Vietnam breaking news

If Tiki and Sendo successfully carry out the merger, the Vietnamese e-commerce market will be the playing field for three major players. Two of them, Lazada and Shopee, are foreign invested. SBI E-Vietnam is the biggest shareholder with 21.85 percent of shares, while Econtext Asia 11.47 percent and Beenos Asia 5.93 percent. … [Read more...] about Vietnam’s e-commerce firms spend big money to fight foreign giants

Nguyen Chi Thanh, Deputy Director of the Kien Giang Department of Tourism, said the number of tourist arrivals to Kien Giang will continue to decrease due to the COVID-19 outbreak. The province’s tourism sector is estimated to suffer a loss of 2.4 trillion VND (100 million USD) in revenue in the first quarter of this year. … [Read more...] about BUSINESS NEWS HEADLINES FEB. 27

Heavy rain, flash floods forecast to continue in Vietnam's northern and central regions over weekend Heavy rainfall is expected to continue in the northern region and the central province of Thanh Hoa over the weekend, the National Hydro-Meteorological Forecast Centre has warned.   … [Read more...] about Floods, landslides kill two in Vietnam’s northern region

Sophia Huynh Tran Ngoc Nhi and Ho Thi Truc Tam (right pair) pose with Nepal players ahead of their match. — Photo courtesy of VTF In the Junior Davis Cup, Vietnam won 3-0 over Guam. Truong Vinh Hien and Nguyen Quang Vinh met no difficulty beating Dakota Sam Alexander Gibson and Aarman Singh Sachdev, respectively, with the same score of 6-0, 6-0 in the singles. … [Read more...] about Vietnam win both Junior Davis Cup/Junior Fed Cup matches on second day

This has been illustrated by the country becoming Vietnam’s second-largest foreign investor last year, involved in nearly 4,400 projects worth almost $60 billion. Sumitomo, Honda, Toyota, Canon, and Panasonic all have a substantial foothold in the country. Vietnam also has the distinction of being named the most promising destination for investment in Asia this year, according to a survey carried out by media group NNA Japan Co., Ltd and revealed last month. In the survey, over 42 per cent of the 820 respondents selected Vietnam as a top investment location, citing factors such as growth potential and supply of skilled and low-cost labour. India was second at just over 12 per cent, with Myanmar third on 11.6 per cent and Indonesia fourth at 6.6 per cent. … [Read more...] about Bright spots for FDI inflows in Vietnam in 2020