Vietnam economy

The dong appreciation may cause disadvantages to Vietnamese exporters. Besides this, the nation has seen the dollarization mitigated in recent years thanks to the Government’s policies of exchange rate stabilization and zero interest rate for foreign-currency bank deposits. Therefore, regarding foreign exchange policies, the nation should continue maintaining exchange rate stability, without the need for the dong appreciation. … [Read more...] about Vietnam’s foreign reserves set new record

The scheme will be executed in two phases. Between September 2020 and August 31 next year, the district will mainly develop a cultural and economic space to promote the night-time economy. From September 1, 2021, it will develop nightlife activities across all fields. … [Read more...] about Hoan Kiem Dis. to focus on development of night-time economy

The report said the turmoil caused by the Covid-19 outbreak severely impacted the M&A markets, but Vietnam’s is forecast to grow thanks to investments from developed economies this year due to tensions between the U.S. and China. … [Read more...] about Vietnam soars high in global M&A attractiveness ranking

According to Director of the provincial Department of Planning and Investment Tran Van Hung, to provide effective support for businesses Quang Ninh has fostered public administrative reform and established multiple channels for dialogue between local administrations and companies. It has also prioritised allocating funding to the development of technical and social infrastructure, Hung said. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 8

Renewable energy, which includes solar power, wind power and small hydropower plants, accounted for 15.8 percent of Vietnam's energy supply last year, compared to coal-fired power at 36.1 percent and hydropower 30.8 percent, according to the Vietnam Energy Association (VEA). … [Read more...] about Vietnam to rely on coal for decades to come