Việt Nam urged to better facilitate Korean investors (10/05/2023)
Vietnam should make changes to its legal system, speed up administrative reforms, and cut off sub-licences to better facilitate Korean investors, said Hong Sun, Chairman of the Korea Chamber of Business in Vietnam.
Vietnam should make changes to its legal system, speed up administrative reforms, and cut off sub-licences to better facilitate Korean investors, said Hong Sun, Chairman of the Korea Chamber of Business in Vietnam.
Chip equipment maker ASML’s suppliers eye investment in Vietnamese market (10/05/2023)
Suppliers to Dutch chip-making machines giant ASML Holding NV are considering building plants in Southeast Asia as opposed to China amid ongoing political tensions between Beijing and the West, according to details provided by Reuters.
Suppliers to Dutch chip-making machines giant ASML Holding NV are considering building plants in Southeast Asia as opposed to China amid ongoing political tensions between Beijing and the West, according to details provided by Reuters.
Việt Nam’s macroeconomic situation remains stable, inflation controlled (10/05/2023)
Việt Nam’s macroeconomic situation has remained stable, inflation has been controlled, and major balances have been maintained in the first four months of this year.
Việt Nam’s macroeconomic situation has remained stable, inflation has been controlled, and major balances have been maintained in the first four months of this year.
Banks in Vietnam seek foreign strategic investors (10/05/2023)
Banks in Vietnam are now very keen to tie up with financially strong foreign partners to increase their capital, especially in the current situation where capital flow is limited to small deposits and people in general are holding on to their savings.
Banks in Vietnam are now very keen to tie up with financially strong foreign partners to increase their capital, especially in the current situation where capital flow is limited to small deposits and people in general are holding on to their savings.
VN-Index posts one-month high on increasing cash inflow (09/05/2023)
The VN-Index posted the highest gain in a month with a strong influx of cash flow on Monday which drove stock prices higher.
The VN-Index posted the highest gain in a month with a strong influx of cash flow on Monday which drove stock prices higher.
Vietnam needs to fine-tune legal system to attract Korean investors (09/05/2023)
Vietnam needs to make changes to its legal system, simplify administrative procedures, and reduce sub-licenses in order to facilitate the business operations of Korean investors in the country, said Hong Sun, chairman of the Korea Chamber of Business in Vietnam (KORCHAM).
Vietnam needs to make changes to its legal system, simplify administrative procedures, and reduce sub-licenses in order to facilitate the business operations of Korean investors in the country, said Hong Sun, chairman of the Korea Chamber of Business in Vietnam (KORCHAM).
PPP model needs more balancing, equality for private investors (09/05/2023)
Vietnam’s increased demand for infrastructure development in the coming years requires governmental policies that encourage the private sector’s participation, said economists and policymakers.
Vietnam’s increased demand for infrastructure development in the coming years requires governmental policies that encourage the private sector’s participation, said economists and policymakers.
Inflationary caution still to be heeded for rest of year (09/05/2023)
A rebound in retail and consumption services and a rise in prices of input materials are expected to cause pressure on the country’s efforts to rein in inflation in the coming months.
A rebound in retail and consumption services and a rise in prices of input materials are expected to cause pressure on the country’s efforts to rein in inflation in the coming months.
HCM City to host Vietnam Medi-Pharm Expo (09/05/2023)
As many as 400 domestic and foreign enterprises will join the 21st international medical, hospital and pharmaceutical exhibition (Vietnam Medi-pharm Expo), slated to be held in Ho Chi Minh City from August 3-5.
As many as 400 domestic and foreign enterprises will join the 21st international medical, hospital and pharmaceutical exhibition (Vietnam Medi-pharm Expo), slated to be held in Ho Chi Minh City from August 3-5.
Bright prospects ahead for exports to Japan and RoK (09/05/2023)
With Vietnamese goods making up only 2.7% and 3.3% in Japan and the Republic of Korea, respectively, there remains a wealth of opportunities open for Vietnamese exports to enter these promising markets, according to the Ministry of Industry and Trade (MoIT).
With Vietnamese goods making up only 2.7% and 3.3% in Japan and the Republic of Korea, respectively, there remains a wealth of opportunities open for Vietnamese exports to enter these promising markets, according to the Ministry of Industry and Trade (MoIT).
Vietnam’s leather and footwear industry targets US$27 billion in 2023 exports (09/05/2023)
The leather and footwear industry is striving to reach US$27 billion in export turnover in 2023, an increase of about 10% compared to one year earlier amid shrinking major markets and falling demand.
The leather and footwear industry is striving to reach US$27 billion in export turnover in 2023, an increase of about 10% compared to one year earlier amid shrinking major markets and falling demand.
Vietnamese, Japanese cities look to expand collaboration in agriculture, tourism (09/05/2023)
The People’s Committee of the Mekong Delta city of Can Tho and the Administration of Nasushiobara city of Japan on May 8 signed a Memorandum of Understanding (MoU) in the fields of agriculture and tourism.
The People’s Committee of the Mekong Delta city of Can Tho and the Administration of Nasushiobara city of Japan on May 8 signed a Memorandum of Understanding (MoU) in the fields of agriculture and tourism.
Vietnam continues to face challenges in Q2/2023: HSBC (08/05/2023)
After a sluggish GDP performance in the first quarter this year, Vietnam is still not out of the woods yet. In particular, it has not seen the light at the end of the tunnel on the trade front, according to an HSBC report.
After a sluggish GDP performance in the first quarter this year, Vietnam is still not out of the woods yet. In particular, it has not seen the light at the end of the tunnel on the trade front, according to an HSBC report.
HCM City calling for foreign investments for innovative startups (08/05/2023)
HCMC has lately issued various consistent policies to boost innovative startup activities and formed strong connections with global startup communities, helping many startup projects to reap profound benefits.
HCMC has lately issued various consistent policies to boost innovative startup activities and formed strong connections with global startup communities, helping many startup projects to reap profound benefits.
Nearly 85 per cent of FDI enterprises use outdated technology (08/05/2023)
Nearly 85 per cent of FDI enterprises are still using outdated technology, which is a challenge for the Vietnamese economy in its efforts to realise the goal of net zero emissions by 2050, according to a report on vov.vn.
Nearly 85 per cent of FDI enterprises are still using outdated technology, which is a challenge for the Vietnamese economy in its efforts to realise the goal of net zero emissions by 2050, according to a report on vov.vn.
Vietnam remains a magnet for FDI: The Banker (08/05/2023)
Vietnam is expected to remain a magnet for foreign direct investment (FDI) from sources seeking to diversify their production.
Vietnam is expected to remain a magnet for foreign direct investment (FDI) from sources seeking to diversify their production.
Việt Nam showcases farm produce at Macfrut trade fair in Italy (08/05/2023)
The Vietnamese Embassy in Italy showcased Việt Nam’s fruits, vegetables and spices at the 40th Macfrut international trade fair in Rimini city in the Emilia Romagna region last week, within the framework of the Vietnam-Italy Year 2023.
The Vietnamese Embassy in Italy showcased Việt Nam’s fruits, vegetables and spices at the 40th Macfrut international trade fair in Rimini city in the Emilia Romagna region last week, within the framework of the Vietnam-Italy Year 2023.
National brand needed for Vietnamese coffee (08/05/2023)
Despite being a key export item, earning billions of dollars each year, Vietnam’s coffee still lacks a national brand to enhance its value. Managers and businesses in the industry all agree on the need for a national brand.
Despite being a key export item, earning billions of dollars each year, Vietnam’s coffee still lacks a national brand to enhance its value. Managers and businesses in the industry all agree on the need for a national brand.
210 million mobile phones made in Vietnam in 2022, 50% sold to China, US (08/05/2023)
The 2022 import-export report released by the Ministry of Industry and Trade (MOIT) in late April showed that Vietnam produced 210.5 million mobile phones last year, a 9.1 percent decrease compared with 2021.
The 2022 import-export report released by the Ministry of Industry and Trade (MOIT) in late April showed that Vietnam produced 210.5 million mobile phones last year, a 9.1 percent decrease compared with 2021.
Vietnamese fruit exports to China and Laos surge (08/05/2023)
The export of bananas, durians, and jackfruit from Vietnam to China and Laos surged in the first four months of the year.
The export of bananas, durians, and jackfruit from Vietnam to China and Laos surged in the first four months of the year.
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