Exporting laborers must not be seen as a long term solution to the economy, experts have recommended.
International investment funds are preparing billions of dollars to hunt for land in Thu Thiem area in HCM City to develop long-term real estate projects.
Convenience store chains which have been expanded in Vietnam will serve as the important channel for Japanese manufacturers.
With the number of children aged 0-14 accounting for 40% of the population of 90 million and improved living standards, Vietnam has seen an increase in the world’s famous brands.
The US economic presence in Vietnam has been increasing steadily since the normalization of Vietnam-US relations since the 1990s. Russia, which was once the largest trade partner of Vietnam, has also returned.
Hanoians’ dream of owning cheaper cars after the tax cuts under the ASEAN Free Trade Agreement (FTA) may be dashed as local authorities are considering applying a quota scheme in an effort to restrict the number of cars in circulation.
A spokesperson for Song Da No2 Joint Stock Company (SD2) called up a magazine to grumble that steel prices have skyrocketed, pushing up costs for his company by billions of dong since the prices started to rise.
The state-owned enterprises (SOEs) using foreign loans for production and business fields which bring profits will no longer get a government guarantee for loans.
The Ministry of Finance has completed tax tables on preferential import tariffs to prepare for Vietnam’s commitments in the free trade agreement (FTA) between Vietnam and the Eurasian Economic Union (EAEU).
Two huge merger & acquisition (M&A) deals were made just in the first three months of the year. The foreign direct investment (FDI) flow into the real estate sector exceeded US$2 billion by the end of 2015.