Việt Nam News

Việt Nam’s poultry producers have a big opportunity to export their products thanks to high supply levels, according to the Ministry of Agriculture and Rural Development (MARD).

Start-up businesses have become more important to the Vietnamese economy in the context of the Fourth Industrial Revolution. However, their size and quality have remained modest compared to their potential. They need support from incubators and investors, who are able to provide advice and opinions so they can maximise their capability. Vũ Anh Tuấn, director of the Quang Trung Software Business Incubator, talks to Việt Nam News about the issue

Due to the unclear regulations on condotels, the market in Đà Nẵng slowed down in the first quarter, according to Colliers International Vietnam’s Quarterly Knowledge Report.

Vietnamese shares may gain slightly in the post-holiday period as listed firms are giving a few strong clues that could boost the market’s short-term prospects.

The Prime Minister has released a directive to fight loan sharks who are targeting vulnerable people.

The economy of the ASEAN+3 region is expected to remain resilient despite heightened global risks and stronger external headwinds, said the annual regional economic outlook report released on Wednesday by the ASEAN+3 Macroeconomic Research Office (AMRO).

The Ministry of Finance has released a circular to instruct State-owned enterprises (SOEs) to use book-building to sell shares owned by the State.

The event is an opportunity for coffee producers to promote their products to coffee lovers, gradually bringing Vietnamese coffee products to the world, its organizer – the Central Group Vietnam – said in a statement.

Việt Nam National Petroleum Group (Petrolimex) will focus on divestments and restructuring in 2019, implementing unfinished tasks from last year, the company’s management board announced at its annual shareholders’ meeting on Friday.

In the domestic market, more than 85 per cent of Vietnamese farming products are sold at traditional retail channels including wet markets, wholesale markets or street markets

The forestry industry showed a strong increase in export value in the first four months of the year, according to the Việt Nam Forestry Administration.

The Prime Minister has asked the Ministry of Construction (MOC) and relevant ministries to complete the legal system regarding the local property market to ensure sustainable development, according to the Prime Minister’s direction issued on April 23.

About 50 businesses from South Korea are seeking Vietnamese partners, especially in the field of robotics and automation.

The Hồ Chí Minh City Real Estate Association (HoREA) has suggested the State Bank of Việt Nam (SBV) extend the application of regulations on banks’ maximum ratio of short-term funds used for medium- and long-term loans until the end of 2020.

Việt Nam has recently become one of the favoured destinations for M&A for foreign investors, particularly those from Japan, Korea and Singapore. Key sectors of interest include real estate, food and beverages, retail, and to a lesser extent, manufacturing.

Revitalisation and innovation are indispensable for Vietnamese businesses to improve their competitiveness.

Việt Nam’s economic growth is projected to moderate to 6.6 per cent in 2019, driven by credit tightening, slower private consumption and weaker external demand, according to the World Bank (WB).