modest deficit in future for account

Modest deficit in future for account

An expected decline caused by the global health crisis in exports and inflows of foreign investment and remittances is likely to weaken Vietnam’s external position this year.
unilever vietnam standing next to health professionals in virus battle

Unilever Vietnam standing next to health professionals in virus battle

On April 1, the first of a 15-day social distancing campaign battling against the outbreak in Vietnam, one of fast moving consumer goods leaders Unilever Vietnam presented to Hanoi-based Bach Mai Hospital assorted indispensable products valued at nearly VND1 billion ($43,450) in order to help the hospital improve its hygienic conditions and reduce risks of contamination among the community.
historic deal augurs trade renaissance

Historic deal augurs trade renaissance

Despite the cornonavirus crisis badly affecting the ASEAN and its partners, the Regional Comprehensive Economic Partnership (RCEP) remains slated to be inked later this year as scheduled, ushering in more eventual trade and investment opportunities for Vietnam.
network propels smart city schemes

Network propels smart city schemes

Amid the ongoing Fourth Industrial Revolution, Vietnam is taking advantage of the ASEAN Smart Cities Network in order to formulate several policies on building smart cities and attracting deeper investment.
2020 inflation rate rides on outbreak eventualities

2020 inflation rate rides on outbreak eventualities

Vietnam is likely to experience difficulties in controlling inflation this year due to global uncertainties and unexpected price rises of many items in the local market in the wake of the ongoing coronavirus epidemic.
rules of origin pose questions for sectors jostling for position

Rules of origin pose questions for sectors jostling for position

Although the free trade agreement between the European Union and Vietnam will offer great opportunities for wood investors and exporters, its rules of origin may not provide a big boon to local textile and garment businesses.  
new direction for brits enables vietnamese ties

New direction for Brits enables Vietnamese ties

After over three years since the decision was made, on January 31 the United Kingdom finally left the European Union after nearly half a century of membership. The Brits have since moved into an implementation period until the end of the year, in which time it will attempt to forge brand new ties not only with Europe, but the rest of the world. British Ambassador to Vietnam Gareth Ward spoke with VIR’s Thanh Dat about the prospects between the UK and Vietnam, with a bilateral free trade agreement on the horizon.
enterprise support around the corner

Enterprise support around the corner

With the coronavirus epidemic badly damaging business performance and undermining local production, Vietnam will officially launch a major support package to spur on businesses’ performance and ensure economic growth.  
doors open for free trade with the eu

Doors open for free trade with the EU

The adoption of trade and investment agreements with the European Union offers Vietnam opportunities to attract more investment and increase its exports to EU member states, making the country less dependent on traditional markets. Thanh Dat reports.  
economic bailout package proposed

Economic bailout package proposed

A bailout expected to be implemented by the government will contribute to helping the economy out of difficulties.
crafting a close knit asean community

Crafting a close-knit ASEAN community

With its key priorities as ASEAN chair in 2020, Vietnam will play a crucial role in taking the bloc to new heights. Deputy Minister of Foreign Affairs Nguyen Quoc Dung talked with VIR’s Thanh Dat about this hallmark task, and the doors that will open for the country in its new status.
long term infrastructure goals requiring sustained investment

Long-term infrastructure goals requiring sustained investment

The government’s fresh message to continue investing heavily in infrastructure development in a bid to attract more investment has received a thumbs-up from the business community, with many enterprises wishing to engage.
siemens committed after a stellar 2019

Siemens committed after a stellar 2019

German-backed Siemens Vietnam has concluded 2019 with positive results. Pham Thai Lai, president and CEO of Siemens Vietnam, Singapore, and the ASEAN, talked with VIR’s Thanh Dat about how the company has weathered all difficulties to reap rewards in the past year.
bac a bank offers appealing new year promo programme

BAC A BANK offers appealing new year promo programme

To welcome the new year, BAC A BANK has been deploying a promotion programme named “Welcome the Year of the Rat with Attractive Gifts” from December 9, 2019 to February 29, 2020 with attractive gifts. The programme is aimed to extend the bank’s sincere thanks to customers for their support over the past years.
moving forward with vital innovation hub

Moving forward with vital innovation hub

As Vietnam embarks upon its Industry 4.0 journey, it is now formulating specific incentives for investors and enterprises with projects at the National Innovation Centre, with the aim of attracting new talent and high-quality funding. Thanh Dat reports.