Category: Vietnam
Logistics market must prepare itself for transformation process
The impact of the novel coronavirus (COVID-19) epidemic can be considered a catalyst that launches the transformation of logistics businesses due to the buying trend starting [...]
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Food, clothing and shelter: post-pandemic recovery signs in Vietnam
The food, clothing and housing sectors are showing positive recovery signs in the weeks following Vietnam’s easing of Covid-19 restrictions. Japanese fashion brand [...]
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Cashless ecosystem now on the cards
As Vietnam heads towards a cashless economy and mobile technology is becoming ubiquitous, the adoption of mobile money next month is predicted to lure local and foreign firms [...]
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Talking shop: UK businesses see ‘new investment opportunities in Vietnam despite pandemic’: envoy
The COVID-19 pandemic has had a strong impact on the global economy, including Vietnam. The country has however been a safe destination for foreign investors thanks to its [...]
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Vietnam continues denying entry to foreigners
Even though Vietnam is allowing foreign experts and specialists working on projects to enter the country, at a press conference on June 2, minister and Chair of the [...]
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PPP draft details key sector focus
Investors will be allowed to pour money into five groups of projects under the form of public-private partnerships in Vietnam as per a related law that offers an [...]
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Agribank’s CAR under Basel II only 6.9pct at the end of March
Talking to the press, deputy general director of Commercial Joint Stock Bank for Agriculture and Rural Development of Vietnam (Agribank) Nguyen Thanh Phuong recently said [...]
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Over five million employees lose jobs due to Covid-19
Multiple businesses in Vietnam suspended or scaled down their operations, and over five million employees nationwide lost their jobs, were furloughed or had their working [...]
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Hanoi commits to creating stable environment for Thai businesses
A Hanoi leader has pledged to create a stable environment for Thai businesses to engage in long-term investment and business operations in the city, calling for more firms [...]
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How to capitalise on EVFTA opportunities amid COVID-19
With the European Union-Vietnam Free Trade Agreement (EVFTA) poised to come into force, many believe that it will present more diversified market opportunities for local [...]
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Stringent credit standards will not affect lending: SBV
The strict credit standards of credit institutions will not affect their credit support for businesses and individuals affected by the Covid-19 pandemic, deputy governor of [...]
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PetroVietnam’s oil equivalent output totals 8.99 million tonnes in five months
The Vietnam Oil and Gas Group (PetroVietnam) has reported oil equivalent output of 8.99 million tonnes in the first five months of 2020, 4.4 percent higher than its target. [...]
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Coteccons denies allegations by Kusto
Coteccons has rejected the recent allegations made in a press release by its major shareholder Singapore-based Kusto, which announced in the release that it will convene an [...]
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Son La longans meet export standards to US and French markets
Situated in the northern province of Son La, Mai Son district is expected to export approximately 2,600 tonnes of longan over the course of the year to several foreign [...]
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Reference exchange rate down 2 VND on June 4
The State Bank of Vietnam set the daily reference exchange rate at 23,244 VND per USD on June 4, down 2 VND from the previous day. With the current trading band of +/-3 [...]
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