by Teuvo Tuomi | Jun 3, 2024 | Digitalization, Economy, News, Vietnam
The Vietnamese government has introduced a degree regulating non-cash payments, effective from the beginning of July 2024. The new decree defines e-money as the value of Vietnamese Dong (VND) stored digitally, based on the amount of money prepaid by customers to...
by Teuvo Tuomi | May 21, 2024 | Business, Economy, News, Vietnam
Vietnam’s retail real estate market is thriving with occupancy rates above 90% in major shopping centers, according to a report from the Vietnam Association of Realtors (VARS). In 2022, it was estimated that total retail sales and consumer service revenue reached...
by Teuvo Tuomi | Apr 20, 2024 | Vietnam, Environment, News, Technology, Travel, Visions
The shift towards electric motorbikes in Vietnam is a response to the government’s CO2 emission strategy and the changing dynamics of the traditional motorcycle market. The government’s focus on reducing carbon emissions and promoting sustainable...
by Teuvo Tuomi | Mar 29, 2024 | Vietnam, Business, Economy, News
Vietnam’s GDP grew by 5.66% in the first quarter, the highest rate for the period since 2020, according to the General Statistics Office. Industry and construction grew at 6.28% and accounted for 35.7% of the GDP. Following close behind was the services sector...
by Teuvo Tuomi | Mar 27, 2024 | News, Business, Economy, Energy, Technology, Thailand, Vietnam
Vietnamese automaker VinFast plans to start selling its electric vehicles (EVs) in Thailand. It has already made deals with dealers to open showrooms in the country. VinFast faces stiff competition in Thailand from Chinese automakers like BYD and also Tesla, who are...
