Vietnam Financial News

16.08 / 04:13

UPS country Myanmar eyes surge in rice exports after India curbs supply

Myanmar expects rice exports to surge in coming months as curbs on Indian sales and a spike in Thai and Vietnamese prices force buyers to hunt for other origins. The tightening in global supply should help revive the Southeast Asian nation’s rice shipments, which slumped 56% in the first four months of the fiscal year, and bring it closer to its annual goal of earning $1 billion from exports of the grain, Ye Min Aung, president of the Myanmar Rice Federation, said in an interview last week.

15.08 / 22:45

Booking Man Mercedes-Benz Nestle performer This EV maker you’ve probably never heard of just made $60b in a day

VinFast Auto soared on its first day in the public markets, boosting the fortune of its billionaire founder.

15.08 / 15:27

UPS Waves Target Reuters Action Fighting country ASX-listed Russian coal miner fights sanctions, taps China

A Russian coal miner listed on the ASX will keep digging and shipping coal from Siberia to China despite the Foreign Affairs Department advising they are “likely” to be in breach of Australian sanctions imposed following Vladimir Putin’s invasion of Ukraine.

15.08 / 12:09

UPS Man NASDAQ Tesla performer EV maker VinFast's shares rise in premarket trade before Nasdaq debut

By Phuong Nguyen and Francesco Guarascio

14.08 / 04:13

UPS Vietnam has up to 8 million tons of rice for export this year - minister

Vietnam has 7 million to 8 million metric tons of rice for export this year, state media reported on Friday. Rice output this year is expected to be 27 million to 28 million metric tons, the agriculture minister, Le Minh Hoan, said in a report cited by the Vietnam News Agency.

13.08 / 16:17

Citi MET Aviat Airlines Celebrity services International Direct flight services from Kerala to Vietnam launched from Cochin International airport

Direct flight services from Kerala to Ho Chi Minh City in Vietnam were launched from the Cochin International Airport on Saturday. The Cochin International Airport Limited (CIAL), in a statement issued on Sunday, said the new flight service by Vietnamese airline Vietjet was a significant milestone for it. The new flight service has resulted in adding 45 flights connecting Kochi to Southeast Asian destinations, CIAL said.

13.08 / 15:55

NASDAQ Ford Platform Apple Mullen show week VinFast gets into Nasdaq, while Mullen hangs on by a thread: This week in EVs

Investing.com — Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: VinFast joins EVs trading in U.S.; Mullen’s reverse stock split; and UAW talks get heated.

12.08 / 05:51

Provident Progressive country India stands at cusp of a maritime revolution: Sarbananda Sonowal

Ports, Shipping and Waterways Sarbananda Sonowal has stressed unlocking the vast potential of India's maritime sector, saying the country's strategic location and commitment to sustainable practices present unparalleled opportunities. Hosting foreign heads of missions and officials here on Friday evening, Sonowal underlined that India stands at the cusp of a maritime revolution. The event was organised ahead of the Global Maritime India Summit 2023, scheduled to be held in Delhi on October 17-19.

10.08 / 19:13

COST Manufacturing show country social Data recap: High dividends, laptop curbs, CSR spends

₹4 trillion in the last fiscal year, registering a 28% rise. From 1 November, India will restrict the import of laptops and computers in a bid to boost domestic manufacturing. Meanwhile, Indian companies' spending on corporate social responsibility (CSR) remained flat in 2021-22.

10.08 / 14:51

Entertainment Vietnam EV maker VinFast gets SPAC shareholders' nod to list in US

HANOI (Reuters) — Shareholders of Black Spade Acquisition, a Hong Kong-based blank-cheque company, on Thursday approved a merger with Vietnam's electric automaker VinFast, allowing the carmaker to list in the United States this year.

09.08 / 09:33

Enterprise Latin settlement These Latin American, African nations are next in line for India’s bilateral currency settlement drive

Also read: Will the rupee emerge as a global currency? During the Joint Trade Sub-Commission (JTSC) meeting held in New Delhi on August 8, India engaged in discussions regarding the possibility of establishing a bilateral currency trade settlement with Vietnam. Vietnam stands as India's fifth-largest trading partner within the Association of Southeast Asian Nations (ASEAN) region, contributing to 11.2 percent of India's overall trade with ASEAN in the fiscal year 2022-23.

09.08 / 05:49

FIVE Digital Booking Platform Mobile Software track Debt collections platform Credgenics secures $50 million in funding from Westbridge, Accel, others

Debt collections platform Credgenics has raised $50 million in a series B round of funding. Venture investors Westbridge Capital, Accel, Tanglin Ventures, and Beams Fintech Fund led the round, the company said in a release on Wednesday. Most of these investors had participated in its previous funding round in 2021.

09.08 / 05:25

Manufacturing Strategy Mobile Apple country electronic 4 Stocks to Watch Out for as India Restricts Computer & Laptop Imports

laptops, tablets, and personal computers. According to the notice, from 1 November 2023, the import of these restricted items would now require a valid license. The new law implies that laptop and computer giants like Apple, Dell, Lenovo etc., cannot simply manufacture their products elsewhere and sell them in India.

09.08 / 05:01

COST UPS Provident FIVE Manufacturing country How America is failing to break up with China

Foxconn, the world’s largest contract manufacturer. This year the Taiwanese giant has built or expanded factories in India, Mexico, Thailand and Vietnam. The Chinese production sites once beloved by Western companies are firmly out of fashion.

08.08 / 18:21

UPS BLOCK country India seeks bigger role in Indo-Pacific as China continues on aggressive path

maritime space and eyeing the same India is focusing on a larger role in Indo-Pacific. The recent developments in the region are hinting that India is seeking a big-brother role in the Indo-Pacific region, especially for countries affected by China's expansionist policies.

08.08 / 13:45

Blockchain Stablecoin CBDC Adoption Payments Japanese startup to use stablecoins and CBDC to link Asian countries

Japanese blockchain startup Soramitsu is exploring new central bank digital currency (CBDC) applications with a new project on the cross-border payment system for Asian countries.

08.08 / 12:53

Cooper Progressive Gap country Cooperation boost India and Vietnam pledge to boost bilateral trade, economic cooperation

New Delhi: With an aim to deepen bilateral trade and economic ties, India and Vietnam on Tuesday convened the 5th meeting of the India-Vietnam Joint Trade Sub-Commission (JTSC) , the ministry of commerce & industry said. This meeting was held after a gap of more than four years on account of the covid-19 pandemic and other factors.

08.08 / 12:47

UPS Mobile Apple DELL electronic Why India wants to push homemade laptops

international trade of computers. China and Vietnam both have much greater comparative advantage—and, India’s advantage is greater in mobile handsets than computers.

07.08 / 18:47

Provident Reuters UBS Credit Suisse to cut 80% of Hong Kong investment bank jobs: Report

Credit Suisse in Hong Kong is likely to be laid off this week, as part of the bank's integration with UBS Group, Reuters reported on Monday. Only 20 bankers out of the 100-strong investment banking team will be spared from the cuts, the Reuters report said, citing sources familiar with the matter. Hong Kong houses the largest share of Credit Suisse's investment bankers in Asia.

07.08 / 11:15

UPS Citi Manufacturing TikTok Nike country electronic Threat The Era of Ultracheap Stuff Is Under Threat

TikTok and other social media, are deciding their work lives shouldn’t unfold inside factory walls. Demographic shifts are playing a role. Young people in Asia are having fewer children than their parents did, and at later ages, which means they are under less pressure to earn a steady income in their 20s.

06.08 / 16:01

Aware Action Injustice Anthem performer country social National Why did USA Women's Soccer team opt out of singing National Anthem during World Cup?

national anthem, «The Star-Spangled Banner,» prior to their games in the Women's World Cup. The decision has sparked controversy and criticism in the home country of the reigning champions. The majority of USWNT players refrained from singing the national anthem during their Group E matches against Vietnam, the Netherlands, and Portugal. Their actions are a form of protest against racial injustice and police violence in North America. It is not the first time the team has taken such action, as some players kneeled during the anthem back in 2016, aiming to raise awareness about pressing social issues.

what's happening in Vietnam

What is the current situation in Vietnam?

In Vietnam, the spotlight is on local government initiatives that affect the region’s daily life.

Where can I find reliable news about Vietnam?

We publish in-depth coverage about the situation in Vietnam, based on information from regional journalists.

What shapes the media agenda in Vietnam?

The news landscape of Vietnam is shaped by major cultural and social events, reflecting its specific characteristics.