During the fourth wave of the Covid-19 pandemic from June until September 2021, several fashion brands began to gradually move production and orders away from Vietnam. This decision was made so as to reduce transport costs and adjust to the disruption in the supply chain, which has become a serious concern for many export-import businesses. […]
Read MoreVietnam Airlines is planning to resume regular international flights linking Vietnam with 15 countries and territories in the first half of 2022. The resumption will be carried out in two phases and depend on relevant agencies’ approval. In the first phase, scheduled to begin on January 1 next year and last for about two weeks, […]
Read MoreUnder the current regulations on foreign investors buying shares of Vietnamese banks, the total share ownership rate of foreign investors must not exceed 30 per cent of the charter capital of a bank. Many banks expect the participation of foreign strategic shareholders will help them increase capital and improve governance capacity and competitiveness, but the […]
Read MoreOnly Japan has officially agreed with Vietnam’s plan to resume regular international flights starting next year with four flights a week, the Civil Aviation Authority said on December 23. Vietnam is eyeing restoring air links from January 2022 to nine destinations with a high level of epidemiologic safety: Beijing/Guangzhou (China), Tokyo (Japan), Seoul (the Republic […]
Read MoreTrade turnover this year could be well over US$667 billion, representing an increase of 22.4% year-on-year, which resulted in a surplus of $3 billion. Vietnam’s exports in 2021 are estimated at US$335.23 billion, representing a sharp rise of 18.6% year-on-year and surpassing the Government’s target of 4-5% for this year. In December, the export turnover […]
Read MoreVietnam has been discussing with other countries on measures to facilitate people’s travel, restore economic and trade activities. Vietnam should exempt quarantine for double-dosed passengers and those recovering from the disease, or having negative PCR results for SARS-CoV-2, in order to promote exchanges and restore economic cooperation and travel. It was the proposal of foreign embassies in Vietnam at the meeting […]
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