Việt Nam News

The Việt Nam Association of Seafood Producers and Exporters said it plans several measures to help its members further penetrate the global supply chain and enable the fisheries sector to reach its export target of US$12 billion in 2025, 40 per cent higher than this year.

Banks are sprinting to transfer the listing of shares from Unlisted Public Company Market (UpCom) to official bourses before the Law on Securities takes effect from the beginning of 2021, which would require two-year listing on UpCom before a public company could go to official bourses.

Việt Nam’s seaports handled an estimated more than 689 million tonnes of cargo this year, up 4 per cent annually, reported the Việt Nam Maritime Administration.

VPBank has achieved the ISO/IEC 27001:2013 standard for its Information Security Management System (ISMS), applying to the provision of services to fully anonymise data and provide analytic services to external customers.

The abundance of capital based on low-interest loans has helped those firms offer lower margin lending rates to investors, thus gradually winning the market shares from local companies.

Prime Minister Nguyễn Xuân Phúc has asked the Vietnam Cooperative Alliance (VCA) to work closely with authorised agencies to fully exploit the potential of cooperatives, promoting the development of collective economy and cooperatives through the effective implementation of public services and programmes.

 Shares extended gains on Tuesday thanks to a huge cash flow injected in securities stock group which stirred up the stock market with non-stop rises.

Minister of Planning and Investment Nguyễn Chí Dũng appreciated the contribution and trust from the business community as one of the motivations for the Government to lead Việt Nam to good growth amid the pandemic.

The first aircraft arrived in Vietnam on December 5 and the remaining two are expected to come to the country on December 24-25 and January 10, 2021

The US Treasury Department’s labelling of Việt Nam as a currency manipulator is biased, as it is only based on US standards and lacks suitable consideration as well as recommendations from international organisations, according to experts.

Japanese enterprises raised concerns over institutions and policies in Việt Nam during a dialogue on Monday, which were then cleared up by representatives from Vietnamese ministries and agencies.

The Ministry of Industry and Trade issued a decision to review the application of anti-dumping measures on some colour-coated steel products originating from China for the first time.

Việt Nam's prospects appear positive as the economy is projected to grow by about 6.8 per cent in 2021 and, thereafter, stabilise at around 6.5 per cent, according to the latest World Bank’s economic update for Việt Nam “Taking Stock”.

The Việt Nam Malaysia Business Association (VMBIZ) and Malaysia’s Blue Ocean Capital Group Berhad (BOCGB) signed a memorandum of understanding (MoU) on Sunday to bolster collaboration and exchange between enterprises of both nations.

Việt Nam’s wood export turnover this year would reach the record high level of nearly US$12.5 billion despite impacts of the COVID-19 pandemic as well as risks from export markets and the country’s policy changes in controlling the legality of imported wood materials.

While 2020 has been a successful year for Vietnamese rice exports, more must be done to accelerate the development of the national rice brand, experts have said.

Foreign direct investment (FDI) has contributed significantly to the development of the Southeast Economic Zone of Nghệ An Province but more actions are needed to improve its efficiency and increase contribution to the State budget.

Việt Nam aims to be an attractive destination for investment in low-emission energy, given the country’s huge power demand for development coupled with the national strategy of sustainable energy development with the priority on renewable energy.