Enterprises need to up their game to join global value chain

Vietnamese enterprises’ ability to take part in the global value chain will depend on the quality of their products and a willingness to use advanced technology, speakers said yesterday (Nov 28) at the Việt Nam Export Forum 2018 held in HCM City.

VN’s food safety demand an opportunity

Increasing demand for safe and traceable foods is throwing up plenty of opportunities for food producers, the 7th IFC International Food Safety Forum heard in HCM City on November 28.

14 firms win Vietnam HR Awards

Fourteen local and multinational companies were honoured for their human resource strategies at the 2018 Vietnam HR Awards in HCM City on November 27 (Tuesday).

Circle K Vietnam unveils big promotion

Circle K Vietnam will launch its biggest promotion campaign of the year with total prizes worth more than VNĐ4 billion (US$171,580) from November 29 to December 31.

City hosts cyber security conference

Experts shared their experiences and discussed solutions to strengthen information and cyber security at a conference in HCM City on Wednesday.

VIB allowed to apply Basel II

Vietnam International Bank (VIB) has received approval from the State Bank of Việt Nam (SBV) to apply capital adequacy ratio following Basel II standards.

VN Index rallies for third day

Last-minutes purchases helped Vietnamese shares rise for a third straight day on the Hồ Chí Minh Stock Exchange (HoSE) with strong growth of Viecombank and brewer Sabeco.

Forestry export value up almost 17% in 11 months

Việt Nam gained an estimated US$8.49 billion in the first 11 months of this year from the export of forestry products, according to the Ministry of Agriculture and Rural Development’s Việt Nam Administration of Forestry (VAF).

November sees trade deficit of $400 million

Việt Nam reported a trade deficit of US$400 million in November, equivalent to 1.9 per cent of total export value, according to the General Department of Việt Nam Customs.

Reinforced concrete plant inaugurated

The Hinokiya Resco Construction Việt Nam Company (HRC Việt Nam) officially inaugurated its HRC Factory in the northern port city of Hải Phòng’s Thủy Nguyên District on Tuesday to produce reinforced concrete products.

Industry 4.0 to boost GDP by $62.1 billion: CIEM

The benefits of Industry 4.0 may add between US$28.5 billion and $62.1 billion to Việt Nam’s gross domestic product (GDP) by 2030, according to a report by the Central Institute for Economic Management (CIEM).

Call to improve admin procedures

Việt Nam Chamber of Commerce of Industry (VCCI), representing businesses nationwide, yesterday urged taxation and customs sectors to further reform administrative procedures.

ViettelPay information security certified

Viettel Pay’s digital banking service has received the certificate of the Payment Card Industry Data Security Standard, the international information security standard for organisations that handle branded credit cards.

Food Hotel Hanoi 2018 opens

The three-day event is showcasing food, beverage and related products. In addition, the exhibition will also display a range of equipment for the food, beverage, restaurant and hotel industries. This is the first time Việt Nam’s leading food and hospitality trade event has been held in the capital city after eight exhibitions in HCM City.

Forex lending to continue next year

The State Bank of Việt Nam (SBV) is drafting a new circular on foreign currency lending, allowing credit institutions and foreign bank branches to extend loans to some borrowers in 2019 instead of cutting them off at the end of this year as planned.

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