Việt Nam News

Việt Nam ranked second in term of cryptocurrrency use, driven by remittance payments, according to a recent survey by a global provider of market and consumer data Statista.

To support small businesses affected by the Covid-19 pandemic, HCM City authorities have instructed traditional markets to reduce their rents by 50 per cent for six months.

Logistics, considered a backbone of Việt Nam's economy, is among eight sectors prioritised by the national programme for digital transformation until 2025.

The Vietnamese stock market is forecast to prosper after the Tết (Lunar New Year) holiday in accordance with the strong growth of stock markets around the world, analysts said.

Brokerages forecast Vietnamese stock market will prosper in 2021 and greatly influenced by the speed of economic recovery and the developments of the COVID-19 globally.

Competition among banks to lure demand deposits is becoming fiercer as the cheap capital source helps banks increase their net interest income (NIM) ratio.

Despite facing difficulties due to the COVID-19 pandemic, seafood exports last year were estimated at US$8.58 billion, the same as in 2019.

Da Nang authorities are building a detailed plan for the city's first international duty-free zone and smart urban area for investors, with construction set to commence soon as the Import-Export Pan Pacific Group (IPPG) has asked the city to allocate land for the project.

The bilateral and multilateral free trade agreements between Việt Nam and other countries such as the EU- Việt Nam and the UK-Việt Nam FTAs with preferential tariffs will create favourable conditions for Vietnamese rice to compete with that from rival countries, the Việt Nam Food Association said.

Việt Nam has more real estate investment opportunities than other more mature Asia-Pacific markets, though certain difficulties remain.

We sat down with Phạm Thị Thu Diệp, the newly appointed Country General Manager of IBM Vietnam, to discuss the growth of Việt Nam's IT sector in 2021 and how IBM will play a part in this overall picture.

'Buffalo' represents hard work, persistence and stability in the Vietnamese people's conception, and these characteristics are considered to apply to people born in the Year of the Buffalo

With uncertainties caused by COVID-19 persisting, gold, stock, and real estate are still promising investments for Vietnamese investors in 2021.

Modern and online shopping channels recorded strong growth last year and will continue to thrive this year, according to experts.

Sóc Trăng Province efforts to improve its business climate is paying off with more and more investors, both domestic and foreign, coming since 2016.

The impacts of the COVID-19 pandemic and Industry 4.0 required construction firms to invest in technology to improve efficiency.

A year after acquiring VinCommerce, Masan is restructuring the supermarket chain to realise its vision of becoming a retail-consumer unicorn. During a turbulent 2020, when many businesses were hit hard by the Covid-19 pandemic, Masan and its affiliates went on to complete major M&A deals, including the acquisitions of VinCommerce, NET Detergent and the tungsten business platform of H.C.Starck, and buying a stake in 3F Viet, a leading Vietnamese poultry player. 

Corporate social responsibility is the decisive factor that could enable Vietnamese firms to survive the pandemic, Berend van Wel, the managing director of FrieslandCampina Vietnam (FCV), has said.