Report evaluates local economy
Viet Nam stands to benefit the most among all signatories to the Trans-Pacific Partnership (TPP) treaty, but this would require fundamental institutional, policy and structural changes, a new report says.
Mountain tunnel project nears completion
The Ministry of Transport (MOT), along with Phu Yen and Khanh Hoa provincial authorities, started work yesterday on the opening of the VND15.6 trillion (US$726 million) Deo Ca Tunnel on National Route 1A.
Markets losing lead over convenience stores
Wet markets and traditional stores remain the preferred retail channels for Vietnamese shoppers, though they are under threat as consumers shift away, according to a Nielsen report released on Wednesday.
Local rice exports continue to decline
Rice exports have declined sharply in the first five months of the year, indicating that the industry is struggling, according to the Ministry of Agriculture and Rural Development's latest report.
SOE assets at 80% of GDP
The concentration of resources in the hands of State-owned enterprises (SOEs) allegedly created barriers to reforms, said experts from the Central Institute for Economic Management (CIEM).
Transparency begets success: experts
Transparency is an important element in improving the productivity of a business and gaining the trust and loyalty of stakeholders, a forum heard in HCM City yesterday.
Retail, service revenue increases by 9.1 per cent
Retail sales and service revenue in the first five months of the year totalled VND1,305 trillion (US$60.67 billion), according to the General Statistics Office (GSO).
Agribank remains top dog in terms of assets
With total assets of VND763 trillion (US$35.16 billion), the Viet Nam Bank for Agriculture and Rural Development (Agribank) retained the top slot in terms of assets in the first months of this year.
Quang Ninh to host travel forum
A conference on tourism cooperation among north-eastern provinces and cities will be held at Ha Long City from June 12 to 16.
Bank shares back market up
Stock markets yesterday turned back to recovery as bank shares had an impressive performance.
Sabeco hikes profits, dividend targets
Saigon Beer Alcohol Beverage Joint Stock Corporation (Sabeco) approved a hike in its net profit target for 2015 to VND3.291 trillion (US$151.7 million), up 8 per cent over last year.
Inward remittances continue to rise in HCM City
Inward remittances continue to rise in HCM City

Overseas Vietnamese have sent home remittances of US$1.4 billion through HCM City-based banks in the first four months of this year, a year-on-year increase of 19.6 per cent.

Drastic banking restructuring in progress
Drastic banking restructuring in progress

The implementation of the project, ‘Restructuring the system of credit institutions in 2011-15' has entered its final year.

Highlight

VN smartphone hits shops 1    VN smartphone hits shops

Bkav Corporation yesterday launched the first made-in-Vietnam smartphone, Bphone, which was in development for more than four years.

CAAV plan seeks to tighten baggage security 1    CAAV plan seeks to tighten baggage security

The Civil Aviation Administration of Viet Nam (CAAV) has issued a plan for better management and prevention of theft of passengers' baggage and cargo, and to ensure aviation security.

Son makes Dad prize wheelchair 1    Son makes Dad prize wheelchair

Le Van Hoa works through his lunchtime at a workshop at the Hue College of Industry every day, despite the extreme heat. He is finalising an electric wheelchair designed for his father who was paralysed in a motorbike accident 12 years ago.

US show to shoot secret cave special 1    US show to shoot secret cave special

The American television network ABC (American Broadcasting Company) will make a live broadcast of a Good Morning America programme featuring one Viet Nam's natural wonders.

Prime Minister awards merit certificate to swimmer Vien 1    Prime Minister awards merit certificate to swimmer Vien

Nguyen Thi Anh Vien received a Labour Order third class, and a merit certificate from Prime Minister Nguyen Tan Dung on Monday.