The uneven quality of rubber products from ‘Made in Vietnam’ factories is why local rubber products are cheaper than those from other countries, according to industry insiders.
It is Dong Nai province’s stance to go along with enterprises, and authorities will create the best conditions for them to do business in a stable and long-term manner, a leading official of the province has stated.
A recent rise in anti-dumping lawsuits in the local steel industry has steelmakers worried.
Vietnam Airlines and Vingroup have signed a cooperation agreement to develop and provide combined aviation and tourism products for all of their air routes and tourism accommodation facilities.
Foreign direct investment’s contribution to nation’s GDP has been rising, but there were environmental and other costs.
Vietnam gained 84 points for the second quarter of 2018 in the Business Climate Index (BCI), up 6 points from the previous quarter, according to new data from the BCI survey released by the European Chamber of Commerce in Vietnam (EuroCham) on October 4.
PSNews – In the segment of fewer than ten-seat car, 3,020 cars were imported into Vietnam, worth US$53.2 million, accounting for 77% of total imported cars of all kinds, a rise of 1,487 units compared to the previous week.
Hoi An in the central province of Quang Nam has been ranked the 14th best place in the world for expatriates to live by the The Travel website, thanks to the ancient town’s “cheap cost of living”.
Real estate attracts 23% of the total FDI injection into Vietnam in the first three quarters of 2018, property services firm CBRE Vietnam said on October 4.
The AmCham Supplier Day 2018 was held in Ho Chi Minh City on October 4, attracting the participation of hundreds foreign invested businesses and Vietnamese suppliers.
The Vietnamese Government commits to building a more favourable and competitive investment environment towards international standards and in accordance with commitments to high standards the country has made in new-generation free trade agreements (FTAs), said Prime Minister Nguyen Xuan Phuc on October 4.
Despite a less favorable external environment, the growth outlook for developing East Asia and Pacific (EAP) remains positive, according to the latest World Bank economic report on the region. Growth in developing EAP is expected to be 6.3 percent in 2018.
Gross domestic product (GDP) in the first nine months of 2018 grew 6.98 percent from the same period last year, the fastest nine-month pace since 2011.
Vietnam and New Zealand on October 4 agreed to continue facilitating trade and investment between the two countries and providing broader access for agricultural products to each other’s market.
Vietnam encourages and creates favourable conditions for cooperation between Vietnamese and French enterprises, Deputy Prime Minister Trinh Dinh Dung has reaffirmed.
The attraction and use of foreign direct investment (FDI) in the past 30 years have proven that the door-opening policy of the Party and State of Vietnam is a correct choice in line with the development trend of the era and the country’s situation, Minister of Planning and Investment Nguyen Chi Dung said.
The World Bank (WB) predicts Vietnam’s GDP growth this year at 6.8 percent in its East Asia Pacific Economic Update released on October 4, compared to the 6.5-percent projection last April.
Vietnam’s aquatic products are forecast to bring home US$9 billion from exports in 2018, up 7% from the previous year, said the Vietnam Association of Seafood Exporters and Producers (VASEP).
Prime Minister Nguyen Xuan Phuc hosted separate receptions in Hanoi on October 3 for Youn Chul Kim, President of Hanwha Techwin, and Spencer Damian White, Managing Director of Delta Offshore Energy Pte Ltd.
The central province of Thua Thien-Hue earned US$667.8 million in export turnover in the first nine months of 2018, rising by 11.8% year on year and fulfilling about 73% of the yearly target.