Steady FDI commitment and disbursement reflects the continued interest of foreign investors’ in business opportunities in the Vietnamese market despite global uncertainties, according to the World Bank in its Vietnam Macro Monitoring edition for August.
Asian stocks sank Tuesday following sedate performance on Wall Street as investors keep their powder dry ahead of the Federal Reserve's policy decision later in the week.
Hong Kong police on Monday arrested six people on suspicion of "conspiracy to defraud" after receiving more than 1,400 reports from potential victims who claimed to have lost around $128 million on troubled cryptocurrency exchange JPEX.
The national flag carrier Vietnam Airlines has announced that all of its flights between Hanoi/Ho Chi Minh City and Singapore will be relocated from Terminal 4 to Terminal 3 at Singapore’s Changi International Airport from September 26.
The market is forecast to witness slower gaining momentum in the near future and explore supply and demand in the area of 1,220 - 1,237 points, before forming a more specific trend.
Asian markets started the week limply Monday following a sell-off on Wall Street, with focus turning to the Federal Reserve's keenly awaited key policy decision.
With steady export growth, Vietnamese farm produce is increasingly meeting market demand in terms of packaging, quality and food safety, which enhances its competitiveness and allows Vietnamese products to gain further access into the global supply chain.
Vietnam’s cashew exports in August alone reached a new record high of 60,580 tonnes worth US$333.83 million, according to figures released the Ministry of Industry and Trade.
The decreasing savings interest rate has been considered the main factor that makes investors to pour more money into the stock market, experts forecast.
Asian markets rallied Friday as forecast-busting Chinese data boosted hopes the world's number-two economy may be stabilising after an extended slowdown.
A mixed US inflation report boosted Asian markets Thursday as it soothed fears of a possible Federal Reserve interest rate hike next week, though the still hot reading left open the possibility of one more before year's end.
Equities mostly fell Wednesday ahead of a crunch US inflation report, with investors increasingly nervous that a recent spike in oil will put fresh upward pressure on consumer prices and force the Federal Reserve to lift interest rates again.
The electronics sector accounts for 17.8% of Vietnam’s industry, placing the nation among the world’s top 15 largest exporters of this kind of product.