Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

VN targets three more unicorns by 2030 under new startup strategy

E-wallets’ latest converts: HCM City street vendors

From morning to early afternoon Nguyễn Văn Chiêm in HCM City’s District 1 is bustling with food vendors selling breakfast and lunch and customers coming to eat.

Shares move little on low liquidity

Vietnamese stock markets were quiet on Monday with low liquidity and only modest movement.

Clean production gets fruity in export

In the coming year, the value of Vietnamese goods sold into modern retail system Aeon Group (Japan) will likely reach US$0.5 billion and is expected to reach $1 billion in the next five years.

Bamboo Capital, Omani partner inaugurate Long An Province solar power plant

The BCG - CME Long An 1 solar power plant in Long An Province has been inaugurated by the joint venture between Bamboo Capital Group and the Việt Nam-Oman Investment Fund.

Hotel Ease · Tsuen Wan becomes the first B Corp™ hotel in Asia

Entering global distribution networks good for VN businesses: conference

Entering global distribution networks is something Vietnamese businesses should strive for to take advantage of their highly competitive products, experts told a conference held yesterday (April 23) to discuss how they can be a part of AEON Group’s supply chain.

Cashless payment remains low in Việt Nam

The ratio of cashless payments in Việt Nam remains low at only 11.49 per cent of total means of payment, according to a recent report from the Central Institute for Economic Management (CIEM).

Korea Exim Bank opens $2 billion credit line to PetroVietnam

The Export-Import Bank of Korea said on Sunday that it has agreed to open a US$2 billion credit line to Việt Nam’s State-owned Vietnam Oil and Gas Group (PetroVietnam) in a bid to help more South Korean companies venture into the fast-growing economy.

Việt Nam to develop cattle breeding, say officials

Việt Nam’s agricultural sector will focus on developing cattle, poultry and aquatic breeding to compensate for a shortage of pork which is expected to hit this year due to African swine fever.

Work begins on theme park and resort complex in Tuyên Quang

Invested by Vingroup, the complex covers 30ha in the Mỹ Lâm mineral spring tourism site, local newspaper baotuyenquang.com.vn reported.

Airports Corporation of Việt Nam aims for 9 per cent higher profit

The Airports Corporation of Việt Nam (ACV) has targeted earning VNĐ19.1 trillion (US$820 million) in revenue and VNĐ8.2 trillion ($355 million) in pre-tax profit in 2019, representing year-on-year increases of 7 per cent and 9 per cent.

Bamboo Airways’ fleet could reach 30 by 2023

At the working session, participants shared the view that an airline needs to have a fleet of at least 25 – 30 planes so as to operate stably and efficiently. Therefore, the ministry showed its support for the increase of Bamboo Airways fleet from 10 to 30 by 2023.