Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Early preparation underpins stable Tết supply

PM asks to handle inefficent State-owned enterprises

Inefficient State-owned enterprises must be handled this year, Prime Minister Nguyễn Xuân Phúc has said.

Shares narrow losses, fewer gold buyers on the God of Wealth Day

Bargain attempts of investors in the afternoon helped cushion the fall in the Vietnamese stock market on Monday amid steep decline across the Asia.

New Delhi-Đà Nẵng set to launch in May

Budget carrier VietJetAir will begin direct flights from the central city of Đà Nẵng to New Delhi in India from May 14, with five flights per week.

2020 promises to be seminal year for banking sector

Large mergers and acquisitions deals, an explosion in digital banking and the listing of several banks’shares on the stock market are among the key events expected this year in the financial sector.

God of Wealth Day attracts few gold buyers because of virus fears

Though jewellers have stockpiled 'lucky' gold products for today's God of Wealth Day, most of their customers have stayed away out of fear of coronavirus.

Twelve banks clear all bad debts at VAMC

Twelve out of 40 commercial banks have so far cleared all their non-performing loans (NPLs) kept at the Việt Nam Asset Management Company (VAMC).

Việt Nam’s economic transformation: lessons from 35-year reforms

Việt Nam celebrates the 90th founding anniversary of the Communist Party of Việt Nam (CPV) today (February 3, 1930-2020) and the country’s spectacular economic development is an important measure of the Party’s successful leadership.

VN stocks to keep falling on disease fears

Amid fears about the worse development of the coronary disease on a global scale, the Vietnamese stock market will keep falling and pharmaceutical stocks are still the centre of attention.

Large-cap firms report at least VNĐ3 trillion in 2019 pre-tax profit

Total pre-tax profit of the 29 companies is roughly VNĐ255 trillion, up 21 per cent year on year.

Mekong Delta aims for sustainable shrimp production at high profits

Provinces in the Cửu Long (Mekong) Delta, the country's largest shrimp producer, are increasing their shrimp output this year and focusing on developing sustainable shrimp farming models that bring high profits.

Prices of pork, facemasks discussed by pricing committee

The prices of pork and facemasks were the centre of discussion at an extraordinary meeting of the steering committee for pricing last week chaired by its head, Deputy Prime Minister Vương Đình Huệ.

Favourable policies expected to drive Việt Nam auto market growth

The automobile market is expected to boom this year as the Government mulls a number of favourable policies to help reduce costs, improve demand and increase output.

Việt Nam reports trade deficit of $100 million in January

Việt Nam reported an estimated trade deficit of US$100 million in January, according to the General Statistics Office (GSO).

VN aims to become global agriculture powerhouse

Việt Nam is pursuing an ambitious plan to become a global agricultural powerhouse by 2030, according to Government Resolution 53/NQ-CP.

PM ratifies national financial inclusion strategy until 2025

Prime Minister has approved the national financial inclusion strategy until 2025 with a vision to 2030, targeting at least 80 per cent of adults in the country to have bank accounts.

HDBank records over $216 million profit in 2019

The HCM City Development Joint Stock Commercial Bank (HOSE: HDB) has reported impressive results for the fourth quarter of 2019, with pre-tax profit increasing by 40.1 per cent year-on-year to VNĐ1.57 trillion (US$67.7 million).

Local property market to recover this year

Local property experts have forecast that the domestic real estate market will recover this year.

HCM City property market a magnet for foreign investors

The HCM City property sector has in recent years attracted billions of dollars worth of foreign investment due to its growth potential, real estate consulting companies have said.

Trade agency demands support from logistics firms for agriculture exports

The Ministry of Industry and Trade’s foreign trade agency has asked logistics firms to help Vietnamese agriculture producers following China’s decision to temporarily stop importing local farm products.

Gold shops prepare for God of Wealth Day rush

Jewellery shops and companies have stockpiled large numbers of “lucky” gold products to meet the surging demand on the God of Wealth Day on the 10th day of the new lunar year, which falls on February 3.