Việt Nam News

Sen Đỏ Technology JSC, the owner of e-commerce platform sendo.vn, and GrabExpress, a delivery service available on Grab app, on October 1 announced a tie-up for a three-hour express delivery service in HCM City.

 Although Việt Nam has focused on increasing labour productivity and overall productivity growth, there have been relatively few opportunities for SMEs to get customised support as they grow, said Max Bulakovskiy, policy analyst in Global Relations at the Organisation for Economic Co‑operation and Development (OECD).

The domestic sector’s positive export performance has contributed to a yearly rise of 15.4 per cent in the country’s nine-month export turnover at over $178.9 billion, nearly double the growth target set for the whole year by the National Assembly, GSO director Nguyễn Bích Lâm said.

Retail giant AEON has terminated the tie-up with Hà Nội-based Fivimart after four years of cooperation as their partnership yield no fruits but losses.

Việt Nam has made great efforts in fine-tuning its regulatory system and reaped certain successes in recent years. This is, however, not yet finished but now is the right time to speed up this reform to make regulations strong and effective.

The Southern Key Economic Zone needs more robust policies and mechanisms for attracting resources and foreign direct investment and enhancing linkages between localities to enable the region to develop faster and sustainably, according to experts.

Vietnamese shares edged down Monday as profit-taking pressure rose in final minutes bringing stocks down, despite growth in the petroleum sectors.

Vietnamese ride-hailing service, FastGo has announced it will launch its service in Indonesia ad Myanmar – its two first international markets – by the end of this year.

Việt Nam Thương Tín Commercial Joint Stock Bank (VietBank) targets to list its shares on the Unlisted Public Company Market (UPCoM) within a year of increasing charter capital to more than VNĐ4.25 trillion (US$181 million) in 2018.

Việt Nam’s total revenue from retail sales and services in the first nine months of this year is estimated at nearly VNĐ3.24 quadrillion (US$138.64 billion), up 11.3 per cent year-on-year, according the General Statistics Office (GSO).

Credit growth by September 20 reached 9.52 per cent against the end of last year while capital mobilisation rose by 9.15 per cent, the General Statistics Office reported.

Safe farm produce brand  Ruộng Nhà Mình or Our Farm debuted on Monday in Hà Nội together with the launch of its online distribution platform ruongnhaminh.vn.

E-invoicing will be compulsory for all enterprises from November 1st 2020 following Decree 119/2018/ND-CP approved by the Government on September 12.

Vietnam International Bank (VIB) has launched a new security solution named MyVIB Smart OTP for online payments, including Internet Banking and Mobile Banking.

Việt Nam’s Manufacturing Purchasing Managers’ Index (PMI) dropped to 51.5 in September from 53.7 in August, but business confidence rebounded from August’s low, according to a Nikkei report released on Monday.

VinFast on Monday announced the names of its first two cars as LUX A2.0 for the sedan and LUX SA2.0 for the sports utility vehicle (SUV), just one day before its first attendance at the Paris Motor Show 2018 on October 2.

Consumer finance companies have been cutting credit growth to focus more on tightening internal governance and selecting solvent customers to target a safer and healthier development.

Việt Nam expects rice exports to regain strength by the end of the year after a brief lull, said Trần Văn Công, deputy director of the Agro Processing and Market Development Authority under the Ministry of Agriculture and Rural Development.