Việt Nam News

The adoption of International Financial Reporting Standards (IFRS) would help Việt Nam create a more transparent business environment to attract foreign direct investment.

Digital transformation in organisations and businesses is the process of changing from traditional models to digital enterprises by applying new technologies such as Big Data, the Internet of Things (IoT) and cloud computing.

Less than 1 per cent of total mobile subscribers have registered for mobile number portability (MNP) services after three months of deployment, according to the Ministry of Information and Communications.

With the strong development of science and technology, some localities in Việt Nam are in a rush to make changes and become smart cities.

The agriculture sector needed strategies to push wood export value beyond US$11 billion this year and to a develop production chain and value-added export products.

The positive movement of the Asian stock market bolstered gains of Vietnamese shares during the last trading session of the week.

The Ministry of Industry and Trade has issued Decision No 281 which increases the prices for power generation in 2019.

Hà Nội’s authorities will work to promptly solve petitions of Korean-based Charmvit Group so it can effectively build out a horse racetrack after the project is licensed, said a municipal official.

Hà Nội is willing to co-operate with Asia Foundation to promote urban agricultural production, said Chairman of Hà Nội Nguyễn Đức Chung at his meeting with Asia Foundation’s Country Representative in Việt Nam Michael DiGregorio.

Last year was a successful year for the wood industry, with the export value of wood products reaching US$8.9 billion, up 14.5 percent from the previous year.

Indian Ambassador to Việt Nam Parvathaneni Harish led a delegation to the Mekong Delta province of Sóc Trăng on Thursday to explore investment opportunities in the locality. 

On Thursday, Gemadept Joint Stock Company under Gemadept Corporation restarted construction of Việt Nam’s largest deep sea port – Gemalink Cái Mép – after years of delay caused by economic downturn.

Fourteen Vietnamese banks have recently been named in The Asian Banker’s AB500 ranking and survey of Asia Pacific’s strongest banks in 2018.

A draft decree recently submitted by the Ministry of Transport to the Government includes managing cars booked via ride-hailing applications in the same way as taxis are currently regulated, aiming to create an even playing field between traditional taxi firms and apps like Grab.

Mavin Group, a joint food venture between Australia and Việt Nam, is aiming to export Vietnamese duck meat in the future to meet increasing demand for the product.

Many property developers in HCM City are moving to neighbouring provinces and cities and even as far away as the central region as city authorities are issuing fewer licences and legal procedures elsewhere are simpler.

Several local banks are reportedly determined to list on stock markets in 2019 after delaying last year.

Enterprises in the garment and fishery sectors have set development plans to take full advantage of free trade agreements such as the CPTPP and EVFTA.