A “low touch economy” for Vietnam can be considered as a strategic response to COVID-19 While the race for a vaccine is accelerating across the world, a recent Imperial College London report forecaste …
HSBC: Vietnam expects positive global export prospect
If there was a new wave of infections in Vietnam, it could still be relatively better off given that the situation is worse in many other markets and regions“, according to HSBC Global Research. “Viet …
ASEAN’s investment contributes significantlly to Vietnam’s economic development
Since Vietnam joined ASEAN (July 28, 1995) and committed to the implementation of the ASEAN Free Trade Agreement (AFTA) in 1996, ASEAN’s direct investment has contributed significantly to Vietnam’s …
Vietnam PM says risk of widespread COVID-19 infection ‘very high’
The risk of COVID-19 spreading widely in Vietnam is “very high”, its prime minister said on Friday, after a new outbreak in the central city of Danang late last month ended a three month run of no new …
Vietnam’s proptech startups favored by investors despite Covid-19
Many Vietnam’s startups have died young during Covid-19, but startups in the real estate sector, or proptech, appear to have been unhurt by the epidemic.
Vietnam rice rates jump on supply crunch; high Thai prices cut demand
Waning rice supplies in Vietnam pushed export prices to a near two-month peak this week, while a strengthening domestic currency kept rates of the Thai variety high, subduing demand. Vietnam’s 5% …
Vietnam becomes second most optimistic country in Q2 2020: Nielsen
Overcoming the first wave of Covid-19, in the second quarter (Q2) of 2020, Vietnam became the second most optimistic country globally with Consumer Confidence Index of 117 points, despite being down 9 …
Vietnam c.bank cuts policy rates for third time this year
The State Bank of Vietnam (SBV), the country’s central bank, has decided to slash policy interest rates for the third time this year by 20–50 basis points amid sluggish credit growth, with immediate …
Rising disposable incomes augment wine consumption in Vietnam
Vietnam’s rapid economic growth, the expansion of households’ disposable income levels, combined with a large youthful consumer base, are driving greater levels of spending on alcohol, which is …
Da Nang factories’ dilemma: Keep business going and workers safe
On July 16 a woman working at the Hoa Khanh Industrial Park in Da Nang’s Lien Chieu District started going to Da Nang Hospital, the biggest Covid-19 hotspot in Vietnam so far, to take care of her ill …