According to the report, Vingroup’s net sales in the third quarter 2015 was VND7,251 billion, a slight decrease of 5%.
If Apple considers Vietnam an important market in the future, it is very likely to set up stores, and if so, sales agents will be able to buy iPhones and iPads directly from Apple Vietnam instead of importing from Apple Singapore.
Questions have been raised about the role of the State Capital Investment Corporation (SCIC) and about what it would do after it sells all valuable assets.
Just within three months, the Ministry of Finance (MOF) has announced a series of plans to borrow money for the state budget totaling US$5.3 billion.
International institutions agree that Vietnam’s economy is recovering strongly while seeing a bright outlook for its continued growth.
A well-developed automobile market, an abundant rubber supply, a cheap labor force and reasonable tax policies all help make Vietnam an attractive market for foreign tyre manufacturers.
While big conglomerates have poured money into agricultural production projects, many of them cannot reap fruit.
Hanoi authorities are struggling to deal with rising number of commercial posters and banners for music events littering the streets.
The decline of the Chinese economy will have a negative impact on Vietnam, but the impacts will be insignificant in the short term. Vietnam’s import/export activities will suffer the most, according to a Ministry of Planning and Investment’s report.
Vietnam aims to get 18 official tickets to the 2016 Olympics but so far Vietnamese top athletes have just got three cards. The target seems to be too far to reach as the number of qualifying tournaments declines.