Value of footwear exports sees sharp drop amid pandemic

Value of footwear exports sees sharp drop amid pandemic

In September, the export value of footwear reduced 44 per cent on-year to $700 million, according to the LEFASO.
Mobilising venture capital for private sector

Mobilising venture capital for private sector

The “ADB Ventures supporting impact startups” project was launched today, which is expected to release venture capital for the private sector of Vietnam.
Investors cautioned over bond issuance vulnerabilities

Investors cautioned over bond issuance vulnerabilities

Credit-challenged companies, especially banks and real estate providers, are finding another way around their continuous capital needs by tapping into the corporate bond issuance market, which remains particularly vulnerable to economic downturns and incomplete legal frameworks in Vietnam.
The road to facilitating German trade

The road to facilitating German trade

The ties between Vietnam and Germany have strengthened over the past decade, driven by efforts of both governments and businesses.
Standard Chartered lowers Vietnam's 2021 growth forecast but maintains 2022 estimate

Standard Chartered lowers Vietnam's 2021 growth forecast but maintains 2022 estimate

Standard Chartered has revised its GDP growth forecast for Vietnam in 2021, reflecting the unexpected contraction of 6.2 per cent on-year in the third quarter.
Supporting both workers and employers to escape distress

Supporting both workers and employers to escape distress

Deputy director general of Vietnam Social Security Le Hung Son talked to VIR’s Thai An about the implementation of a new support package sourced from the unemployment insurance fund to help pandemic-hit employees and employers overcome difficulties.
Recovery proposals set out for businesses

Recovery proposals set out for businesses

Both individuals and businesses are in critical need of further reductions of fees and taxes as they attempt to claw their way out of 2021’s economic fallout.
The Ritz-Carlton to extend branded residences footprint to Hanoi

The Ritz-Carlton to extend branded residences footprint to Hanoi

Masterise Homes and Marriott International signed an agreement for The Ritz-Carlton Residences, Hanoi - a standalone luxury branded residential project.
Initiatives kickstarted to bolster investment attraction

Initiatives kickstarted to bolster investment attraction

Vietnam has maintained a clear policy line to draw in foreign investment and develop the local private sector. Deputy Minister of Planning and Investment Nguyen Thi Bich Ngoc talked with VIR’s Nguyen Huong about how the country has maintained an attractive investment climate in recent times.
Long-term focus crucial in face of quarterly GDP drop

Long-term focus crucial in face of quarterly GDP drop

The GDP growth target for the entire year is under threat unless the fourth quarter can record a high figure to compensate for the past nine months.
End of the Merkel era ushers in new journey for German leaders

End of the Merkel era ushers in new journey for German leaders

The Social Democratic Party (SPD) is the strongest force in the newly-elected Bundestag with 25.7 per cent. The party improved its results by 5.2 per cent compared to four years ago.
PM issues directive on restoration of industrial production

PM issues directive on restoration of industrial production

Deputy Prime Minister Le Van Thanh on October 3 signed for issuance of a Prime Minister directive on restoring production at industrial production areas amid the COVID-19 pandemic.
Nestlé Vietnam raises commitment in faith of undiminished prospects

Nestlé Vietnam raises commitment in faith of undiminished prospects

Binu Jacob, managing director of Nestlé Vietnam, shared with VIR’s Thanh Van about the group’s inexorable belief in the resiliency and potential of the Vietnamese market.
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