The Bank of Thailand has initiated a cross-border fund transfer with Cambodia, Laos, Myanmar and Vietnam (CLMV) by scanning QR codes in a move to facilitate deeper integration in the region. The money transfer service will help lower fund transfer costs in the region, particularly CLMV migrant workers in Thailand who are now charged 10% of […]
Read MoreThe Hanoitimes – There should be appropriate incentives and conditions for Vietnamese enterprises to acquire foreign invested companies, enabling the former to obtain new technologies and move up in the global value chain, the Ministry of Planning and Investment (MPI) informed. The private sector holds significance for Vietnam’s economy, while the FDI sector only accounts for […]
Read MoreHAIPHONG, Vietnam: At a time when auto companies in the developed world are facing a squeeze on their profits from cash-rich tech firms, Vietnam is betting car-making can be a ticket t o a more prosperous economy, just as it was for the likes of Japan and South Korea. VinFast, a unit of Vietnam’s largest […]
Read MoreThe Hanoitimes – Vietnam’s economy is projected to continuously maintain good performance next year with GDP to expand roughly 6.8 percent despite both internal and external challenges. The Ministry of Planning and Investment (MPI) has recently forecast GDP to rise by 6.6-6.8 percent in 2019 after the country’s economic growth reportedly hit eight-year high of 6.98 […]
Read MoreThe Hanoitimes – Vietnam should further promote the transparency if it wants to attract more FDI inflow from the world’s leading investors, especially those from the US and EU, into high-tech and modern services sectors, experts suggested. Though Vietnam has gained a large amount of FDI over the past three decades, the inflow from the US […]
Read MoreThe Hanoitimes – The move is necessary for Vietnam Electricity to cover an incurred cost of VND20.73 trillion (US$892.18 million) in the 2018 – 2019 period, stated the Ministry of Industry and Trade (MoIT) on its website. Power prices in Vietnam would remain unchanged in the remaining months of 2018 following the instruction of Prime Minister […]
Read More
Thailand
