Việt Nam News

Việt Nam is a promising market for fintech companies thanks to its young demographic, strong e-commerce growth, and growing smartphone and internet penetration, a conference heard in HCM City on Thursday.

Amid increasingly sophisticated and complex intellectual property (IP) violations, Vietnamese businesses remained slow to register their products and protect their rights, said experts.

The 2019 Coffee Expo Vietnam, the most prominent commercial event in the coffee, tea and bakery sectors, opened on Thursday in HCM City, attracting 80 brands from eight countries and territories.

The VN-Index on the Hồ Chí Minh Stock Exchange dropped 0.21 per cent to end Thursday at 998.82 points.

The exhibition also includes Vietnamese start-ups through support programmes from the Ministry of Science and Technology.

The Vietnam Airlines Group, listed as HVN, made consolidated pre-tax profit of nearly VNĐ3.3 trillion (US$141.8 million) in the first nine months of this year, according to a financial report released on Thursday.

A conference on connecting supply and demand of agricultural, forestry and seafood products was held on October 31 in Bình Dương Province by the People's Committee of Bình Dương and the Ministry of Industry and Trade.

A royal antique car decorated with durian fruit and a banner that read “Vietnamese Durian” travelled around the centre of Sydney on October 29 as part of a campaign to promote the fruit in Australia.

Hyundai Card’s officers will be responsible for the finance while MSB staff will take care of sale and operation in the post-merger business.

Việt Nam is making efforts to adapt to new technologies in the fourth industrial revolution (Industry 4.0) across all sectors. President and CEO of General Electric (GE) Asia Pacific Wouter Van Wersch shared his views with Viet Nam News reporter Thu Giang about Việt Nam’s readiness to participate in the digital economy and GE’s action plan in the country.

The private sector was the main driver of growth for Việt Nam in the first nine months this year, a conference held by the Central Institute for Economic Management (CIEM) heard on Wednesday in Hà Nội.

General Director of Vietnam Customs Nguyễn Văn Cấn. Bà Rịa-Vũng Tàu Province's customs department has seized an aluminum shipment worth more than US$4 billion en route to the US. Photo laodong.vn

Reducing smuggling of sugar into Việt Nam requires strengthening of preventive measures and co-ordination among relevant agencies, further lowering of sugar production costs and requiring sugar to have clear origin details among other things, a seminar heard in HCM City on Wednesday.

The benchmark VN-Index on the Hồ Chí Minh Stock Exchange increased 0.50 per cent to end Wednesday at 1,000.89 points.

Tô Ngọc Ngời, General Director of VinaFor Saigon said his company has imported New Zealand Radiata pine since 2001. For over 19 years, this wood species provides a sustainable and reliable source of timber material for Vietnamese furniture manufacturers.

Nigeria looks forward to working together with Việt Nam, especially in the fields of agriculture, machinery and information technology.

National flag carrier Vietnam Airlines officially opened a new direct route connecting HCM City and Haikou city in China’s southern province of Hainan.

Increased use of digital payments has the potential to add US$72 million annually to the central city of Đà Nẵng’s economy, according to the latest study from Visa, “Cashless Cities: Realising the Benefits of Digital Payments".