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Vietnam spends US$60 million importing cars last week

The Hanoitimes – From August 24 to 30, Thailand and Indonesia exported 2,188 and 716 units to the Vietnam`s market, respectively, accounting for 94% of total cars imported to Vietnam. Vietnam imported 3,089 cars worth US$59.27 million from August 24 to 30, more than double the amount of 1,116 cars worth US$26.66 million imported in the […]

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Vietnam manufacturing sector grows solidly during August

The Hanoitimes – The health of the sector has now strengthened in 33 successive months. The headline Nikkei Vietnam Manufacturing Purchasing Managers’ index (PMI) posted 53.7 in August, signaling a further solid improvement in business conditions, according to Nikkei and HIS Markit. A reading below the 50 neutral mark indicates no change from the previous month, while […]

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Japan Uniqlo to open first store in Vietnam in 2019

The Hanoitimes – Uniqlo will begin recruiting local talent as it prepares to open its store in “one of the region`s most exciting, high-growth economies,” it claimed. Uniqlo, the Japanese global apparel retailer, on August 30 announced its launch in Vietnam, with plans to open its first store in Ho Chi Minh City during fall 2019, […]

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PetroVietnam to delay divesting stake at gas supplier PV Gas

The Hanoitimes – Instead of divesting at PV Gas, state-run Vietnam Oil and Gas Group (PetroVietnam) will focus on divesting stake at other subsidiaries. PetroVietnam plans to delay divesting state at its subsidiary energy firm PetroVietnam Gas (PV Gas) beyond 2020, VnExpress reported.  The move is part of PetroVietnam’s restructuring plan in the 2017 – 2025 […]

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