PM asks ministry to speed up reforms

Prime Minister Nguyễn Xuân Phúc asked the Ministry of Finance to hasten administrative reforms and improve transparency to create favourable conditions for business development.

PV Power targets $1.4b in 2019

PV Power has set targets for total revenue of VNĐ32.77 trillion (US$1.4 billion) and pre-tax profit of more than VNĐ2.5 trillion ($107.3 million) for 2019. Its profit after tax is projected to reach VNĐ2.28 trillion, but this year’s targets are lower than the company’s achievements in 2018.

Thanh Hóa to expand Nghi Sơn EZ

The Nghi Sơn Economic Zone in the central province of Thanh Hóa will be expanded to 106,000 ha, ten times larger than its initial planned size, in order to meet business demand and turn the area into a driving force for the socio-economic development of the province and the north-central region.

Trade ministry to inspect big firms

The Ministry of Industry and Trade (MoIT) will conduct annual inspections on a number of State and private businesses in different sectors, including those involved in petroleum, telecommunications, pharmaceuticals and multi-level marketing.

Four new projects come to VSIP Quảng Ngãi

The central province of Quảng Ngãi officially presented investment registration certificates to four foreign companies at the Việt Nam-Singapore Industrial Park (VSIP)-Quảng Ngãi, with total investment of US$321 million, yesterday.

Banks lift market on earnings hopes

Vietnamese shares rebounded on Wednesday as investors bet on listed banks due to their full-year earnings reports while global markets moved well on positive US-China trade talks.

Vinacomin asked to ensure coal supply, enhance quality

Deputy Prime Minister Trịnh Đình Dũng asked the Việt Nam National Coal – Mineral Industries Holding Corporation Limited (Vinacomin) to ensure sufficient coal supply and seek measures to improve coal quality in 2019.

MPI submits development plan

The Ministry of Planning and Investment (MPI) has composed a draft plan for sustainable development of Vietnamese private enterprises by 2030.

CPTPP to raise national GDP

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is expected to help raise Việt Nam’s gross domestic product (GDP) by 1.3 per cent, according to an official from the Ministry of Planning and Investment (MPI).

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