Electricity hike hits industry hard
Vietnamese manufacturers are set to increase their selling prices following the 8.36 per cent hike in electricity price that launched from March 20.
Vietnamese manufacturers are set to increase their selling prices following the 8.36 per cent hike in electricity price that launched from March 20.
The national industrial production index (IIP) saw a year-on-year increase of 9.2 per cent in the first quarter of this year, according to the General Statistics Office (GSO).
Shares reversed at the end of the session on Tuesday, dropping due to selling pressure weighing down many large-caps, in contrast to the rally of the global market.
The retail prices of oil and petrol rose sharply on Tuesday following adjustments made by the ministries of finance and industry and trade.
Xuân Mai Investment and Construction Corporation (Xuân Mai Corp) will return to the stock market after being removed in 2013.
The Ministry of Transport has asked the investor of Hòa Lạc-Hòa Bình Expressway not to arbitrarily stop vehicles during maintenance work without its approval.
Việt Nam plans to raise VNĐ1.7 trillion (US$71.5 million) of investment from the private and foreign sectors to develop the national innovation centre (NIC).
Việt Nam suffered 620 cyber attacks in the first three months of this year, down by about 50 per cent compared with last year’s figure, according to a report by the Authority of Information Security (AIS) under the Ministry of Information and Communications.
Prime Minister Nguyễn Xuân Phúc has set a new roadmap to apply emission standards for road vehicles, including imported used cars.
Việt Nam’s insurance industry maintained positive growth in the first quarter of this year, with total premiums surging by 17 per cent year-on-year, according to reports from the General Statistics Office.
The total retail sales value of consumer goods and services was estimated to reach nearly 1.185 quadrillion (US$51.75 billion) in the first quarter of this year, according to the latest updates from the General Statistics Office.
The Hà Nội Stock Exchange (HNX) organised six auctions in March with total transaction value of nearly VNĐ1.76 trillion (US$75.45 million).
Taxes and duties are a very important source of State budget revenue and provide major finance for the Government’s socio-economic development programmes. In Việt Nam, tax revenue is starting to decline while expenditure continues to rise, threatening budget sustainability.
Total outstanding loans of the banking system rose 2.28 per cent as of March 25 and the total means of payment grew by 2.67 per cent compared to late 2018.
Deputy Prime Minister Trịnh Đình Dũng has urged the fisheries sector to build a brand with food safety and high quality for seafood products.
Rising production costs are harming the competitiveness of Vietnamese seafood products, according to experts. These include the prices of feed, material input, electricity and labour.
Gaining trend was maintained during afternoon session on Monday thanks to the strong purchasing power of investors on many large caps.
Improved exports in March helped Việt Nam gain a trade surplus of US$536 million in the first quarter after running deficits in the first two months, the latest update from the General Statistics Office (GSO) revealed.
Despite being renowned for high quality flowers, Lâm Đồng Province still faces problems such as poor storage and lack of new, high quality seeds that hinder its ability to satisfy domestic demand.