Việt Nam News

Techcombank has targeted a pre-tax profit of more than VNĐ11.7 trillion (US$504.3 million) in 2019, representing a 10 per cent year-on-year increase.

Việt Nam’s aviation industry has seen its strongest growth in the past decades with double-digit growth set in five consecutive years, but it is still faced with sustainable development issues.

The Mekong Delta province of Đồng Tháp is encouraging farmers to grow more fruits to good agricultural practice (GAP) standards to improve incomes and sustainability.

Việt Nam’s poultry industry needs to promote further development because of the forecast of growth in poultry and eggs consumption in the domestic and global markets.

Việt Nam’s recent growth has been driven by increased participation in trade. In 2017, Việt Nam’s trade as a percentage of GDP was close to 200 per cent, which made it the sixth highest in the world. Improving the efficiency and reliability of transport and logistics, which plays a critical role in supporting Vietnam’s export-oriented economy, will be vital to future economic competitiveness.

The textile and garment industry, aiming to take advantage of free trade agreements (FTAs) with a focus on green manufacturing, is upbeat about earning US$60 billion from exports by 2025.

HCM City will continue to try and auction 5,034 resettlement apartments and 43 land lots designed for building relocation housing following earlier unsuccessful attempts, according to the Department of Construction.

The handling of bad debt among credit institutions would be audited this year in order to formulate recommendations for effectively implementing a National Assembly resolution, according to the State Audit Office of Việt Nam (SAV).

Retail podiums in fast-growing residential areas have performed well with high occupancy rate

The HCM City Real Estate Association (HoREA) on April 10 urged the city to speed up the inspections of suspended property projects to protect real estate enterprises’ legitimate rights and prevent losses.

The Ministry of Industry and Trade (MoIT)’s Department of Asian-African Markets will hold a trade promotion trip to South Africa to display goods at wholesale and retail supermarkets from May 8-16.

The State Bank of Việt Nam (SBV) has assigned a credit growth limit to each commercial bank in 2019, with priority given to those who met Basel II’s capital safety and risk management standards ahead of schedule.

Local businesses should diversify their export promotion activities to increase turnover and expand markets, heard attendants at the Việt Nam Export Promotion Forum 2019 held in Hà Nội yesterday.

Vietnamese enterprises need to take advantage of tariff reductions under the Comprehensive and Progressive Agreement for Trans Pacific Partnership (CPTPP) to increase exports to Australia.

The Vietnamese Government hopes to receive advice from the International Monetary Fund (IMF) to improve its securities market, price regulation and macro-economic policies, Deputy Prime Minister Vương Đình Huệ said.

Vietnamese shares ended the week on a negative note as strong gains in oil prices were not enough to counter strong selling that weighed heavily on large-cap companies.

Fitch Ratings on Wednesday assigned Việt Nam’s National Power Transmission Corporation (EVNNPT) a long-term foreign-currency issuer default rating (IDR) of 'BB' with a stable outlook for the first time.