Lack of bank access slows digital payment growth

There is plenty of room for further development of the digital finance industry, but experts worry that this the huge number of people without bank accounts and the slow policy-making process will stall progress.

Sugarcane faces plummeting prices

The sugarcane sector is facing record-low prices despite an increase of 500,000 tonnes of output over last year, leading to high inventory levels, according to the Việt Nam Sugar and Sugarcane Association (VSSA).

Bio-fuel consumption rockets

Consumption of bio-fuel E5 RON 92 topped 1.78 million cubic metres in the first half of the year, a year-on-year increase of 31 per cent and accounting for over 40 per cent of total petrol consumption, according to the Ministry of Industry and Trade.

VN aims to become a prosperous nation: PM

Việt Nam aspires to become a country with prosperous development, inferior to no other countries in the world, Prime Minister Nguyễn Xuân Phúc said at the Việt Nam Business Summit in Hà Nội on Thursday.

Quảng Ninh ready to welcome investment wave

The northern coastal province of Quảng Ninh has emerged as a magnet for foreign investors in recent years thanks to its youthful population, favourable business climate and administrative reforms.

Energy exhibitions open in HCMC

International power generation, transmission, distribution and energy exhibition and conference Electric & Power Vietnam 2018 and renewable energy exhibition Renewable Energy Vietnam 2018 opened on September 12 in HCM City.

PM meets with multinational corporations

Prime Minister Nguyễn Xuân Phúc hosted a dialogue on Wednesday with about 20 leaders of multinational corporations who are in Việt Nam to attend the 2018 World Economic Forum on ASEAN (WEF ASEAN).

Internal trade key to ASEAN’s growth

The Association of the Southeast Asia Nations (ASEAN) will have to improve internal trade to reduce dependence on outside partners and boost the region’s economic growth, according to PricewaterhouseCoopers (PwC) senior officials.

Most Vietnamese businesses are outsiders to the Industry 4.0: trade minister

According to a survey conducted late last year, 82 per cent of Vietnamese businesses have not taken steps to prepare for the fourth industrial revolution, while just 10 per cent said they were ready, Minister of Industry and Trade Trần Tuấn Anh said during a session themed “Digital market, Global Opportunity” held Thursday as part of the World Economic Forum on ASEAN in Hà Nội.

SAV to audit PetroVietnam

The State Audit of Việt Nam (SAV) has decided to audit the financial reports of Việt Nam National Oil and Gas Group (PetroVietnam).

Only 10 SOEs approved for equitisation in eight months

Only one State-owned enterprise (SOE) was approved of the equitisation plan in August, lifting the total number of approved businesses this year to 10 (nine companies and one civil service unit), latest data of the Ministry of Finance showed.

Deal signed to boost HCM City supporting industries through fairs

The HCM City Centre of Supporting Industries Development (CSID), HCM City Mechanical – Electrical Enterprises, Korea Association of Machinery Industry and the Korea-based Coex Company on Wednesday signed a memorandum of understanding to organise the Việt Nam International Machinery Fair and Vietnam Supporting Industry Fair.

Province to prioritises hi-tech

he northern province of Ninh Bình will focus its investment in projects with high value and welcome investors with new ideas or breakthroughs in technology to promote its vast development potential.

NEWS FROM MEDIA-OUTREACH

E-paper