In less than half a century Vietnam has risen from the ashes of war to being a regional economic powerhouse that even the coronavirus couldn’t stop As its Communist Party meets to decide its future, the country is on the…
Vietnam’s incentives for international firms for setting up units to manufacture hi-tech products, pool of low-cost workers and proliferation of free trade agreements (the latest one is with the EU) place it at an enviable position among Asian peers, the…
Multinationals look to build up bases despite infrastructure and labour issues
Vietnam’s economic growth slowed this year to its weakest in at least three decades, buffeted by the COVID-19 pandemic, natural disasters and a sluggish global economy, government data showed on Sunday.
A new report says about 55 percent of foreign direct investment (FDI) businesses in Vietnam recorded losses, of VND131.4 trillion ($5.72 billion), last year.
Although all countries in the world, including Vietnam, have seen a sharp slowdown in economic growth and other indicators, most assessments and projections of the Vietnamese economy remain fairly upbeat.
The US Treasury designated Vietnam and Switzerland currency manipulators and added Taiwan, India and Thailand to its watch list But the State Bank of Vietnam said it does not use currency for unfair trade, and will work with US authorities…
A strong response to the COVID-19 pandemic, surging exports and healthy public spending have helped Vietnam buck a global recession in 2020 and fast-track its recovery, with analysts predicting it will likely enjoy one of the highest growth rates in…
The year 2020 marks the 42nd anniversary of India-Vietnam bilateral trade. Vietnam and India have shared strong bilateral relations historically, and for the past two decades, trade between the two countries has risen considerably. These economic ties have materialized into…
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.
Vietnam following in China’s footsteps as one of the few nations worldwide to record positive 2020 economic growth
Vietnam has minimised the economic damage from Covid-19 and is the only country in South East Asia on track for growth this year.
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.
NDO – Over the past few decades, the cooperation between Belgium and Vietnam has developed positively and effectively across all aspects of politics, the economy, science, culture, education, environment and development aid.
Hong Kong-based investment adviser Asia Bankers Club is marketing a residential project to investors in the northern Vietnamese city. Hanoi and Ho Chi Minh City remain the preferred locations for foreign investors, say analysts
The possible revival of a major trade pact and a less aggressive policy on currency manipulation will benefit Vietnam when Joe Biden assumes the U.S. presidency, analysts say.
The pandemic is seen costing Vietnam nearly 200 trillion dong ($8.6 billion) in budget revenue this year, according to the government’s website, which cited Prime Minister Nguyen Xuan Phuc during a discussion with National Assembly deputies on Monday.
Vietnam has benefitted from Trump’s trade war but his currency fixing sanction threats make Biden the safer bet
Vietnam’s prime minister Nguyen Xuan Phuc said on Monday the country’s exchange rate policy was not aimed at helping its exports and asked that US President Donald Trump have “a more objective assessment of the reality in Vietnam”.
Most banks reported profit growth in the first nine months, but bad debts posted a double-digit rise due to the impacts of the Covid-19 pandemic.
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
Despite incurring heavy losses of VND10.75 trillion (US$463.3 million) in the January-September period, Vietnam Airlines has refuted rumors that it has filed for bankruptcy due to Covid-19.
Hanoi eyes regional supply chains after pandemic derailed GDP target for 2016-20
The country is making autocratic capitalism work unusually well.
Vietnam should re-emerge quickly in the post-pandemic period, making it one of the best performers in the global economy
Trump takes trade war aim at Vietnam’s dong – Asia Times US plans to investigate Vietnam for currency manipulation but rising bilateral trade deficit is a reflection of decoupling from China