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Foreign currency exchange under control
The State Bank of Vietnam (SBV) has reassured the market that foreign currency exchange remains under control and that solutions will be applied if needed.
Vietnam welcomes over nine million international tourists so far this year
More than 9 million foreign tourists have come to Vietnam so far this year—a 25.4% year-on-year increase exceeding the target of 8.5 million for 2016, the General Statistics Office has announced.
ASEAN bloc investments booming, VN among best destinations
Economic groups and corporations from ASEAN countries, including Vietnamese businesses, are pouring big money into neighboring countries.
Korean goods weaving their way through Vietnam’s market
Following an invasion of Korean barbecue restaurants, Korean food products have been entering the Vietnamese market through retail channels.
Will golf courses attract tourists in poor provinces?
Building more golf courses to develop tourism is believed to be one of the ways for poor provinces to develop local economies.
Five foreign-style cafes and fast-food shops in Hanoi
There are more and more foreign-style cafes and fast-food restaurants that attract youth and travelers in Hanoi.
Meat imports, banned substances threaten Vietnam’s livestock industry
While Vietnam struggles with scandals about banned substances and high antibiotic residue, meat imports from Europe have begun dominating the domestic market.
As US dollar price soars and yuan plummets, year-end threat looms
The sharp appreciation of the US dollar after the news about the US election and the fall of the Chinese yuan to a 6-year low could create risks for Vietnam’s economy.
What do Vietnamese startups need to succeed?
Vietnam still lacks a complete ecosystem for startups to develop successfully, analysts say.
Rising private consumption to be major contributor to GDP growth
China and other countries are looking to consumers and shifting to the production of the goods which bring higher added value. What is the trend in Vietnam?