Foreign-invested firms post Jan-Feb trade surplus of $8.25 bln

Foreign-invested firms post Jan-Feb trade surplus of $8.25 bln

Foreign-invested enterprises (FIEs) in Vietnam posted a trade surplus of $8.25 billion in the first two months of the year, according to government data.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam urged to extend economic support program into 2024

Vietnam urged to extend economic support program into 2024

The Vietnamese government should consider extending the economic support program approved for the 2022-2023 period into 2024 to allow its planned investments to be fully implemented, supporting aggregate demand, the World Bank Vietnam has said in a monthly note.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Build up workforce, grow slow in tough times

Build up workforce, grow slow in tough times

Amid lingering economic headwinds globally, enterprises should focus on restructuring and developing employee competence rather than expanding business, says CEO Nguyen Phuong Lam of construction and decoration firm Remak.

Executive Talk - Mon, Dec 22, 2021 | 11:30 am GMT+7

Don't expect too much from China’s reopening: expert

Don't expect too much from China’s reopening: expert

China’s reopening will have an impact on Vietnam's imports and exports, but not much, according to Can Van Luc, chief economist of major Vietnamese bank BIDV.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam to scrap outdated automobile localization rules

Vietnam to scrap outdated automobile localization rules

Vietnam's Ministry of Science and Technology released Friday a circular removing legal documents regulating the calculation of localisation rate in the automobile industry.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam to increase coal imports in 2025-2035: ministry

Vietnam to increase coal imports in 2025-2035: ministry

Vietnam’s coal imports are forecast to increase to meet industrial production demand, according to a draft strategy on developing the domestic coal industry compiled by the Ministry of Industry and Trade (MoIT).

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Exchange rate volatility impacts importers, exporters

Exchange rate volatility impacts importers, exporters

Recent fluctuations in the U.S. dollar and Japanese yen had both positive and negative impacts on Vietnamese traders, the Ministry of Industry and Trade (MoIT) reported.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Sojitz-backed joint venture to challenge Australian, US beef imports

Sojitz-backed joint venture to challenge Australian, US beef imports

A major partnership between Japan’s trading giant Sojitz and Vietnam’s largest dairy company Vinamilk has started commercializing beef supplies in Vietnam, where American and Australian beef imports are already popular.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7