Business leaders say joining CPTPP will help Taiwan brands strengthen supply chains
Zara, Circle K edge out communist country’s family shophouses
Vietnam plans to ease coronavirus curbs and allow businesses to restart production from next week to prop up an economy which has suffered under lengthy lockdowns, Prime Minister Pham Minh Chinh said on Saturday.
As capital Hanoi leaves behind nearly two months of lockdown-like movement restrictions, Ho Chi Minh City residents are still largely confined to their homes. But the southern business hub, which accounts for almost one-third of Vietnam’s state budget and 80…
Business groups say tough Covid restrictions make it increasingly difficult to operate
No European business has left Vietnam due to Covid-19, but continued restrictions and delayed vaccination could cause them to do so, a EuroCham executive said.
A mere 2 percent of a VND7.5 trillion ($328.4 million) salary support package for Covid-affected workers has been disbursed after a month due to red tape.
Hotels are being sold in large numbers across the country as owners suffer big losses caused by the shortage of customers due to the latest wave of Covid-19.
Many businesses have closed down or are struggling with rising overheads due to Covid-19.
The Covid-19 pandemic has helped e-commerce platforms in Vietnam achieve impressive growth of 18 per cent, pushing the market size to US$11.8 billion.
The American Chamber of Commerce (AmCham) urged Vietnam on Monday to ease its lengthy quarantine period for vaccinated travellers and allow the private sector to help procure COVID-19 vaccines for their employees in the Southeast Asian country.
Vietnam has risen three places to 40th in the annual Best Countries Overall Rankings 2021 thanks to economic growth expansion, power, heritage and business openness.
Hundreds of hotels are being sold for cheap in tourism hotspot Nha Trang after the devastation wreaked on tourism by the Covid-19 pandemic.
Across this village south of Hanoi, otherwise drab patches of ground blaze with colour as bundles of magenta-tipped incense sticks are left to dry in the sun before being distributed across Vietnam and to other parts of the world.
Multinationals look to build up bases despite infrastructure and labour issues
Vietnam and Singapore are planning to launch a green lane for business and official travel by the start of next year.
Vietnam has agreed to allow some South Korean business people to travel between the two countries without having to complete mandatory 14-day anti-coronavirus quarantine, Seoul said on Friday.
Samsung and Apple’s OEM partners are the latest US tariff-eluding manufacturers to shift production from China to Vietnam
US National Security Adviser Robert O’Brien told Vietnamese leaders they must curb illegal rerouting of Chinese exports and buy more US goods such as liquefied natural gas and military equipment to avoid punitive American tariffs.
The Regional Comprehensive Economic Partnership (RCEP) has given Vietnam and other Asean countries a perfect opportunity to become a centre of investment attraction, said Minister of Industry and Trade, Trần Tuấn Anh.
A webinar hosted by the UK Association of Southeast Asian Nations Business Council has highlighted the strength of the UK-Vietnam trading relationship and the continued opportunities available to both countries.
As the US seeks to decouple from China, is Vietnam becoming the world’s next factory floor ? Vietnam, a frontier market in Southeast Asia, is often named as one of the biggest winners in the US-China trade dispute
The country is making autocratic capitalism work unusually well.
Pham Nhat Vuong’s VinFast is building e-scooters at a $3.5 billion factory in Haiphong.
Vietnam is willing to assist the United Kingdom in joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Le Thi Thu Hang, spokesperson of the Ministry of Foreign Affairs, said at a press meeting in Hanoi on Thursday.
Hotels with ‘for sale’ signs have mushroomed across different parts of Vietnam, despite a scarcity in buyers.