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Significant gains towards public investment goals
Despite slow disbursement of foreign loans, that of public investment has become faster, contributing to making the country’s positive economic growth target feasible for the year.
Two key appeals pulling industrial relocation out of China into Vietnam
The benefits of recent trade agreements, low labour costs, and highly appealing incentives are amplifying the nation's appeal and encouraging manufacturers hit by US tariffs to relocate out of China.
Muji opens its largest store in Southeast Asia in Vietnam
Muji, a Japanese retail company, officially opened its largest store in Southeast Asia in Vietnam in the context of its success in controlling the COVID-19 epidemic and Black Friday.
Multi-level marketing flourishes during the pandemic
Despite the COVID-19 pandemic’s disruptive impact on retail and consumption, multi-level marketing (MLM) activities have been blossoming, with steady improvements in quality and earning growing trust from customers.
Land rental rise in industrial property
The increasing demand and the drying up of land banks in industrial zones has bumped up rental prices in first-tier property markets in Vietnam.
More thrust to propel foreign investment in aviation
Despite expectations to the contrary, Vietnam’s existing rules easing access to conditional business lines in civil aviation have been unable to improve the sector’s investment picture, with financiers calling for relaxation of foreign ownership limits.
Growing trade remedies a sign of rising export activity
As Vietnam is continuously increasing its presence and exploring new export markets, applied trade remedies against domestic producers and their goods have become more frequent.
BASF placing focus on education and sustainability
German chemical giant BASF has been very active in the Vietnamese market and with the enforcement of the EU-Vietnam Free Trade Agreement, the company is seeking to make an even bigger mark.
Setting the scene for Vietnam’s future human development
With Vietnam celebrating the 44th anniversary of joining the United Nations this month, Caitlin Wiesen, resident representative in Vietnam for the United Nations Development Programme, pores over the country's progress in human development and the challenges ahead to tackle various inequalities.
Measures thrashed out to protect sugar farmers
While local sugarcane farmers have been taking a fair dent from the effects of the pandemic, regional competition fuelled by the commitments of the ASEAN Trade in Goods Agreement has further put pressure on them, leading to a daunting situation for the already declining sector.