Vietnam faces bumpy road to be attractive destination for hi-tech investors

With limited resources, this is now time for Vietnam to consider placing importance on high-quality capital in order to elevate its labor qualification, technology and protect the environment.

Vietnam medical equipment market grows 18%-20% in 2016-2020

8/17/2019 10:59:46 AM

Demand for better healthcare in Vietnam over the past years has greatly contributed to the growth of medical device market.

Vietnam emerges as a global pharmaceutical hub

8/16/2019 3:04:03 PM

According to experts, the boost in attractiveness of the Vietnamese market comes at a time when the business environment for drugmakers in neighboring countries has not been favorable.

Smaller FDI projects pose risk of outdated technologies

8/16/2019 12:05:57 PM

The average investment capital of fresh projects in 2017 reached US$13.8 million per project, then decreased to US$5.87 million in 2018 and US$4 million in the first seven months of 2019, according to the Ministry of Planning and Investment (MPI).

Reference exchange rate up 5 VND on August 16

8/16/2019 11:58:57 AM

The daily reference exchange rate was adjusted up 5 VND to 23,120 VND per USD on August 16.

Standard Chartered expects Việt Nam to be ASEAN outperformer

8/15/2019 10:11:02 AM

Standard Chartered forecasts Việt Nam to remain the fastest-growing ASEAN economy in the near term, with 2019 growth projected at 6.9 per cent.

Logistics market sees wave of investment from Japan, RoK

8/15/2019 8:04:03 AM

The logistics market has become more vibrant in recent times with large merger and acquisition (M&A) deals between Vietnamese businesses and foreign investors who have strong financial and technological potential, especially those from Japan and the Republic of Korea.

How does yuan price reduction affect garment, footwear industries?

8/15/2019 7:01:23 AM

The sudden depreciation of Chinese yuan against the US dollar brings more difficulties to Vietnam’s yarn industry, according to Vietnam Textile and Apparel Association (VITAS).

High-tech farming significant to improve sugarcane quality, productivity

8/14/2019 11:05:59 PM

Applying advanced technologies in the cultivation of sugarcane is important to improve quality and productivity of the giant tropical grass, Thai experts said at a conference held by Thanh Thanh Cong-Bien Hoa JSC in the southwestern province of Tay Ninh on August 13.

High-tech FDI shouldn’t be taken for granted

8/14/2019 1:09:27 PM

Việt Nam has emerged as a destination for large tech firms as the trade dispute between the US and China continues to intensify with no end in sight. However, whether and how much Việt Nam can take advantage of the shifting FDI flow out of China remains to be seen.

Convenience stores expected to be the next big thing in franchising in Vietnam

8/14/2019 6:23:53 AM

After food and beverage and other sectors, it is the turn of convenience stores franchisers to eye the huge Vietnamese market.