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59% of Vietnamese firms switch to digital platforms

In Vietnam, over half of businesses have turned to digital platforms to adapt to the new context amid the Covid-19 pandemic. Shawn Tan, economist from the World Bank’s Finance, Competitiveness and Innovation Global Practice, said the digital economy is becoming more important, especially amid the pandemic. “Digital technologies allow businesses to better adapt to the […]

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Vietnam no longer labeled as currency manipulator: US Treasury

The US Treasury of Department would continue its enhanced engagement with Vietnam. There is insufficient evidence to make a finding that Vietnam manipulates its exchange rate for purposes of preventing effective balance of payments adjustments or gaining unfair competitive advantage in international trade. US Department of Treasury made the statement in its latest report on […]

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