Petrol prices up nearly VNĐ1,000 per litre

The prices of oil and petrol have climbed nearly VNĐ1,000 (US$0.043) per litre folowing the latest adjustment by Ministry of Finance and the Ministry of Industry and Trade on Saturday.

National IIP down almost 17% in February

The national industrial production index (IIP) in February was estimated to decrease by 16.8 per cent over the previous month due to the Lunar New Year holiday, according to the General Statistics Office (GSO).

VN stocks to progress on annual meetings season

Vietnamese shares are forecast to advance in March as investors may seize the chance to invest in companies that are about to provide clearer visions for 2019 at their annual shareholder meetings.

Quảng Trị Province approves paper mill

Thái Bình Xanh JSC and the Finnish group Poyry on Friday held discussions with Quảng Trị provincial People’s Committee on a paper mill project, worth VND11.6 trillion (nearly US$500 million).

Huge investment to touch down in Đà Nẵng

The central city aims to accelerate economic growth from 7.68 per cent to 12 per cent, while more drastic measures and administrative reforms are needed to turn the city into an as a destination to investment and tourism.

Industry 4.0 to boost GDP: experts

The Fourth Industrial Revolution could increase Việt Nam’s GDP by between US$28.5 billion and $62.1 billion – equivalent to a rise of 7 to 16 per cent – by 2030, Director of the Central Institute for Economic Management (CIEM) Nguyễn Đình Cung said at a seminar in Hà Nội on Friday.

Banks, insurers boost bancassurance to get returns

Banks and insurance companies are ramping up co-operation in selling life insurance products (bancassurance) to cash in on the high growth segment as some have posted annual triple-digit growth rates in the business.

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