HANOI: Vietnam won’t devalue the dong to boost exports even as the US-China tension starts to hurt South-East Asia’s trade-reliant economies. “We will keep the dong stable,” Vietnamese Prime Minister Nguyen Xuan Phuc said in an interview with Bloomberg TV’s Haslinda Amin. “That’s our policy.” “Investors, both domestic and international, have been confident in growing […]
Read MoreSpeed and technology have become potent ingredients in Vietnam’s sizzling food delivery market. Vietnam’s food delivery market has been boosted by e-commerce and become fiercely competitive and efficient, with delivery times shortened from one day to two hours then 60 minutes. A report from Havas Riverorchid revealed that 63 per cent of consumers choose “convenience” […]
Read MoreCorona Casino Phu Quoc now welcoming Vietnamese citizens under a three-year trial. The first casino in Vietnam able to welcome Vietnamese citizens, Corona Casino Phu Quoc officially opened on January 19 for a three-year trial under Decree No. 03/2017/ND-CP. Corona Resort & Casino Phu Quoc has investment of nearly $1.1 billion in the first phase […]
Read MoreHANOI: A red-hot economy, business-friendly policies and a Communist party led by free-traders: that’s the elevator pitch Vietnamese Prime Minister Nguyen Xuan Phuc is delivering to global investors amid the US-China trade war. “We are ready to grab the opportunity,” Phuc said in an interview with Bloomberg TV’s Haslinda Amin, a few days before departing […]
Read MoreHANOI — A few years ago, Samsung, a world-leading electronics company, encouraged local Vietnamese firms to produce spare parts for its factories. However, the firm struggled to find Vietnamese suppliers capable of making simple components like screws, chargers and keyboards to adequate standards. This sparked concern about the country’s support industry being unable to meet Samsung’s […]
Read MoreVietnam’s airline VietJet Air is to open routes from Ho Chi Minh City to Denpasar in March and to Jakarta by the end of the year, said VietJet Air managing director Do Xuan Quang during the recent ASEAN Tourism Forum (ATF) 2019 in Jakarta. “I assure [you] that starting March 2019, we will fly to […]
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