The number of South Korean tourists to Việt Nam is expected to rise by 30 per cent this year to reach more than 3.3 million, the second largest tourist market in the country behind China, according to the Việt Nam National Administration of Tourism.
In 2019 foreign direct investment in Việt Nam will be significant thanks to new-generation free trade agreements that have already been signed or are under discussion with various partners.
Việt Nam’s tra fish export value has exceeded US$2 billion for the first time, with the figure hitting $2.05 billion in the first 11 months of this year, a year-on-year increase of 27.4 per cent, according to the General Department of Customs.
Consumer financing is thriving in Việt Nam, driven by a rise in demand for goods and favourable demographics, which offers opportunity for investors. Việt Nam News speaks with Kim Jong Geuk, General Director of Lotte Finance Vietnam Co Ltd (Lotte Finance), about the prospect of the consumer finance business in Việt Nam and the company’s business strategy in the Industry 4.0 era.
Shares declined on the two national stock exchanges for the third straight session on Monday with strong selling pressure weighing on the indices.
All four contract codes were traded in the derivatives market on the Hà Nội Stock Exchange (HNX) in November, with total trading volume of 2.82 million contracts, up 10.6 per cent against the previous month.
When accessing the website, customers have been redirected to bachhoaxanh.com since November 27.
The south central province of Bình Thuận expects to receive 5.7 million visitors for all of 2018, a jump of 12 per cent from last year.
Thành Thành Công Investment JSC purchased 35 million shares of Thành Thành Công - Biên Hòa JSC (SBT), lifting its ownership in the sugar manufacturer to 158.5 million shares, an equivalent 32 per cent of SBT’s capital.
Nearly 280 businesses dealing in ports, warehouses and yards nationwide have been connected to the Việt Nam Automated System for Seaport Customs Management (VASSCM) a year since it was launched.
Việt Úc Group last week opened a high-tech tra fish (pangasius) farm in Vĩnh Hòa commune, Tân Châu town of the Mekong Delta province of An Giang.
The volume of cargo handled at Quy Nhơn Port in the central province of Bình Định has reached a record eight million tonnes so far this year.
Car sales rose by 23 per cent y-o-y in Novenmber to 30,540 units, according to a report by the Vietnam Automobile Manufacturers’ Association.
Việt Nam’s industry-real estate-finance conglomerate T&T Group and the Ivory Coast’s Cotton and Cashew Council (CCA) last week signed a strategic co-operation agreement to import raw cashew nuts.
The Comprehensive Progressive Trans Pacific Partnership (CPTPP) promises great benefits for Vietnamese firms, but many regulations on technical barriers and social responsibility will have to be met in order to take full advantage of the trade agreement, experts said at a conference in HCM City on December 15.
Analysts believe banking credit growth will ease off next year, but since lending activities will mainly be focused on the economy, growth will not be affected.
Kon Tum is calling for capable investors and firms to run long-term business in the Central Highlands province and accompany local authorities in developing the green economy, protecting the environment and combating climate change, a local official said.
As one of the most-developing areas in Việt Nam, HCM City is faced with both opportunities and challenges to make the best use of the Fourth Industrial Revolution.
More than 100 businesses from 13 cities and provinces nationwide, and some others from Cambodia’s Mundulkiri province are displaying their products at the Việt Nam-Cambodia international trade fair.
Vietnamese shares are forecast to rise at a slower pace over the last two weeks of the year amid worries about volatile global markets and falling domestic purchases despite the upcoming quarterly earnings season.
.)
