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…
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…
Japan noodle firm to invest US$87 million in northern Vietnam in 2027
Notably, Vietnam was among the top three markets for instant noodles globally over the three years ending in 2022, according to the World Instant Noodle Association. Vietnamese consumed approximately 8.48 billion packs of instant noodles in 2022 collectively or 85 packs per person…
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…
In today’s Vietnam news: Accor-Sun Group agreement, US largest ethanol supplier, Demographic dividend to end 3 years early, Maritime economy development, ACV looking to
In today’s Vietnam news: Vietnam Airlines trading restrictions removed, Insurance payouts VSS, Car sales June, 23+ years prison term recommended counterfeit supplements, Counterfeit shoes
In today’s Vietnam news: Government to inject cash into Agribank, IMF growth forecast raised, German industrial gas plant investment, VN garment maker Amazon legal
This is an interview with Chris Walker, a Vietnam Sourcing Expert with Vietnam Factory Tours how rising oil prices and the Middle East crisis are
This is an interview with John Gardner, CEO and Founding Partner, at Optimum Hospitality in Ho Chi Minh City. It covers fuel price impacts on:
This is an interview with Dr Nuno F. Ribeiro, Associate Professor, International Tourism & Hospitality Management at Copenhagen Business College, formerly of RMIT Vietnam. It