EIU report : Vietnam rises as an alternative to China, beating India
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…
Vietnam prepares for supply chain shift from China
Multinationals look to build up bases despite infrastructure and labour issues
Vietnam’s 2020 economic growth slips to 30-year low due to COVID-19
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.
Majority of FDI businesses in Vietnam report 2019 losses
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.
Vietnam to end 2020 on an optimistic note
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.
Vietnam refutes US move to label it a currency manipulator
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…
Strong COVID-19 response helps Vietnam’s economy weather pandemic
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…
Vietnam – India : increasing trade and investment relations
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…
Trump aide tells Vietnam to curb China shipments to avoid duties
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 shining bright as Covid crisis winner
Vietnam following in China’s footsteps as one of the few nations worldwide to record positive 2020 economic growth
Vietnam economy is Asia’s shining star during Covid
Vietnam has minimised the economic damage from Covid-19 and is the only country in South East Asia on track for growth this year.
Vietnam : RCEP offers an ideal economic model
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.
Belgium and its effective cooperation with Vietnam
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.
Hai Phong, billed as Vietnam’s Shenzhen, seen getting a boost from status as manufacturing hub of Southeast Asian nation
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
Biden economic policies likely to be kinder on Vietnam
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.
Vietnam PM says pandemic costs $8.6 billion in budget revenue
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.
Why Vietnam wouldn’t mind if Trump loses to Biden
Vietnam has benefitted from Trump’s trade war but his currency fixing sanction threats make Biden the safer bet
Vietnam PM urges Trump to take objective view in trade dispute
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 ».
Banks maintain profit growth but bad debts rise
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.
Is the global supply chain really heading to Vietnam ?
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
Vietnam Airlines reports heavy losses, denies rumors of bankruptcy
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.
Vietnam seeks 6.5% growth through 2025 after missing current goal
Hanoi eyes regional supply chains after pandemic derailed GDP target for 2016-20
Is Vietnam the next ‘Asian Miracle’?
The country is making autocratic capitalism work unusually well.
Vietnam an outlier during Covid-19 pandemic
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
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
Vietnam an outlier during Covid-19 pandemic
Vietnam should re-emerge quickly in the post-pandemic period, making it one of the best performers in the global economy