Business strategic unit

Statistics showed that last year, five groups of products enjoying the largest export turnover to the US included garment-textile, accounting for 24 percent of total shipments, with footwear (11 percent), mobile phones and components (15 percent), computers and electronic products (10 percent) and wooden products (9 percent). … [Read more...] about Vietnam-US friendship thrives after a quarter of a century

Apart from Nghi Son Port that can handle ships of 50,000 DWT, many seaports are under construction, such as Long Son, which is designed to accomodate ships of 100,000 DWT, serving as the door for the north-central region and the entire northern region to head towards the sea.  … [Read more...] about Thanh Hoa: a promising investment destination

The country’s labour productivity in the 2016-20 period increased by 5.8 per cent, exceeding the set target, while the consumer price index decreased from 18.6 per cent in 2011 to below 4 per cent in the 2016-20 period. Its import and export increased 1.7 times, with a trade surplus posted for five consecutive years. E-commerce became an important distribution channel of the economy with an increase of 25 per cent. The country also saw its tourism sector grow nearly 30 per cent per year on average, reaching 18 million international visitors in 2019, an increase of more than 10 million compared to 2015. … [Read more...] about Vietnam posts remarkable economic achievements in 2016-2020 period

Previously, as German Ambassador to Vietnam, Christian was involved in a number of activities to promote diplomatic and trade relations between Vietnam and Germany. Now retired, but with a special attachment to Vietnam, he still contributes to the country’s integration into the world through advising foreign investors and supporting domestic enterprises in their efforts to penetrate into European markets. … [Read more...] about Vietnam – Land of bliss

The country stands to benefit from the trade and technology tensions between the United States and China, which are expected to continue under the new U.S. administration. Significant supply-chain relocation is already underway as a result of the U.S.-China trade war. … [Read more...] about Standard Chartered forecasts Vietnam’s 2021 GDP growth at 7.8%