The Hanoitimes – Car sales in Vietnam in the January–September period dropped 22% year-on-year to 179,155 units across all segments. The number of cars sold in Vietnam increased by 32% month-on-month but slipped 2% year-on-year to 27,252 units in September, a significant improvement compared to a 14% decline in the sales volume in August, according to […]
Read MoreThe Hanoitimes – Glenn Hughes, head of LOGOS Vietnam Logistics Venture, told Hanoitimes about his company’s opportunities and plan to contribute to the modernization of Vietnam’s logistics property sector. How do you see the impacts of Covid-19 on the logistics property industry in Vietnam? Why did the company decide to establish the new Vietnam Venture in […]
Read MoreThe Hanoitimes – The country would remain the only one with positive growth among five major economies in ASEAN, and its economic growth would rebound to 6.7% in 2021. The International Monetary Fund (IMF) has revised down its forecast for Vietnam’s GDP growth to 1.6% in 2020 from a previous estimate of 2.7% in June. Vietnam, […]
Read MoreThe Private Economic Development Research Board, under the Advisory Council for Administrative Procedure Reform, has proposed a 30% reduction in corporate income tax for all businesses this year. The proposal is faced with mixed reactions, however. The author of this article, from another angle, also believes it is not plausible. Specifically, according to the Private […]
Read MoreVietnam has missed some economic development opportunities and should not ignore the chance to grow the night-time economy, according to economist Tran Dinh Thien. Thien was speaking at a night-time economy workshop with the focus on tourism and realty development in the southern province of Khanh Hoa last weekend. “Vietnam is a bright spot in the […]
Read MoreThe Hanoitimes – While Vietnam is at risk of being listed as currency manipulator by the US, such a risk appears low, as the US will likely continue to reduce its dependence on Chinese exports by reorganizing its supply chain with other partners. In the short-term, the State Bank of Vietnam (SBV)’, the country’s central bank, […]
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