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Vietnam rises to be a new manufacturing star as US-China trade war escalates

In 2019 and 2020, Vietnam will be welcoming a new wave of production and manufacturing shifting from China. Such trend will give rise to the industrial property across the nation, according to CBRE.

‘Vietnam holds a great opportunity for women’

A dynamic, peaceful and cheerful Vietnam is the beautiful impression that Caitlin Wiesen, UNDP Vietnam Resident Representative had after one year and a half living and working here.

ADB reduces Vietnam's GDP growth forecast to 6.9pc

Vietnam’s economy continued to perform strongly in the first half of 2018, however, it remains vulnerable to external and domestic challenges, according to Asian Development Bank.

Danish pump giant steps up in Vietnam

Grundfos, the Denmark-based global leader in advanced pump solutions and water technology has just appointed Trung Thien International Trade Invest JSC as the company’s main distributor in Vietnam for their newly launched pump products for use in and around Vietnamese homes.

Location remains to be top priority for Vietnamese homebuyers: Savills

In Vietnam, location remains the top priority for homebuyers, according to Duong Duc Hien, Director of Residential Sales North and Central region Savills Vietnam.

New wholly foreign owned banks might cease to emerge

The Government will not likely grant any more business licenses for banks with 100 per cent foreign capital, according to Deputy Prime Minister Vuong Dinh Hue.

Moody's upgrades rating for Vietnam citing it to be more competitive than other rated peers

Moody's Investors Service, also known as Moody's, had recently upgraded the Government of Vietnam's long-term issuer and senior unsecured ratings to Ba3 from B1 and changed the outlook to stable from positive.

Vietnamese steel originated in China will endure severe tariff from the U.S.

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

Fitch upgrades rating for Vietnam citing it as the fastest amongst 'BB' rated peers

Fitch Ratings has upgraded Vietnam’s rating from "BB-" to "BB" proving the nation’s improvement on economic growth, foreign exchange reserves and government debt.

Self-certification mechanism looms to put in place to facilitate local exporters to EU

In January 2019, Vietnamese exporters to the EU will have to self-verify the origin of their products in order to be qualified for Generalized System of Preferences (GSP), tariff preferences for developing countries.

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