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, according to figures released by Visa, the world’s leader in digital payments.
The construction of two key port projects worth more than 14.8 trillion VND (636.4 million USD) is scheduled to begin in the central coastal province of Quang Tri this year.
The first VinFast Lux cars have shipped to 14 countries in four continents for quality and safety tests.
The northern port city of Hai Phong is working to develop logistics services so that they will contribute 25 – 30 percent of its gross regional domestic product (GRDP) by 2030.
Foreign retailers have made stronger presence in the Vietnamese market over the years, posing great pressure on their domestic competitors.
VOV.VN - Thailand’s Energy developer Gulf Group (Gulf) is pursuing a scheme on building a gas-fired power cluster in the central province of Ninh Thuan.
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is expected to help Vietnam continue speeding up its reforms in order to tap opportunities and deal with challenges from the deal.
The State Bank of Vietnam set the daily reference exchange rate at 22,957 VND/USD on the morning of March 22, up by 4 VND from the day earlier.
A specialised route for goods transportation was opened on March 21, linking the Tan Thanh border gate of Vietnam’s northern border province of Lang Son with the Pu Zhai border gate of China’s Guangxi Zhuang Autonomous Region.
A seminar discussing opportunities for the Vietnamese fisheries sector brought by the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) was held in Toronto, Canada on March 21.
Experts talked about the role of Ho Chi Minh City as a bridge connecting to European markets during a ceremony to launch the Whitebook Briefing 2019 on March 20.
The Saigon Securities Incorporation (SSI) and a group of seven foreign financial institutions, led by Taiwan’s SinoPac bank, signed a trust loan contract worth 55 million USD during a ceremony in Ho Chi Minh City on March 21.
Experts have recommended a number of measures to increase foreign direct investment (FDI) in Ho Chi Minh City’s export processing zones (EPZs) and industrial zones (IPs).
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.
Forty-eight percent of Vietnamese consumers buy premium products online from local retailers, with cosmetics the top category, a report says.
VOV.VN - Vietnam’s luxury residential sector remains an attractive option to international buyers, regardless of the fact that growth is slowing for luxury home prices across the world’s major cities, as noted by a global real estate services provider.
The import-export procedures and specialised inspections have been reformed in a positive way, making it easier for foreign businesses, including those from Japan, to invest in Vietnam.
The Republic of Korea's Financial Supervisory Service (FSS) said on March 21 that it has asked Indonesia and Vietnam to step up cooperation in the financial sector, in line with Seoul's policy aimed at deepening ties with Southeast Asia.
The Vietnam Chamber of Commerce and Industry – Ho Chi Minh City Branch (VCCI-HCM), in collaboration with the China Foreign Trade Center, held a conference on March 20 to introduce the 125th China Import and Export Fair (Canton Fair) and a business exchange between Vietnamese and Chinese enterprises.
As many as 250 businesses from 28 countries and territories worldwide, including Vietnam, are participating in the International Coffee & Tea Industry Expo 2019 which opened in Singapore on March 21.