Vietnam and the US will continue to work towards finding a common ground on financial matters, including the VND/USD exchange rate and trade balances.
Aligned to the global movement towards a digital economy, Vietnam is taking the Fourth Industrial Revolution in its stride. The big question is who should take the lead in bringing Vietnam into this new digital environment. Grant Dennis, general director at PwC Consulting Vietnam, looks at the potential solution of public-private partnerships.
Six leading Israeli fintech companies came to Vietnam to attend the “Fintech – accelerating digital transformation through AI & Automation Technologies” seminar, joining around 100 representatives from firms, banks, and insurance companies from Vietnam.
As Vietnam’s cities and provinces are ramping up efforts with new action plans to realise the smart city dream, international tech giants are moving faster with new ambitious business plans.
The US-China trade war and fluctuation in material prices have set a burden on Vietnamese steel companies, reducing profits and even causing losses in 2019’s first quarter.
Since the onset of 2019, Danang has attracted more than $507 million of foreign and VND1.82 trillion ($79 million) of domestic investment capital.
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is knocking at the doors of every business including the country’s private sector.
American investors are ramping up their interest in Vietnam in order to mitigate the risks of the ongoing US-China trade dispute, as well as capitalise on one of the fastest-growing economies in the ASEAN bloc.
Local cement company Cong Thanh Group’s trillion-VND debts at Vietinbank will be shifted to Vietnam Asset Management Company (VAMC).
Electronic sports (e-sports) is the rising star of the entertainment industry and Vietnam currently holds a significant advantage in this high-value business.