President Joe Biden will arrive at Chinese leader Xi Jinping’s doorstep on Sunday with a deal in hand to draw yet another one of China’s neighbors closer to the United States.
If Hanoi agrees to a comprehensive strategic partnership with the U.S., it would represent a remarkable breakthrough in bilateral ties. Still, such a partnership would not represent a significant shift in Hanoi’s foreign policy.
Vietnam has become the first Southeast Asian country to sign a free trade agreement (FTA) with Israel, which will remove duties on at least 86% of Vietnamese products.
Controversies over Beijing’s nine-dash line claim in the South China Sea highlight how geopolitical tensions can challenge international businesses. Although the economic implications may be minimal presently, businesses should be mindful of potential risks posed by the issue in the…
Retail spaces in HCMC’s shopping centers have mostly been filled in Q1 while street-front houses continue to stay empty, according to industry insiders.
Many businesses are cutting salaries and letting go of employees while waiting for the economy to turn the corner.
A push by the United States to upgrade ties with Vietnam this year is facing resistance in Hanoi, over what experts say are concerns that China could see the move as hostile at a time of tension between superpowers Beijing…
Dozens of American companies are in Vietnam this week in hopes of pushing further into the fast-growing Southeast Asian economy, which has emerged as an attractive potential alternative to China as companies seek to diversify their markets and supply chains.
Gabor Fluit, Director of De Heus Asia, has been elected Chairman of the European Chamber of Commerce (EuroCham) in Vietnam.
Representatives of South Korean, European and American businesses in Vietnam are complaining that they’re struggling to obtain work permits for their foreign employees due to inconsistent and vague regulations.
Vietnam has enjoyed a wave of investment from China since its neighbour abruptly canned its strict virus-containment strategy and unleashed pent-up interest from companies – and their suppliers – fleeing the impact of Sino-U.S. trade friction.
What happened ? Vietnamese President Nguyen Xuan Phuc resigned from his government and party positions on 17 January 2023. This ostensible reason was to take responsibility for corruption by senior officials under his watch as prime minister (2016-2021).
The American Chamber of Commerce in Vietnam said Wednesday that Greg Testerman, CEO of banking advisory firm Gregory Advisory, has been elected its chairman.
Vietnam and Germany have signed three cooperation agreements in defense, energy and vocational training during the visit of German Chancellor Olaf Scholz.
Vietnam poised to win from next phase of China decoupling but there is no time to waste in upskilling its labor force
High-profile detention triggers bank run at Saigon Joint Stock Commercial Bank.
Prime Minister Pham Minh Chinh has called on China to create policies that ease entry for Vietnamese goods, especially agriculture produce.
Be Group seeks to challenge Grab’s dominance in Vietnam: CEO. Be’s app has been installed on over 20 million mobile devices.
Starbucks Vietnam will close its Hanoi outlet after eight years, following the closure of two locations in Vietnam last year.
A combination of geopolitical tensions and higher costs are pushing large firms to look for alternative production sites. Vietnam’s strong economic performance in recent years has drawn the attention of European firms.
Bilateral trade between Cambodia and Vietnam totalled $1.72205 billion in the first quarter of 2022, representing a 13.6 per cent increase from the $1.5153 billion recorded in the corresponding period last year, according to Customs.
The Business Climate Index (BCI) of European companies in Vietnam in Q1 reached its highest level, at 73 points, since the fourth coronavirus wave hit the country last April.
Manufacturing PMI dips as labor shortages and input costs weigh on recovery
Four journalists in central Vietnam have been sent to prison for extorting more than VND260 million ($11,500) from businesses by uncovering wrongdoing on their part and blackmailing them.
The COVID-19 pandemic has sparked a boom in e-commerce in Vietnam as consumers shift their spending habits towards online platforms. However, as online sales continue to grow, so does tax evasion.
In officially Communist Vietnam, fortune telling can guide everything from hiring to timing business trips.