Economy shows signs of losing momentum: expert Business

Economy shows signs of losing momentum: expert

Vietnam’s economy grew at a fast pace in the first half of 2018 compared to the previous years, but there are indications that it is losing momentum – a problem not only in the last half of the year but also in 2019 and 2020.
ASEAN, EU seek closer cooperation amidst possible global trade war ASEAN

ASEAN, EU seek closer cooperation amidst possible global trade war

The Association of Southeast Asian Nations (ASEAN) and the European Union (EU) have highlighted the significance of fighting protectionism and a possible global trade war in the context that foreign ministers of both sides are working together on a free trade agreement between the two regions.
Vietnam witnesses robust socio-economic development in 7 months Business

Vietnam witnesses robust socio-economic development in 7 months

Vietnam has recorded robust socio-economic development in the first seven months of the year, with stable macro-economy, and good control over inflation, in the context of the escalating US-China trade war, said Minister-Chairman of the Government’s Office Mai Tien Dung.
VN currency suffers from US-China trade war Business

VN currency suffers from US-China trade war

The Government will have to decide either to devalue the Vietnamese dong further against the US dollar to support exports and avoid cheaper Chinese goods to flood in the local market, or keep the USD/VND exchange rate stable to avoid increased public debt and control inflation as the US-China trade war accelerates.
Experts: Vietnam must work hard to meet export targets Business

Experts: Vietnam must work hard to meet export targets

Vietnam’s exports of agricultural products are expected to face more challenges by the end of the year, so enterprises must follow market developments at home and abroad and improve the quality of their products, according to experts.
US-China trade war likely to hurt Vietnamese economy Business

US-China trade war likely to hurt Vietnamese economy

The ongoing US-China trade war will greatly impact on the structure of the world economy in the future, causing damage but also generating indirect opportunities for countries where the economy relies heavily on agricultural production like Vietnam.