The Vietnamese dong has strengthened against the U.S. dollar after hitting a peak in late July, with the exchange rate now at its lowest level in several months.
Amid travel restrictions and general public wariness around safety, staying in a hotel close to home – and in many cases, the same city – is on the rise from the U.S. to Britain and Vietnam.
The funds will be utilized to bring much needed resources to bear immediately, including supporting private sector recovery.
Trade tensions between the U.S. and China are driving increased real-estate investor interest to Southeast Asian countries, with Vietnam’s industrial sector a key focal point, according to JLL.
The summit between U.S. President Donald Trump and North Korean leader Kim Jong Un ended without reaching agreement because of different views on lifting sanctions.
The U.S. Trade and Development Agency has announced its intention to support Vietnam Electricity Corporation to develop a liquefied natural gas terminal in the southern part of the country.
World class U.S. companies including Microsoft, Cisco, FedEx, Coca-Cola, and Visa are promoting the integration of Vietnam’s leading small and medium sized enterprises into the global supply chain.
The Vietnamese government will have appropriate improvisation instead of floating the exchange rate under the context of escalating trade war between the U.S. and China, according to economic experts.
Corrosion-resistant steel and certain cold-rolled steel flat products delivered from Vietnam but originated in China are subjected to import duties up to 200 percent due to evading the U.S. anti-dumping and countervailing duty orders, according to conclusive decisions just declared by the U.S. Department of Commerce
In 2018, Vietnam Airlines will have its first non-stop flight to the United States, with a starting point of either San Francisco or Los Angeles.
The State Audit Office of Vietnam (SAV) has said it will prioritize the audit of key projects involved in the transport sector and projects in the form of public-private partnership (PPP).
The U.S. Department of Commerce (DOC) has announced to rescind the administrative review of the countervailing duty (CVD) order on certain steel nails (steel nails) from Vietnam for the period January 01, 2016, to December 31, 2016, according to Vietnam Competition Authority.
The United States Department of Commerce (DOC) has rescinded, in part, countervailing duty administrative review of certain steel nails (steel nails) from Vietnam covering the period November 3, 2014, through December 31, 2015, according to Vietnam Competition Authority.
Philip Falcone, founder of Harbinger Capital which is a principal investor in the US$4.2 billion Grand Ho Tram Strip in Ba Ria-Vung Tau province, believes U.S. investment will continue to grow in Vietnam as the government continues to implement tough but necessary reforms and takes further steps to ensure a level-playing field for foreign companies.
