28
10-2020
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Firms yet to capitalise on FTA

Many Japanese firms in Viet Nam have failed to make the most of tariff preferences under the Viet Nam-Japan free trade agreement, said Atsuko Fukagawa, deputy managing director of the Japan External Trade Organisation (JETRO) office in HCM City. Automotive component production line at Japanese wholly-invested Nissin factory in northern Hoa Binh Province. Many Japanese […]
28
10-2020
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Singapore, Malaysia among biggest investors in Vietnam: report

Eight out of 10 member states of ASEAN have made investments in Vietnam with a total pledge of $56.32 billion for 2,681 projects, the Foreign Investment Agency recently reported.  Property projects under construction in Ho Chi Minh City. Photo: Le Quan The cumulative investment figure was recorded at the end of September and was up […]
28
10-2020
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Thinktank urges for more cautious monetary policy

The Vietnam Institute for Economic and Policy Research (VEPR) has said the central bank should adopt a more cautious monetary policy to avoid asset bubble risk in the future. The institute said there should be strict control of money supply in accordance with the nominal GDP growth rate, as the country’s credit growth was showing […]
28
10-2020
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New strategies urged for Trans-Pacific Partnership deal

The Vietnamese business community must develop new business strategies in order to be more competitive after the Trans-Pacific Partnership (TPP) takes effect, delegates heard at a conference. Nearly zero percent, which will open up huge opportunities for the steel industry. Steel output for exports is expected to increase by 35 per cent against the current […]
28
10-2020
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Electricity sector copes with water shortages

The Electricity of Vietnam (EVN) corporation has stepped up efforts and preparations to cope with droughts and water shortages caused by the El Nino phenomenon to ensure a stable supply of electricity nationwide. El Nino is an abnormal weather phenomenon caused by the warming of the Pacific Ocean. It began at the end of 2014, […]
28
10-2020
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Vietnam gasoline prices slightly drop

Retail gasoline prices in Vietnam were reduced by between 0.1 percent and 0.71 percent, but prices of diesel oil and kerosene see further hikes. According to a statement issued jointly by the Ministry of Finance and the Ministry of Industry and Trade, Vietnam’s most popular gasoline grade 92-RON now sells at VND18,003 (around 81 cents) […]