vietnam business news

Update news vietnam business news

New growth incentives for Vietnamese economy

Vietnam’s GDP rose by 7.31% in the third quarter of this year, contributing to raising the nine-month GDP to the highest level over the past nine years, signaling that Vietnam's economy can make a breakthrough.

External risks weigh on foreign capital pouring into Vietnam’s stock market

Foreign investors’ trading on exchanges and net injecting/withdrawing value from the exchange-traded funds (ETFs) has a high correlation with a usual lag of one month. 

Anti-smuggling watchdog calls for tighter control over C/O issuance

The Anti-Smuggling and Investigation Department has called on the Ministry of Industry and Trade and the Vietnam Chamber of Commerce and Industry to strengthen management over the issuance of certificates of origin to curb fraud.

Vietnam to name government agencies sluggish in disbursing ODA

Starting October 15, the Ministry of Finance is scheduled to disclose the disbursement data on a 15-day basis at http://mof.gov.vn.

Vietnam's carriers required to quote full airfares

The Ministry of Finance has announced a requirement for local carriers to quote fares that include all taxes and fees. The move is expected to end disputes among local airlines over ways of quoting airfares.

Vietnam targets contraband, counterfeit goods sold online

Jewellery, cosmetics, supplements, liquor, clothing and footwear sold online are among the Ministry of Industry and Trade’s (MoIT) targets in their upcoming campaign to fight contraband and counterfeit goods.

 

Vietnam’s ride hailing market exceeds US$1-billion revenue

The market is on track to hit US$4 billion by 2025, becoming the fourth in the region, after Indonesia, Singapore and Thailand.

Vietnam steel producers face anti-dumping lawsuits

The local steel industry is dealing with an increasing number of tax evasion and antidumping lawsuits in other countries, due to the allegedly fraudulent origins of steel exports, according to the Vietnam Steel Association (VSA).

Circular economy deemed optimal solution for Vietnam towards green economy

The Vietnamese government has taken actions to tap the US$4.5-trillion market potential generated by circular economy, said an expert.

BUSINESS NEWS OCTOBER 8

Capital funneled into priority fields: central bank

Edtech a promising space

The views of a range of stakeholders on what the future holds for edtech.

Caught in the line of fire

Vietnam may get stuck in the Sino-American trade war, contrary to earlier projections for opportunities to come.

M&As retain promise in Vietnam

Local and foreign insiders are optimistic about the outlook for M&As in Vietnam over the next couple of years.

Vietnam’s banks urged to maintain CASA ratio to control funding costs

While the expansion of asset yields becomes more limited as the transition towards retail lending slows down and competition intensifies, the control of funding costs serves as a driver of interest income growth.

Electronic know your customer/client holds key to digital banking

The banking sector is waiting for the State Bank of Viet Nam to allow the use of electronic know your customer/client (e-KYC).

Vietnam to top Asia auto sales amid fall of biggest markets

The rising vehicle imports are posing huge competitive pressure on domestically-produced vehicles.

Different scenarios for VN-Index in Q4

Brokerages proposed different scenarios for the movement of VN-Index from now until the end of the year depending on the world's economic growth prospects.

 

Vietnam a regional pacesetter in internet economy

Fifty per cent of Vietnamese researched online prior to purchasing Financial Services offline, according to the latest report from Google, Temasek, and Bain & Company.

Why Vietnam ranks eighth among top 20 countries to invest in

Vietnam was ranked eighth among the top 20 best countries to invest in by US News & World Report, surpassing neighbours like Malaysia, Indonesia, and Singapore.

BUSINESS NEWS OCTOBER 7

Car imports skyrocket in first 9 months