vinfast to temporarily close australian rd division due to covid 19

VinFast to temporarily close Australian R&D division due to COVID-19

VinFast is planning to temporarily close its research and development (R&D) centre in Melbourne, Australia due to complications from the COVID-19 pandemic.
indonesia speeds up foreign investment appeal with vietnam and singapore

Indonesia speeds up foreign investment appeal with Vietnam and Singapore

Indonesia is stepping on the gas in the race for foreign investment with Vietnam and Singapore, with new incentives targeting the production of electric vehicles and batteries.
vietravel suffers more than 3 million in losses over first quarter

Vietravel suffers more than $3 million in losses over first quarter

Local tourism giant Vietravel continued to suffer in the first quarter of this year from the carry-on effects of the COVID-19 pandemic.
yeah1 continues amassing deficit

Yeah1 continues amassing deficit

Shifting to consumer services has yet to pay out for Yeah1 as its deficit grew by VND180 billion ($7.82 million) last year.
suez canal incident keeps vietnamese exporters busy

Suez Canal incident keeps Vietnamese exporters busy

Local exporters continue to deal with the aftermath of the Suez Canal blockade that occurred last month, causing ripple effects throughout the globe’s trade system.
vinfast rumoured to be planning ipo in us

VinFast rumoured to be planning IPO in US

Local conglomerate Vingroup is considering holding an initial public offering (IPO) for its carmaker VinFast in the US, to mobilise an estimated $2 billion, equivalent to the minimum asset value of $50 billion.
handling customer complaints and resolution failures

Handling customer complaints and resolution failures

Consumers are becoming increasingly aware of their rights in transactions with businesses as well as in the dispute resolution process.
seafood companies under pressure from mounting shipping costs

Seafood companies under pressure from mounting shipping costs

Exporters have been beset by soaring transport expenses this year, with costs of transporting goods to the US soared just after costs to the EU normalised, according to the Vietnam Association of Seafood Exporters and Producers.
vietnam achieves breakthrough in economic freedom

Vietnam achieves breakthrough in economic freedom

US-based Heritage Foundation has just published the Index of Economic Freedom 2021, featuring Vietnam for the very first time in the ranks of Moderately Free economies.
media enhancement fit for a digital future

Media enhancement fit for a digital future

Along with the ongoing discussion about the role and responsibilities of social media and local news outlets that also entail debates about intellectual ownership of news snippets and headlines, the need for general reforms of local newspapers has emerged.
livestream commerce booms

Livestream commerce booms

Livestreaming jobs are forecast to boom this year as the pandemic continues to stimulate the demand for online shopping. However, the trend is also putting the government on edge as it seeks suitable management modes.
tightened regulations needed for rising e commerce activity

Tightened regulations needed for rising e-commerce activity

Accelerating e-commerce management policies in Vietnam may be a necessary step to create an equal footing with physical retailers, but the multitude of trading platforms and a lenient approach may throw stones in the path of lawmakers.
could vietnam benefit from 19 trillion us fiscal stimulus package

Could Vietnam benefit from $1.9 trillion US fiscal stimulus package?

The $1.9 trillion US fiscal stimulus package waiting for approval will likely have positive spill-over effects on emerging markets. Vietnam expects to see the largest benefits in exports and the securities market.
imf vietnams inflation in 2021 may remain at 4 per cent

IMF: Vietnam’s inflation in 2021 may remain at 4 per cent

The prolonged COVID-19 pandemic is forecast to keep hampering Vietnam from reducing inflation this year, despite the strong efforts to stimulate fiscal and monetary policies.
mobile devices and components lead vietnamese exports

Mobile devices and components lead Vietnamese exports

Mobile devices and components continued to lead local exports over the first two months of 2021.