HCM City’s industrial production grew by 7 per cent in the first half of the year, almost exactly the same as a year ago, according to the city Department of Industry and Trade.
Foreign investors have been encouraged to take advantage of the double benefits Việt Nam is offering through its commitments in the many trade pacts signed with other countries.
Securities companies participating in the new covered warrant market may find it less attractive to trade covered warrants of large-cap State-owned companies due to their low free-floating ratios.
Việt Nam should extend further visa exemption policy for foreign tourists to attract more foreign visitors coming back, according to experts.
Việt Nam could face an electricity shortage of 6.6 billion kWh in 2021 and 11.8 billion kWh in 2022. The shortage could increase to 15 billion kWh in 2023, according to the Ministry of Industry and Trade (MoIT).
Public – private partnership (PPP) is the best mode of investment for HCM City’s socio-economic development, city authorities have said.
Selling pressure increased at the end of Monday’s session, affecting market sentiment and creating a big variation in large-cap prices.
The Republic of Korea (RoK)’s Consulate General recently revealed the country’s businesses plan to increase investment in Việt Nam, especially in the manufacturing of electronic equipment and developing smart grids.
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Việt Nam’s container throughput surpassed Hong Kong’s in the first half of this year, possibly in part due to trade diversion amid the trade war between China and the US, reported the Chinese news site Caixin Global.
The national flag carrier Vietnam Airlines on Sunday launched a new route between the central city of Đà Nẵng and Busan city, connecting Việt Nam and the Republic of Korea (RoK).
The Ministry of Finance (MoF) is proposing a regulation that exempts micro and small enterprises from corporate income tax for two years after they have sufficient income subject to taxation.
Budget carrier Vietjet has received approval from the Civil Aviation Administration of Vietnam (CAAV) to conduct flights between the capital city of Hà Nội and India’s New Delhi.
The Hà Nội Stock Exchange said that Nha Trang Bay Investment and Construction Joint Stock Company successfully issued private corporate bonds worth VNĐ650 billion (US$28.2 million), all of it to the Việt Nam Maritime Bank.
Vietnamese enterprises need more opportunities to get technology transfers from foreign investment activities and join ventures with foreign partners for sustainable development of the domestic industry.
A CAAV report on aviation service quality in the first half of this year found that aviation sector, including local and international airlines, transported 38.5 million passengers, up 9.4 per cent year-on-year.
Exports by HCM City-based enterprises in the first six months of the year topped US$19.6 billion, a 9.2 per cent increase year-on-year, according to the city People’s Committee.
Along with its rapid economic growth, Việt Nam’s electricity demand is also increasing strongly, at around 10 per cent a year, causing huge pressure on the energy sector, according to the Ministry of Industry and Trade.