Economy & Money

Vietnam to catch up with Thailand in 15 years: tourism minister

If the high growth rate of international travelers in the last two years can be maintained, Vietnam’s tourism could catch up with Singapore in two years and with Thailand in 15 years, according to Minister of Culture, Sports and Tourism Nguyen Ngoc Thien.

 

Skytrax lists Vietnam Airlines in top 20 with best premium economy class

The national flag carrier Vietnam Airlines announced on June 22 that Skytrax has placed it 14th among 20 carriers offering the world’s best premium economy class experience 2017. 

 

Central bank looks to up foreign reserves

The State Bank of Vietnam’s transaction centre this week raised the reference buying rate for the US dollar by 50 VND to 22,725 VND, revealing its intention to expand foreign reserves.

   
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Vietnam drops criminal charge threat against unregistered online businesses

Successful business owners would have faced up to two years in jail if they failed to register under the previously flawed law.

 

Industry 4.0 paving the way for Vietnam’s startups

FPT Corporation Chairman Truong Gia Binh and Asanzo Vietnam CEO Pham Van Tam share their outlook on the Industry 4.0 trend with VnExpress.

CEO of Asanzo Vietnam, Phan Van Tam (left) and Chairman of FPT Corporation Truong Gia Binh (middle) at the talkshow. Photo by VnExpress/Quy Nguyen

   

Compelling Vietnam: Foreign investors unfazed by Trump's trade deal rebuff

Vietnam has been a big winner as Chinese manufacturing costs have risen and China itself is now one of the three biggest investors in Vietnam.

Compelling Vietnam: Foreign investors unfazed by Trump's trade deal rebuff

 

Vietnam’s power prices high due to monopoly’s multi billion-dollar debt: official

Electricity of Vietnam owes $9.7 billion, and often blames losses for hiking prices.

Vietnam’s power prices high due to monopoly’s multi billion-dollar debt: official

   

Vietnam launches new agency to 'rescue' farm products

Farmers are growing more food than the population can eat due to a breakdown in communication.

 

Ministry's initiative: to make cars not yet manufactured in regional market

The Ministry of Industry and Trade (MOIT) has proposed an original idea – manufacturing car models that other regional production bases do not make.

   

US halts Brazil beef imports, citing food safety concerns

1.9 million pounds (861,825 kilograms) of Brazilian beef products were refused entry to the U.S.

 

High-end toy market is booming

- The market for children’s goods exceeded the $5 billion threshold last year, in which toys and clothes made up one-third of the market value, according to N Kids. 

   

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