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.
Asian markets struggled Tuesday to extend a Wall Street and European rally as traders nervously await US inflation data, while lingering concerns about China's economy remain a millstone.
Vietnam exported a record volume of nearly 6 million tonnes of rice in the first eight months of this year, up 20% year on year, according to the General Department of Vietnam Customs.
Vietjet and the US-based leading aviation finance and asset management company - Carlyle Group - on September 11 signed a Memorandum of Understanding for aircraft funding worth 550 million USD.
Vietnamese PM Pham Minh Chinh and US President Jose Biden have agreed to turn technology, innovation, and investment into a truly new important pillar of the countries’ freshly established comprehensive strategic partnership.
Governments and central banks in emerging East Asia need to stay vigilant to guard against potential financial risk associated with higher interest rates, according to a report by the Asian Development Bank.
ADB, GreenYellow have signed a loan agreement of up to $13.8 million for rooftop photovoltaic solar systems to help increase the supply of clean and affordable energy for commercial and industrial consumers in Vietnam.
Currently, the UK imports a lot of fresh and frozen tuna products from Vietnam, accounting for 99% of its export turnover, according to the Vietnam Association of Seafood Exporters and Producers.
How to transform economic models towards green growth to achieve net zero emissions will top the agenda of the fourth HCM City Economic Forum to take place next week.
Vietnam remains an attractive destination for foreign businesses and customers throughout the HSBC network have continued to show very strong interest in the Vietnam story, the Hongkong and Shanghai Banking Corporation Limited said in its recent survey.
The Australian Trade and Investment Commission, in partnership with the Vietnam Foreign Investment Agency, Ministry of Planning and Investment, delivered the second forum in HCM City on 8 September.
Vietnam’s aquatic export recovery has yet to meet expectations although the negative growth rate has been eased, prompting businesses to further explore small markets in order to raise their sales.
Stocks sank again Friday after another report pointing to a resilient US jobs market added to the misery for investors who fear the Federal Reserve is not finished with its campaign of monetary tightening.
Global investors' attention is shifting to Vietnamese stocks, which have a higher long-term rate of return (ROR) than stocks in other emerging markets in the region and the world.
Asian investors took fright Thursday at a forecast-busting reading on the US services sector that revived speculation the Federal Reserve could lift interest rates again, compounding a spike in oil prices that has fanned fresh inflation fears.