The consumption of farming products is expected to face difficulties this year, with increased competition in the global market.

E-commerce is a potential goldmine for businesses over the next two years with a potential reach of US$10 billion.

But it also offers opportunities for counterfeit and smuggled goods, a conference in the north-eastern province of Quảng Ninh was warned on Monday.

The Vân Đồn economic zone (EZ) in northern Quảng Ninh Province will be developed into a dynamic economic hub with a focus on tourism development and production of high-quality products and services and an international trade centre for the region.

Though the Government plans to increase its renewable energy capacity, Việt Nam’s power industry is forecast to see a rise in coal-powered generation as the cheap and reliable source remains the most feasible option to meet the country’s rapidly rising power demands.

Petrol and oil firms should focus more on investor relation (IR) activities to improve transparency, achieve fair-valuation securities and boost corporate governance. That was the message heard at a conference held by the Việt Nam Oil and Gas Group (PVN) in Hà Nội on Tuesday.

Power prices will increase by an average of 8.36 per cent at the end of this month, said deputy minister of Industry and Trade (MoIT) Hoàng Quốc Vượng on Tuesday.

Owners of land plots who want to divide them for eventual sale have been waiting for months to hear from officials since a new regulation on land division took effect a year ago in HCM City. 

The country’s total retail sales and services revenue rose 12.2 per cent year-on-year to VNĐ793.8 trillion (US$35.2 billion) in the first two months of this year.

Shares retreated on Tuesday on the two national stock exchanges as strong selling forces increased during the session, weighing down many blue-chips.

HCM City authorities have developed plans to ensure pork supply for city residents after swine fever was detected in pigs in the northern city of Hải Phòng in late February.

The Dung Quất Oil Refinery Plant, operated by the Binh Son Refining and Petrochemical Company (BSR), produced more than 1.1 million tonnes of products in the first two months of 2019 using 108 percent of its designed capacity.

The central province of Quảng Trị has approved in principle investments into six energy projects including four wind power and two solar plants with total capital of more than VNĐ7.4 trillion (US4$318.4 million) in the first two months of the year.

The Asian Development Bank (ADB) and the Ministry of Finance on Tuesday signed a US$188 million loan for a project which aims to improve roads between the Nội Bài – Lào Cai – Expressway and northwestern provinces.

VinFast will introduce its first Lux SUV model at the Geneva Motor Show 2019 in Switzerland, one of the most exciting displays of auto engineering and design in the world, from March 7-17.

Business magazine Forbes Vietnam published the list of its 50 most influential women in Việt Nam in 2019 on Monday.

Việt Nam’s cassava exports dropped sharply in terms of volume and value during the first two months of this year, mainly due to falling demand in China.

The Chân Mây-Lăng Cô Economic Zone (EZ) in the central province of Thừa Thiên-Huế has attracted nearly 50 projects with total registered investment capital of more than VNĐ76 trillion (UU$3.26 billion).

AmorePacific will open small shops to offer Vietnamese consumers products and improve brand awareness.