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.
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.
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.
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.
In Vietnam, location remains the top priority for homebuyers, according to Duong Duc Hien, Director of Residential Sales North and Central region Savills Vietnam.
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 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.
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 Ratings has upgraded Vietnam’s rating from "BB-" to "BB" proving the nation’s improvement on economic growth, foreign exchange reserves and government debt.
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.
Publication permit No. 348/GP-BTTTT dated July 19, 2017, granted by the Ministry of Information and Communications of the Socialist Republic of Vietnam
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