Việt Nam News

The top 10 Vietnamese architectural and property developers and firms of 2018 were honoured at an annual ceremony held on Friday (May 25) in HCM City by Asia’s leading construction solution provider BCI.

Economies in the ASEAN+3 region should enhance their connectivity, boost the service sector and develop skilled human resources in order to meet global demand, participants were told during a seminar held in Hà Nội on May 25.

The development of Việt Nam’s automobile industry depends a great deal on its supporting industry, which needs to be developed comprehensively, experts have said.

Gaining the trust of customers is still a challenge to the development of the e-commerce industry despite its huge potential.

Blockchain is increasingly taking centre stage in the IT industry and is expected to help develop Việt Nam’s economy, according to the Ministry of Information and Communications.

Firms are potentially missing out on key opportunities available beyond their immediate borders by focusing on trade policy developments on a regional scale, and showing lack of awareness when it comes to the broader global trade policy environment, according to an HSBC report.

There are huge opportunities across ASEAN for mergers and acquisitions in almost every sector, particularly in Việt Nam, though challenges remain like regulatory hassles and how to add value to companies after inking an deal, experts told a seminar on M&A in HCM City on Friday.

Kaspersky Lab said in the first quarter of 2018 its anti-phishing technologies prevented more than 3.6 million attempts to visit fraudulent social network pages, 60 per cent fake Facebook pages.

The sugar industry needs to restructure to compete with rivals in other countries such as Thailand, according to the Việt Nam Sugar and Sugarcane Association.

Volatility on Việt Nam’s stock market in the past two months has dragged down the performance of foreign investment funds here.

The National Payment Corporation of Việt Nam (NAPAS) recently completed the building of a standard set for domestic cards, according to State Bank of Việt Nam (SBV).

Việt Nam is working hard to build a constructive and upright Government to serve people and businesses, while focusing on developing innstitutions, improving governance capacity and bringing more opportunities to all enterprises, including investors from Europe, said Prime Minister Nguyễn Xuân Phúc at the “Meet Europe 2018” conference in Hà Nội on Friday.

The export value of forest products from early this year until May 24 surpassed that of seafood products to become the leader in the agro, forests and seafood export group.

Shares concluded the week on a negative note as investors remained cautious on the market outlook amid low volatility and constant net selling by foreign traders.

Vietnamese seafood exports to the European Union last month crashed over a shortage in EU-compliant raw materials,  the Việt Nam Association of Seafood Exporters and Producers (VASEP) said.

Việt Nam’s shrimp export value to Canada reached US$27.7 million by March 2018, a year-on-year increase of 16 per cent, according to Việt Nam Association of Seafood Exporters and Producers (VASEP).

Many banks have reduced the interest rate for short-term deposits while raising the rate for long-term deposits to restructure capital sources.

Numerous favorable conditions have come together to make Việt Nam an attractive investment destination in the ASEAN, Asia and the world.