According to UOB, following the US’s announcement of reciprocal tariffs of 46% on Vietnamese goods on April 2, around 80% of Vietnamese businesses have proactively taken measures to respond to potential impacts.
The State Bank of Vietnam (SBV)’s central exchange rate this week even set a new peak, surpassing 25,000 VND per dollar for the first time. The dollar selling price at commercial banks has also remained close to the ceiling, indicating that pressure on the USD/VND exchange rate has not decreased.
Vietnam national brands in 2024 will be honoured at a ceremony slated for November 4 in Hanoi, which will be broadcast live by Vietnam Television, the Trade Promotion Agency (VIETRADE) under the Ministry of Industry and Trade announced at a press conference on October 28.
Online exports are seen as a “launchpad” that helps businesses maintain sustainable revenue and increase exports in the context of rising inflation and consumers tightening their spending, according to insiders.
Many localities across the country are making every effort to promote their tourism potential to international markets while stimulating domestic demand in the coming time, with the aim of capitalising on the travel season at the year's end.
Prime Minister Pham Minh Chinh has requested the Minister of Finance to submit measures ensuring the healthy, transparent, safe and effective operations of corporate bond market to him before December 20.
Vietnamese airports are expected to serve 100 million passengers this year, compared to the pre-pandemic level of 120 million recorded in 2019, according to the Civil Aviation Authority of Vietnam.
The president of the Vietnam Aviation Business Association (VABA) has proposed to adjust the ceiling fare for domestic airlines to promote the industry's recovery.
Vingroup has just announced its bond issuance on the international market in 2022, worth 525 million USD, with the offering price of 1 million USD a bond. The issue date is expected to be in May.
New investment models will be key to create opportunities for the development of Vietnam’s culture and creative industries in the international market.
Vietnam has been forecast to have 37 groups of commodities posting an export value of over 1 billion USD each in 2021, an increase of four groups compared to 2020, despite the complicated developments of the COVID-19 pandemic.
Experts and economists have proposed to expand the issuance of Government bonds to the international market, saying that this will help increase oppotunities to mobilise investment flows for socio-economic development projects of Vietnam in the time to come.
Nearly half, or 49.1 percent of firms in a recent survey of the General Statistics Office (GSO) on business trend of firms operating in processing and manufacturing, expect business situation to improve in the third quarter of 2020.
Hanoi aims to have additional 700 products qualified for standards of the One Commune - One Product (OCOP) programme by the end of this year, heard a recent conference of the municipal Party Committee on the implementation of the programme.
A total of 754 households with 837 hectares of pepper in the southern province of Ba Ria-Vung Tau have received Sustainable Agriculture Network (SAN) certificates under a three-year project.
Ceramic industry operators worldwide will display technology innovations at the ASEAN Ceramics 2019 in Thailand to develop their potential and enhance competitiveness in the international market.
