by Teuvo Tuomi | Sep 16, 2024 | Vietnam, Business, Economy, Food & Drinks, Lifestyle, News, Society
Vietnam’s beer production fell by 4% year-on-year in the first eight months of 2024 as breweries struggled with declining profits. Nguyen Van Viet, chairman of the Vietnam Beer – Alcohol – Beverage Association, says the industry is suffering from...
by Teuvo Tuomi | Jul 31, 2024 | Business, Economy, News, Vietnam
Vietnam’s retail sales and services revenue in the first seven months of this year totaled about VNĐ3.6 quadrillion (US$143.2 billion), up 8.7% year-on-year, the General Statistics Office (GSO) reports. In July alone, the value was VNĐ528.3 trillion, a rise of...
by Teuvo Tuomi | Jul 29, 2024 | News, Business, Economy, Exports, Vietnam
Vietnam’s exports in July are estimated to have risen 19.1% in July from a year earlier to $35.92 billion, the General Statistics Office (GSO) says. Also the industrial production index rose in July, expanding 11.2% from a year earlier, . Vietnam has been...
by Teuvo Tuomi | Jul 19, 2024 | ASEAN, Business, Education, News, Philippines, Vietnam
The Philippines will hit its growth target this year amid easing inflation and expectations of interest rate cuts, according to the latest outlook of the Asian Development Bank (ADB). “Asian Development Outlook” expects the country’s gross domestic product (GDP)...
by Teuvo Tuomi | Jul 14, 2024 | Vietnam, Business, Economy, Energy, News, Sustainability
Although electricity prices were increased twice in 2023, Vietnam Electricity (EVN) has reported an after-tax loss of VNĐ26.77 trillion (US$1.053 billion) on high electricity production costs, including higher fuel prices and rising foreign exchange rates. In 2023,...
