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Tag Archive for ‘Economy’

Standing witness to Vietnam’s rise

On the occasion of Vietnam’s National Day on September 2, VIR gets an insight into foreign CEOs’ thoughts and feeling about the country’s vitality and development, and why Vietnam has become their home away from home. Ronan Le Bihan  CEO at Mango Bay Resort, Phu Quoc In 2002, I was offered a position for the […]

Viettel to launch Myanmar 4G network

The Military-run telecom group, Viettel is expected to offer the world’s first 4G Only network in Myanmar in the first quarter of 2018, marking its first steps in the country. The joint venture – MyTel was granted a licence at the beginning of the year. However, Viettel has pursued the market since 2002. Viettel planned […]

Vietnam consumer confidence at record high: Nielsen study

Vietnam ranks the fifth most optimistic country globally with an index score of 117 in the latest Consumer Confidence Index released by Nielsen, its highest score in the past five years and up five points from the last quarter of 2016. The report also finds that consumers in Southeast Asia continue to be among the […]

TPP countries push ahead with negotiations in Australia

Senior officials from the remaining 11 countries involved in the Trans-Pacific Partnership (TPP) are meeting in Australia from August 28-30 to discuss measures to bring the agreement into effect as soon as possible. In an statement released on August 28, Australian Trade Minister Steven Ciobo said he has been engaging regularly with his TPP ministerial […]

APEC discusses experiences in simplifying Vietnam business registration

APEC members shared their experiences in assisting companies, especially micro, small and medium-sized ones, smoothly register for doing business at a workshop titled “Simplified business registration and incorporation according to international best practices” held in HCM City on Thursday. Hosted by the US, the workshop attracted around 100 participants and experts from 21 APEC economies. […]

Vietnam interest rates forecast to inch down in H2 of 2017

Average interest rates will decrease slightly in the second half of this year, market research firm Market Intello forecast. According to the firm, the continuous fall in inflation led the State Bank of Việt Nam (SBV) to decrease interest rates to stimulate credit activities, which led to a decrease in market interest rate. However, the […]

Raising Vietnamese export brands

Accelerating exports to the markets that Vietnam has signed free trade agreements (FTAs) with, improving product quality and making a difference for products are the main ways of helping Vietnamese enterprises increase their exports in the current climate. According to Nguyen Phu Hoa, Deputy Head of the Ministry of Industry and Trade’s Import and Export […]

For an ASEAN economy of integration, high growth and sustainable development

2017 marks a significant milestone in the development process of the Association of Southeast Asian Nations (ASEAN), as the bloc celebrates its 50th founding anniversary. From a region divided by differing political stances, ASEAN has since become a unified bloc of solidarity, close bonds and friendship, with the participation of 10 countries in the region, […]

Vietname finance minister urges Japan to increase investment in Vietnam

Indirect investment from Japan into Việt Nam remain relatively modest compared to the potential of Japan and the ability to absorb investment capital sources of Vietnamese market, finance minister Đinh Tiến Dũng said. Dũng made the statement on Monday at a conference in Tokyo co-hosted by the Việt Nam’s Ministry of Finance and Daiwa Corporation […]

Oil Drops for Second Day as IEA Lowers Demand Forecast

Oil dropped for a second day as the International Energy Agency cut its demand estimate and U.S. inventories were expected to reach a three-month high. Prices fell 0.2 percent after the IEA lowered its forecast for the fourth quarter for a second time, citing weakness in Europe’s economy and disruption to U.S. fuel delivery by […]