Data centres in Vietnam are becoming more and more common. This is a result of a broader move to digitise the economy as well as several key regulations that require businesses to store the data of Vietnamese users in Vietnam. Opening a data centre in Vietnam for foreign firms or

Cost of eating out in Vietnam rises 0.65 percent in September over August

the-shiv October 16, 2024

The cost of eating out in Vietnam went up by .65 percent in September over August, according to the General Department of Statistics’ Consumer Price Index data. This was coupled with a year-on-year increase in the cost of eating out of 3.84 percent…

Vietnam domestic flight numbers experience biggest fall this year in September

the-shiv October 16, 2024

Of note, year to date, Vietnam Airlines and Vietjet have executed 83,552 and 83,326 flights, respectively, putting Vietjet just a cat’s whisker away from being Vietnam’s biggest airline in terms of the number of flights…

Bamboo Airways is resuming international flights

the-shiv October 16, 2024

This is somewhat of a surprise in that the airline has been struggling for the better part of two years during which it has repeatedly downsized its fleet and number of routes…

How to Start an Import Business in Vietnam: Ultimate Guide 2024

the-shiv October 16, 2024

Vietnam is in the midst of a trade boom. Goods are flowing in and out of Vietnam to the tune of billions of dollars every day. Not only is there a growing consumer market that is buying up all manner of goods but a booming manufacturing industry led my a number of big companies manufacturing in Vietnam is also sucking in raw materials from all over the world and the region to assemble at factories all over Vietnam. With this in mind, there are broad opportunities in starting an import business in Vietnam.

Saigon Thuong Tin Commercial Bank: Vietnam Stock Overview

Huong Nguyen October 16, 2024

In 2015, Sacombank merged with Southern Commercial Bank, the latter known as Phuong Nam in Vietnamese, which was in distress without about 50 percent of its debts considered bad at the time. This merger had a huge impact on Sacombank’s business performance in the period from 2016 to 2023 as it needed to set aside provisions for, as well as process, these bad debts. However, most of that assets have now been handled…

Vietnam debit card payments could reach US$65.6 billion by 2028: GlobalData

the-shiv October 16, 2024

The expansion is being fuelled by increased bank penetration and a continued shift among Vietnamese consumers towards electronic payments. As more individuals open bank accounts and adopt cashless payment methods, the use of debit cards has seen a steady rise across the country.

Vietnam GDP could take .3 percent hit if special consumption tax on alcohol raised

the-shiv October 16, 2024

The article goes on to canvas the opinions of a range of industry groups but there does not appear to have be any analysis of the cost savings from a reduction in alcohol related illnesses and road deaths and property damage caused by drunk drivers nor how the funds collected might be redistributed…