Việt Nam News

Demand for bird’s nests in China is increasing, offering opportunities for Vietnamese firms, but new measures are needed to enable producers to export the product directly to China, rather than carrying it over the border, according to the Ministry of Agricultural and Rural Development.

The Central Highlands province of Đắk Nông will introduce its investment potential and opportunities to more than 800 delegates and businesses at a forthcoming investment  promotion conference here next month.

Việt Nam will be short of 70,000 to 90,000 information and technology (IT) workers next year despite increasing salary and welfare, according to a TopDev, a recruitment network and ecosystem in mobile and IT, report on the IT market in Việt Nam.

A majority of firms in the manufacturing and processing industry were optimistic about their production and business activities for the first quarter of 2019, according to a survey by the General Statistics Office (GSO).

The HCM City housing market showed signs of unsustainability in 2018 due to an imbalance between supply and demand, a property industry business group said.

HCM City sustained its industrial expansion in 2018, recording an estimated 8.15 per cent rise in the Index of Industrial Production (IIP) from last year.

Prime Minister Nguyễn Xuân Phúc attended the launch of the Vân Đồn International Airport, Hạ Long International Passenger Terminal, and Hạ Long-Vân Đồn Expressway in the northern province of Quảng Ninh on December 30.

The Securities Journalists Club on Thursday announced the top 10 biggest events for Việt Nam’s stock market in 2018.

Việt Nam’s benchmark VN-Index ended 2018 on a negative note due to cautious market sentiment, which increased selling pressure over the last 30 minutes of the day.

The real estate market in central Phan Thiết Province is set to boom thanks to upcoming transport upgrades, according to experts.

In 2019 South Korea will toughen rules related to use of pesticides for agricultural products it imports, and Vietnam is expected to be affected.

New policies promoting development of the domestic automobile sector will create opportunities for the industrial real estate market, according to a CBRE Việt Nam report released in December.

HCM City targets 8-8.2 per cent growth for its industrial sector in 2019, according to its Department of Industry and Trade.

Commercial banks have consecutively lowered the value of the US dollar against the Vietnamese đồng during the final days of 2018, helping the USD/VNĐ exchange rate close the year under control.

The HCM City court on Friday ordered ride-hailing firm Grab to pay VNĐ4.8 billion (US$210,300) worth of compensation to local taxi firm Vinasun.

Choi Joo Ho was officially appointed as general director of Samsung Việt Nam to replace Shim Won Hwan who returned to South Korea to take over new responsibilities.

MobiFone Telecommunications Corporation, one of Việt Nam’s three largest mobile network operators, posted pre-tax profit of nearly VNĐ6.05 trillion (US$258.33 million) in 2018, fulfilling its target for the year and representing a rise of 7.5 per cent compared to 2017.

Việt Nam National Garment and Textile Group (Vinatex) posted revenue of nearly VNĐ48.7 trillion (US$2.08 billion) and pre-tax profit of VNĐ1.53 trillion in 2018, a year-on-year increase of 6.6 per cent and 6.2 per cent, respectively.