Logistics costs in Vietnam are still high
Currently, transportation costs over Vietnam's total logistics costs are at a very high level, up to more than 60%, about twice as high as other countries. While transportation costs only account for 30-40% of total logistics costs. This is a very large number.
Vietnam should invest in new North-South high-speed railways instead of renovating old tracks
According to experts, experience in developing high-speed railways in other countries shows that we should invest in new, modern lines instead of renovating and using old infrastructure.
After 3 great welcoming "giants" Honda, Samsung, and Aeon, Vietnam is about to witness the fourth foreign investment boom, especially from the US.
After 3 great welcoming "giants" Honda, Samsung, and Aeon, Vietnam is about to witness the fourth foreign investment boom, especially from the US.
Forecasting the highlights of the banking industry in the last months of 2023
According to KBSV, good credit recovery will impulse the net interest income. In addition, NIM and non-performing loan ( NPL ) control of the banking industry are expected to become more positive in the year-end period.
Nikkei: Vietnam could welcome the fourth FDI boom
After President Joe Biden's visit last month, Vietnam may be about to welcome a new wave of investment.
"Hanoi definitely must have a second airport." where should it be built?
Besides many opinions that Hanoi should not build a second airport, some experts believe there should be more airports for the country's Capital of 100 million people in addition to the current Noi Bai.
DHL Express increases shipping rates
The business said rates are adjusted annually, considering many factors, including inflation.
WTO cuts global trade growth forecast by half
The World Trade Organization (WTO) forecasts that global trade growth in 2023 will only reach 0.8%, down by half compared to before.
The U.S. continuously causes difficulties for Vietnam
The fact that the U.S. has yet to recognize Vietnam's market economy and, at the same time, has continuously increased trade defense measures in general and on Vietnamese goods in particular, making importing goods into the U.S. market increasingly difficult.
Positive momentum for Vietnam's semiconductor industry
Vietnam has a favourable location, and the Government is very interested in promoting the development of the semiconductor industry, according to Minister of Planning and Investment Nguyen Chi Dung.
The World Bank praised Vietnam as a "hero", with GDP growth on par with China
Vietnam is one of the 'heroes' in the economic recovery process in East Asia and the Pacific region.
Exploding the e-wallet market, MoMo and ZaloPay lead the list of losses
The Vietnamese market is witnessing fierce competition from more than 40 e-wallets and is considered to be in a boom period. By the end of 2021, MoMo and ZaloPay are leading the list of losses.
Vietnam will welcome huge FDI capital from the US and EU after a decade of Japanese and Korean capital flows
Changes in international relations and geopolitics could lead to a shift in trillions of dollars in cash flows. Vietnam has the opportunity to welcome large capital flows and achieve huge export value, thereby raising the economy to a new level.
Phuc Long - from tea shop to transfer model of hundreds of millions of dollars
Mr Lam Boi Minh cycles more than 15 km daily, delivering coffee throughout Saigon, building a business worth 400 million USD and transferring to expand the chain after 55 years.
Vietnam Businesses will go further when following the circular economy
According to Professor and Doctor of Science Nguyen Mai, businesses can only develop sustainably when switching to a circular economy model.
Vietnamese businesses miss billions of dollars because they have not taken advantage of the zero CPTPP tax incentives
About 4 billion USD, equivalent to 60% of Vietnamese products, should enjoy zero CPTPP tax , but businesses still need to take advantage.
