Vietnamese newspaper

GDC reported that by the end of August, Vietnam had spent $2.136 billion, or VND50 trillion to import 95,929 cars of different kinds, of which imports from Thailand accounted for 50 percent. At least 56,792 products were imported from the country, worth $1.1 billion. … [Read more...] about Thai autos flooding Vietnamese market

Finally, as the standard of living is improving around Vietnam, the need for consumer durable loans and two-wheeler loans issued at the point-of-sale (POS) continues to grow steadily. FE CREDIT’s total loans at POS make up 9 per cent of the total loan book and grew nearly 10 per cent vs. the first quarter. It has captured the increase in market demand by boosting strategic partnerships with leading retailers who make up the bulk of the home appliances and two-wheeler sales in Vietnam. … [Read more...] about BUSINESS NEWS OCTOBER 11

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

“India, a country with the world's second largest population, is now considered as a promising tourist market. Each year about 25 million Indians travel abroad and this trend has been increasing rapidly in recent years. However, the number of Indian visitors to Việt Nam is still small (over 130,000 Indian visitors to Việt Nam in 2018, while the number of Indian tourists to Thailand reached about 1.5 million). "- Ambassador Phạm Sanh Châu expressed his concern. … [Read more...] about Vietnam – India culture and tourism: Chicken lays golden eggs

Politburo member, Permanent Deputy Prime Minister Truong Hoa Binh, on behalf of the Political Bureau, read the Political Bureau’s acquirement and explanation report on ideas discussed by the Party Central Committee on the socio-economic situation and the implementation of state budget in 2019; the socio-economic development plan for 2020; state budget estimate for 2020 and the finance-budget plan for 2020-2022. … [Read more...] about VIETNAM POLITICAL NEWS HEADLINES OCTOBER 13

At the event, the FTU, the Centre for Data Science and Service Research - Graduate School of Economics and Management of Tohoku University (Japan), the Faculty of Economics and Business Management of National University of Laos, and the Climate Change Research Centre at the Viet Nam Institute of Meteorology, Hydrology and Climate Change signed an agreement on furthering co-operation in research and education on climate change and economic development. They also launched a network to expand joint research and education on climate change. … [Read more...] about VIETNAM BUSINESS NEWS HEADLINES OCTOBER 13