In the economic development aspect, the EU is currently one of Vietnam’s largest export markets with an export value to this zone touching $41.5 billion and an import value reaching $14.9 billion last year. Thereby, when the EVFTA and IPA come into force, the two-way trade and investment flow from EU to Vietnam is forecast to rise robustly, making active contributions to Vietnam’s economic growth, facilitating export, pushing up market’s diversification, procuring higher added values through newly established supply chains, and creating more jobs. … [Read more...] about Scrutinising the implications of new deals on Vietnam’s economy
Chinas economy grows 6 8 in third quarter
Specifically, Japanese firms are facing weeks of disruptions to secure input materials, which leads to a dramatic rise of material prices. At present, many firms have yet to be affected by the disruptions, but they predict that the impact will begin to be visible in March. … [Read more...] about Half of Japanese manufacturers see supply chain disruptions from COVID-19
Electronics producers face material shortage amid COVID-19 outbreak Some large electronics manufacturers in Vietnam are feeling the punch from the COVID-19 outbreak as material imports and finished product exports have been affected by tighter border control. … [Read more...] about Many Vietnamese firms could stop operations by late March as inputs run out
Most-favored-nation treatment (MFN) is the basic principle in WTO’s international trade, whereby a member country must be given the same treatment as all other WTO members, regardless of developed countries or developing countries. However, he affirmed that the change won’t have impact on Vietnam in reality. … [Read more...] about What if the US no longer considers Vietnam a ‘developing country’?
E-commerce and fintechs accounted for four-fifths of the total number of big calls for capital in 2019. The biggest deal was worth $300 million. The deal also witnessed the presence of veteran investors, including SBI Group, BEENOS, SoftBank Ventures Asia, Daiwa PI Partners and Digital Garage. These investors poured $51 million worth of capital into Sendo in Series B round of funding in 2018. … [Read more...] about VN e-commerce and fintech firms successfully call for huge capital in 2019