Some key interest rates fall further early next week
HCMC – The State Bank of Vietnam, the central bank, announced five separate decisions today, March 31, to further lower some key interest rates, with effect from April 3. This is the second round of rate cuts in March. The SBV said the forthcoming rate reductions were part of the efforts of the
Britain to join Indo-Pacific trade bloc in biggest trade deal since Brexit
Britain struck a historic trade deal to join a vast Indo-Pacific trade bloc after nearly two years of intense negotiations.
Binh Duong holds seafood-focused culinary training session
HCMC – Binh Duong’s Association of Professional Chefs organized a culinary training session focusing on seafood at the Dong An High-Tech College on March 29. Chef Pham Vu Nguyen, a member of the association, taught the attendees how to make two dishes: stir-fried shrimp with fruit sauce and
Virtual Conference: Supporting Vietnamese startups to enter the international market effectively
Time: 9:30 AM to 11:30 AM. Tuesday, April 4, 2023 Location : Online on Zoom platform
HCMC’s CPI rises 4.5% in Jan-Mar
HCMC – The Consumer Price Index (CPI) in HCMC this month inched up 4.5% on average in the year’s first quarter, according to the city’s Statistics Office. Among the 11 groups of consumer goods and services in the basket of items used to calculate the CPI, two groups registered a decline in prices,
HCMC’s GRDP edges up 0.7% in Q1
HCMC – HCMC’s gross regional domestic product (GRDP) expanded a mere 0.7% in the first quarter of this year, the lowest among five centrally-governed cities, showed official data. In January-March, the industry-construction sector contracted by 3.6%, accounting for a fifth of the city’s GRDP,
Vietjet Air set to launch Quang Ninh-Can Tho service late next month
HCMC – Vietjet Air will launch an air link between Quang Ninh Province and Can Tho City from April 25, reported the local media. The Van Don International Airport in Quang Ninh Province said yesterday, March 30, that Vietjet Air would put the Quang Ninh-Can Tho flight into service from April 25.
Military land to be handed over to Tan Son Nhat airport by end-June
HCMC – Military Region 7 has accepted plans and mutual commitments on administrative procedures, financial support and the handover of all sites to the local authority before June 30 this year. According to the Vietnam News Agency, the Command Headquarters of Military Region 7 and Tan Binh
EU and Timor-Leste sign deal on WTO accession
Timor-Leste took a major step closer to WTO accession today. The EU and Timor-Leste signed a deal concluding their bilateral market access negotiations on services and goods as part of Timor-Leste’s accession process to the World Trade Organization.
Sanctions Curb Vietnamese Exports To Russia, Causing 60% Drop YOY - Reports
Western sanctions have hit Vietnam's exports to Russia, causing a drop of nearly 60% year-on-year, Vietnamese media reported, referring to the data provided by the Vietnam Trade Office in Russia.
The significance of Vietnam for US businesses and why they should take notice
Vietnam has gone from being a frontier economy in ASEAN to a flourishing, cost-effective, and industrial nation. Firms and investors that are looking for new markets to grow, source, or manufacture their products – especially in Asia – should consider Vietnam’s long-term potential and stay updated
World Trade Disputes Shapes the Global Economy’s Future
International trade policies and agreements are fundamental to the global economy and play a vital role in shaping international affairs.