Many economic sectors in the southern province of Dong Nai, including major industries, are expected to face a range of difficulties due to the impact of COVID-19, especially in ensuring supplies of production materials.
Growing Tac Cau pineapple, a specialty fruit in southern Kien Giang province, under Vietnamese good agricultural practices (VietGAP), has offered high profits for farmers in Chau Thanh district’s Binh An commune.
Though Tet (Lunar New Year) is approaching with rising capital demands, the liquidity of the banking system is abundant, helping interest rates in the inter-bank market drop sharply, industry insiders said.
The increasing inflow of remittances ahead of the Lunar New Year has replenished the liquidity of the banking system, thus resulting in a steep fall in the interbank interest rates in January, according to insiders.
Foreign direct investment in the wood processing industry has increased rapidly, especially since 2018, the Vietnam Timber and Forest Product Association has said.
Foreign direct investment in the wood processing industry has increased rapidly, especially since 2018, the Vietnam Timber and Forest Product Association has said.
A recent survey of the Japan Bank for International Cooperation (JBIC) has found that 36.4 percent of Japanese businesses operating overseasviewed Vietnam as a promising investment destination, up 2.5 percent from 2018.
A business delegation from the Japanese prefecture of Hyogo worked with authorities of the northern province of Ha Nam on November 5 to study the local investment environment.
The Mekong Delta province of Tra Vinh has encouraged more farmers to grow peanuts with organic fertiliser and less irrigation water to save labour costs and improve income.
The northern mountainous province of Vinh Phuc is implementing several policies to support industrial and handicraft establishments in rural areas, with the goal of shifting the economic structural in rural areas.
News and World Report of the US has ranked Vietnam eighth among 29 best economies to invest in, and first among the Association of Southeast Asian Nations (ASEAN) in the list.
Up to 70 percent of Japanese businesses want to expand investment in Vietnam, especially in agriculture, a recent survey conducted by the Japan External Trade Organisation (JETRO) showed.
Many companies are moving their factories from other countries to Vietnam, showing the potential for strong development of industrial real estate, according to Savills Vietnam.
Many companies are moving their factories from other countries to Vietnam, showing the potential for strong development of industrial real estate, according to Savills Vietnam.
Business leaders and economic experts discussed how an open economy like Vietnam should deal with risks and impacts in the wake of international economic and technological upheavals at a business forum themed “Navigating the digital age” held by Forbes Vietnam in HCM City on August 15.