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Viet Nam becomes biggest coffee supplier for Spain

Viet Nam shipped 113,550 tons of coffee worth €269 million to Spain, becoming the largest coffee supplier for the European country in 2022, according to the Statistical Office of the European Union.

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Vietnam’s central bank to take strong action against “backyard” lending

The State Bank of Vietnam (SBV) plans to strongly reduce the maximum loan-to-equity ratio for a single customer or group of customers related to banks.

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Siemens looks for business in South East Asia to diversify from China.

As part of its efforts to decrease supply chain risks, the German business is considering opening plants in Indonesia, Vietnam, and Thailand.