AICA Kogyo Co., a Japanese manufacturer of chemicals and housing materials, said on October 4 it will buy two Vietnamese synthetic material makers at a total cost of about 980 million JPY (9.2 million USD).

Despite Government limitations on raw mineral exports, the Ministry of Industry and Trade (MoIT) says help is on hand for local enterprises.

Steel company plans to switch bourse

Vietnam has recently found cases of foreign enterprises falsely labelling their products as originating in Vietnam to illegally benefit from the free trade agreements (FTAs) the country is a member of and avoid trade defence mechanisms.

The stability of the VND has contributed to decreasing demand for the dollar as people prefer the national currency due to the large spread between interest rates on VND and the dollar.

Vietnam’s internet economy is booming, as it reaches for US$12 billion in 2019 on a 38% annualized growth rate since 2015, and projected to increase to US$43 billion by 2025.

Vietnam’s growth is exceeding expectations, prompting economists and researchers to revise forecasts for the nation in the near term, while remaining cautious due to fears of a global economic recession.

Toyota says sales in South Korea have been hit by simmering tensions between Seoul and Tokyo.

If successful, Kakao’s presence in Vietnam would mark its second overseas expansion after it signed a partnership with Japan Taxi last year to enable call taxi services for Korean users.

Trade tensions between the US and China are driving increased real estate investor interest in Southeast Asian countries, with Vietnam’s industrial sector a key focal point, according to JLL Vietnam.

Fading external demand and a weaker global outlook serve as the primary concerns for Vietnam’s export-reliant economy.

Emerging channels contribute two thirds of total incremental spending come from these channels.

Commercial banks are expected to lower lending interest rates after getting more support to cut input costs from the State Bank of Viet Nam (SBV)’s...

Vietnam shipped abroad 586,000 tonnes of rice in September for $251 million, pushing the total rice export volume and value in the first nine months of this year to 5.2 million tonnes and $2.24 billion, respectively.

The Civil Aviation Authority of Vietnam (CAAV) has completed its appraisal and evaluation of Thien Minh Aviation JSC’s proposal to set up a new airline, called Kite Air.

With a population of nearly 100 million, the country’s final consumption expenditure has been maintaining at a high rate of over 70% annually, indicating huge potential remains for the market.

HSBC Vietnam appoints new CEO

Corona Casino – the first casino in Vietnam where Vietnamese people are permitted to gamble – has reported a gross profit of $13.04 million and pre-tax profit of $4.7 million after six months of operation.

To date, Saigon Beer Alcohol Beverage Corp (Sabeco) only has two major shareholders, including Vietnam Beverage with a 53.59% stake and the Ministry of Industry and Trade being state capital representative at the brewer with 36%.

The World Trade Organization has slashed its forecast for trade growth this year by more than half, warning the slowdown could hit living standards and jobs.