vietnam

The Vietnam category covers economic developments, investment trends, and policy updates specific to the country. It explores market opportunities, trade relations, industry growth, and government initiatives, providing insights into Vietnam’s role in global supply chains, emerging sectors, and foreign business expansion.

 

Calls to allow greater devaluation of the Vietnamese dong

Dr Huan Huu Nguyen, from the Ho Chi Minh City University of Economics, has told Donah Nhan Vietnam that the VND should be allowed to fluctuate within a greater range and that Vietnam should accept a short-term devaluation. Currently, the dong operates in a trading band of 5 percent either

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Images of Google’s new smartphone leaked from a Vietnam factory

Technave has published images of the Google Pixel 8 Pro smartphone that it says have come from a factory in Vietnam. This is a week before the official unveiling.  Why it matters: Intellectual property protection is a key concern for foreign manufacturers entering the Vietnam market. These leaks do not

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Vietnam’s strengths and weaknesses from Global Innovation Index report

Vietnam is up two places on the Global Innovation Index, now ranked 46 out of 132 countries,  state media is reporting. The article focuses on input and output performance but misses the table below that lays out Vietnam’s innovation strengths and weaknesses. Full report. Strengths Weaknesses Rank Indicator name Rank

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Electric vehicle battery public relations blitz continues

Vietnam News is carrying an article that breaks down how electric vehicle batteries are made and proselytises how safe they are. For context: It was widely reported, in the mainstream media, two weeks ago that the fire in Hanoi that killed 56 people started when the battery in an electric

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Vietnam’s Bamboo Airways can’t pay its pilots

Bamboo Airways has been haemorrhaging pilots over the late payment of salaries, Reuters is reporting. This comes after Japanese airline expert Oshima Hideki left the position of Chairman of the Board at Bamboo after just a couple of months on the job. The embattled Bamboo Airways has made a number

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Donation to Oxford college from Vietjet CEO falls through

A US$188 million pledge to Oxford college from Vietjet’s CEO Thao Phuong Thi Nguyen has been put on ice due to legal constraints around moving the money out of Vietnam, The Telegraph is reporting. The donation would have seen Oxford’s Linacre College renamed Thao College after the donor. It’s not

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Food company in northern Vietnam to branch out into electric vehicles

The Cencon Vietnam Company, known for frozen foods and consumer goods, has announced it intends to branch out into electric vehicles, The Leader is reporting. A new company will be established–the Cencon Electric Car Company–with start-up capital of VND 80 billion (US$3.3 million). The article suggests this new company will

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Chinese press dubbs US-Vietnam rare earth ambitions ‘unrealistic’

The China Daily has run an op-ed in which it says the US and Vietnam lack the technology (which China has) to effectively mine and process Vietnam’s rare earth deposits reportedly the second biggest in the world. China withholding the necessary technology Vietnam needs to develop its rare earths industry

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Securities firms urge calm as VN-Index plunges

VinaCapital and Dragon Capital, two of the biggest trading firms in Vietnam, have urged other investors to stay calm and not react to rumours, after the VN-Index lost 40 points or 3.34 percent of its value on Monday, VN Expres is reporting. For context: Rumours spread Friday that several members

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Thailand and Vietnam intend to work together to combat ‘fake news’

Thailand and Vietnam, have announced they intend to work together to tackle the challenges posed by ‘fake news’, Vietnamese state-owned media is reporting. At a working committee on the sidelines of Conference of the ASEAN Ministers Responsible for Information (AMRI) the two countries, ranked 106 and 178, respectively, on the

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Vietnam’s real estate woes could continue into 2024

Economist Le Xuan Nghia, has predicted that the real estate market turmoil in Vietnam may continue into the third quarter of next year, The Investor is reporting. The article goes on to say that prices are rising because of low-supply which is a result of challenges accessing capital for real

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