More than 56% of the Japanese companies currently operating in Vietnam have said they plan to expand their operations in the next year or two, according to the latest survey by the Japan External Trade Organisation (JETRO).
Ford Vietnam has announced an additional investment of 82 million USD (over 1.9 trillion VND) to expand its automobile factory in the northern province of Hai Duong.
Malaysian low-cost carrier AirAsia has sealed a deal to purchase an extra 34 A330neo passenger jets from Airbus which will expand the airline’s existing order to 100 long-haul wide-body aircraft, worth 30 billion USD.
Vietnam's economy is forecasted to expand by 6.8 percent in 2018, 6.6 percent in 2019 and 6.5 percent in 2020, according to the World Bank (WB)’s Global Economic Prospects.
The State Bank of Vietnam’s transaction centre this week raised the reference buying rate for the US dollar by 50 VND to 22,725 VND, revealing its intention to expand foreign reserves.
Renowned US corporations like Uber, Coca-Cola, Exxon Mobil, Cargil and Pfizer are expanding their business in Vietnam, contributing to Vietnam’s export growth.
Thailand’s tourism continued to expand in the first quarter of 2016, with a revenue of 660 billion THB, a 14.4 percent increase from the same period last year.
