If viewed from the demand side, two factors should be noted as they are detrimental to Vietnam’s GDP growth in 2020. One is the growth rate in the country’s key export markets—namely the EU, China and Japan—is forecast to stage only a modest recovery. Meanwhile, it is very unlikely that export stateside can be as impressive as in 2019, when a rate of 28% was achieved, due to tightened regulations on the country of origin. Two is about consumption in Vietnam where retail sales may be lower than in 2019 as inflation soars, in particular in the first half of 2020. … [Read more...] about Not too many macro fluctuations expected for 2020
Emergency fund where to invest
For Vingroup, Vietnam’s largest privately-run conglomerate, the agreement allows it to focus on its emerging businesses namely manufacturing and technology, while Masan obtains its last piece of a puzzle to build an empire of consumer retail, eventually penetrating international markets. … [Read more...] about What’s behind Masan-Vingroup merger?
Statistics show that the total value of M&A deals was estimated at US$5.2 billion in 2015 and US$3 billion in the first six months of 2016. The figure is expected to surpass US$6 billion for the whole of 2016 and continue to edge up in the following years. … [Read more...] about Vietnamese M&A activities heating up
Several festivals will take place in Ninh Bình this year, including Tourism Year's opening ceremony in February, Bái Đính Pagoda festival, Hoa Lư, ancient capital festival, Tràng An festival, the Golden Week of Tam Cốc - Tràng An for the rice harvesting time and more. Other events will take place around the year and in 16 other cities and provinces. … [Read more...] about Ninh Bình’s time to shine