Việt Nam News

In the first half of July, Việt Nam's export revenue exceeded US$10.5 billion and its import value topped $11.18 billion, resulting in a trade deficit of nearly $700 million.

Việt Nam is in dire need of capital to develop the country’s infrastructure and the Government expects private investors, especially foreign ones, to take part as the State budget cannot afford the investment costs. Sajal Kishore, Head of Asia-Pacific Infrastructure and Project Finance at Fitch Ratings, talk with Việt Nam News reporter Thu Hà about the country’s outlook for luring foreign funding in the sector

The increasing number of businesses becoming operational again since the beginning of this year indicates positive economic development prospects, said Vũ Tiến Lộc, chairman of the Việt Nam Chamber of Commerce and Industry (VCCI).

The EU – Việt Nam Free Trade Agreement (EVFTA) is expected to bring big opportunities for the Vietnamese aluminium sector; however, experts have said there are still challenges for local firms looking to take advantage.

Kiên Giang Province is committed to creating the most favourable conditions for investors. Việt Nam News spoke with Phạm Vũ Hồng, chairman of the province’s People’s Committee, about Kiên Giang’s potential and economic strengths and incentives to investors ahead of an investment conference next week. Bồ Xuân Hiệp reports.

A number of listed companies have reported sharp increases in their quarterly profits as they have performed well in selling stakes in sub-units and projects.

The first Việt Nam International Exhibition on Processing, Packaging and Preserving Food and Agricultural Products (Vietnam PFA) 2019 opened in HCM City yesterday (July 24), offering opportunities for local and foreign exhibitors to introduce their products and explore business co-operation.

Followingly, Chinese Qingdao Airline will offer charter flights on the route with a frequency of three flights per week on Wednesday, Friday and Sunday.

The agriculture sector in the first half of this year attracted about VNĐ11.4 trillion (US$491.3 million) to 11 new and existing projects processing farming products, according the Ministry of Agriculture and Rural Development. 

HDBank won the award for ‘Domestic Retail Bank of the Year for Vietnam’ at Asian Banking and Finance Retail Banking Awards in Singapore last week.

More than 400 domestic and foreign exhibitors will participate in the 19th Vietnam International Medical, Hospital and Pharmaceutical Exhibition (Vietnam Medi Pharm Expo 2019), slated to be held at the Sài Gòn Exhibition and Conference Centre in HCM City from August 1 to 3.

Shares slumped on Wednesday as selling pressure hit banking-financial stocks strongly during the trading session.

The sufficient foreign reserves have been a key source to help the central bank stabilise the USD/VNĐ exchange rate.

The complex will make chemical-free products without preservatives, combined with manufacturing tours for visitors.

The country’s garment and textile sector earned $18 billion from exports, an 8.61 per cent year-on-year increase.

Việt Nam is encouraging investors from all around the world to develop its ports, according to the Việt Nam Maritime Administration.

Members of the Vietnam Association of Motorcycle Manufacturers witnessed sales of more than 749,500 units in the second quarter of this year, marking a decrease of 4.4 per cent from the same period last year.

Social media spreads information and disinformation rapidly, exerting a big influence on the public and businesses, and so the Government needs to have policies in place to manage and regulate it, a senior academic has said.