Vietnamese consumers are embracing digital payments as a faster and more convenient way to pay, with consumers using their credit and debit cards more often for in-store and online purchases, digital payment methods provider Visa said recently.
Three Taiwanese-funded enterprises on March 21 signed deals to invest a total of 30 million USD at the Minh Hung Sikico industrial park in the southern province of Binh Phuoc.
A forum took place in Hanoi on March 16 to discuss the role of the press in linking the business community with the Government in the context of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) officially taking effect on December 30 last year.
Southern localities of Vietnam has been a major destination for investment from the Republic of Korea (RoK) in recent years, and local textile-garment and footwear industries have proved to be a magnet for an influx of capital from this country.
More than 50 leading US companies operating in different industries will arrive on March 12 to explore business opportunities in Vietnam, the US-ASEAN Business Council (USABC) has announced.
Coffee production areas across many Vietnamese provinces, including Dak Lak, Dak Nong, Son La and Lam Dong, are endowed with crop varieties, weather conditions and soils that are suitable to develop specialty coffee, according to experts.
The southern province of Dong Nai recorded a trade surplus of 500 million USD in the first two months of 2019, according to the provincial Department of Industry and Trade.
The State Bank of Vietnam set the daily reference exchange rate on March 6 at 22,940 VND per USD, up 2 VND from the previous day (March 5).
Vietnam’s agro-forestry-fishery exports in February hit 1.93 billion USD, bringing the figure in the first two months of this year to 5.5 billion USD, a decrease of 1.6 percent year-on-year, according to the Ministry of Agriculture and Rural Development (MARD).
The central city of Da Nang is planning to allocate 300ha for the development of a horse racing track and farm with total investment of 200 million USD.
The 2019 High-Quality Vietnam Goods awards were presented to 542 businesses at a ceremony in Ho Chi Minh City on February 20.
Vietnam may have a large pool of manual workers, but not enough it seems to cope with growing demand.
A majority of credit institutions in the country expect an upward trend in their business in 2019 after gaining good results last year, according to a State Bank of Vietnam (SBV) survey released recently.
The southern province of Binh Duong has targeted a GRDP (Gross Regional Domestic Product) growth of 8.4 – 8.6 percent and per capita income of 140 million VND (more than 6,030 USD) this year.
Prime Minister Nguyen Xuan Phuc has asked ministries, sectors and localities to continue consolidating macro-economic stability and promoting growth, calling this the most important task for 2019.
Vietnamese consumers’ preferences for locally-made confectionaries, jams, and cookies, among others, have been on the rise for the upcoming Tet (Lunar New Year) festivities.
The digital age offers opportunities for the world economy, creating new business models, which helps boost global gross domestic product (GDP).
Motorcycle sales in 2018 broke the record set seven years ago (3.3 million) with nearly 3.4 million vehicles sold in the domestic market during the year.
Vietnam’s real estate market will see strong development in the middle-end apartment segment, according to experts.
In 2018, total export value increased by 13.8% while import value rose by 11.5% year-on-year. Vietnam's trade surplus in the year reached US$7.2 billion.