Việt Nam News

‘Made in Việt Nam’ products are required to have a localisation rate of 30 per cent and be partly produced in Việt Nam.

Some experts have said recently there is an excessive money supply in the economy. They pointed to core inflation of 1.96 per cent year-on-year in June this year, warning this is the correct measure of prices rather than headline inflation, which most people follow in the country.

Gold prices on global markets have made strong gains in the past two months, but investors with short-term appetite seem uninterested in gold.

Though many banks have posted positive profits in the first half of 2019, their bad debts have continually increased in the wake of high credit growth in risky business segments.

Vietnamese businesses cannot stand outside the circular economy, especially in the context of global economic integration with commitments on ecological and environmental safety standards through free trade agreements.

Việt Nam’s index of industrial production (IIP) rose by 9.4 per cent year-on-year in the first seven months of this year, according to the General Statistics Office (GSO).

Japanese investors are pouring money into hundreds of restaurants in Việt Nam as local incomes continue to rise around the country.

The shipment was announced at the opening ceremony of the Sông Mã Longan Festival here the same day. 

The plant will produce air purifiers, LCD displays and electronic devices from fiscal 2020, the company said in a press release last week. But it did not disclose the cost of building the factory.

The International East-West Economic Corridor (EWEC) Trade and Tourism Fair is taking place in the central coastal city of Đà Nẵng, featuring 500 booths from more than 360 domestic and international exhibitors.

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The Vietnamese stock market last week suffered after having rallied for four consecutive weeks amid negative news from the international markets.

About 79,300 new businesses were established in Việt Nam with total registered capital of VNĐ999.4 trillion (nearly US$43 billion) in the first seven months of 2019, data from the General Statistics Office (GSO) has revealed.

More positive signs would appear in HCM City’s property market in the year-end months despite of difficulties in the first half of the year, said Chairman of the HCM City Real Estate Association Lê Hoàng Châu.

Vietnamese textile and apparel firms are facing tough times expanding their businesses, especially in terms of human resource development, experts said on Friday.

Vietnamese enterprises poured US$278 million in 30 countries and territories in the first seven months of this year, the Ministry of Planning and Investment’s Foreign Investment Agency said in its latest report. 

In the context of increasing international integration, Vietnamese goods must ensure conditions of environmental protection, safety, high quality, low cost, great competitiveness, domestic market dominance and deep penetration of international markets.

HCM City is making efforts to improve its logistics services to create a driving force for its economy as well as that of the southern key economic region.