The Hanoitimes – Vietnam’s exports in January surged over 50% against the same period of last year. Vietnam recorded an estimated trade surplus of US$1.3 billion in January, as Samsung boosted exports of its new flagship smartphone model S21, the General Statistics Office (GSO) has said in a monthly report. On breaking down, the domestic-invested sector […]
Read MoreThe Hanoitimes – The local authorities have taken measures to remove difficulties for import and export activities. The Vietnam Maritime Administration has requested the Ministries of Transportation, Industry and Trade, and Finance to launch an investigation into the rise in freight rates surcharge of shipping lines to Europe and the US. The request was made following […]
Read MoreThe Hanoitimes – Singapore was the largest investor in the first month of 2021 in Vietnam with an investment capital of US$680.7 million, or 33.8% of the total. Disbursement of foreign direct investment (FDI) capital in Vietnam reached US$1.51 billion in January, representing an increase of 4.1% year-on-year, a report of the Foreign Investment Agency (FIA) […]
Read MoreThe Ministry of Planning and Investment (MPI) has warned about the increasing use of foreign peer-to-peer (P2P) lending in Vietnam with potential risks of black credit. According to a draft report on the impact of the shared economy that MPI sent to ministries and ministerial-level agencies, P2P lending first appeared in Vietnam in 2016 in […]
Read MoreAfter a decade of stable growth, the central region’s tourism and services triangle of Thua Thien-Hue Province, Da Nang City and Quang Nam Province faced poor growth in 2020 due to the COVID-19 pandemic. Reports on the region unveiled at year-end meetings saw COVID-19 blamed for creating the most difficult time for the region in 2020, with problems […]
Read MoreThe Hanoitimes – A stable macro-economic environment is essential for Vietnam to ensure economic independence and boost its resilience against external shocks. The State Bank of Vietnam (SBV) will stand firm on the goals of putting the inflation under control and keeping stable macro-economic conditions. “This is key to enhance the country’s economic independence and resilience […]
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