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Hi-tech production soars amidst foreign investment
Production is booming in the tech sector as recent indications see Vietnam emerging as a major manufacturing base for Korean tech giants that manufacture TVs and other consumer electronic goods, expanding beyond the limits of mobile phone assembly.
Soaring bank provision anticipated for bad debt control
Loan-loss provisions of local banks are expected to mount up in the upcoming months to reach the goal of driving the banking sector’s bad debt rate to below 3% by the end of year.
Automobile manufacturers’ preparation for 2018 deadline
Vietnam based automobile manufacturers are deliberating continuing activities in manufacturing or shifting to importing CKD units before the deadline of 2018, when Vietnam fully opens its door to global trade by reducing import taxes to zero.
Textilers move in ahead of FTAs
Foreign textile and garment firms are reeling out new investments in anticipation of upcoming free trade agreements.
Surveys show foreign firms’ satisfaction with Vietnam
Foreign enterprises remain upbeat over Vietnam’s business climate, according to high-profile surveys.
Vietnam to scoop value in EU markets
Negotiations on the EU-Vietnam Free Trade Agreement have reached their final discussions, with talks expected to be wrapped up by June. EU-MUTRAP technical assistant team leader Claudio Dordi analyses the hallmark agreement’s potential impacts on Vietnam’s economy.
Officials to gamble on ban decision
As the government mulls over plans to lift the ban on Vietnamese citizens gambling in local casinos, Andrew W Scott, chief executive officer of World Gaming Group Ltd. and founder of the World Gaming Magazine, writes on this contentious issue within a wider international context.
Swedes to raise presence
Scores of Swedish enterprises will come to Vietnam this year in the hunt for investment and business opportunities.
Car sales to slow ahead of 2018 tariff cuts
Car sales have shown a positive trend this year with the distribution number for high-end imports on the rise.
Taiwanese eye fresh FTA prospects
A new wave of Taiwanese investments is expecting to hit Vietnam off the back of the country’s Free Trade Agreements (FTAs).