Decisive reforms needed for Việt Nam to see full benefits of EVFTA, WB report
Việt Nam needs to fill major legal gaps and address key implementation issues to reap the full benefits of the European Union Vietnam Free Trade Agreement (EVFTA).
Temporarily halting petrol and oil imports must be considered carefully: ministry
The proposal of temporarily halting the import of petrol and oil must be carefully considered to ensure national energy security and harmonise benefits between producers and consumers, Deputy Minister of Industry and Trade Đỗ Thắng Hải said.
Controversy around the abolishment on petrol price stabilisation fund
Authorities want to maintain the petrol price stabilisation fund as a tool to keep retail prices stable and give them the ability to intervene in the market when necessary.
Transferring solar projects to foreign investors 'normal': MoIT
The Ministry of Industry and Trade (MoIT) has said that transferring all or part of a solar power project was normal according to market rules and the Investment Law.
HCM City seeks to speed up tardy public spending
HCM City is seeking to speed up public spending after many projects reported delays this year.
EVNGENCO 2 valued at $2 billion, IPO expected in December
The company’s valuation, used for its equitisation process, was announced by the Commission for the Management of State Capital at Enterprises on Tuesday.
More procedures to go online: minister
To cope with COVID-19 pandemic, the Government has been pushing more administrative procedures online.
E-commerce targets to grow 25 per cent per year, more than half of population to shop online by 2025
Việt Nam has set a target that the e-commerce industry would grow by 25 per cent per year to reach US$35 billion with more than half of the population shopping online by the end of 2025.
Vingroup introduces VinHR solution to improve labour productivity
Vantix Solution and Technology Service JSC, an affiliate of Vingroup, on Tuesday announced it will introduce VinHR to improve labour productivity.
Australia to impose new regulations on prawn imports
Prawn and uncooked prawn products for human consumption exported to Australia will have to follow new regulations from the Australian Department of Agriculture, Water and the Environment from July 1, according to the Việt Nam Association of Seafood Exporters and Producers.
Five-star hotel opens in Hải Phòng
The hotel's first phase opened on Monday and cost more than VNĐ500 billion, covering 5,000sq.m with 126 rooms, three swimming pools, two restaurants, two bars, one massage area and two meeting halls.
Thaco eyes increase in exports of auto accessories
Thaco Auto Seat Plant (Autocom) is expected to earn US$10.5 million from exports this year, up from $6.2 million last year.
Shares advance on vaccine trial success
Vietnamese shares advanced on Tuesday in line with world stocks thanks to optimism for a global economic recovery after a successful experiment for a coronavirus vaccine.
Plastic firm sees slight revenue growth in 2020
Tiền Phong Plastic JSC (HNX: NTP) is aiming for revenue growth of 6.25 per cent in 2020 to VNĐ5.1 trillion (US$221 million).
UPCoM firms suspended for failing to release audited reports
The Hà Nội Stock Exchange (HNX) has suspended 21 companies on the Unlisted Public Company Market (UPCoM) for three days over failure to release audited 2019 financial reports.
Local VFMVN Diamond ETF enlarges in its first trading week
The value of local exchange-traded fund VFMVN Diamond ETF has increased by five-fold during its first trading week to VNĐ482.3 billion (US$20.87 million)
Sapo Technology receives 7-digit investment
Sapo Technology JSC has completed its funding round and received an investment of up to seven-digit US dollars from South Korean Smilegate Investment and Vietnamese Teko Ventures.
Việt Nam ranks 2nd in top 10 fastest growing wealth markets from 2010 to 2019
Việt Nam ranked at the second position, following Bangladesh, in the top 10 fastest growing wealth markets from 2010 to 2019.
Ministry gives push to equitisation of SOEs
The Ministry of Finance has raised a number of measures to accelerate the equitisation of State-owned enterprises (SOEs) since the progress made no improvements recently.
GEX to sell entire stake in Đồng Nai Port JSC, no longer involved in logistics
The Board of Directors at Vietnam Electrical Equipment Joint Stock Corporation (Gelex or GEX) has approved the sale of their entire 20.25 per cent stake in Đồng Nai Port JSC (PDN).
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