Shopee, Tiki and Lazada retained their positions as the top three e-commerce platforms in the Vietnamese market in the second quarter of 2019 while Sendo surpassed Thegioididong to become the fourth largest site for the first time.
A revision in the concept of state-owned enterprises (SOEs) could add 1,282 joint stock companies into the category of state firms and make them subject to the Law on State Enterprises, according to Phan Duc Hieu, vice director of the Central Institute for Economic Management (CIEM).
Matsuoka Corp. plans a new plant in the central province of Nghe An as part of its medium-term strategy to reduce reliance on China.
The foreign direct investment (FDI) sector posted a trade surplus of more than US$15 billion, but domestic enterprises suffered a trade deficit of nearly US$13.5 billion in the first half of the year, thus pushing down the country’s trade surplus to only US$1.6 billion.
Thailand, one of Vietnam’s main trade partners, has registered a total of over US$10.5 billion for investment in the country.
Through the eyes of many European countries, Vietnam is seen as an ideal investment hub in the region of Southeast Asia, following the signing of the EU-Vietnam Free Trade Agreement and the EU-Vietnam Investment Protection Agreement.
Viet Nam gained a trade surplus of $1.59 billion in the first half of this year, according to the latest statistics from the General Department of Customs.
HCM City’s economy grew by 7.86 per cent year-on-year in the first half of the year to VND611.5 trillion (US$26.3 billion).
Vietnamese businesses, especially small- and medium-d ones, should export their products through the Amazon e-commerce sales platform, a seminar heard in HCM City on Friday.
Finaxar Viet Nam, Indovina Bank and Cathay Financial Holdings on Thursday announced a partnership to improve access to financing for small and medium enterprises (SMEs) in Viet Nam.