Digital technology and online connectivity will be a driving force for the growth and transformation of the Vietnamese economy in the coming decades, a workshop heard in HCM City.

Stepping into the field of technology, Vingroup has not set out goals for their own development. Nguyễn Việt Quang, vice chairman and CEO of the group, emphasised that Vingroup’s biggest aspiration is to create a favourable ecosystem to nurture tech start-ups, thereby creating breakthroughs for Việt Nam and the business community.

Bà Rịa-Vũng Tàu People’s Committee on August 28 granted a certificate of investment registration for the construction of a polypropylene (PP) plant and a liquefied petroleum gas (LPG) warehouse for South Korea’s Hyosung Corporation.

The export value of forestry products is projected to hit US$5.858 billion between January and August this year, increasing 13 per cent on year and accounting for 23 per cent of Việt Nam’s total agro-forestry-fishery exports.

Base.vn yesterday launched the Việt Nam’s first ATS (Applicant Tracking System) in HCM City.

 Vingroup co-operated with the National Payment Corporation of Việt Nam (NAPAS) to launch a promotion programme offering major reimbursements for customers who pay via NAPAS domestic cards issued by Vietnamese banks including debit, credit, prepay cards or VinID customer card. Customers can recoup up to 30 per cent of the value of their bill when shopping at Vinmart supermarket nationwide.

Despite a volatile market that caused stocks to drop in recent months, the prospects for shares in the three largest Vietnamese petrol retailers remains positive for 2018, according to Viet Capital Securities Corp (VCSC).

The HCM City People’s Committee has released a plan to boost its Provincial Competitiveness Index (PCI) as well as improve the city’s business and investment climate in 2018 and the following years.

 Nearly 10,000 members of the Vietnam Young Entrepreneurs Association (VYEA) created three million jobs in 2015 – 18, the group reported at their sixth national congress in Hà Nội on August 27.