News & Events

According to UOB Bank (Singapore), the manufacturing sector continues to grow strongly, FDI capital increases again, and tourism recovers… are the driving forces of Vietnam’s growth.

Ammunition is a special product that required the strickly protection and storage as it can be related to the security of a country, making a decision between life or death. Anyone has to work with or use them, it should very serious in how to maintain ammunition and other defence product properly preserved.

Vietnam has the second-lowest operating costs among nine countries in Asia and is assessed to have high logistics development potential, a report says.

The world’s largest trade pact RCEP will boost Vietnam’s trade in the long run as the country becomes part of a bigger supply chain, experts say.

There are many driving forces for growth for Vietnam in 2022, and the growth target of 6.0 – 6.5 percent for 2022 is quite feasible, according to foreign economists.

It has been two years since Covid-19 appeared and affected all activities from normal to a business one. Especially in the Manufacturing Industry which requires a large number of workers, the Covid-19 and quarantine action have strong effects, like a hurricane to the Industry. There is no doubt that Covid-19 has ushered in a large number of death cases and sicknesses which firstly could not be predicted all over the world. However, another side of the Covid impacts on business is that it promotes business owners to invest more in technology to improve working efficiency during quarantine duration. The way that business owner faces the new normal situation can decide this is a good time to improve the efficiency or it marks the end of a business? Hear me out.

Vietnam’s exports are estimated to have risen 19% this year to $336.25 billion, while its industrial output increased 4.8%, according to General Statistics Office (GSO).

The impacts from free trade agreements that both Vietnam and Australia are members would open up new opportunities to attract Australian enterprises to do business in the country.

Foreign investors want to come to Vietnam to do business but they need to know about contacts and where they can seek input materials, according to Vietnamese Ambassadors to the UK and Austria.

Vietnam’s manufacturing, retail and newly formed businesses posted positive growth in November, thanks to improved economic conditions according to the latest World Bank report.

Vietnam stands to benefit after the EU and China suspended the Comprehensive Agreement on Investment (CAI). The CAI was supposed to be a significant bilateral treaty that would replace the 26 existing bilateral investment treaties between 27 individual EU Member States and China, thus providing a uniform legal framework for EU-China investment ties.

Seventy-eight per cent of American companies in Vietnam says the country remains a “positive” or “very positive” long-term investment destination.

Kurt Campbell, the US National Security Council’s coordinator for the Indo-Pacific, has described Vietnam as one of the countries to define the future of Asia, according to asia.nikkei.com.

The UK’s Daily Mail newspaper has published an article hailing Vietnam as one of the world’s economic success stories.

The threat of China should bring two former enemies into a tight security relationship. James Stavridis reports on Bloomberg.

In the first eight months, the figure hit $73 billion. Last year, it was $90.8 billion, Hoang Quang Phong, deputy chairman of the Vietnam Chamber of Commerce and Industry (VCCI), told a forum Tuesday.

For the last few years, Vietnam has risen as a safe destination for development with FDI. By December 2020, there were 33,070 FDI projects with a total value of 384 billion USD, in which 231.86 billion USD (60.4%) of the funding had been disbursed.

HÀ NỘI — As the domestic market has been heavily affected by the COVID-19 pandemic, many small steel enterprises in Vietnam experienced a sharp decline in profit in the third quarter of 2021.

These remarks were made by Jose Vinals, group chairman of the bank, during the course of a dialogue with Vietnamese Minister of Industry and Trade Nguyen Hong Dien held within the framework of Prime Minister Pham Minh Chinh’s recent trip to COP26 in Glasgow, the UK.

The manufacturing sector in October saw significant expansion for the first time in five months as firms ramped up production to meet rising export orders spurred by the COVID-19 pandemic gradually coming under control, experts said.