Preliminary planning for the 392 km-long (244 miles) Lao Cai-Hanoi–Haiphong standard gauge railway was finished in 2019 having first been mentioned in 2015. Once constructed, it will link the capital of China’s southwestern Yunnan province to one of Vietnam’s busiest…
Vietnam will stick to its target to keep inflation under control and ensure macroeconomic stability, Prime Minister Pham Minh Chinh said on Saturday, as the economy faces fresh challenges.
Vietnam is looking to mitigate potential long-term problems in its sourcing of raw materials, which its export sector depends heavily on. Deals were signed during visit to China this week by Vietnam’s chief, Nguyen Phu Trong, who became the first…
In late August 2022, news broke that Apple was in talks to manufacture its famed Apple Watches and MacBooks in Vietnam for the first time. Some view this as a move by transnational corporations and their core suppliers to diversify their production…
It was a jarring image for one of the world’s fastest growing economies: Scores of Vietnamese flooded branches of the nation’s fifth-largest bank to pull out their savings amid rumors the lender was tied to a real estate conglomerate under…
Vietnam’s economy is expected to grow 8% this year, beating an official target for an expansion of 6.0%-6.5%, the government said on Tuesday.
Cambodia and Vietnam have welcomed the rise in bilateral trade despite the Covid-19 pandemic and stressed their commitment to increase trade cooperation further.
Despite some potential headwinds, Vietnam is well positioned to capitalize economically on the growing Sino-American competition.
Elsewhere in Southeast Asia, the picture was cautiously positive as the region’s economies finally moved out of their pandemic-induced slumps.
Foreign direct investment in Vietnam continues to increase, rising from US$11.57 billion in July to US$12.8 billion in August 2022, signalling the country’s recovery from COVID-19. The growth is partly due to Hanoi’s consistent efforts to provide a safe and welcoming environment for foreign…
Bilateral relations have advanced considerably over the past decade, but Canberra can do a lot more to engage economically with Hanoi.
Vietnam is buzzing. Global companies from Samsung Electronics Co. to Lego Group are opening mega factories there.
With the election of a new Australian government, the chance to elevate ties between Hanoi and Canberra to the level of a comprehensive strategic partnership is within reach.
Textile firms are bracing for a profit plunge in the second half of this year, with the number of new orders slowing down since the middle of the second quarter.
Online video piracy is worsening in Vietnam with the number of users watching or listening to pirated stuff estimated at 15.5 million, the third highest in the Southeast Asia.
The country’s travails could deepen China’s influence and destabilize the longstanding alliance between Hanoi and Vientiane.
Nguyen Chi Dung’s latest mark beats previous official range of 6-6.5%
Vietnam’s economy grew at a 7.72% annual pace in the second quarter on the back of robust exports, government data showed on Wednesday, though authorities noted challenges such as rising inflation for the second half of the year.
As the sole breadwinner of a family that can barely afford to make ends meet, Huong has no idea how she would be able to take care of herself after retirement.
Participation in the new U.S. initiative could advance Vietnam’s aspiration for economic gains and a firm status in the regional economic architecture, but its full-fledged engagement is unlikely.
Given that the China threat looms large for both Vietnam and India, the bilateral relationship between New Delhi and Hanoi is likely to gain even greater traction.
In Vietnam, the economy of the sea and coastal provinces and cities accounts for almost half of its GDP.
While supply disruptions caused by the global COVID-19 pandemic have not come to an end, firms in Vietnam have to face increasing thinner supplies of fuels and materials for production due to the Russia-Ukraine conflict, Vietnamese experts said.
Vietnam is highly integrated into the global economy and since 2017, trade has consistently sat above 200 per cent of GDP. Vietnam has trade relationships with more than 150 countries, but the majority of its trade is concentrated between China, South Korea,…
Japanese Prime Minister Fumio Kishida visited Vietnam (April 30-May 1) after completing his visit to Indonesia and his predecessor Prime Minister Suga had visited Vietnam in 2020.
Vietnamese businesses are already seeing the fallout from the conflict in Eastern Europe, and the impacts are only set to increase.