The Hanoitimes – In addition to the ratification of new laws, Vietnam’s participation in high-standard FTAs ensures the country’s status among attractive investment destinations, Prime Minister Nguyen Xuan Phuc has said. Vietnam’s market is big enough to match ambitious investment plans of global companies, especially those from Japan, to diversify their supply chains, Prime Minister Nguyen […]
Read MoreThe Hanoitimes – Only 2% of enterprises in Vietnam are immune from the pandemic. Around 47% of 400 enterprises in Vietnam surveyed by the Private Economic Development Research Board (Board IV) in mid-August said they were forced to lay off workers during the Covid-19 resurgence in Danang and other localities in late July. Notably, 33% of […]
Read MoreThe Hanoitimes – In addition to a weakening US dollar, the ample supply of dollars thanks to Vietnam’s record trade surplus is a major factor that could keep a stable USD/VND exchange rate. The USD/VND exchange rate in the last four months of the year is expected to remain stable, thanks to a weakening US dollar, […]
Read MoreThe Ministry of Public Works and Transport (MPWT) is seeking to open a new international border gate with Vietnam to facilitate container cross-border traffic between the two countries, according to an MPWT official. Nou Savath, secretary of state at the Ministry of Public Works and Transport, said, during the 20th Cambodia-Japan public-private sector meeting that […]
Read MoreCar imports in Vietnam have increased again after a long slump caused by the impact of Covid-19. Thailand and Indonesia have been the biggest sellers. The General Department of Customs (GDC) reported that in July, Vietnam imported 4,761 CBU cars of different kinds, an increase of 34 percent over the month before. This included 1,698 […]
Read MoreOnline shopping and electronic payments in Vietnam have become more common in recent years as more of the country’s population gains access to the internet, and e-commerce in the 95 million-strong market is set to enter a rapid growth phase in the near future, according to industry experts. Dao Duong Thanh, development director at Moca, […]
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