Economy & Money

CPTPP to boost trade and investment between New Zealand & Vietnam

Ambassador of New Zealand to Vietnam, H.E. Wendy Matthews, tells VET how the CPTPP will offer more opportunities for Vietnamese and New Zealand businesses.

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Big banks face challenges raising charter capital

Raising charter capital is the biggest challenge in 2019 not only for small joint stock banks but also for big state-owned banks.

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Sluggish privatization affects Vietnam’s commitments in new FTAs

The country’s privatization of SOEs now still fails to meet targets despite the government’s efforts.

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VN e-commerce ranking witnesses sudden changes in Q4/2018

In the 4th quarter of 2018, the e-commerce market witnessed big changes as Tiki passed Lazada to occupy the second position on the local market and Vietnamese e-commerce firms were among the Top 10 Southeast Asia’s highest-traffic e-commerce sites.

e-commerce

 

VN central bank approves Shinhan’s acquisition of Prudential Vietnam

The State Bank of Viet Nam (SBV) on Thursday issued a decision approving the purchase, sale and transfer of all contributed capital of Prudential Holborn Life Limited at Prudential Vietnam Finance Company Limited to Shinhan Card Co Ltd.

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CPI targeted at 3.3-3.9% this year: Deputy PM

Ministries, sectors and localities was asked to control the consumer price index (CPI) in the range of 3.3 to 3.9 per cent this year.

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Canada protects two Vietnamese brands

Viet Nam’s two brands with geographical indication certification, Phu Quoc Fish Sauce and Buon Ma Thuot Coffee, are protected in the Canadian market under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.

   

Insurance sector posts 24-percent rise in revenue

The insurance sector recorded more than 133.65 trillion VND (5.76 billion USD) in revenue from premiums in 2018, up 23.97 percent from a year earlier, according to the Ministry of Finance’s Insurance Supervisory Authority.

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Wood industry targets $10.5 billion in export turnover in 2019

In 2019, Vietnam’s wood and forestry industry aims to gross 10.5 billion USD in exports, up 1.2 billion USD compared to the previous year.

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Will foreign investors relocate to Vietnam during the US-China trade war?

Multinationals will have to think carefully about whether to relocate to Vietnam to avoid any negative impact from the US-China trade war, experts say.

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Vietnam urged to become a factory for the world

VietNamNet Bridge – Vietnam must become a factory for the world and foster a good investment environment for all economic sectors in order to develop production and boost growth.

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Energy transition could be VN’s next Doi Moi: experts

VietNamNet Bridge – Increasing energy efficiency together with developing renewable energy is critical for Vietnam to ensure energy security,

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Milestone changes to IPRs protection regime

On November 12, 2018, the Vietnamese National Assembly ratified the CPTPP, which came into effect on December 30, 2018 for the first six ratifying members, and on January 14, 2019 for Vietnam.

milestone changes to iprs protection regime

   

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