Việt Nam News

The northern province of Phú Thọ hopes Japanese businesses will continue to invest in the Vietnamese locality and commit to create favourable conditions for their operation.

The southern province of Bình Dương will shorten the time for enterprises to start up their business in a bid to improve the province’s investment and business environment, said Trần Thanh Liêm, provincial People’s Committee (PPC) chairman.

The Trà Vinh Province People’s Committee will provide financial support to farmers who take part in growing crops on shared large fields and join co-operatives. 

Coconut producers have been given a timely boost after plans were revealed to offer more support to those who work in the industry.

What comes to mind when you think of Phú Quốc Island? Pristine beaches, historic sites, Buddhist shrines, or fishing villages?

Many Vietnamese prefer to keep the bulk of their wealth in physical cash or property, but there are numerous reasons why investing in a more diversified portfolio of investments is a safer – and more lucrative – course.

Việt Nam witnessed a trade surplus of nearly US$2.7 billion in the first quarter of this year, according to a report from the General Department of Customs.

To sustain the growth of their industry Vietnamese textile and garment firms should pay more attention to technologies and their value chains, a conference on textile value chains heard on April 12.

In contrast with previous optimistic forecasts for Việt Nam’s economic growth in 2018, the World Bank (WB) has estimated a modest figure of 6.5 per cent, 0.2 percentage point lower than the National Assembly’s target.

The Ministry of Construction has urged authorities on Phú Quốc island in Kiên Giang Province and Vân Đồn island in Quảng Ninh Province as well as Vân Phong Bay area in Khánh Hòa Province, to take immediate steps to control surging land prices.

A strong cash flow poured into large-cap stocks during the ATC trading session helped the benchmark VN-Index recover nearly six points, returning to level 1,170 points.

The Hanoi Stock Exchange (HNX) and the Moscow Exchange (MOEX) signed a memorandum of understanding (MoU) on April 10 to cooperate in capital market development.

National mobile network operator Vinaphone targets a pre-tax profit of VNĐ1.4 trillion (US$61.4 million) in 2018, a year-on-year increase of 6.7 per cent.

The capacity of the Vietnamese sugarcane industry is expected to improve with a co-operation deal between the Việt Nam Sugar Association (VSSA) and Coca-Cola Beverages Việt Nam Co Ltd.

State-owned glass and construction ceramic producer Viglacera will develop plans to reduce the State ownership in the firm to 36 per cent in May 2018.

The Ministry of Transport will auction 371.5 million share purchase rights, equivalent to 57.9 million additional shares, in Vietnam Airlines’ upcoming share issuance.

Fiscal consolidation, together with low inflation rates in 2018, are chief drivers for Việt Nam’s continuously stabilising macro economy in the context of rising global trade protectionism and turmoil, said the Asian Development Bank (ADB).