* Vo Tri Thanh is a senior economist at the Central Institute for Economic Management (CIEM) and a member of the National Financial and Monetary Policy Advisory Council. The holder of a doctorate in economics from the Australian National University, Thanh mainly undertakes research and provides consultation on issues related to macroeconomic policies, trade liberalisation and international economic integration. Other areas of interest include institutional reforms and financial systems. … [Read more...] about Can Viet Nam could take advantage of new foreign investment strategies?
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The Phu Quoc Express Joint Stock Company’s high-speed boats will be run on the route, the first of its kind in Ca Mau.The boat which can transport 300 passengers can help to save much time for the travel between Ca Mau and Kien Giang. At present, people from Ca Mau Province have to travel for nearly 100 kilometres to Phu Quoc Island. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES JULY 5
Most notably, the UK, which is completing the Brexit process, will remain part of the EU trade pact with Vietnam until the end of 2020. UK ambassador to Vietnam Gareth Ward told British companies in a recent online conference that both the UK and Vietnam are working on a bilateral trade deal, with an agreement expected to be reached by the end of the year. … [Read more...] about EVFTA could turn Vietnam into new destination for manufacturers: Nikkei
In the context of the COVID-19 pandemic, Vietnam has been getting a lot of attention as it has managed to cage the outbreak with a sheer iron will, the article said. Vietnam is fast emerging as the preferred destination of multinational firms, it stressed, adding that the Southeast Asian nation is revving up its economic engine and has already restarted domestic tourism. The IMF forecasts that Vietnam is likely to post economic growth 2.7 percent in 2020, while the World Bank has pegged it at 4.9 percent - far greater than regional peers. “Vietnam finds itself in a sweet spot today. It has contained COVID-19, weathered most of the economic storm, and has the right ingredients to take full economic advantage of the post-pandemic scenario”, the article said. Foreign media also ran articles on the assessment of Vietnam’s success in containing the spread of the virus and working for its economic recovery. Axios.com said Vietnam was one of the first in the world … [Read more...] about Vietnam’s economy attractive to foreign investment: int’l media
The investees account for 97.5 per cent of the fund’s portfolio. Top 10 holdings include Dong Hai Ben Tre JSC (DHC), Vinh Hoan Corporation (VHC), Nam Long Group (NLG), Power Construction JSC No 1 (PC1) and Taseco Air Services (AST). — VNS … [Read more...] about PXP Asset Management to sell investment funds