Việt Nam News

The weakness of infrastructure and high transport costs have been barriers for Vietnamese firms to fully tap into the sector’s potential, said Trần Thanh Hải, deputy director of Import-Export Department under the Ministry of Industry and Trade.

The Department of Science and Technology has been supporting the development of science and technology businesses with numerous programmes and State policies.

The south-central province of Ninh Thuận expects to produce 33 – 35 billion shrimp fry this year against 31 billion last year, the province’s Fisheries Seed Producers Association said.

Listed steel companies have reported disappointing business results in the first quarter despite strong growth in the domestic market, which they have attributed to the high cost of capital.

The ministry is calling for domestic and foreign investors to fund the 654km North-South Expressway project, set to pass through 13 cities and provinces

Vietnamese shares rallied for the fifth straight session on Friday, propped up by strong gains by oil and gas stocks.

The Orient Commercial Bank (OCB) on Thursday announced that it would become one of the first banks in Việt Nam to apply software defined networking (SDN), a new technology standard expected to be widely used in the near future.

The Emirates Group announced its 31st consecutive year of profit and steady business expansion.

These discounted tickets, which are available only at www.vietjetair.com, will applied on all routes linking Việt Nam and Taiwan, including HCM City/Hà Nội – Kaohsiung/ Taipei/ Taichung and HCM City – Tainan. The travel period for the promotion is from June 1 to December 31.

Petrol retail prices were reduced as of 3pm on Friday after three consecutive increases since March, the ministries of Industry and Trade and Finance announced.

The Trade Office of the Austrian Embassy, which opened in HCM City on May 16, expected to help connect business communities of Việt Nam and Austria.

Mitsui & Co Ltd has agreed to acquire a 35.1 per cent of stake in Minh Phú Seafood Joint Stock Company, the world’s biggest shrimp integrator from farming and processing to sales.

More administrative reform is needed in the banking industry to make it easier for businesses and individuals to get credit, experts told a conference in HCM City yesterday (May 16).

Exports of Mekong Delta shark catfish to the US and China, two of the biggest buyers of the products, have dropped compared to the figure last year.

Many Vietnamese enterprises are keeping a close eye on the escalating US-China trade war and have expressed concern about its possible adverse impact on their business.

The Vietnamese đồng will fluctuate around VNĐ23,200 in the next few months thanks to a positive supply source in the local market, according to the National Centre for Socio-Economic Information and Forecast.

High selling pressure during the final minutes of trading limited gains, but the benchmark VN-Index still managed maintain its rally thanks to the performance of some large-cap stocks.