A different perspective on Vietnam’s economy and doing business in Vietnam. Make sure to subscribe.
Vietnam and the Middle Income Trap: Unpacked
Vietnam’s 8 Percent GDP Growth Target: Unpacked
Buy More, Sell Less: Tackling Vietnam’s Trade Surplus with the US
Is Vietnam the Next Asian Tiger Economy?
What Recent Traffic Reforms Say About Doing Business in Vietnam
Building An International Financial Centre in Vietnam: Unpacked
Vietnam’s Economy in 2024: A Brief Recap
What to Watch Now Google Has An Office in Vietnam
Does Vietnam Have a Private Consumption Problem Too?
The 8th Session of Vietnam’s National Assembly: Key Takeaways
Rethinking Financing Vietnam’s Clean Energy Transition
Vietnam’s New Social Media ID Regulations: Unpacked
How Well Prepared Is Vietnam for a Trump Presidency?
Temu in Vietnam: What’s Fair in Free Trade?
Media Relations in Vietnam: Lessons from VinFast
It’s Time to Talk About Vietnam’s Credit Growth Policy…
Vietnam’s Economy in Q3 Beyond GDP Growth: Unpacked
Paying For Vietnam’s High-Speed Rail: Unpacked
Day: June 13, 2024
Vietnam car sales increase in May, but down year-to-date
Of note, an article in Business Forum Magazine has lamented that the bulk of this decline was in locally produced vehicles and suggests this might presage an even greater decline of the local car manufacturing industry. It points out that import tariffs have come down considerably on motor vehicles under the ASEAN Trade in Goods Agreement but are also declining as a result of the European-Vietnam Free Trade Agreement which should see tariffs on cars imported from Europe reduced to zero by 2030.
Claims Vietnam to allow gold imports later this year rebuffed
There was a similar situation last month whereby Reuters reported that the state power provider had asked a key Apple supplier to reduce its power consumption, however, the state power provider later came out and said this wasn’t accurate. It should be noted that government ministries and departments and state-owned enterprises generally do not respond to requests for comment from foreign media. With this in mind, a simple solution might be to reform this practice.
Vietnam bank lowers foreign ownership limit below Aussie bank’s current holding
It’s not clear what this might mean for Australia’s Commonwealth Bank nor why they bank made this decision. It could be to give local shareholders greater control over what the Commonwealth Bank does with its stake or could also be that the bank wants to diminish the influence of foreign banks on its local operations…
Vietnam port pushes back on allegations of pilfering from goods for export
The allegations now include 1.68 tons of coffee missing from a shipment to Egypt in January; four shipments of pepper to the Philippines, Korea, Thailand, and Japan from March that were each missing between 1.5 and 4.6 tons; and three pepper shipments to Malaysia and Norway between September last year and March this year that were each missing between 200 kilograms and 3.3 tons of product…
Vietnam aviation forum highlights outsized debate over rising local airfares
It’s not exactly clear why airline ticket prices have become such a huge focus in the local media and this could suggest that said coverage is slightly disproportionate to the problem it purports to cover. It’s also worth bearing in mind that the local aviation industry has been having a difficult time of late and this may be simply adding to its woes…
- agriculture
- alcohol
- aluminium
- automotive
- aviation
- banking & finance
- beer
- bonds
- cement
- chemicals
- coffee
- construction
- consumer finance
- crude oil
- cryptocurrency
- e-commerce
- economy
- electricity
- energy
- foreign direct investment (fdi)
- finance
- food processing
- logistics
- manufacturing
- mining
- nuclear power
- pharmaceuticals
- policy
- real estate
- renewable energy
- resources
- shipping & logistics
- stock market
- telecommunications
- tourism
- trade
- wind power
- wood manufacturing