Members of the Vietnam Automobile Manufacturers’ Association (VAMA) logged their August vehicle sales at 30,846, a month-on-month increase of 2% and a year-on-year surge of 247%. VAMA reported on September 13 that of the total, the sale of passenger and special-purpose vehicles expanded by 9% and 21%, respectively; while that of commercial vehicles saw a […]
Read MoreMergers and acquisitions (M&A) in Vietnam sustained its strong pace in the first six months of 2022 with a total value of $4.97 billion. Despite emerging from the pandemic, Vietnam’s M&A sector had a strong start to the year. Du Vinh Tran, EY’s Indochina strategy and transactions leader, said: “In the Vietnamese market, we still […]
Read MoreA number of fruits grown in Vietnam have successfully entered high value and challenging markets and the country is constantly seeking ways to beef up its economic power via fruit exports. About half a century ago, Vietnamese families could only dream of having sufficient food to eat, facing dreadful famines and malnutrition. It may be […]
Read MoreCarrying out wage reform is one of the urgent solutions National Assembly Deputy Ta Thi Yen has proposed to retain staff amid the mass departure of state officers for the private sector. Deputy Head of the National Assembly Standing Committee’s Board for Deputy Affairs Ta Thi Yen told VietNamNet that it is regrettable that state […]
Read MoreVietnam is now a destination for many foreign investors, including those from the world’s five largest economies. According to the International Monetary Fund (IMF), in 2021, the United States took the lead for nominal GDP with $22,940 billion, followed by China with about $16,863 billion, Japan $5,103 billion, Germany $4,230 billion and the UK $3,108 […]
Read MoreThe State Bank of Vietnam (SBV) has said it has adjusted the credit growth rate limits of some commercial banks in 2022. As usual, the adjustments were not made public. Why is there a credit growth limit? The granting of credit limits to credit institutions is implemented based on a number of technical criteria stipulated […]
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