Vietnam’s largest private conglomerate Vingroup began selling its Vsmart phones in Myanmar Wednesday as part of its global expansion strategy. Four Vsmart phone models will be distributed through 1,500 stores of Myanmar’s major electronics retailer Strong Source, Vingroup said in a statement. The company will also cooperate with two online retailers: Mytel, a subsidiary of […]
Read MoreThe Hanoitimes – The country plans to need about US$480 billion for infrastructure investment by 2020, with additional projects in the pipeline including about 1,380 km of highway and around eleven power plants. Transport projects in Vietnam will be more attractive to foreign investors if new supporting policies are applied as seen in the North-South expressway […]
Read MoreThe Hanoitimes – Core inflation in the first five months picked up 1.85% year-on-year. Vietnam’s consumer price index (CPI) saw an increase of 0.49% in May against the previous month, up 1.5% versus the end of 2018 and 2.88% year-on-year, according to the General Statistics Office (GSO). This resulted in an increase of 2.74% year-on-year for […]
Read MoreVietnamese airline Vietjet Air on Wednesday completed its inaugural flight on the new direct route connecting Ho Chi Minh City and Denpasar, with the Indonesian government saying that the new route was expected to boost tourist arrivals from Vietnam to the country’s primary destination of Bali. Marketing development undersecretary Rizki Handayani of the Tourism Ministry appreciated Vietjet Air’s move to open […]
Read MoreThe Hanoitimes – Phones and parts recorded the highest export turnover of US$19.9 billion during the five-month period, accounting for 19.7% of total exports and up 3% year-on-year. Vietnam reported an estimated trade deficit of US$1.3 billion in May, leading to a deficit of US$548 million in the five months period while the country had an […]
Read MoreHANOI (AFP) – From socks and sneakers to washing machines and watches, Asian countries are hoping the United States (US)-China trade war will permanently boost manufacturing as brands dodge the row by choosing cheaper locations to make their goods. Business has fanned out from China, often referred to as the ‘Factory of the World’, into […]
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Thailand
