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Image: VIETNAM BUSINESS NEWS MAY 9

VIETNAM BUSINESS NEWS MAY 9

Vietnam eyes 600 billion USD in export turnover in 2021

Image: Vietnam among top three buying geographies of US firms

Vietnam among top three buying geographies of US firms

NDO/VNA – A new report finds that 43 percent of US-based respondents cited Vietnam among their top three buying geographies as of early 2021, doubled from 2019, according to Material Handling & Logistics, a US website.

Image: Cash payment habits change in Asia Pacific

Cash payment habits change in Asia Pacific

Under the impact of the Covid-19 epidemic, the interest in new payment technologies is growing in the Asia-Pacific region.

Image: Vietnam needs measures to curtail financial crimes

Vietnam needs measures to curtail financial crimes

Money laundering is becoming rampant in Vietnam, and if not curtailed, then money laundering criminals will soon find ways to legalize this money which then will find its way into reputable banks, or invested in projects in Vietnam.

Image: International IPOs help boost Vietnamese enterprises' positions

International IPOs help boost Vietnamese enterprises' positions

IPOs (Initial Public Offering) or being listed on foreign markets not only helps Vietnamese companies attract investments, but also strengthens their positions and the country’s position in the world.

Image: Local banks earn high profits from bancassurance activities

Local banks earn high profits from bancassurance activities

Local credit institutions are enjoying a rise in bancassurance activities with more exclusive deals coming, according to industry insiders.

Image: Fruit growers suffer great losses from beetle devastation in Vietnamese province

Fruit growers suffer great losses from beetle devastation in Vietnamese province

The insects have eaten up leaves of fruit trees, from young to old ones

Image: India will not apply anti dumping duties for Vietnam s artificial fiber

India will not apply anti dumping duties for Vietnam s artificial fiber

The Trade Remedies Authority of Vietnam received information on May 6 that the Indian Ministry of Finance's decision to not impose anti-dumping duties on a number of artificial fiber products which originate from China, Indonesia, and Vietnam.

Image: Vietnam’s Bamboo Airways allowed to launch direct flights to U.S.

Vietnam’s Bamboo Airways allowed to launch direct flights to U.S.

The direct flights to the U.S. will be operated on a daily basis

Image: Mango exports: Cambodia has become Vietnam’s rival in the Chinese market

Mango exports: Cambodia has become Vietnam’s rival in the Chinese market

Cambodia has obtained the go-ahead to export mangoes to China, becoming a new rival for Vietnam in the 1.4 billion consumer market.

Image: Bamboo Airways receives slots to operate direct flights to US

Bamboo Airways receives slots to operate direct flights to US

NDO – Bamboo Airways has been officially granted slots (landing and take-off times) to operate regular direct flights from Ho Chi Minh City to San Francisco and Los Angeles starting September 1.

Image: Vietnam seeks avoidance as currency manipulator in future

Vietnam seeks avoidance as currency manipulator in future

On April 16, 2021, the US Treasury Department removed Vietnam and Switzerland from their list of currency manipulators, reversing the decision taken by the Trump Administration last December.

Image: Unprofitable companies scramble to raise capital

Unprofitable companies scramble to raise capital

The stock market is the driving force for listed companies to strongly issue shares to increase capital. However, it is when unprofitable listed companies scramble to issue volumes of shares that the market becomes susceptible to facing many risks.