As the US-China relationship has become worse and the trade war escalated, there have been many discussions in the US and other countries on how to ease reliance on Chinese economy and the companies from China. Nikkei reported that the Japanese government would prop up 70 billion yen to Japanese enterprises in this campaign. Prior to that, it also provided grants of 243.5 billion last April to help Japanese enterprises ease the reliance on China. … [Read more...] about Strategies for new FDI trends in Vietnam
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* Vo Tri Thanh is a senior economist at the Central Institute for Economic Management (CIEM) and a member of the National Financial and Monetary Policy Advisory Council. The holder of a doctorate in economics from the Australian National University, Thanh mainly undertakes research and provides consultation on issues related to macroeconomic policies, trade liberalisation and international economic integration. Other areas of interest include institutional reforms and financial systems. VNS … [Read more...] about Can Vietnam could take advantage of new foreign investment strategies?
Currently, Hanoi city has three PCR test machines, which can test 500-700 samples a day, and up to 2,000 samples if more machines are provided. Hanoi’s medical staff, who have been well trained, can take nearly 12,000 pharyngeal samples per day, said Truong Quang Viet, deputy director of the Hanoi Center for Disease Control (CDC). … [Read more...] about Latest Coronavirus News in Vietnam & Southeast Asia August 9
The similarity between the first Covid-19 wave and this time is that the domestic cash flow remains abundant. Indeed, when businesses and people were still reluctant to invest and expand businesses, the pandemic has returned. This makes the ability to absorb credit which is already weak (only rising by 3.26% after six months) will even be more limited, asserted VDSC. … [Read more...] about Vietnam stock market predicted to be resilient amid Covid-19 resurgence
The recall covers 2,568 Toyota Vios cars assembled in Vietnam between September 2007 and December 2008, and 145 imported Toyota Corolla cars produced between January 2004 and April 2005, according to a statement submitted by the automaker to the Vietnam Register. … [Read more...] about Toyota Vietnam recalls 2,700 cars over faulty airbags