The clinched free trade agreements (FTAs) has opened the door wider for Vietnamese goods to enter foreign markets, helping the country improve trade balance with its trade partners. Before 2007, Vietnam was involved in only two free trade deals as member of the Association of Southeast Asian Nations (ASEAN): the ASEAN-China and the ASEAN- Republic […]
Read MoreMyanmar and Vietnam have agreed to raise bilateral trade and have set a target of exceeding $1 billion in trading value by 2020. The pact was made during State Counsellor Daw Aung San Suu Kyi’s two-day visit to the country on April 19-20, according to a statement from the Ministry of Foreign Affairs. Currently, Vietnam […]
Read MoreThe Hanoitimes – Prime Minister Nguyen Xuan Phuc recently signed a decision to ease regulations on granting guarantee for new domestic and foreign loans taken by enterprises. Under Decision No. 433/QĐ-TTg signed on April 20, the government will only limit its guarantee for new domestic and foreign loans of enterprises to implement their investment projects, instead […]
Read MoreA number of drivers who used to work with the ride-hailing company Uber say they are uncertain about their futures after the company closed here two weeks ago. UberMOTO driver Tien Sy had only worked for the company for a month in Hanoi, but says he feels his whole life has fallen apart now they […]
Read MoreThe Hanoitimes – According to Grant Thornton Vietnam, in the “Vietnam`s Private Investment – Growth Expectations” report, Vietnam is becoming a potential market for consumer products and retails with high and stable economic growth. In 2018, the level of confidence in investment prospects in Vietnam increased significantly compared to 2017, noted Grant Thornton. Vietnam has witnessed […]
Read MoreThe Hanoitimes – As foreign brewers are strengthening their foothold in Vietnamese beer market, domestic businesses are also implementing plans to enlarge the market share. The latest move was seen in Saigon-BinhTay Beer JSC (Sabibeco), an affiliated brewer of Vietnam’s leading beer firm Sabeco. Sabibeco on April 16 kicked off the construction of the VND900 billion […]
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