The Hanoitimes – In five years, Vietnam’s contribution to total revenue of Central Retail, a subsidiary of Central Group, is predicted to rise from the current 17% to 25%. Central Retail, a subsidiary of Thailand’s retail conglomerate Central Group, is expected to expand business activities in Vietnam after raising a record high of US$2.46 billion from […]
Read MoreThe Hanoitimes – The increased total limit of US$294 million will enable these banks to improve their capacity to cover payment risk in granting trade financing to local companies, mostly small and medium enterprises. The International Finance Corporation (IFC), a member of the World Bank Group, has increased trade finance limits for Vietnamese banks as a […]
Read MoreThe Hanoitimes – Vietnam’s localization rate for passenger cars of under nine seats is 7 – 10%, much lower than the target of 35 – 45% set for the car industry 20 years ago. Vietnam’s car market ranks fourth in the Southeast Asia in terms of sale s volume and domestic production capacity, according to Asean […]
Read MoreThe Hanoitimes – In the next five years, Vietnam’s contribution will rise to 25% from the current 17% to revenue of Central Retail, said the company’s CEO. Vietnam is a focus market for Central Retail, a subsidiary of Thailand’s retail conglomerate Central Group, after its record IPO of US$8.1 billion, according to Nikkei Asian Review. The […]
Read MoreVietnam is the fastest-growing digital economy in the region, in large part due to investment inflow which is still on an unprecedented rise. Over the last four years, approximately US$1 billion in funding has poured into Vietnam’s e-commerce sector, reaching a record high in 2019. At the same time, the last two years has seen the […]
Read MoreThe Hanoitimes – Experts believed European investors would eye Vietnamese banks which have some good criteria. It has been easier for foreign investors to pour into Vietnamese banks under the country’s commitments in free trade agreements. Under the EU-Vietnam Free Trade Agreement (EVFTA) ratified recently by the European Parliament, Vietnam and the EU have committed to […]
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Thailand
