Vietnam, as a result, became a highlight, which drew attention from the international community and investors in the rather bleak context of the global economy overshadowed by the Sino-U.S. trade war. This soon led to developments that were favorable for the balance of foreign currency supply and demand from the basic activities in the economy, such as a trade surplus amounting to US$9.9 billion, remittances estimated at US$16.7 billion, and foreign investment disbursement set at US$20 billion and indirect investment at over US$4 billion. … [Read more...] about Peacetime in sight for the dong
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However, the fierce competition with imported vehicles, especially those from other member countries of the Association of Southeast Asian Nations (ASEAN) such as Thailand and Indonesia as well as members of free trade agreements which Vietnam has joined will boost Vietnam’s auto import revenue. … [Read more...] about Customers to be centre of auto industry
A reader nicknamed Ly Thong commented: "The price is same but the quality gap is too big. You don’t need to be a genius to know what movie ticket you should buy." … [Read more...] about Should Vietnam’s film industry be protected?
The second factor relates to external financial conditions. In 2020, central bankers across the globe are likely to keep their monetary policies the same as those pursued in late 2019. In such a context, continuous draconian cuts on interest rates may be out of the question. Conversely, there is a very low possibility that central banks will hike these rates. The U.S. Federal Reserve has said it will retain its rate at 1.5%-1.75% in 2020. However, if the U.S. growth falls much deeper than expected, at around 2%, Fed may reconsider its decision as it has considerably bigger leeway to do so than its counterparts in the EU and Japan have. … [Read more...] about Not too many macro fluctuations expected for 2020
A report said foreign investors make up 77% of total value of the M&A deals in Vietnam. However, analysts commented that Vietnamese conglomerates have an advantage because they have deep knowledge about the market and business environment, understand customers well and have the ability to approach land funds. … [Read more...] about More Vietnamese investors are buyers in real estate M&As