Australian lender Commonwealth Bank of Australia said on Wednesday it has sold its remaining 4.4% stake in Vietnam International Commercial Joint Stock Bank and will receive A$170 million ($106.7 …
Can Vietnam’s ‘era of rising’ break the middle-income trap?
To set itself on the path to becoming a high-income country by 2045, Vietnam’s bold economic ambitions must be backed by diligent reforms.
Indonesia faces risk of mass layoffs as textile giants prepare to relocate them from Vietnam
Indonesia’s textile industry is on the brink of a major crisis as over a dozen large manufacturers plan to relocate from Vietnam, sparking concerns of factory closures and widespread layoffs, industry leaders warned on Wednesday (March 5).
Future of Vietnam’s economy: opportunities and challenges
Vietnam’s economy is facing challenges, but opportunities await as the global financial outlook evolves.
Vietnam holds dialogue with businesses from Asean, urging cooperation to achieve eight per cent GDP growth
HANOI: Prime Minister Pham Minh Chinh chaired a dialogue in Hanoi on Tuesday (March 4) with businesses from Asean member countries that are operating in Vietnam.
Vietnam launches first-ever digital technology enterprise map
In 2025, VINASA will introduce the VINASA Tech Map methodology, which will systematically map businesses within Vietnam’s digital technology sector.
Qatar’s JTA May Invest $1 Billion In Vietnam’s Top Tycoon’s VinFast
Billionaire Pham Nhat Vuong’s privately-held Vingroup is in talks with JTA Investment Qatar for a potential investment of at least $1 billion in its unprofitable VinFast Auto.
Vietnam’s manufacturers see optimistic outlook despite low February PMI
In a report released on March 3, S&P Global noted that the muted start to 2025 for the Vietnamese manufacturing sector continued into February, with weak demand leading to further reductions in new …
Vietnam PM Directs Finance Ministry, Central Bank to Draft Crypto Framework
Vietnam’s Prime Minister has directed the Ministry of Finance and the State Bank of Vietnam to prepare a legal framework to manage crypto.
Vietnam hailed as economic development model amid global uncertainties
Australia’s East Asia Forum commended Vietnam as an economic development model, crediting the new leadership for pushing hi-tech innovation, mega infrastructure and institutional reforms.