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Trade surplus rises to record high

By Dat Nguyen   October 30, 2020    01:59 pm GMT+7 Vietnam’s trade surplus hit a record $18.72 billion in the first 10 months of this year as imports slowed down amid the Covid-19 pandemic. Exports grew at 4.7 percent year-on-year to $229.27 billion, with shipments of five items, namely smartphones,

Why Vietnam Has Become a Promising Alternative for US Businesses in Asia

September 14, 2020 by Pritesh Samuel Vietnam and the United States celebrated 25 years of diplomatic relations in July this year – a testament to improving bilateral and economic ties since the Vietnam War. Vietnam has emerged as an ideal alternative manufacturing destination to China for US businesses, in part

Seizing Investment Opportunities in Vietnam’s Garment and Textile Industry

September 14, 2020  Posted by  Vietnam Briefing   Written by Trinh Nguyen Vietnam is among the top textile producing countries and apparel exporters in the world, emerging as an ideal alternative to China. Major factors driving industry growth are growing textile exports derived from multilateral free trade agreements and low

Vietnam-A bright star in Asia

The Vietnamese observe the 2nd of September every year as the National Day that Great President Ho Chi Minh read the Declaration of Independence of Vietnam at Ba Dinh Square in Hanoi, in a ceremony that formally gave the birth to the Democratic Republic of Vietnam and now is the Socialist