Giang sinh o viet nam

A production line at Viet Nam Stanley Electric Company in Ha Noi. The capital city took the lead in attracting FDI in the first five months of the year. — VNA/VNS Photo Danh Lam The total inflows of foreign investment in Viet Nam this year to May 20, including new and added investment and contributions for share purchases by foreign investors, reached nearly US$10.86 billion, the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment reported. The figure was down 7.3 per cent year-on-year, but up 10.6 percentage points compared with the figure in the first four months of this year. More than $5.26 billion was injected into 962 new projects, representing year-on-year increases of 27.8 per cent in value and 66.4 per cent in number, the agency said. According to the agency, 1,278 transactions of capital contribution for share purchases were recorded in the period with a combined value of nearly $3.32 billion, down 5.6 per cent in number of transactions but … [Read more...] about Viet Nam’s five-month FDI reached nearly US$10.86 billion

A bank teller counts cash. Liquidity and interest rates in the banking system have eased in recent weeks. — VNA/VNS Photo Property-sector risks have made operating conditions more difficult for banks in Viet Nam in the short term, but the liquidity crunch is easing and the banking system is likely to avert a sharp slowdown due to the concerted response of policymakers and banks, says Fitch Ratings. In a report released last week, the rating agency said headwinds may persist into the second half of 2023 and banks' financial performance is likely to diverge according to the strengths of their funding franchises and appetite for risk, but long-term fundamentals and business prospects for the sector remain positive. Liquidity and interest rates in the banking system have eased in recent weeks, although loan growth remains relatively subdued and was at a decade-low in April 2023. Narrow spreads between Vietnamese dong and US dollar market interest rates limit the extent by which … [Read more...] about Viet Nam’s banking sector liquidity crunch eases

Denis Brunetti, head of Ericsson Việt Nam, Myanmar, Cambodia and Laos (centre) received the award as one of Top 10 Best Workplaces™ in Việt Nam in the year 2023. — Photo courtesy of the firm Ericsson has been recognised as one of the Top 10 Best Workplaces™ in Việt Nam in the year 2023 by Great Place to Work Institute® for the second consecutive year. The Great Place to Work® Institute, the world’s largest and most respected study of workplace excellence, has recognised Ericsson’s commitment to fostering a culture of trust within the organisation that attracts and nurtures the best talent and encourages them to excel in performance. The ranking reflects how employees feel about working at Ericsson. The Workplace Award also takes into consideration an extensive culture audit, providing evaluators with insight into the company’s value system, programmes and practices in the areas of employee learning and development, talent management, employee engagement, leadership, … [Read more...] about Ericsson Vietnam recognised as one of Viet Nam’s Top 10 Best Workplaces™ in 2023

Turkmenistan Airlines cargo plane at London Stansted Airport is about to fly back to Viet Nam, transiting Turkmenistan. — VNA/VNS Photo TT Meridian, a leading international logistics and trading company specialising in the UK and Viet Nam markets, last week announced a new all-cargo air route between the UK and Viet Nam via Turkmenistan. The new route, announced by the company is operated by Turkmenistan Airlines, the flag carrier of Turkmenistan. The first all-cargo air route between Viet Nam and the UK is expected to boost bilateral trade activities after the UK-Viet Nam free trade agreement (UKVFTA) came into effect in May 2021. Under UKVFTA, both governments have committed to promoting trade and economic cooperation by reducing or eliminating import tariffs on a wide range of products, removing trade barriers, and creating a more favourable business environment. Thai Tran, Managing Director of TT Meridian said: “TT Meridian as the cargo sales agent handling the UK to Viet … [Read more...] about First all-cargo air service between Viet Nam, UK launched

A factory of Tsuchiya Tsco Co in the northern province of Vinh Phuc. Viet Nam has shown a significant improvement in business environment. — VNA/VNS Photo Nguyen Thao Viet Nam jumped 12 places in the Economist Intelligence Unit (EIU)’s latest business environment rankings which measure the attractiveness of doing business in 82 countries with 91 crucial indicators. According to EIU, Viet Nam, along with Thailand and India is among Asian countries that have improved their ranking the most over the past year. "Viet Nam is our overall biggest mover worldwide, climbing 12 spots in the rankings, while Thailand improves by ten places and India by six," the EIU said in its report. "Viet Nam and Thailand, which have favourable policies for foreign investors, are benefiting from firms pursuing a China+1 policy of having supply chains in both China and another Asian market." "Viet Nam’s score rises on the back of an improving economic outlook, and Thailand’s as a result of greater … [Read more...] about Viet Nam jupms 12 spots in business environment rankings

The two sides sign a document approving bilateral commitments at the meeting. — Photo courtesy of New Zealand Embassy in Ha Noi There is great potential for Viet Nam and New Zealand to further strengthen cooperation in terms of trade, industry and investment, said Deputy Minister of Industry and Trade Phan Thi Thang at the 8th meeting of the Viet Nam-New Zealand Joint Trade and Economic Commission (JTEC) held in Ha Noi on Tuesday. Co-chaired by Thang and Deputy Secretary for Foreign Affairs and Trade of New Zealand Vangelis Vitalis, the meeting focused on reviewing bilateral cooperation in trade, investment, agriculture, education and training, tourism, aviation, and labour. The two sides applauded the efforts and close cooperation between ministries and sectors of both sides in implementing agreements on economic and trade cooperation signed by the two countries' leaders. Trade between Viet Nam and New Zealand has grown strongly since the two countries established the … [Read more...] about Large room for Viet Nam, New Zealand to boost trade, investment ties: official

Viet Nam exported about US$32.7 million of products subject to investigation, accounting for about 15.5 per cent of the total exports of countries to the US. — Photo congthuong.vn The US Department of Commerce (DOC) has commenced an anti-dumping investigation into boltless steel shelving units from Viet Nam, the Trade Remedies Authority of Viet Nam said, recommending enterprises producing and exporting related products keep a close watch on the developments of the case. ​ On April 25, 2023, Edsal Manufacturing Co Inc, the largest producer of boltless steel shelving in the US, filed a petition to the DOC and the US International Trade Commission (USITC) to initiate an anti-dumping duties investigation into certain boltless steel shelving allegedly dumped from Malaysia, India, Taiwan (China), Thailand and Viet Nam. The product under investigation is packed boltless steel shelf with HS code 9403.200075. The petitioner has alleged that boltless steel shelving imported from … [Read more...] about Viet Nam asks businesses to keep close watch on US investigation into boltless steel shelving imports

The fintech industry in Viet Nam has grown quickly in the last few years, especially during the COVID-19 pandemic. According to the statistics of the State Bank of Vietnam (SBV) and the Vietnam Fintech Market Report 2021, the number of companies in the industry has soared four times, from 39 companies at the end of 2015 to more than 154 by the end of 2021. Among those fintech companies, about 70 per cent are start-ups. On top of opportunities, there are challenges for the industry. Viet Nam News reporter Ly Ly Cao spoke to experts and insiders to learn more about the promising industry. Elaine Liu, business development director of Eddid Financial in Hong Kong. — VNS Photo What do you think about the prospects of the Vietnamese fintech industry? Elaine Liu, business development director of Eddid Financial in Hong Kong : We are very interested in the market. Everybody knows that Viet Nam is a booming market, especially for fintech and financial services. The Vietnamese … [Read more...] about Fintech a promising industry in Viet Nam: insiders

Representatives of the two firms pose for a photo at the launch of HSBC TravelOne credit card in Viet Nam. — Photo courtesy of HSBC HSBC Bank (Vietnam) Ltd. (HSBC Vietnam) and Mastercard have announced the launch of the HSBC TravelOne credit card in Viet Nam, tailored for travel enthusiasts who want greater flexibility, convenience and incentives as they embrace new experiences in the post-pandemic travel boom. Launched in partnership with Mastercard, the HSBC TravelOne credit card offers an easy rewards redemption experience with a wide range of international airlines and hotel partners via the HSBC Vietnam mobile banking app. HSBC is one of the first banks in Viet Nam to offer customers the convenience of instantly redeeming their card reward points for a wide range of airline miles and hotel stays via their mobile app. Viet Nam is one of the first batch of markets where HSBC will launch this card. TravelOne credit card furthers HSBC's wealth and personal banking strategy by … [Read more...] about HSBC, Mastercard launch new credit card in Viet Nam

Fisherman bringing caught tuna back to shore after a fishing expedition in the south-central province of Phu Yen. — VNA/VNS Photo Pham Cuong An inspection team from the European Commission (EC) will visit Viet Nam to examine the country’s efforts on illegal, unreported and unregulated (IUU) fishing prevention and control in October instead of May as announced earlier, Tran Dinh Luan, Director of the Directorate of Fisheries under the Ministry of Agriculture and Rural Development (MARD) said. Luan said that the EC suggested the organisation of online working sessions with Vietnamese authorities in May, June and October before sending the team to Viet Nam. In late May, a MARD delegation will have in-person working sessions with EC representatives to update them on Viet Nam's achievements in IUU fishing prevention and control, hoping to narrow the EC’s recommendations to Viet Nam. Since the EC’s inspection last October, Viet Nam has worked hard to implement four groups of the … [Read more...] about European Commission to send IUU fishing inspection team to Viet Nam in October