A different perspective on Vietnam’s economy and doing business in Vietnam. Make sure to  subscribe.

Day: July 12, 2024

Vietnam’s biggest insurance firms to reduce state ownership

Notably, state-owned insurers held a dominant position in Vietnam’s insurance market share in 2023, with Bao Viet leading at 15.13 percent. That said, the Vietnamese insurance market is opening its doors to foreign investment. In 2022, a new Law on Insurance Businesses was passed that allows for foreign firms to wholly own Vietnamese insurance companies…

Read More »

China textile firm kicks off construction of US$71 million factory in northern Vietnam

Notably, Vietnam’s textile and garment industry experienced strong growth in the first six months of 2024. In the first half of 2024, Vietnam’s textile and garment exports reached approximately US$16.5 billion, an increase of 4.6 percent over the same period in 2023. However, the improvement in Vietnam’s textile and garment exports does not seem to necessarily stem from improved global demand but from a shift of orders from other countries to Vietnam… 

Read More »

Vietnam News Roundup: July 5 to July 11

This week’s Vietnam news roundup covers Vietnam’s latest import and export numbers, bond issuances, new manufacturing projects, IPO data, foreign trader stock market activity, electricity news, and more…

Read More »

data sets