The Hanoitimes – Under the revised regulation, local oil and petrol traders are now allowed to transfer their stakes to foreign investors but foreign ownership should not exceed 35%. Vietnam’s Ministry of Industry and Trade (MoIT) has proposed the government to allow foreign investors to join the local petroleum retail market, local media reported. The move […]
Read MoreDespite a five-year high in first-half consumer price index, Vietnam is expected to bring inflation under control this year due to feeble demand for production and consumption, as well as shrunken demand in global markets. Dang Duc Anh, vice director of the National Centre for Socio-Economic Information and Forecast (NCIF), told VIR that though the […]
Read MoreVietnam’s new immigration law includes a new type of visa for foreigners who come to Vietnam to conduct activities as part of international agreements Vietnam has signed. The change is expected to facilitate the implementation of new agreements that Vietnam has signed such as the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection […]
Read MoreAs demand is weak, the goal of curbing the inflation rate at below 4 percent is reachable. The concern now is that people do not want to borrow capital, according to Can Van Luc from BIDV. The General Statistics Office (GSO) reports that the CPI increased by 0.66 percent in June compared with May, the […]
Read MoreTruong Hai Auto Corporation (THACO), a leading automaker in Vietnam, has sold 80 Kia Grand Carnival cars to Thailand. It is the second batch of passenger cars that THACO has exported to Thailand, the Southeast Asia’s biggest auto hub, in 2020. Previously, the company delivered 40 of the same cars to Thailand in February. The […]
Read MoreThe Hanoitimes – Vietnam is looking for cooperation with French companies in fields of renewable and green energies, hi-tech, agriculture, manufacturing and processing. With the enactment of the EU – Vietnam Free Trade Agreement (EVFTA) and the EU – Vietnam Investment Protection Agreement (EVIPA), it is expected that more European businesses, French ones included, will be looking […]
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Thailand
