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VIETNAM NEWS HIGHLIGHTS - MAY 2021.

Despite COVID-19, Vietnam's economy has remained resilient. Let's take a look at its good signals in May 2021.

1. Vietnam business operations and the coronavirus: Updates

This article will be updated as further developments in Vietnam become available.

2. Thaco car maker acquires South Korean retail chain Emart

Emart expects the strategic alliance with Thaco will boost the growth and profitability of the South Korean retailer in Vietnam.

3. US and EU buyers to choose Vietnam as sourcing destination in 2021

Hanoi Times

Global supply chains will turn to Vietnam, India and Turkey for more diverse sourcing.

4. Vietnam’s GDP growth expected to rebound to 6.6% in 2021: World Bank

VCCI News

Vietnam’s exports are expected to perform strongly in 2021, though they face the risks of slackening international demand, said World Bank Vietnam in its recent report on Vietnam’s economy.

5. Vietnam named among top 10 best countries for expats: CNBC

Vietnam Insider

The US news agency CNBC listed Vietnam among the top ten countries, where expats are happiest with work, life, and cost of living amid the Covid-19 pandemic.

6. Vingroup’s withdrawal from smartphone sector hints at Vietnamese handset brands’ unforeseeable misadventure

Tuoi Tre News

With giant Vietnamese conglomerate Vingroup recently announcing that it will stop manufacturing smartphones, there are few domestic brands left to compete with foreign firms in the domestic market.

7. Masan owns 20% of Phuc Long tea & coffee store chain

The Saigon Times

HCMC – The Sherpa Company, a subsidiary of Masan Group Corporation (MSN), today, May 24, announced that it had acquired a 20% stake in Phuc Long Heritage Company, the owner of the Phuc Long tea and coffee store chain, for US$15 million.

8. Australia eyes comprehensive strategic partnership with Vietnam

Vietnam Investment Review

Australian Prime Minister Scott Morrison expressed his wish to elevate the Vietnam-Australia strategic partnership to a comprehensive strategic partnership during an online talk with his Vietnamese counterpart Pham Minh Chinh on May 25.

9. $2 billion investment pouring into Binh Phuoc province

Vietnam Investment Review

46 projects worth $2 billion have been presented with decisions on in-principle investment approval today, with Binh Phuoc calling for another $2 billion to implement 80 projects in 2021-2025.

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VIETNAM NEWS HIGHLIGHTS - JUNE 2021.

Vietnam progressively put in place a range of social distancing and movement restrictions during the fourth wave of Covid-19, which will have long-term and inequitable impacts on its economy. However, in comparison with countries in the region, Vietnam has been the least hit and is expected to be the fastest economy to recover.

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While most of us are sleeping, Keith Jones spends his nights driving a truck. The Charlotte, North Carolina, resident says he doesn't mind the overnights -- the dark and the quiet time help him think. But during the day when he's at his home office filing paperwork, he says has to work in front of the window. The daylight, he says, is essential.

VIETNAM NEWS HIGHLIGHTS - NOVEMBER 2021

The Vietnamese economy is actively recovering with a rebound in industrial production and retail sales, continued trade surplus and stabilized credit growth, a World Bank (WB) update says.

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VIETNAM NEWS HIGHLIGHTS - MAY 2021.

Despite COVID-19, Vietnam's economy has remained resilient. Let's take a look at its good signals in May 2021.

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