The average daily trading value on Vietnam’s stock market has reached more than 30.84 trillion VND (1.34 billion USD) per session so far this year, up 15.9 percent from the last year’s figure and now the second largest in ASEAN, only after Thailand, according to the Ministry of Finance.
Amid the COVID-19 pandemic’s severe impacts on global supply chains, the ASEAN market in close proximity with Vietnam is holding opportunities for the country’s enterprises, an official has said.
Vietnamese multi-business group THACO on June 1, 2020 exported to the US market another 36 semi-trailers manufactured at its Special Vehicles Manufacturing Limited Company, or THACO SV, in THACO Chu Lai Industrial Park, Quang Nam province.
Thailand’s biggest drinks company Thai Beverage (ThaiBev) will allocate 7 billion THB (about 230 million USD) next year to renovate 25-year-old breweries and increase sales from all beverages in populous ASEAN countries in the next six years.
A conference was held in Hanoi on September 23 to seek solutions to support and create favourable conditions for businesses to export goods and services to the ASEAN market.
Prime Minister Nguyen Xuan Phuc highlighted potentials for Vietnam and Norway to enhance economic cooperation, especially in renewable energy, industry and aquaculture, at the Vietnam-Norway Business Forum in Oslo on May 24.
Vietnam is an impressive emerging market with a rapid increase of foreign direct investment (FDI) as well as the appearance of mega-factories in recent years, stimulating technology corporations to expand their presence here.
ASEAN and China are big markets that are yet fully tapped by Vietnamese exporters, heard a forum on the two markets held in Ho Chi Minh City on December 14.
Russian Helicopters, a Moscow-based helicopter design and manufacturing company, sets a goal to increase its market share of civilian helicopters in the Association of Southeast Asian Nations (ASEAN).
Vietnam is seen as a gateway for businesses from the Republic of Korea (RoK) to enter the ASEAN market, said experts at a forum in Hanoi on December 3.
The Entrepreneurs’ Culture Magazine, the Centre for Research, Preservation and Promotion of Vietnamese National Culture, and the Van Hien Vietnam Magazine jointly held a conference to connect the Vietnam – ASEAN business community and the Vietnam – ASEAN cultural exchange for this year in Kuala Lumpur on November 2.
The Vietnamese Embassy in Chile and Ecuador and Ecuador’s Chamber of Commerce of Quito recently organised the Vietnam-Ecuador Business Forum to promote trade and investment between the two countries.
After 23 years joining the Association of Southeast Asian Nations (ASEAN), Vietnam’s economy has connected closely with the bloc’s economy, especially after the ASEAN Economic Community (AEC) was set up in late 2015, said Minister of Industry and Trade Tran Tuan Anh.
French businesses are looking to promote their technology and products in the Association of Southeast Asian Nations (ASEAN), aiming to raising France’s competitiveness in a region until now dominated by goods from Japan, the Republic of Korea and China.
Standard Chartered Bank has affirmed its strong commitment to supporting enterprises from ASEAN member nations in expanding their business in the region and the world, heard a seminar on May 16.
Deputy Prime Minister Vuong Dinh Hue has affirmed that Vietnam always opens doors for Israeli businesses and supports them to access its 90-million strong market, over-600-million ASEAN market, and other countries that have established trade ties with Vietnam.
A forum on how to seize investment and trade opportunities in the ASEAN region took place in Jakarta, Indonesia, on November 23, gathering businessmen, economic experts and policy makers regionally and internationally.
Vietnamese businesses should pay more attention to ASEAN markets in order to make use of the advantages created by the establishment of the ASEAN Community.
The Tourism Authority of Thailand (TAT) has revised down its target for tourism related income next year, citing concerns about global, regional and national economic and political situation.
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