Việt Nam may have experienced a tourism boom but one expert has warned the country needs a clear plan for the future.
Việt Nam has set a course for continued prosperity which means demand for professional wealth management services will only grow and grow as this dynamic country becomes even more of a global big-hitter.
Though there remains six months, some banks have almost used up the assigned quota for the whole year, and experts said it would be difficult for the banks to get an expansion approval from the State Bank of Việt Nam (SBV).
Vietnamese shares started the third quarter on a positive note as expected as investors were upbeat on ratified trade deals and expectations for quarterly earnings reports.
The nation's total revenue from retail sales and services saw a significant growth of 11.5 per cent to more than VNĐ23.9 quadrillion (US$101.74 billion) in the first half of this year.
Vietnam Airlines held an event in Tokyo on Monday to celebrate the 25th anniversary of its first commercial air route connecting Việt Nam and Japan.
The nation's total revenue from retail sales and services saw a significant growth of 11.5 per cent to more than VNĐ23.9 quadrillion (US$101.74 billion) in the first half of this year.
Nearly 1.9 million foreigners visited Việt Nam in June, data of the Việt Nam National Administration of Tourism (VNAT) showed, the lowest number in any month since the beginning of the year. The number of visitors was down 10.6 per cent from May but still represented a year-on-year rise of 0.2 per cent.
Việt Nam welcomes high-quality investment projects from Japan, especially in infrastructure, Prime Minister Nguyễn Xuân Phúc said in a round-table talk with some of Japan’s leading corporations in Tokyo on July 1.
June completed a solid second quarter for the Vietnamese manufacturing sector, with business conditions improving amid the ongoing growth of new orders.
About 67,000 new enterprises were registered in the first half of this year, the highest number of the first six months in the last five years, according to the Ministry of Planning and Investment.
Việt Nam could have a shortfall of 500,000 tonnes of pork, or nearly 20 per cent of demand, in the period until the Lunar New Year in early 2020 due to the effect of African swine flu, according to global research firm Ipsos Business Consulting.
In the last one month gold prices have jumped by over VNĐ3 million per tael, or 1.2 ounces, to reach their highest levels in many years.
The Vietnamese stock market is forecast to recover with improved liquidity in the third quarter thanks to the stable macro-economy and positive development of the world socio-economic situation.
Việt Nam’s gross domestic product (GDP) grew 6.76 per cent in the first half of this year, the second highest rate since 2011.
A stronger automotive industry with higher participation of foreign firms will boost the domestic auxiliary industry, businesses said on Friday.
GTNFoods JSC on Saturday dismissed two members from the board of directors, causing disturbance among shareholders at the firm’s annual meeting.
The HCM City Information Security Centre will be set up at the High-tech Park in District 9, according to People’s Committee vice chairman Trần Vĩnh Tuyến.
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