Vietnam china 99 year lease

The E.U. accounts for 24 percent of Vietnam’s smartphones exports, and the U.S. for 17 percent of computer and electronics exports, and together for half of Samsung’s exports. … [Read more...] about Samsung Vietnam fears 11 percent drop in export

The nation has banned all four-wheeled commercial passenger vehicles while keeping only a handful of domestic flights and railway trips a day for 15 days, between April 1 and 15, as part of the nationwide implementation of social distancing to curb the transmission of COVID-19. … [Read more...] about Vietnam Airlines faces $2.1bn revenue cut, 10,000 job cuts due to pandemic: leader

Vietcombank’s completion of the sale of shares to foreign investors in early 2019 and BIDV’s action in late 2019 are expected to help attract foreign banks to Vietnam. Vietnam’s commercial banks have been told to list shares on the bourse by 2020 at the latest, under a banking development strategy by 2025. The banks are actively looking for foreign strategic partners to sell shares to before the official listing. … [Read more...] about Foreign banks returning to Vietnam

Vietnam remains one of the fastest growers in Asia Economic growth decelerated to 3.8 per cent in the first quarter of 2020, from 6.8 per cent in the corresponding period in 2019. Travel and other restrictions imposed by the government to slow the spread of the virus led to lower domestic consumption. Manufacturing managed to weather the headwinds early on, but the inventory of inputs, including parts of global value chains, are being depleted. … [Read more...] about Vietnam remains one of fastest growing economies in Asia despite COVID-19 slowdown

The people of Vietnam, after an initial instinctive anxiety, have shown the same resilience they have shown for thousands of years. They have responded bravely to the call of their leaders to look after each other’s health and protect each other’s lives and not allow anyone to be left behind. Sneering cynicism has fallen mute before Vietnamese people’s humaneness and kindness. … [Read more...] about Vietnam confident of success