TPB’s Declining Profits: Unraveling the Factors (05/02/2024)
As we approach the financial announcement season of 2023, numerous securities firms have released analysis reports focusing on the TPB code of Tiên Phong Commercial Joint Stock Bank. Notably, all these analyses underscore the deterioration in the bank’s asset quality.

Manufacturing production rises for first time in five months (05/02/2024)
Manufacturers in Vietnam recorded a return to growth at the start of 2024 as tentative signs of improving demand fed through to renewed increases in new orders and output.

Surpassing US, China becomes largest consumer of Vietnam’s farm exports (02/02/2024)
China was the only market that witnessed positive growth in Vietnam’s farm exports in 2023, while negative growth rates were reported for all other key markets.

Garment, footwear companies give Tet bonuses despite business difficulties (02/02/2024)
As production and business results in 2023 were unsatisfactory for some businesses, low Tet bonuses were foreseeable. But workers see signs of recovery in the Year of the Dragon.

Vietnam wins bid to export 300,000 tons of rice to Indonesia (02/02/2024)
Seven Vietnamese firms have won a bid to export 300,000 tons of rice to Indonesia, or more than half the volume that country’s plans to import in January.

Vietnam to add 4 more high-capacity cables for telecommunications expansion next year (02/02/2024)
Vietnam plans to invest in two to four additional international telecommunications cables, each with a data capacity of 60 Tbps, by 2025.

A more conducive environment needed for investors (02/02/2024)
Last year marked Pharma Group’s 25-year journey of partnership in Vietnam. That year was even more significant for healthcare as we have witnessed several key laws issued with great improvements, notably the Law on Bidding and the Law on Medical Examination and Treatment.

Overseas Vietnamese updated on HCM City’s specific development mechanism, policy (02/02/2024)
The overseas Vietnamese (OV) community in the Czech Republic have been updated on a new resolution of the Vietnamese National Assembly (NA) on piloting some specific mechanisms and policies for the development of Ho Chi Minh City.

More attention likely in housing ownership (01/02/2024)
The National Assembly passed a new Law on Housing and new Law on Real Estate Business last November. Anh Le, managing partner at DN Legal, analyses a number of legal changes related to housing ownership of foreigners in Vietnam.

US to consider recognizing Vietnam’s market economy in 2024 (01/02/2024)
The US Chamber of Commerce is reviewing the process of recognizing Vietnam’s market economy status, hoping to make it in time by June 2024, revealed US Ambassador to Vietnam Marc Knapper.

Jadestone signs agreement with PetroVietnam (01/02/2024)
Jadestone Energy plc, an independent upstream company focussing on the Asia-Pacific region, announced that it has signed a Heads of Agreement (HOA) with PetroVietnam Gas Joint Stock Corporation for the Gas Sales and Purchase Agreement (GSPA) relating to an offshore development in southwest Vietnam.

Vietnamese spend $1.4 billion on online food deliveries (01/02/2024)
In 2023, Vietnamese people spent $1.4 billion on online food delivery platforms like Grab, ShopeeFood, Baemin, and GoJek.

Vietnam is world’s second largest footwear exporter (01/02/2024)
Vietnam is the second largest exporter of footwear in the world, with its estimated export volume accounting for 10% of the world’s market share.

Việt Nam trade offices will take new opportunities to achieve sustainable export (01/02/2024)
Việt Nam trade offices abroad need to provide information about market trends in countries and export opportunities to Việt Nam’s localities, associations and businesses, so they can review production and business plans, and create appropriate trade promotion plans.

Agro-forestry-aquatic exports up 79% in January (01/02/2024)
Vietnam earned 5.14 billion USD from agro-forestry-aquatic exports in January, a year-on-year surge of 79.2%, the Ministry of Agriculture and Rural Development reported.

Non-tariff barriers raise issues for improving competitiveness, compliance (01/02/2024)
The recent move by the European Union to increase official controls on several farm products from Việt Nam has notified producers and exporters of the importance of fully complying with the regulations of the import markets and improving competitiveness to make exports sustainable.

A new property market cycle is beginning for Vietnam (31/01/2024)
The new Land Law should promote market mechanisms, regulate interest groups, put people first, and minimise disparities between real estate businesses.

IP developers hungry for financial bankroll (31/01/2024)
Limited financial resources for industrial park technical infrastructure is preventing new investments and project expansions.

Remittances soar for Lunar New Year 2024 (31/01/2024)
The positive growth trend of remittances during festive seasons 2024 contributes to the stability of exchange rates, the foreign exchange market, and economic growth in Ho Chi Minh city.

FPT Long Chau and IHH Healthcare Singapore enter partnership (31/01/2024)
FPT Long Chau and top private healthcare provider IHH Healthcare Singapore signed a cooperation agreement on January 29 to enhance the quality of high-tech medical treatment available in Vietnam.