Economy & Money

Garment and textile sector to face huge challenge

The garment and textile sector was forecast to suffer the most from goods origin regulations under the CPTPP, said Bui Kim Thuy, the country representative for Vietnam at the US-ASEAN Business Council.
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Solar plants face a consumption crisis

Vietnam’s solar power plants are facing a crisis in consumption of their electricity because there has not been synchronous development of power transmission infrastructure or a suitable operation mechanism.
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Ambitious export goal set for footwear sector this year

Vietnam has targeted an export turnover of USD21.5 billion for the footwear and bag export sector in 2019, up 11% on-year.
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Startups that closed in 2018: from Uber to Tamtay.vn

Even startups with good plans and funding can sometimes face problems or fail. Here are a few that encountered difficulties in 2018.
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FDI to rise, IZ developers hope to make big money in 2019

Vietnam has become an even more attractive destination amid escalating trade disputes. The land leasing rate in Industrial zones has soared since mid-2018, and is expected to continue in 2019.
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Challenging but positive prospects for HR market in 2019

Mr. Adrien Bizouard, Country Manager of Robert Walters Vietnam, tells VET about the demand for senior employees and its efforts to bring Vietnamese talent home from overseas.
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Vietnam attends first meeting of CPTPP Commission

Vietnamese Minister of Industry and Trade Tran Tuan Anh attended the first meeting of the CPTPP Commission in Tokyo, Japan, on January 19, together with ministers in charge of economy and trade from 10 other member nations.
   

Bank rankings see big changes in 2018

VietinBank, a state-owned bank, is no longer one of the top 5 profitable banks, while a private bank has for the first time been added to the top 3.
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BUSINESS NEWS IN BRIEF 20/1

Vietnam Airlines among top 10 best firms in 2018,Aquatic exports target US$10 billion in 2019,Prospects look good for Vietnam’s economy in 2019,VIB’s pre-tax profit skyrockets in 2018
   

VN needs to continue economic success in 2019

VietNamNet Bridge – Nguyen Chi Dung, Minister of Investment and Planning, speaks to Việt Nam News Agency on the imperative need to accelerate economic activities to ensure the five year plan results in success.
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Vietnam's economic resilience holds

Dr. Suiwah Leung, Honorary Associate Professor of Economics at the Crawford School of Public Policy, The Australian National University, looks back on 2018 and ahead to 2019.
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CPTPP beneficial to exporters

Mr. Warrick Cleine, Chairman amp; CEO of KPMG in Vietnam and Cambodia, tells VET how the CPTPP will affect Vietnam's economy in terms of trade and investment.
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Attractive life sciences seeking more headway

International pharmaceutical firms have created a focus towards the innovative life sciences sector in Vietnam in order to make long-term profit amid mounting competition, but the path to unlocking growth potential remains long.
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