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Attending the event were Vietnamese Ambassador to Laos Nguyen Ba Hung; Lao Deputy Minister of Planning and Investment and Vice Chairman of the Laos – Vietnam Cooperation Committee Khamphoi Keokinnaly; Chairman of the Lao National Assembly’s Committee on Planning, Finance and Auditing and Chairman of the Laos – Vietnam Friendship Association Central Committee Vilayvong Bouddakham; and former Director of the Lao National Economic Research Institute Bouasone Bouphavanh, among others. … [Read more...] about VIETNAM BUSINESS NEWS HEADLINES OCTOBER 13

Trang also pointed out that with regard to the CPTPP, the country has faced an array of difficulties in taking full advantage of tariff incentives on garments and textiles as Vietnamese products must adhere to rules of origin whereby a certain ratio of materials from a product must originate from other CPTPP members. Currently, most of the nation’s supply sources of materials originate from China. … [Read more...] about BUSINESS NEWS OCTOBER 12

Regarding variety of payment methods, only 27 per cent of all transactions are made via non-cash methods such as credit cards or mobile wallets. However, an increasing percentage of customers are showing a preference for these methods. Those who prefer to pay with a credit card is 51 per cent, up from 42 per cent in 2018, those who prefer a mobile app is 19 per cent, up from 11 per cent in 2018, and those who use membership points is 16 per cent, up from 10 per cent in 2018. … [Read more...] about BUSINESS NEWS OCTOBER 11

It also admitted difficulties in realising the Master Planning on Drainage in Hà Nội by 2030. According to the master planning, which was signed in 2013, up to 90 per cent of the city’s population would have their sewage collected and treated by 2030 and the rate was due to reach 100 per cent by 2050. … [Read more...] about Nearly 90% of Hanoi’s sewage ends up in rivers

Visitors examining some products on display at the exhibition - Photo: VNA The series of exhibitions is co-organized by the Vietnam Leather, Footwear, and Handbag Association (LEFASO), international exhibition organiser Top Repute Co., Ltd., and the Ho Chi Minh City Leather and Footwear Association. … [Read more...] about Nearly 700 businesses attend exhibitions of leather and footwear sector

Together with the expansion of the residential market, the affordable segment is moving farther and farther away. For instance, the projects’ locations were typically more than 10km from Ha Noi’s central business districts (CBD), according to CBRE Viet Nam. In comparison, affordable products launched in 2019 are typically within a 10-13 km radius from Ha Noi’s CBD with relatively stable pricing. … [Read more...] about Vietnam real estate still an attractive prospect