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Supporting industries have ample room for improvement
Most Vietnamese firms operating in supporting industries are technologically and managerially underdeveloped, according to insiders.
Huge potential for Vietnam’s timber exports
Due to the ongoing conflict in Ukraine, and many European countries turning their back on the supply of gas from Russia, the export potential of wood, and especially wood pellets, is on an upward trend.
FPT invests in LTS Inc., strengthening consulting capabilities in Japan
FPT has announced an investment in the Japanese business consulting services provider LTS Inc, becoming a strategic shareholder.
FDI inflow from RoK helps Vietnam move up global value chain ladder
The strong foreign direct investment (FDI) inflow from the Republic of Korea (RoK) has been giving a significant push to Vietnam in the battle to move up the global value chain ladder and promote sustainable development.
Foreign inflows influenced more by global trend
The orientation of foreign capital flows pouring into Vietnam is heavily influenced by global factors.
VinFast commits to accelerating global electrified mobility
VinFast, the automotive arm of Vietnam's largest conglomerate Vingroup, announced recently that it has joined the COP26 zero emission vehicles (ZEV) declaration to affirm its commitment to reaching 100% zero emission new vehicle sales in leading markets by 2035 or earlier.
Health experts call for improving quality of mental health care
Health experts called for more collaboration and actions to ensure quality mental health care for everyone at a meeting in Hanoi to celebrate World Mental Health Day on October 10.
Higher funding costs to have limited impact on Vietnamese banks
The Vietnamese central bank’s move to lift short-term deposit rate caps is likely to raise the average cost of funds – both deposit and interbank rates – for Vietnamese commercial banks.
Vietnam to improve science and technology market to reduce reliance on imports
Vietnam plans to focus on improving the science and technology market with the establishment of three trading platforms in order to reduce reliance on imports, Minister of Science and Technology Huynh Thanh Dat has said.
Vietnam's national brand value up 11%
Vietnam's national brand value rose by 11% this year, up from US$388 billion to US$431 billion, thanks to its growing investment attractiveness to foreign manufacturers, according to the leading brand valuation consultancy Brand Finance.