The Hanoitimes – Experts attributed the success in the fight against the dollarization in the economy to the central bank’s effective policies, including the zero percent dollar deposit interest rate and the foreign exchange stability. Vietnam’s anti-dollarization policies have taken effect with the level of dollarization in the economy continuing to decline sharply in recent […]
Read MoreDuring the recent Jakarta Car Free Day on 28 July, Indonesia’s Minister of Energy and Mineral Resources, Ignasius Jonan, led a campaign called the National Movement of A Million Solar Roofs (Gerakan Nasional Sejuta Solar Atap) to promote the country’s solar rooftop utilisation. The campaign is an effort to bolster solar installation as listed in […]
Read MoreThe Hanoitimes – If excluding the price factor, the growth rate was 9.03% in the period, higher than an 8.98% rise recorded in the same period in 2018. Total retail sales of consumer goods and services in Vietnam reached an estimated VND3,215.5 trillion (US$138.33 billion) in the first eight months of 2019, up 11.5% against the […]
Read MoreThe Hanoitimes – With manufacturing moving to Vietnam, with more employment getting created there, people having higher disposable income, that starts a trend of consumption story, said executive at US investment firm General Atlantic. The prolonged US – China trade war is reordering the global supply chain and Vietnam could stand to be a winner for […]
Read MoreAlphabet Inc’s Google is shifting its Pixel smartphone production to Vietnam from China starting this year as it builds a cheap supply chain in Southeast Asia, the Nikkei business daily reported on Wednesday. The move comes as labour costs are rising in China along with added pressure from spiralling tariffs due to the ongoing Sino-US trade tensions. […]
Read MoreThe Hanoitimes – Inefficient border procedures are preventing Vietnam from improving its trade competitiveness. Vietnam’s customs authority on August 27 had a meeting with the US Agency for International Development (USAID) to discuss the implementation of the trade facilitation program (TFP) project backed by the latter, focusing on boosting efficiency in specialized inspection on trade activities. […]
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Thailand
