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Industry 4.0 brings e-payment options to VN

canvanlucThe trend of non-cash payments and digitalisation in personal banking and the explosion of fintech firms in Việt Nam have placed banks ahead of many opportunities and challenges in fourth industrial revolution

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Global trade meeting ends with a wimper

WTO1912The World Trade Organisation concluded a ministerial meeting on Wednesday with nothing significant to boast -- a meager outcome for its first gathering in the Donald Trump era.

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Analysis: Currency strength boosts Asia’s crude oil purchasing power

oilStellar gains posted by several Asian currencies have come to the rescue of various crude oil buyers in the Far East, with South Korean and Thai end-users especially enjoying the benefits of their domestic currency strength as the won and baht appreciation helps to offset the global oil price rise.

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EU-Vietnam free trade agreement coming; bike products export to grow

evfta0612Belgium – Next summer the European Union’s Free Trade Agreement with Vietnam (EVFTA) is expected to be signed. This was confirmed at the EVFTA workshop held earlier this month in Paris. It’s expected to spur Vietnam’s export of bicycle products by companies like KMC, Bohle/Schwalbe, Astro and DDK.

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Trade lifting developing Asia’s growth as ADB upgrades GDP forecast

ADB 0411The Asian Development Bank (ADB) forecasts that economic expansion in developing Asia will accelerate to 6% in 2017 as stronger than expected exports and domestic consumption fuel growth.

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Vietnam listed among top six most-attractive retail markets

vinmartVietnam has been ranked sixth among the world's most attractive retail markets and named in the top 30 most lucrative retail markets this year, said Hoang Anh Tuan, deputy head of the Ministry of Industry and Trade (MoIT)'s Domestic Market Department.

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European distributors quitting Vietnam

businessforum1912European companies bring with them a way to do business that wed respect for the environment, employees, and for the society where they operate, with high value-added goods.

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Businesses ask PM for transparency, fewer rules

nguyenxuanphuc1812Prime Minister Nguyễn Xuân Phúc pledged the Government would continue to improve the business climate for the private sector to thrive, stressing their critical role in  national growth.

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E-commerce websites have to be registered

e commerceA website considered an e-commerce website and must be registered or notified to the Ministry of Industry and Trade (MoIT).

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More consistent foreign arbitration rules needed for investment

rulesViệt Nam has made significant progress in aligning its policies on foreign arbitral awards with international standards, but it needs to foster enforcement capacity to enhance trust and confidence of foreign businesses.

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