The US market saw a significant plunge in investment from China in the first five months of the year amid a growing trade row between the world's two largest economies.
The trade dispute between the US and China, two of Vietnam’s top trading partners, could leave both positive and negative impacts on the country, as well as other Southeast Asian nations, business insiders and experts forewarned.
When tariff barriers are reduced, there is a trend among some nations to strengthen trade protectionism for their domestic industries by applying trade defence measures.
A festival to honour Chi Lang custard apples will be held in northern Lang Son province in mid-August prior to the launch of Lang Son specialities and custard-apple week in Hanoi.
Officials of Vietnam and the Eurasian Economic Union (EAEU) lauded the upbeat outcomes brought about by the EAEU – Vietnam free trade agreement (EAEU – Vietnam FTA) in more than one year and a half since it took effect.
Vietnam’s consumer price index (CPI) in May rose by 0.55% against the previous month, the largest monthly increase in the last six years, according to the General Statistics Office.
Fresh litchi, which is in season now in northern Vietnam, is being served to business-class and premium-class passengers on Vietnam Airlines’ international and domestic flights departing from Hanoi.
Vietnam is expected to remain the world’s No. 1 cashew nut exporter in 2018 with a global market share of 65%, but local cashew enterprises have operated inefficiently, facing numerous problems, including shortages of raw materials and thin profit margins, Nguoi Lao Dong newspaper reported.
Amidst the fourth industrial revolution, domestic banks have actively invested in technologies to improve their products, services and governance, Vice Governor of the State Bank of Vietnam (SBV) Nguyen Kim Anh told a seminar in Hanoi on June 15.
Bac Giang and Hai Duong province, Vietnam’s litchi hub, farmers are busily preparing for harvesting. The authorities have stepped up trade promotion programs inside and outside the country.
Hanoi has established 56 areas for large-scale aquaculture production in eight rural districts, according to the municipal Department of Agriculture and Rural Development.
The Vietnam Association of Seafood Exporters and Producers (VASEP) has asked the Government to strengthen the control of temporary imports for re-export of shrimp from India and Ecuador.
Vietnam's economic growth momentum remains robust and is accompanied by broad macroeconomic stability. According to Taking Stock, the World Bank’s latest economic update for Vietnam.
Dragon fruits have dominated Vietnamese fruit exports in the first four months of 2018 with total exports reaching US$427 million, a year-on-year increase of 9%.
With 15.8 percent growth in the first five months of this year to 93.09 billion USD, achieving export growth target of more than 10 percent for the whole year is feasible.
Investors are keeping their faith in Vietnam’s wind power sector, even though it is not taking off due to an unbankable purchase power agreement, seven years after the government released the incentives for wind power projects.
The world’s wooden interior décor market is predicted to grow 3.5% in 2018 and continue expanding, bringing chances for Vietnamese businesses to raise exports of the products.
To reduce the risk of cyberattacks and boost their bottom line, businesses in Vietnam should assess the software on their networks and eliminate unlicensed items.
The Vietnamese beauty industry presents significant opportunities for foreign companies wishing to tap into the growing demand for international beauty products.
The leather and footwear sector has not developed its support industry despite huge export value.