positive prognosis for steel sector in 2023

Positive prognosis for steel sector in 2023

China's reopening will drive worldwide demand for steel, expedite infrastructure construction, and partially offset the stagnating real estate market.
chinas fdi inflows to vietnam to increase agriseco

China’s FDI inflows to Vietnam to increase: Agriseco

Foreign direct investment (FDI) inflow from China to Vietnam is expected to rise as China is to reopen its doors and resume flights between the two countries, according to Agribank Securities Company (Agriseco).
vietnam in 2023 facing a recession or a rebound

Vietnam in 2023: Facing a recession or a rebound?

Vietnam will once again face an uncertain world economy in 2023: high inflation will hurt the real incomes of consumers and depress retail sales in many countries, rising interest rates will cool down housing markets, and property developers will postpone new housing construction, China’s difficult exit from the pandemic will impair growth in the short term; and geopolitical tensions will induce more volatility in energy, food, and financial markets.
opportunities for vietnam amid china policy switch

Opportunities for Vietnam amid China policy switch

The easing of China's pandemic restrictions is expected not only to help Vietnam increase the number of international tourists, but also to attract investment, according to various experts.
bac giang welcomes two projects worth 700 million

Bac Giang welcomes two projects worth $700 million

On the first days of 2023, the northern province of Bac Giang is welcoming two projects from Singapore and China with the total investment capital of $760 million.
malaysian government urged to tighten covid 19 control measures

Malaysian Government urged to tighten COVID-19 control measures

The Malaysian Government has been urged to tighten COVID-19 control measures to prevent a possible large-scale spread of the disease when the country welcomes tourists from China.
spillover effects of supply chains on future growth

Spillover effects of supply chains on future growth

The trend of supply chains shifting from China to Vietnam in the past several years is confirmed to continue and if there are no crises in Asia-Pacific, this trend will continue for the next 10 years to come at least, though the shift from China to Vietnam will happen at different paces for different sectors. Electronics is probably the most impactful for the economy and the most fast-paced one. The situation in China has already pushed the big electronic players to find alternatives.
tech group lay off wave reaches vietnam

Tech group lay-off wave reaches Vietnam

Tech companies and startups in Vietnam may be affected by the wave of lay-offs that is spreading in several Southeast Asian countries such as Singapore, Indonesia, and China.
cptpp expansion a potential boon for vietnam

CPTPP expansion a potential boon for Vietnam

The hopes of the United Kingdom, China, Ecuador, Costa Rica, Uruguay and others to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will have knock-on effects for Vietnam.
herbalifes success premised on improving nutrition for a healthier future

Herbalife's success premised on improving nutrition for a healthier future

Together with its distributors, Herbalife provides personalised solutions to help customers achieve their nutrition and wellness goals, contributing to a stronger and healthier generation of Vietnamese. Stephen Conchie, Herbalife's regional president for Asia-Pacific and China, told VIR’s Hara Nguyen about the company's journey in Vietnam and the positive impacts that they are driving for people and the planet.
muong thanhs 60th hotel breaks indochinas hotel chain record

Muong Thanh’s 60th hotel breaks Indochina's hotel chain record

On December 24, Muong Thanh Group launched Muong Thanh Luxury Cao Bang Hotel, its 60th location, to mark its 30th anniversary.
apple to manufacture macbooks in vietnam next year

Apple to manufacture MacBooks in Vietnam next year

Apple plans to begin producing MacBooks in Vietnam for the very first time next year as a part of its manufacturing diversification strategy amid rising tensions between the United States and China.
adb cuts developing asia growth projection on china slowdown

ADB cuts developing Asia growth projection on China slowdown

The Asian Development Bank trimmed its economic growth forecast for developing Asia on Wednesday, with China's pandemic lockdowns, slowing global demand and the Russian invasion of Ukraine seen as limiting the region's prospects.
china launches wto dispute over us chip sanctions

China launches WTO dispute over US chip sanctions

China has filed a dispute with the World Trade Organization over US restrictions on chip exports, Beijing's commerce ministry said in a statement late Monday, accusing Washington of threatening global supply chains.
markets mixed ahead of inflation fed decision

Markets mixed ahead of inflation, Fed decision

Markets were mixed Tuesday as nervous investors sat tight ahead of key US inflation data and a Federal Reserve policy decision but fresh pledges by China to open up from zero-Covid offered support.