Number of foreign visitors to Vietnam declines in June

Real estate has long been one of the most dynamic sectors in Vietnam’s economy, as local property developers unceasingly seek new and innovative ideas to change operating methods and optimize management processes.

Proptech is playing an increasingly important role in information provision and the buying and selling of properties.

After coming under fire across the globe for tax evasion, Google finally raised its voice about the issue.

Since they forged their bilateral strategic partnership in 2010, Vietnam and the United Kingdom have been enjoying a strong increase in trade and investment ties.

The Ministry of Industry and Trade wants to work with Big C and the Vietnam Textile & Apparel Association to find out the reason why Big C has announced an end to the sale of local textile and garment products.

With tax barriers for less sensitive commodities being completely lifted within no later than three years since the adoption of the or EVFTA, Vietnam’s garment and footwear industries are predicted to be beneficial from the trade deal.

Vietnam and the European Union (EU) last week signed a landmark free trade deal that will slash tariffs on almost all goods, including wood and timber products.

Vietnam’s industrial and economic zones attracted 340 foreign-invested projects with a total newly-registered capital of 8.7 billion USD in the first six months of 2019.

The national flag carrier Vietnam Airlines and the Sheremetyevo International Airport of Russia held a ceremony on July 2 to welcome its first flights to and from the airport.

Vietnam has carried out 23 agricultural projects using official development assistance (ODA) worth over 1.96 billion USD, said an official.

The US Department of Commerce has announced preliminary rulings on the circumvention inquiries into Vietnamese cold-rolled steel and corrosion-resistant steel exports made from materials imported from Chinese Taiwan and the Republic of Korea.

Clean production gets fruity in export

British investments in Vietnam are growing at a steady rate, but regulators believe that there is still a lot of room for improvement as the two countries become closer business partners.

Vietnam and the United Kingdom are boosting their bilateral strategic partnership in all sectors, including trade and investment. 

The State Bank of Vietnam has issued a new circular relaxing regulations on bank deposit services for foreigners and nonresidential organizations in Vietnam, a move designed to attract idle funds from the expat community.

It is good for Vietnam to get foreign investment in its fintech sector as support in technology, experience and capital from global major foreign financial groups will help local firms further develop.

Insiders have recommended Vietnam pay attention to developing weaving and other production activities supporting the textile-garment sector to make best use of the EVFTA, a freshly-inked free trade agreement with the EU.

The footwear sector has optimised opportunities from free trade agreements (FTAs) that Vietnam has signed to increase exports, according to insiders.

The Vietnamese dong has gained some strength against the US dollar in the past month, helped by abundant domestic supply and favourable global conditions.