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Vietnam Mulls Additional US$1 Billion Bond Issuance
By Charles Small HANOI – Vietnam’s Minister of Finance, Dinh Tien Dung, has announced that the country is considering issuing another US$1 billion in 10-year government bonds. The potential issue date has not yet been confirmed. Vietnam’s Ministry of Finance (MoF) previously issued US$1 billion in bonds in November 2014 at a fixed interest rate of 4.8 […]
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Debate Continues Over Reducing Import Tariffs for Vietnam’s Automobile Industry
Uncertainty surrounds the Vietnamese auto industry at the moment, as separate branches of the government support different policy packages. If applied, these measures are poised to jumpstart growth in Vietnam's already impressive sales of new cars.
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Vietnam-Eurasian Customs Union Free Trade Agreement Negotiations Concluded
Vietnam and the Eurasian Customs Union of Belarus, Kazakhstan, and Russia have concluded negotiations for a free trade agreement (FTA) in a ceremony witnessed by Vietnamese Prime Minister Nguyen Tan Dung in Kien Giang province. The FTA covers trade, customs facilitation, intellectual property, investment, legal issues, military industries, rules of origin, animal and plant quarantine, and lifting legal and technical barriers to trade. Trade negotiations began in March 2013 and the FTA is expected to come into law in early 2015 after both sides have finished finalizing certain technical details.
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Vietnam Coffee Production to Decline in 2015
Global coffee demand is expected to increase over the next year, however production in Vietnam, the world’s second largest producer of robusta beans, is forecast to decline due to factors such as inclement weather, aging trees, lack of moisture, and disease. Additionally, many Vietnamese farmers have been holding back their crops from the market as a way to further increase prices.
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A Guide to Trade in Vietnam – New Issue of Vietnam Briefing Magazine
The new issue of Vietnam Briefing magazine, out now and available as a complimentary download in the Asia Briefing Bookstore, provides readers with a clear understanding of the current business trends related to trade in Vietnam
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Vietnam and South Korea Complete Free Trade Agreement
South Korea and Vietnam have concluded negotiations for a bilateral free trade agreement (FTA) at a signing ceremony in Busan. The FTA will remove import tariffs on more than 90 percent of all products.
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Why Vietnam? A Guide for U.S. Investors
As recently reported by Vietnam Briefing, Vietnam is on track to become the largest supplier in ASEAN to the United States. With its growing role in supplying goods to the U.S., it’s time to take a look at why American companies should be interested in investing in Vietnam, if they’re not already there.
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World Bank Reports Vietnam Economy Continuing to Strengthen
Vietnam is showing continuing signs of economic recovery, with the country’s gross domestic product (GDP) projected to improve 0.2 percent year-on-year (YoY) to 5.6 percent for 2014, according to the World Bank Taking Stock report released last week. The World Bank’s positive projection is largely attributed to sustained macroeconomic stability and progressive expansion in the country’s foreign invested manufacturing exports sector.
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Setting Up a Foreign-Owned Travel Business In Vietnam and China
Tourism is no big business throughout Asia. With its rising middle class, Chinese tourists are traveling throughout the region. Countries like Vietnam are seeing significant growth in their tourism industries. As a result, more and more companies are looking to set up operations in the region. In this article we look at the regulations around setting up a tourism company in Vietnam and China, and give you a brief snapshot into each countries tourism industry. There are a number of important differences between the regulations of the two countries and it is important to consult a professional before moving forward with your operations.
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Vietnam Manufacturing Output Rises for 14th Month
Vietnam’s manufacturing production increased for the 14th consecutive month in November, recording the sharpest rise in output since April, according to the HSBC Vietnam Purchasing Managers' Index released on Monday. The month saw output and new orders rise at faster rates, stocks of purchases increase at record pace, and input costs decrease for the first time since December 2012. With the country now reporting a trade surplus of US$2 billion, the Vietnamese manufacturing sector is becoming increasingly competitive.