With 9 points higher than in the last quarter of 2017 on the back of increased positivity about local job prospects and the state of personal finances, the Vietnam consumer confidence index in the first quarter of 2018 was at its highest in a decade, which made the Southeast Asian nation the fourth most optimistic country in the world.
Vietnam’s wider trade openness than other regional countries simply reflects the sub-contracting nature of the domestic economy. In other words, it does not mean the country has a higher level of global economic integration and trade liberalization.
Vietnam may not be inferior to her neighbors when it comes to tourism resources. But why is there such a huge gap in the spending by international tourists between Vietnam and the other countries?
LIN Center for Community Development (LIN) and KPMG Vietnam signed a Partnership Agreement for a three-year strategic corporate social responsibility program called “Partnership for a Vibrant Vietnam” at the conference “How Doing Good is Good for Business 2018” in HCM City on June 28.
Vietnam has seen outbound cement sales rocketing by 50% year-on-year over the first six months of 2018 to 15.42 million tons, fulfilling 85.6% of the export target in 2018, the Government news site chinhphu.vn reported.
ANZ and Saigon Children’s Charity CIO (saigonchildren) has completed the Project 3E (Educate, Enrich and Employ) with the opening of Thuan Hoa 2 Primary School and Thuan Hoa Kindergarten in Long My Town, Hau Giang Province.
Many foreign enterprises have expressed interest in becoming strategic investors in Vietnam National Shipping Lines (Vinalines) following the Prime Minister’s approval of the firm’s equitization plan.
Capital contribution and share purchases by foreign investors via mergers and acquisitions (M&As) in HCMC amounted to some US$2.5 billion during the year up to late May, 3.6 times higher than the value of foreign direct investments, according to the HCMC Department of Planning and Investment.
The local sugar industry once again cries for more support as the sugar stockpile has kept mounting.
According to the Ho Chi Minh City Department of Health, the city is home to 114 public and private hospitals, 318 health stations, 196 polyclinics and nearly 6,000 private specialized clinics.