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Agribusiness will bloom with EVFTA’s tariff cuts
The EU-Vietnam Free Trade Agreement, with its extensive tariff cuts for agri-food products, is prompting foreign companies to enter the Southeast Asian market seeking investment and business opportunities in these products.
Industrial production on a high
The growing confidence of the business community in Vietnam has led to upbeat development of the economy in this year’s first eight months, with industrial production hitting an eight-year high, serving as a major impetus for economic growth.
Fintech primed to boost financial services sector in Vietnam
Vietnam is making strong policy moves to bolster the development of fintech, welcoming a surge of fintech platforms and providers to service its 64 million (and growing) connected users.
Coffee drinkers vote ‘local flavour’
Coffee has become a cornerstone of Vietnamese culture and a popular export item for decades. While foreign brands find it increasingly difficult to enter the lucrative market, domestic chains are more successful in catering to local tastes and have even begun to implement Fair Trade practices.
CapitaLand acquires prime residential site for US$61 million
Singapore’s leading real estate developer CapitaLand has recently announced that it has completed its third acquisition within a month in Vietnam.
Coach Park Hang-Seo nurtures the Vietnamese football dream
The Vietnamese Olympic Football Team's ambitious dream of winning the Gold Medal was almost within reach, only to be bested by Korea at the ASIAD 2018 semi-finals, denying them the chance to enter the Asiad finals for the first time ever.
Cement firms turn to exports to curb oversupply
Cement firms are scaling up efforts to boost exports to tackle the growing oversupply in the domestic market.
Capital market in need of FIE boost
Vietnam should look to capitalise on foreign resources to rectify the issue of thin capitalisation and enrich its capital market by improving market access to foreign investors and allowing foreign-invested companies to be listed on the local bourses.
Thai group Sansiri officially enters Vietnamese property market
Sansiri Group, one of the leading real estate companies in Thailand, officially entered the Vietnamese market and announced a strategic partnership with real estate distributor Denzell.
Supply chain optimisation boosts garment firms' competitiveness
Investing in logistics and applying lean management are considered two of the solutions to optimise the supply chain, helping domestic garment and textile firms to solve the issues related to warehousing operations to save costs and increase competitive capacity.