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

PM approves programme to promote the development of supporting industry

Vietnam Audit plays a key role in achieving national goals

Vietnam State Audit (SAV) has made great efforts to build and develop operational audits in recent years, promoting public governance reform in Việt Nam, contributing to the successful implementation of national targets and meeting the demand of international economic integration.

Vietnam Airlines, Vinpearl to boost VN-Russia tourist links

Vietnam Airlines and Vinpearl will team up to open eight weekly flights between Việt Nam and Russia in 2020, a representative from the national flag carrier revealed.

Digital platforms improve competitiveness

Digital platforms are no longer exclusive to tech companies, and they have become increasingly popular in other sectors as they look to enhance their competitiveness.

Telecoms firms turning to digital content

With tightened management over pre-activated SIM cards, the number of mobile phone subscriptions was 125.8 million last year, a year-on-year decrease of 3.5 per cent.

Ownership certificates for condotels could solve market issues: experts

Experts believe the State's issuance of ownership certificates for non-residential real estate projects will solve existing difficulties in Việt Nam’s real estate market.

Gold prices soar at home and abroad

The domestic gold price soared yesterday while global prices hit a seven-year peak amid the ongoing novel coronavirus outbreak.

Việt Nam will promote agricultural mechanisation: PM

Prime Minister Nguyễn Xuân Phúc has requested ministries, localities and businesses strengthen co-operation to develop agricultural mechanisation and processing of agricultural products.

Banks speed recruitment to meet expansion plans

Many banks have announced the recruitment of a large number of personnel to meet business expansion plans in 2020.

Train services derailed by funding chaos

Viet Nam could cease to have an operating train system in less than two weeks unless a funding issue at Vietnam Railways (VNR) is resolved, an official has said.

VN stocks fall as investors look for short-term profits

Vietnamese shares declined on Friday as investors looked for profits in large-caps and the banking sector.

IFC increases trade finance limits to support Vietnamese businesses amid Covid-19

The International Finance Corporation (IFC) announced it has increased trade finance limits for Vietnamese banks to improve their capacity to cover payment risks in granting trade financing to local companies affected by the outbreak of the novel coronavirus, known as Covid-19.

State-owned Vinalines to divest capital from 13 firms in 2020

The State-owned Việt Nam National Shipping Lines (Vinalines) plans to divest capital from 13 member companies this year.

Ministry warns about impersonation of national branding programme

The Ministry of Industry and Trade has warned about the impersonation of the Việt Nam national branding programme for the purpose of fraud.

Consumer finance firm FE Credit turns joint-stock

The State Bank of Vietnam (SBV) has approved consumer finance firm FE Credit to change its legal status from limited liability to joint stock.

New industrial zone approved for Bình Định Province

Expected to cost more than VNĐ3.33 trillion (US$143 million), the IZ will span 1,000ha in Canh Vinh Commune, Vân Canh District.

Provinces call for investment in real estate projects

A number of provinces across the country are calling for investment in key real estate projects, attracting the attention of real estate businesses with strong capacity.

Mekong Delta town continues to solicit investment

Tân Châu town in An Giang will continue to seek investment in several sectors to spearhead socio-economic development in the Củu Long (Mekong) Delta province’s northern part, its leaders have said.

Masan Consumer acquires 52 per cent in Net Detergent JSC

Masan HPC Company Limited (HPC), a wholly-owned subsidiary of Masan Consumer Corporation (MCH), has successfully acquired a 52 per cent stake of Net Detergent JSC (NETCO) at an average price of VND48,000 (US$2.07) per share, according to a press release.

Super committee faces difficulties in checking SOE property

The increasing amount of property and land under State-owned enterprises (SOEs) was mentioned as a factor in their slow equitisation.

Pork market suffers from African swine fever

Việt Nam’s domestic pork supplies could fall by 20 to 35 per cent this year as a consequence of African swine fever, according to the Institute of Policy and Strategy for Agriculture and Rural Development (IPSARD).