Category: Vietnam
Vietnam posts growth amid global slowdown
Despite the global economic slowdown, Vietnam still recorded positive growth in January-October this year, said prime minister Nguyen Xuan Phuc at a regular Cabinet meeting [...]
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4 bank stocks may increase by 14pct to 68pct in the next 12 months
JP Morgan’s Asia-Pacific Securities Research Department had just released its first report on Vietnam’s banking sector with relatively positive comments. [...]
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HAGL Agrico’s losses surge in Q3
HAGL Agrico reported a VND990 billion ($42.54 million) net loss in the third quarter, its fifth straight quarter in the red. It represented a 191 percent increase [...]
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Israeli firms explore business opportunities in Vietnam
Some 35 Israeli companies explored business and investment opportunities in Vietnam during a seminar co-held by the Vietnamese Trade Office and Israel-based accounting and [...]
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HCM City’s FDI attraction inches up 3.4pct in ten months
HCM City attracted 6.17 billion USD in foreign direct investment (FDI) during January-October, a year-on-year increase of 3.4 percent, the municipal Department of Planning [...]
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Foreign insurers eye promising Vietnamese market
Growing demand for health care and disease prevention in Vietnam offers great opportunities for life insurers, especially foreign firms, to develop. Better income has led to [...]
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Vietnam Airlines open new route linking Hanoi and HCM City with Shenzhen
Vietnam Airlines will open new routes connecting HCM City and Hanoi with Shenzhen City from November 27, marking its 15th and 16th routes between Vietnam and China. The [...]
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MyGo lost in ride-hailing market?
MyGo, Viettel Post’s app, will likely decide to focus its fleet on delivery services and drop ride-hailing. MyGo’s weak presence in the market is demonstrated by [...]
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Potential for Vietnam-Argentina economic cooperation highlighted
Vietnamese Ambassador to Argentina Dang Xuan Dung highlighted potential for cooperation between the two countries at a meeting held in Buenos Aires on November 5 to promote [...]
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Vietnam, US to enhance infrastructure finance
The Ministry of Finance and the US Department of Treasury signed a cooperation deal to strengthen infrastructure finance in Vietnam on Wednesday. The deal aims to mobilise [...]
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Vietjet leader receives Asia-Pacific CEO of The Year award in 2019
Vietjet President and CEO Nguyen Thi Phuong Thao has been named as the APAC CEO of the Year during an awards ceremony in Hong Kong on Tuesday. The title is a category of the [...]
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Woodworking industry confident of meeting year’s export target
The woodworking industry will definitely meet this year’s export target of $11 billion, the Binh Duong Furniture Association has said. Speaking at a press briefing to [...]
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FDI inflow to Dong Nai province breaks target
The southern province of Dong Nai secured 1.46 billion USD for 190 FDI projects during January-October, surpassing its annual target by 46 percent. According to the [...]
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Vietnam’s credit growth projected to reach 10-year low of 13.2pct in 2019
The slow growth comes mainly from state-owned banks, which have become more stringent on their loan disbursements. Based on the current pace and credit growth of commercial [...]
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Chicken farmers incur big losses due to oversupply
According to the Ministry of Agriculture and Rural Development, chicken prices sharply dropped to between VND12,000 (USD0.52) to VND14,000 per kilo in September. At these [...]
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