Việt Nam News

Hyundai Card’s officers will be responsible for the finance while MSB staff will take care of sale and operation in the post-merger business.

Việt Nam is making efforts to adapt to new technologies in the fourth industrial revolution (Industry 4.0) across all sectors. President and CEO of General Electric (GE) Asia Pacific Wouter Van Wersch shared his views with Viet Nam News reporter Thu Giang about Việt Nam’s readiness to participate in the digital economy and GE’s action plan in the country.

The private sector was the main driver of growth for Việt Nam in the first nine months this year, a conference held by the Central Institute for Economic Management (CIEM) heard on Wednesday in Hà Nội.

General Director of Vietnam Customs Nguyễn Văn Cấn. Bà Rịa-Vũng Tàu Province's customs department has seized an aluminum shipment worth more than US$4 billion en route to the US. Photo laodong.vn

Reducing smuggling of sugar into Việt Nam requires strengthening of preventive measures and co-ordination among relevant agencies, further lowering of sugar production costs and requiring sugar to have clear origin details among other things, a seminar heard in HCM City on Wednesday.

The benchmark VN-Index on the Hồ Chí Minh Stock Exchange increased 0.50 per cent to end Wednesday at 1,000.89 points.

Tô Ngọc Ngời, General Director of VinaFor Saigon said his company has imported New Zealand Radiata pine since 2001. For over 19 years, this wood species provides a sustainable and reliable source of timber material for Vietnamese furniture manufacturers.

Nigeria looks forward to working together with Việt Nam, especially in the fields of agriculture, machinery and information technology.

National flag carrier Vietnam Airlines officially opened a new direct route connecting HCM City and Haikou city in China’s southern province of Hainan.

Increased use of digital payments has the potential to add US$72 million annually to the central city of Đà Nẵng’s economy, according to the latest study from Visa, “Cashless Cities: Realising the Benefits of Digital Payments". 

The Singapore FinTech Festival (SFF) and Singapore Week of Innovation and Technology (SWITCH) will work together this year to organise a showcase of innovative technologies to encourage business transformation.

The first ever route between northern Vân Đồn District and central Đà Nẵng City will officially open on November 1, with a frequency of three round trips per week.

The State Bank of Việt Nam (SBV) has recognised the Southeast Asia Joint Stock Commercial Bank (SeABank) as having met the minimum capital adequacy ratio according to Basel II international standards.

Government officials and businesses of Viet Nam and Russia attended a high-level dialogue forum held in Hà Nội on October 29 by the Vietnam Chamber of Commerce and Industry (VCCI) and the office of the Russian Presidential Commissioner for Entrepreneurs’ Rights.

As coffee exports dropped in both volume and turnover in the first nine months of this year, the Ministry of Industry and Trade said improving product quality and brand development are key for coffee export growth.

The Vietnamese đồng was expected to remain broadly stable against the US dollar over the remainder of 2019 and to be slightly weaker on average over 2020,

Việt Nam’s machinery and equipment market has achieved solid growth in recent years and the momentum is expected to continue, making the country increasingly attractive to foreign investors, experts have said.

A total 37 covered warrants have been traded on the market since the market launch on June 28.