Vietnamplus

The Hoa Phat Group said its subsidiary - Hoa Phat Steel Pipe Co., Ltd - exported 17,000 tonnes of steel pipe in the first 11 months of 2019, a year-on-year increase of 22.3 percent.

As many as 40 policy recommendations for a sustainable energy future in Vietnam were introduced by the Vietnam Energy Partnership Group (VEPG) at the 3rd High-level Meeting and 1st Stakeholder Forum of the VEPG in Hanoi on December 10.

The Kasikorn Research Centre (K-Research) has revised down Thailand’s economic growth this year to 2.5 percent from the initial projection of 2.8 percent and projected the next year’s growth at 2.7 percent.

Vietnam and the Czech Republic have experienced sound growth in their trade revenue so far this year, according to the Czech Statistical Office.

The number of foreign tourist arrivals to Indonesia in 2019 may fall short of the government’s target of 18 million after attracting only 13.62 million in January - October.

Politburo member and head of the Party Central Committee’s Economic Commission Nguyen Van Binh on December 9 had a working session with the Permanent Mission of Vietnam to the United Nations (UN) and representative agencies after attending the Vietnam Executive Leadership Programme (VELP 2019) at Harvard University in Boston.

The Ministry of Industry and Trade’s Vietnam Competition Authority (VCA) has warned local consumers to be cautious about taking out online loans amid rampant scams.

Vietnam has made good progress in human development, with an average annual Human Development Index (HDI) growth of 1.36 percent during the 1990-2018 period.

Experts gathered at the Vietnam Travel; & Tourism Summit 2019 held in Hanoi on December 9 to discuss measures to help the Vietnamese tourism thrive in the future

Novaland Expo, which closed in Ho Chi Minh City on December 8, made a strong impression on domestic and foreign customers and investors. The five-day event attracted nearly 20,000 visitors.

The Tourism Authority of Thailand (TAT) plans to tap second-tier cities and provinces in Vietnam to bring in more first-time visitors to the country.

The Malaysian Ministry of International Trade and Industry (MITI) held the Informal Senior Officials’ Meeting (ISOM) of the Asia-Pacific Economic Cooperation (APEC) 2020 in Langkawi, Malaysia on December 9.

Ho Chi Minh City, the country’s commercial hub, has the potential to become a fintech hotspot of the country and region, according to experts.

The Asia Food and Beverage Summit and related activities will be held on March 5, 2020 to welcome Vietnam’s ASEAN chairmanship, according to the Vietnam Cuisine Culture Association (VCCA) and the Restaurant Association of Vietnam (RAV).

Bilateral trade between Vietnam and African economies has made significant growth in the past decade, however, there is still room for improvement.

Hoa Phat Group’s Dung Quat project will increase steel supply, leading to change market shares of steel firms on the domestic market, according to KIS Vietnam Securities Corporation (KIS).

Southeast Asia’s GDP growth is likely to remain at 4.5 percent in 2020, amid high risks of a re-escalation in trade tensions between the US and China, according to the latest report produced by the British advisory firm Oxford Economics.

Vietnam’s ports and shipping industry is more than sufficient to meet the country’s demand in import-export activities.

Many banks and finance companies have proactively adopted technologies to provide digital financial services, Nguyen Hoang Minh, a senior central bank official said.

With a record trade surplus of 9.12 billion USD over the first 11 months and year-on-year export growth of 7.8 percent, experts believe that 2019 will be the fourth straight year Vietnam will post a trade surplus.