Wider recognition a top reason for upping bank activity abroad

Wider recognition a top reason for upping bank activity abroad

Vietnamese banks are proactively expanding their presence in the foreign markets in order to serve more customers. Kent Wong, chairman of the Legal Committee at the European Chamber of Commerce in Vietnam, discussed with VIR’s Celine Luu the positives and negatives associated with the practice.
Software firms assert footprint in billion-dollar markets

Software firms assert footprint in billion-dollar markets

Vietnam's technology majors are growing their presence in top global markets with many ambitious goals.
Demand for domestic items continues to rise

Demand for domestic items continues to rise

An 8-month trade surplus, positive impacts from trade pacts, and the reopening of foreign markets may enable Vietnam to continue to attain new trade achievements this year.
Vietnam striving to bring high-quality rice to the world

Vietnam striving to bring high-quality rice to the world

With the embrace of now-globally recognised ST25 rice, Vietnam’s foray into foreign markets has received the necessary boost – but a lack of cooperation between exporters and farmers could limit domestic suppliers’ competitiveness.
Wide-ranging efforts boost exports

Wide-ranging efforts boost exports

Vietnam’s export-import landscape is regaining big momentum on the back of a rebound in domestic production and the growing demand from many foreign markets, with a brighter trade outlook for the economy for the entire year.
Export picture enjoys benefits from restart

Export picture enjoys benefits from restart

In defiance of massive woes, Vietnam’s export-import landscape is gaining momentum on the back of the gradual recovery in domestic manufacturing and bit-by-bit reopening of many foreign markets, promising a brighter trade picture for the country this year.
Global demand geared up to rise

Global demand geared up to rise

Despite massive challenges, Vietnam’s trade landscape is slowly gaining momentum thanks to a bit-by-bit recovery in local production and gradual reopening of many foreign markets, promising a brighter export-import picture for the country until the year’s end.
Keeping opportunities fresh in fruit and vegetable exports

Keeping opportunities fresh in fruit and vegetable exports

The export of Vietnamese fruit and vegetables is worth hundreds of millions of US dollars each year but is so far impeded by the lack of appropriate preservation technology. As regional countries are also upping their game, Vietnam may see incentives for upgrading the lifetime of its produce when exporting to foreign markets like the United States.
Vietnamese overseas investment hits 150 million USD

Vietnamese overseas investment hits 150 million USD

The Foreign Investment Agency said in the first four months of the year, Vietnamese firms invested nearly 150 million USD in foreign markets.
New decree removes barriers for rice exporters

New decree removes barriers for rice exporters 1

According to a new governmental decree, rice-exporting businesses will no longer be required to own rice storage, paddy milling and grinding facilities with processing capacities of 5,000 tonnes of rice and 10 tonnes of paddy per hour, respectively.
Vietnam anticipates new wave of outbound investment

Vietnam anticipates new wave of outbound investment

Economists call for Vietnam to step up outbound investments to maximise outside resources and contribute to the country’s regional and international position.