Việt Nam News

Transparency and quality of information disclosure are the main concerns for market members, public companies and auditors to lure a larger amount of capital in 2019, business executives have said.

The profitability of Vietnamese banks has improved significantly, driven by growth in core income and robust macroeconomic conditions.

Việt Nam will create conditions for the development of a sharing economy, Deputy Prime Minister Vương Đình Huệ said at a recent conference about the compilation of a sharing economy model.

Two direct international flights connecting Cần Thơ City to Kuala Lumpur and Bangkok will begin operating in the second quarter this year, according to Trần Việt Phường, director of Cần Thơ City’s Culture, Sports and Tourism Department.

The adoption of International Financial Reporting Standards (IFRS) would help Việt Nam create a more transparent business environment to attract foreign direct investment.

Digital transformation in organisations and businesses is the process of changing from traditional models to digital enterprises by applying new technologies such as Big Data, the Internet of Things (IoT) and cloud computing.

Less than 1 per cent of total mobile subscribers have registered for mobile number portability (MNP) services after three months of deployment, according to the Ministry of Information and Communications.

With the strong development of science and technology, some localities in Việt Nam are in a rush to make changes and become smart cities.

The agriculture sector needed strategies to push wood export value beyond US$11 billion this year and to a develop production chain and value-added export products.

The positive movement of the Asian stock market bolstered gains of Vietnamese shares during the last trading session of the week.

The Ministry of Industry and Trade has issued Decision No 281 which increases the prices for power generation in 2019.

Hà Nội’s authorities will work to promptly solve petitions of Korean-based Charmvit Group so it can effectively build out a horse racetrack after the project is licensed, said a municipal official.

Hà Nội is willing to co-operate with Asia Foundation to promote urban agricultural production, said Chairman of Hà Nội Nguyễn Đức Chung at his meeting with Asia Foundation’s Country Representative in Việt Nam Michael DiGregorio.

Last year was a successful year for the wood industry, with the export value of wood products reaching US$8.9 billion, up 14.5 percent from the previous year.

Indian Ambassador to Việt Nam Parvathaneni Harish led a delegation to the Mekong Delta province of Sóc Trăng on Thursday to explore investment opportunities in the locality. 

On Thursday, Gemadept Joint Stock Company under Gemadept Corporation restarted construction of Việt Nam’s largest deep sea port – Gemalink Cái Mép – after years of delay caused by economic downturn.

Fourteen Vietnamese banks have recently been named in The Asian Banker’s AB500 ranking and survey of Asia Pacific’s strongest banks in 2018.

A draft decree recently submitted by the Ministry of Transport to the Government includes managing cars booked via ride-hailing applications in the same way as taxis are currently regulated, aiming to create an even playing field between traditional taxi firms and apps like Grab.