Việt Nam News

Gold demand is expected to surge on February 14, the God of Wealth Day which falls on the 10th day of the lunar year.

Five or six more industrial parks were expected to be built in the northern port city of Hải Phòng, according to head of the municipal Economic Zone Authority (HEZA) Phạm Văn Mợi.

Vietnamese shares extended their growth for a third straight day as focus switched to the petroleum sector following sharp increases in oil prices.

The domestic gold market is heating up with gold shops introducing various products to take advantage of huge demand on the God of Wealth Day, which falls on the 10th day of the Lunar New Year (February 14).

Việt Nam’s authorities plan to conduct further investigations into the merger of Grab and Uber last year over possible antitrust regulations violations, said the Ministry of Industry and Trade on Wednesday.

Việt Nam will continue to face difficulties in exporting cassava this year, especially to China, the largest export market of local cassava, according to the Việt Nam Cassava Association.

The Department of Livestock Husbandry has said intensive efforts would be made to boost exports of animal products this year.

Cửu Long (Mekong) Delta provinces are making efforts to develop digital farming, enabling farmers to use technologies to take care of their farms remotely.

Industrial zones in the Mekong Delta city of Cần Thơ attracted total registered investment capital of US$112 million last year, 12 per cent higher than its annual target, according to the municipal Industrial Zones and Processing Zones Management Board.

Last year FDI in manufacturing in the Southern Key Economic Zone exceeded the target, and authorities in the provinces and cities comprising the zone are hoping the trend will continue.

HCM City will invest in six agricultural products and six craft villages under the One Commune One Product Programme in which each rural commune or district will develop its own specialty.

The Trường Hải Automobile Company (Thaco) plans to export locally manufactured bus, cars and semi-trailers as well as spare part and accessories to the US, Canada, Thailand, Singapore and the Philippines worth US$60 million in 2019.

Phú Nhuận Jewelry Joint Stock Company on February 12 unveiled a new store model, PNJ Next.

Purchasing power during Tết (Lunar New Year) increased by 10-12 per cent from last year and 15-20 per cent in comparison with previous months, according to the Ministry of Industry and Trade (MoIT).

Việt Nam’s stock market had become a launch pad of for the business community, supporting the equitisation of state-owned enterprises and helping create a more balanced and efficient structure in Việt Nam’s financial market, said Prime Minister Nguyễn Xuân Phúc.

Vietnamese shares rose strongly on Tuesday to extend gains for a second session as investor sentiment remained positive on 2019’s corporate performances.

HDBank and Vietjet can become top businesses not only in the country but also the region and world, National Assembly Chairwoman Nguyễn Thị Kim Ngân said while visiting the two companies on Monday.

State budget revenue was estimated at a total of VNĐ144.6 trillion (US$6.15 billion) in January, representing a rise of 7.5 per cent over the same month of 2018.