Vietnam’s acting minister of information and communications, Nguyễn Mạnh Hùng, said today that Vietnam, as an emerging economy, would be able to take advantage of the fourth industrial revolution, even though the country missed the first three. “The future does not depend on the past in this new era. Developing countries have fewer facilities from […]
Read MoreThe government aims to increase trade with Vietnam to US$10 billion annually from $6.8 billion, last year, with President Joko “Jokowi” Widodo on a visit to the country. Jokowi arrived in Hanoi on Tuesday after concluding his visit to South Korea. “In the last three years, our trade with Vietnam had seen an increase to […]
Read MoreVietnam News/ANN: Vietnamese garment and textile enterprises are losing their competitiveness due to high costs of logistics services for exports, experts have said. According to statistics from the Viet Nam Textile and Apparel Association (Vitas), textile and garment export value last year reached US$31 billion, an increase of 19.2 per cent compared to 2016. Of the $31 billion […]
Read MoreThe Hanoitimes – Foreign finance groups are eager to join Vietnam’s fruitful fintech market, which is still at early stage but is forecast to reach nearly US$8 billion in 2020 thanks to surging internet and smartphone penetration, burgeoning e-commerce sector and increasingly supportive regulatory environment. CEO of Lotte Card Kim Chang-kwon has recently said that with […]
Read MoreHANOI (REUTERS) – Grab announced on Tuesday (Sept 11) its partnership with Vietnam’s MOCA Technology and Service company (Moca) for a mobile payment service in Vietnam, as the ride-hailing firm pushes to cement its position in the South-east Asian country. Grab has made digital payments and financial services a significant part of its growth strategy […]
Read MoreThe Hanoitimes – The statement was made by Deputy Prime Minister Trinh Dinh Dung at Grow Asia Forum 2018, alongside the World Economic Forum on ASEAN 2018 (WEF-ASEAN 2018) held in Hanoi on September 11-13. Deputy PM Dung emphasized that Vietnam considers the public private partnership (PPP) an important tool for attracting investment, which is being […]
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