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Vietnam-Cambodia trade up 64 percent in two months

According to the Vietnamese trade affairs office in Cambodia, Vietnam exported $728.4 million worth of goods to the neighbouring country in the period, a rise of 8.6 percent, while importing more than $603 million, up 335 percent. Vietnam mainly shipped steel, oil and gas, garment-textiles, consumption goods, and other agricultural products like fish, meat and […]

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Casino investment to boost Vietnam GDP growth by 2%, says businessperson

Global uncertainties are forcing financial centers around the world to redefine their activities, as such, Vietnam should grasp this opportunity to build a continental-level finance center to attract investment capital. Investment from Las Vegas-based casino and resort group Global Gaming Asset Management (GGAM) is estimated to boost Vietnam’s GDP growth by 2%. “A casino project […]

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Thailand, Vietnam boost retail payment through QR codes

The cross-border QR payment service will facilitate consumption and payments for both countries’ consumers. Under an interoperable payment QR code scheme, tourists from Thailand could scan QR codes displayed at stores in Vietnam to pay for goods and services, while Vietnamese travelers in Thailand could the same.  In the first phase of the project, Thai […]

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FDI commitments in Vietnam surge 18.5% in Q1

Disbursement of the foreign capital inflow rose by 6.5% to US$4.1 billion during the January-March period. Foreign Direct Investment (FDI) commitments during the first quarter of 2021 surged by 18.5% year-on-year to US$10.13 billion, a report of the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment has shown. Meanwhile, disbursement of the foreign […]

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