Economy

Foreign investors keen on Vietnam’s consumption growth

Wednesday, 21 March 2018 12:49

Foreign investors keen on Vietnam’s consumption growth Foreign investment funds are interested in fields benefiting from the growing middle class in Vietnam, listed companies and those with plans to make initial public offering (IPO) in the areas of food, retail, digital technology, aviation, tourism, oil and gas, banking and real estate, said an entrepreneur.
 

US’s antidumping duty ruling lacks legal basis: VASEP

Wednesday, 21 March 2018 12:48

US’s antidumping duty ruling lacks legal basis: VASEP The US’s recent ruling to impose unprecedentedly high import duties on frozen Tra fish fillets from Vietnam shows a level of unfairness and is not in line with the usual antidumping law provisions, said Secretary General of the Vietnam Association of Seafood Exporters and Producers (VASEP) Truong Dinh Hoe.
 
 

Vietnam to become RoK’s second largest importer

Wednesday, 21 March 2018 12:43

Vietnam to become RoK’s second largest importer Vietnam is likely to surpass the United States to become the Republic of Korea’s second biggest importer by 2020, thanks to a bilateral free trade agreement, according to a report released by the Korea International Trade Association on March 20.  
 
 

Co-living to be new residential trend in Vietnam?

Wednesday, 21 March 2018 12:42

Co-living to be new residential trend in Vietnam? Apart from co-working spaces which have already taken root in Vietnam, the market is now expected to receive the co-living trend—a new trend of sharing living space.
 
 

Top five foreign investors in Vietnam’s real estate announced

Tuesday, 20 March 2018 11:01

Top five foreign investors in Vietnam’s real estate announced Singapore, the Republic of Korea, Malaysia, Japan and Hong Kong (China) are the largest foreign real estate owners in Vietnam, according to a survey recently published by CBRE Vietnam. 
 
 

As bad debt burden lifts, Vietnam banks attract more foreign capital

Tuesday, 20 March 2018 11:00

As bad debt burden lifts, Vietnam banks attract more foreign capital  Foreign investors are rushing to pour money into Vietnam’s banks which see a brighter future as the warming of the real estate market will help them collect debts from mortgaged loans.
 
 

Vietnam’s growth in first quarter forecast to hit 6.23%

Tuesday, 20 March 2018 10:57

Vietnam’s growth in first quarter forecast to hit 6.23% The Vietnamese economy is projected to expand by 6.23% in the first quarter of 2018, buoyed by strong industrial growth, according to the National Centre for Socio-economic Information and Forecast (NCIF).
 
 

Safeguard duty on fertilisers divides experts

Tuesday, 20 March 2018 10:57

Safeguard duty on fertilisers divides experts On March 7 the Ministry of Industry and Trade issued Decision No.686/QD-BCT with safeguards against the import of diammonium phosphate and monoammonium phosphate fertilisers.
 
 

Tourism sector poised to earn big money from Chinese travelers

Saturday, 17 March 2018 13:06

Tourism sector poised to earn big money from Chinese travelers Vietnam has been advised to attract more Chinese tourists from first-class cities who travel regularly, book tours via online channels, and spend big money on trips.   
 
 

Changing customer habits bring online retail to fore

Saturday, 17 March 2018 13:05

Changing customer habits bring online retail to fore As global brands are scaling up efforts to promote online sales and avail themselves of traditional retail outlets, to garner similar benefits, trade centres need to be flexible to keep up with customers’ fast changing appetite.
 
 

PVEP sells 5 percent interest in Block 15-1/05 to Murphy

Saturday, 17 March 2018 13:01

PVEP sells 5 percent interest in Block 15-1/05 to Murphy The PetroVietnam Exploration Production Corporation (PVEP) has signed a deal on the transfer of a 5-percent interest and the administration right in Block 15-1/05 to Murphy Cuu Long Bac Oil Co. Ltd.
 
 

Thai firms continue pushing for bigger Vietnam market share

Friday, 16 March 2018 11:28

Thai firms continue pushing for bigger Vietnam market share The just increased ownership of NawaPlastic Industries (Saraburi) Co Ltd in Vietnamese firm Binh Minh Plastic (BMP) is yet another clear indication that Thai companies are continuing finding ways to gain a bigger market share in Vietnam.
 
 

Retail chains seek more workers as Amazon prepares to arrive

Friday, 16 March 2018 11:27

Retail chains seek more workers as Amazon prepares to arrive Vietnam, a promising retail market for retailers thanks to its young population and economic growth, faces a lack of qualified workers for the sector. 
 
 

Retail model under conversion in Vietnam

Friday, 16 March 2018 11:25

Retail model under conversion in Vietnam After two decades of investing in Vietnam, Parkson system has continuously announced operation stop of some four trade centers in Vietnam. Meantime, convenience stores and some other retail models such as shopping mall and Omni-channel have strongly developed.
 
 

Resort property market: mini hotels on the wane, homestays on the rise

Friday, 16 March 2018 11:17

Resort property market: mini hotels on the wane, homestays on the rise Investors are now developing new types of resort properties like homestays as condotels are no longer the preferred investment channel.   
 
 

Vinafood II raises $51 mln selling 23 percent of stakes in March IPO

Thursday, 15 March 2018 11:51

Vinafood II raises $51 mln selling 23 percent of stakes in March IPO The State-run Vietnam Southern Food Corporation (Vinafood II) raised nearly 1.16 trillion VND (51.1 million USD) from selling 22.97 percent of its stakes at an initial public offering (IPO) on March 14.
 
 

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