Bình Phước can be the next Bình Dương: PM

Being a newcomer does not mean Bình Phước will forever be “a follower” in terms of economic development, Prime Minister Nguyễn Xuân Phúc told an investment promotion conference held in the province on Monday.

Steel exports up 56% in seven months

In the first seven months of 2018, Việt Nam exported 3.41 million tonnes of steel, earning US$2.53 billion, increasing 40.4 per cent in volume and 56.3 per cent in turnover from the same period last year.

HCM City to host Việt Nam Motor Show

Fifteen members of the Việt Nam Automobile Manufacturers' Association (VAMA) and Vietnam Car Importers' Association (VIVA) will participate in the 2018 Việt Nam Motor Show in HCM City in October.

Remittances to HCMC steady

Despite the strengthening of the dollar against other global currencies, remittances to HCM City have continued to increase.

Stocks rise, despite wide uncertainty

Vietnamese shares gained steadily on Monday, driven by energy, retail agriculture stocks despite underperformance of the financial sector amid investors’ uncertainty.

Bắc Ninh licenses 116 FDI projects in seven months

The northern province of Bắc Ninh licensed 116 new foreign direct investment (FDI)  projects worth US$332.5 million in the first seven months of 2018, according to the provincial Department of Planning and Investment.

Tuna exports likely to hit $500m in 2018

Việt Nam’s tuna export revenue is likely to reach the target of US$500 million in 2018 after hitting $351 million in the first seven months of this year, while growth has been seen in the majority of markets.

VN-Cuba joint venture to produce detergents near Havana

Suchel TBV S.A., a joint venture between Viet Nam and Cuba, has received approval from the Cuban Government to build a detergent plant in the Mariel Special Development Zone (ZEDM), according to the Cuban News Agency (ACN).

Seminar told of great organic hopes

The shortage of organic foods in the country is both an opportunity and a challenge for growers, a forum on Organic Agricultural Development was told on Saturday.

HCMC FDI shrinks dramatically

Foreign direct investment (FDI) in HCM City is dwindling and cannot continue to drive the economy, the head of the city’s Department of Planning and Investment has said.

State-owned banks suffer equity erosion

According to statistics from the State Bank of Việt Nam (SBV), as of May, State-owned banks’ combined equity was VNĐ252.472 trillion (US$10.83 billion), down 0.86 per cent.

Con Cưng cleared of product origin fraud charges

An investigation into baby product retailer Con Cưng has found that it had complied with all import and consumer protection regulations and possessed documents to prove origin, the Ministry of Industry and Trade has reported.

Farm produce exports to China face higher quality standards

Việt Nam’s agricultural and aquatic exports to China are likely to face higher quality requirements and stronger competition from other ASEAN exporters although China’s demand for these goods is still on the rise, heard a meeting on Saturday.

Garment companies selling better abroad

Việt Nam’s textile and garment industry is doing well abroad, but struggling at home, according experts. Exports of popular brands have raked in tens of billions of dollars each year – but with a population of 90 million, few firms are focusing on the local customer.

Share to advance on supportive information

The stock market is forecast to have a positive week with supportive information from exchange-traded fund (ETF) restructuring for the third quarter together with continued cash flow pouring into the market.

City condo market begins to recover

Condominiums remain the best bet for people living in big cities thanks to their affordable prices, and not surprisingly the HCM City apartment market is showing signs of recovering after the slowdown caused by the Carina Plaza fire at the beginning of this year, insiders said.

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