Despite the negative impacts of the US-China trade war on the global market, Vietnam is expected to see a new record in trade turnover this year, thanks to a rise in both exports and imports, given surging domestic production and export prices. 

Hon Gai International Harbour on Ha Long Bay in the northern province of Quang Ninh is scheduled to put into operation next month.

The escalating trade war between China and the US is increasing the pressure on Vietnam’s rubber exports, as China is currently Vietnam’s largest export market.

As climate change continues to cause unusual and unpredictable weather around the world, it is creating new challenges for farmers. Drought, flooding, and temperature extremes will increase as the earth’s temperatures rise by 2-3°C (4-6°F) in the next 50 years, threatening farm productivity, decreasing harvests, and augmenting pest pressures.  

With unceasing efforts throughout its 15 years of operations in Vietnam, Universal Robina Corporation is keen on expanding market coverage to become an important part of the foreign direct investment community and contribute to the country’s development.

Policies are a leverage to stimulate foreign direct investment (FDI) flows into large transport infrastructure projects, such as North-South Expressway or Long Thanh International Airport.

The biggest QR code payment firm in Vietnam, VNPAY has entered into a co-operation with Vietjet to apply QR code technology for online ticket bookings.

German chemical giant BASF has made a firm commitment to supporting the growth of Vietnam. Tanachart Ralsiripong, managing director of BASF Vietnam, spoke to VIR’s Kim Chung about his insights into the market and how BASF will drive business growth in Vietnam.

Two major foreign direct investment projects on accessories production in the textile and apparel industry concurrently coming online late last month have boosted the sector’s production capacity as well as perfected its supply chain.

Money from Asian investment funds is finding its way to Vietnam’s listed equities, spurred by mergers and acquisitions of conglomerates from Japan, Thailand, and the Republic of Korea.