Vietnam's exports are expected to rebound in Q4, owing to a bottoming out of the US inventory cycle and an acceleration in multinational corporations' production shifts to Vietnam.
Vendors at many traditional markets in HCM City, in a bid to attract customers, have been offering discounts, selling online and accepting cashless payment.
Sembcorp Utilities, a wholly-owned subsidiary of Sembcorp Industries, and Petrovietnam Technical Services Corporation, a member of Petrovietnam, are exploring the development of offshore wind farms in Vietnam for exporting to Singapore.
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The State Bank of Vietnam signed an agreement on Friday to join a project by five other Southeast Asian nations to create cross-border payment systems between them.
Global rice prices are fast rising, making it harder for rice exporters to plan for safety and avoid price traps.
Korean and Chinese magnet firms, including an Apple supplier, are set to open factories in Vietnam, amid a push to diversify supply chains away from China and defend against Sino-U.S. tension.
Kasikornbank, Thailand's second-largest bank, is in talks to acquire consumer lending firm Home Credit Vietnam in a $1 billion deal that would accelerate its expansion in Vietnam, Reuters reported.
Thanks to improved quality, diversified designs and competitive prices, Vietnamese goods have gradually won the trust of domestic consumers.
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