The international reserves held by the State Bank of Viet Nam (SBV) were equal to US$92 billion at the end of August, up from $80 billion at the end of December.
Ten years after the Vietnam-Japan Economic Partnership Agreement entered into force in 2009, with import tariffs removed already, Japanese consumer goods suppliers are looking into bolstering their presence in the Vietnamese market amid local and regional competition.
Saigon Beer Alcohol Beverage Corporation, better known as Sabeco, has launched the “Rise with Vietnam” relay event, which aims to raise funds in support of Vietnamese workers adversely affected by the ongoing COVID-19 pandemic.
Vietnam and South Korea are expected to resume an increase in trade and investment thanks to an agreement to facilitate entry for the movement of persons into their respective territories, which have been deterred by the health crisis.
The COVID-19 pandemic has created unprecedented uncertainty and significant operational challenges for many middle market businesses. As this situation continues to evolve, organisations should continuously re-evaluate and reassess their systems and processes for adapting to this new environment, mitigating risk and minimising negative impacts.
The record trade surplus Viet Nam ran in the first eight months of this year amid the COVID-19 pandemic was not necessarily a good thing, experts have said.
EU investors are interested in developing a logistics complex worth nearly $1 billion in Vietnam’s southern province of Ba Ria-Vung Tau to tap into growing trade demands on the back of the EU-Vietnam Free Trade Agreement (EVFTA).
Pegatron Corporation, which is one of world’s five largest electronic parts and component manufacturers, is proposing to develop a plant in Nam Dinh Vu Economic Zone in the northern city of Haiphong.
As Vietnam is accelerating its e-government development, many technology solutions have been showcased to advance Vietnamese logistics at the 15th conference on e-government development.
Ernst & Young Vietnam (EY Vietnam) inked a deal with Loc Troi Group to develop and implement the IFRS international accounting standard system.