News

Vietnam was one of the fastest-growing sources of American imports from Asia last quarter, and could potentially overtake the U.K. as a bigger supplier to the U.S. if it keeps up that pace.

Vietnam’s economy could be bigger than Singapore’s by 2029, says DBS Bank Ltd.

U.S. imports from Vietnam grew sharply in the first quarter of 2019 as businesses shifted their supply chains amid continued trade tensions between Beijing and Washington.

Vietnam was one of the fastest-growing sources of US imports from Asia last quarter, and could potentially overtake the UK as a bigger supplier to the US if it keeps up that pace.

Beer giant San Miguel Brewery plans to expand its footprint in Vietnam by building a brand-new beer brewery with an annual production capacity of at least two million hectoliters in Ho Chi Minh, this country’s most populous city.

With recent minimum wage increases, Vietnam’s low labor cost allure for foreign investors is on the decline, says a Fitch Group report.

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 23,064 VND per USD on May 29, up 5 VND from the previous day (May 28). 

Can Tho (VNA) – A delegation led by Minister and Secretary General of the presidency of Ivory Coast Patrick Achimet with Can Tho authorities in the Mekong Delta city on May 28 to discuss agriculture cooperation. 

Hanoi (VNA) – Hanoi’s consumer price index (CPI) in May increased by 0.65 percent from the previous month, reported the city Statistics Office.