Ford invests extra US$82 million to expand Vietnam assembling plant

Ford’s decision for expansion was owing to growing demand for Ford cars and its commitment to long-term investment in Vietnam’s auto market, said a Ford executive.

Reference exchange rate up 1 VND on January 17

1/17/2020 11:38:14 AM

The State Bank of Vietnam set the daily reference exchange rate at 23,157 VND/USD on January 17, up 1 VND from the previous day.

VN to develop seaport planning

1/17/2020 11:35:41 AM

Việt Nam will develop a seaport master plan for 2021-30, with an aim to enhance infrastructure connectivity, reduce logistics costs and promote marine economic development.

Japan’s second largest advertising firm expands in Vietnam

1/16/2020 3:34:42 PM

Japan’s second largest advertising company Hakuhodo Digital is expanding its presence in Vietnam with the launch of a full-service digital marketing agency, Hakuhodo Digital Vietnam, headquartered in Ho Chi Minh City.

Reference exchange rate down 2 VND

1/16/2020 3:30:27 PM

The State Bank of Vietnam set the daily reference exchange rate at 23,156 VND/USD on January 16, down 2 VND from the previous day.

Binh Duong’s FDI inflows double yearly goal

1/15/2020 11:29:37 AM

The southern province of Binh Duong raked in 3 billion USD in foreign direct investment (FDI) last year, doubling the year’s 1.5-billion-USD plan, according to Vice Chairman of the provincial People’s Committee Nguyen Thanh Truc.

Actively support, promote and consume OCOP products

1/14/2020 2:21:48 PM

Many village products and handicrafts have been exported to international markets. Over 5000 agricultural products and foodstuffs have been tagged with QRCOS traceability.

FDI pledges reach 10-year high

1/13/2020 11:18:33 AM

FDI pledges for new projects, capital supplements and stake acquisitions in Vietnam rose 7.2 percent year-on-year to $38 billion this year, marking a 10-year high.

Singapore investor ups stake in Hanoi battery maker

1/13/2020 11:09:43 AM

GP Batteries International Ltd (GPBI) has increased ownership of Hanoi Batteries Jsc (PHN) to 49 percent amid government divestment.

30 Vietnamese companies sells goods on Amazon in 2019

1/9/2020 9:32:06 AM

Thirty Vietnamese enterprises have sold goods on Amazon, reported the Việt Nam Trade Promotion Agency (Vietrade).

Việt Nam’s GDP to ease slightly in 2020

1/9/2020 9:26:20 AM

Việt Nam’s GDP growth would reach 6.8 per cent from the 7.02 per cent posted in 2019, mainly due to a slowdown in the industrial sector, analysts from Fitch Solutions forecast.