agri exporters buckle up for unpredictable season

Agri-exporters buckle up for unpredictable season

In addition to sky-high prices for shipping containers that have been plaguing Vietnamese exporters throughout the year, understaffed ports and customs offices are now causing congestion, leaving a bleak outline for the upcoming peak season.
revival hinging on consistency of rules

Revival hinging on consistency of rules

A smart, consistent model is needed for economic recovery, as economists argue for sustainable growth in Vietnam after the heavy impact of the global health crisis.
brit blueprint carves open power potential

Brit blueprint carves open power potential

The wind farms of the United Kingdom are providing around 10 per cent of the country’s power supply – a respectable figure that Vietnam could also achieve on the back of its natural advantages.
local retailers fortify market share at home

Local retailers fortify market share at home

As Hanoians were able to go out on the streets to get breakfast, a coffee, and enjoy the chilly early autumn air last week, the city’s retail market showed signs of improvement after a period of low growth in which the total retail sales of consumer goods and services in the first nine months of the year fell by 7.1 per cent over the same period in 2020.
government vows to stamp out unregulated fishing

Government vows to stamp out unregulated fishing

The Vietnamese government is doing its utmost to prevent illegal, unreported, and unregulated fishing practices, helped along by moves in Europe to remove warnings on the country’s activities.
inconsistencies deter power plan feasibility

Inconsistencies deter power plan feasibility

The Ministry of Planning and Investment has pointed out a series of limitations within the newest draft of the National Power Development Plan VII, asking the Ministry of Industry and Trade to supplement missing content and adjust existing calculations.
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.
hybrid trade events push nations brand

Hybrid trade events push nation’s brand

The end of last month saw a successful hybrid trade exhibition, at which Singaporean and Vietnamese partners could establish new relations and long-standing partnerships – both of which can profit from these markets as mutual dependencies can be utilised.
better coordination for optimal results from evfta

Better coordination for optimal results from EVFTA

Over one year after the trade agreement between the European Union and Vietnam came into force, the deal’s positive impacts are clearly visible. However, faced with today’s hurdles, both sides are required to work out further solutions on how to profit the most from the historic agreement.
sticking points impeding rice trade

Sticking points impeding rice trade

Although the Vietnamese rice industry has set itself an ambitious export target for 2021, domestic rice farmers and suppliers remain cautious amid the ongoing health crisis and complications in international trade.
vndirect securities doubles maiden syndicated loan facility to 100 million

VNDIRECT Securities doubles maiden syndicated loan facility to $100 million

VNDIRECT Securities Corporation (VND) has successfully raised a one-year syndicated loan for a total deal size of $100 million. This was VND’s maiden loan in the offshore syndication market as it opted to tap into a broader pool of liquidity to support its business growth.
much to ponder for vietnams energy efficiency ambitions

Much to ponder for Vietnam’s energy efficiency ambitions

Vietnam has made great strides in its energy development and aims to save up to 10 per cent of its current energy usage by 2030. However, the implementation of the national plan requires stringent measures and support from international partners.
raw material import necessity squeezes feed groups

Raw material import necessity squeezes feed groups

While Vietnam is traditionally a strong producer and exporter of rice and other produce, animal feed producers largely depend on overseas imports of raw materials, leaving them vulnerable to price fluctuations and global incidents like climate change and the ongoing pandemic.
short term fix may harm steel producers

Short-term fix may harm steel producers

Despite falling in the previous two months, steel prices remain high and are poised to peak towards the end of the year – but the Ministry of Finance’s suggested tax adjustments are being met with some resistance.
financial powers scratch heads over coal shift

Financial powers scratch heads over coal shift

International institutions are making plans to buy off some of Vietnam’s coal-fired power plants to shut them down as quickly as possible – but while this could reduce greenhouse gas emissions dramatically, national energy security needs to be kept in balance.