Việt Nam News

The Vietnam Association of Motorcycle Manufacturers (VAMM) reported gloomy figures for the last months of 2019, a time when the industry typically expects a boom in sales revenue.

The exhibition organising industry has played a crucial role in job creation in HCM City and economic growth, experts have said.

Việt Nam’s stock market is expected to lure more foreign capital in 2020, according to brokerages.

The State Bank of Vietnam (SBV) has issued a resolution to boost cashless payments in the country.

A report by securities firm SSI on the financial and monetary market says deposit interest rates are likely to be cut by 0.5- 1 percentage point this year, and lending interest rates would also be cut by at least 0.5 percentage points as required by the Government.

US-Iran tensions and pre-Tết sentiment will be two key factors impacting the Vietnamese stock market in the coming week.

Grade A apartments must be built near convenient transportation systems, with good facilities and convenient social and service infrastructure. They also need a professional management and operation company.

In 2019, Vietsovpetro put two oil rigs into operation, meeting its target to expand exploitation areas.

Hồ Quốc Dũng, chairman of the Bình Định People’s Committee, described the route as a good opportunity for his province to connect with the world, attracting more international holiday-makers and investors to the locality.

As part of plans to catch up with developed economies, Việt Nam is looking to embrace Industry 4.0.

Big securities companies are trying to catch up with the technological revolution in the financial industry by employing robots and artificial intelligence (AI) to provide services for their clients.

The forestry sector had set a target of earning US$12.5 billion from exports this year, up 10 per cent year-on-year, said Phạm Văn Điển, deputy director general of the Việt Nam Administration of Forestry (VNFOREST).

Việt Nam's customs department contributed a record VNĐ348 trillion (US$15 billion) to the State budget from the collection of import and export taxes in 2019, according to the General Department of Customs.

The DOC said it had observed a sharp increase in shipments of corrosion-resistant steel (332 per cent) and cold-rolled steel (916 per cent) from Việt Nam from 2016-19 compared to previous years since the US started imposing duties on S Korean and Taiwanese steel products in December 2015 and February 2016.

Tiền Giang will continue to simplify administrative procedures and stepping up IT application and online public services.

The new route would help facilitate tourism, investment, trade and people-to-people exchanges, the committee said. 

The number of locally-made cybersecurity products increased last year, said the Ministry of Information and Communications (MIC) yesterday.

The goal of keeping inflation below four per cent in 2020 would depend heavily on pork prices, heard a conference co-organised by the Academy of Finance and the Department of Price Management under the Ministry of Finance on Friday in Hà Nội.