoreThe Hanoitimes – Quality of lending to real estate sector could be rigorously monitored from 2019. The authority aims at directing capital flows towards manufacturing and business sectors and reducing capital flows into risky non-production sectors, including real estate, according to Bao Viet Securities Company (BVSC). Under this circumstance, quality of lending to real estate sector […]
Read MoreThe Hanoitimes – Despite global growth slowdown in 2019, Vietnam is expected to grow at 6.5% year-on-year whereas inflationary pressures are likely to remain benign and well below the State Bank of Vietnam’s (SBV)`s 4% ceiling at 3.4% year-on-year. In its recent report, British bank HSBC expected depreciation pressures on the Vietnamese dong (VND) to be […]
Read MoreHANOI — The Trade Promotion Department under the Ministry of Industry and Trade said it will focus on innovative campaigns to expand export markets. The department will also ramp up advertisement activities to make Vietnamese brands better known abroad. It will also hold training courses and consult industry associations on trade promotion activities and teach enterprises […]
Read MoreTHUA THIEN-HUE — Kim Long Nam JSC has received approval in principle from the People’s Committee of Thua Thien – Hue to develop an auto manufacturing – assembly complex in the Chan May – Lang Co Economic Zone. The Kim Long Motors Hue complex spans approximately 160ha, with its first phase costing some VND3.33 trillion […]
Read MoreHANOI — Vietnam has been named among the 60 most innovative economies in the world by the 2019 Bloomberg Innovation Index. South Korea continues to stand in first place, followed by Germany. A number of other emerging economies appeared in Bloomberg’s rankings for the first time, including the United Arab Emirates, India, Mexico and Saudi Arabia. Vietnam’s total score was 45.92 points, […]
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