by Teuvo Tuomi | Mar 14, 2023 | Vietnam
Vietnam’s economic growth is projected to ease to 6.3% in 2023 from 8% last year. Services growth moderates and high prices and interest rates are weighing on households and investors this year, the World Bank warns. Source: click HERE.
by Teuvo Tuomi | Mar 8, 2023 | Environment, Health, Lifestyle, News, Vietnam
Vietnam is planning to increase the environmental protection tax on non-biodegradable packaging materials. The proposal is included in the draft report by the Ministry of Justice about the law-making program of the 15th National Assembly. Plastic bags are already...
by Teuvo Tuomi | Feb 28, 2023 | Economy, ASEAN, Business, Lifestyle, Southeast Asia, Vietnam
Vietnam’s rice exports are expected to benefit from high global demand, reaching 7 million tons this year, according to the Cong Thuong (Industry & Trade) newspaper. Improved quality is boosting importing countries’ demand for Vietnamese rice. Demand in...
by Teuvo Tuomi | Feb 25, 2023 | ASEAN, Business, Economy, Environment, Southeast Asia, Technology, Vietnam
European manufacturers are considering investing hundreds of millions of dollars in Vietnam to build wind turbine plants as the country gears up to exploit its untapped potential in offshore wind, Reuters reports. According to the World Bank Group,...
by Teuvo Tuomi | Feb 9, 2023 | ASEAN, Business, Economy, Vietnam
Vietnam has been rising as a manufacturing powerhouse. It also had an 8.02% GDP growth in 2022. Still, layoffs among garment, footwear, and woodworkers have been all too common in recent months. Even as the country enjoys a wave of foreign direct investment (FDI) from...
by Teuvo Tuomi | Jan 26, 2023 | ASEAN, Business, Economy, Southeast Asia, Vietnam
Vietnam’s Hải Phòng aims to become a regional and international logistics center due to its many advantages as a transportation hub for sea, road, air, railway, and inland waterways traffic. This objective is highlighted in the northern city’s service...
