Việt Nam News

The number of new firms in February was estimated to reduce 41.5 per cent month on month to 5,900 due to the Lunar New Year holiday, according to the General Statistics Office (GSO).

Lotte Vietnam Finance Company Limited (Lotte Finance) has become the first Korean financial institution to become an official member of the Việt Nam Banking Association (VBA).

South Korea’s Nonghuypbank is looking at becoming a strategic investor in Agribank as it is due to make an initial public offering (IPO) at the end of this year.

HFT Securities Corporation has selected South Korea-based Hanwha Investment and Securities Co as its foreign investor allowed to buy more than 25 per cent of its charter capital without a public bid.

A wide range of products and technologies related to the processing and packaging industries will be on display at the 2019 ProPak Vietnam, a major annual exhibition, to be held in HCM City from March 19 to 21.

The Vietnamese automobile industry is expected to grow well, driven mainly by an increase in per capita income, demand for cars, and infrastructure improvement

Long Hậu Corporation officially commenced construction of its first hi-tech ready-built factories for rent on Thursday.

Việt Nam is a potential market for Australian table grapes because of its growing middle class, rapid economic growth and the increasing purchasing power of Vietnamese consumers.

On the sidelines of the DPRK-USA Hanoi Summit on Wednesday, three Vietnamese airlines signed deals with US firms worth more than US$21 billion. They purchased 110 Boeing aircrafts and inked long-term service maintenance and aviation technology agreements. Việt Nam News reporters spoke with economic experts and investors about the future of bilateral trade relations between Việt Nam and the US.

Preferential policies should be granted more selectively, targeting FDI businesses with effective operation rather than the scale of investment, Deputy Prime Minister Vương Đình Huệ said at a working session with the Ministry of Finance in Hà Nội on February 28.

Future trends of the Vietnamese retail market, including the use of digital and AI, were discussed by more than 400 retail experts at a seminar organised in HCM City yesterday (Thursday) by Vincom Retail Joint-Stock Company.

The central city’s People’s Committee said it had granted licences to seven foreign direct investment projects worth US$419.39 million, and agreed investment research for 15 other projects worth an estimated $2.6 billion.

Vietnamese shares were hit hard on Thursday as a no-deal summit between the US and the Democratic People’s Republic of Korea (DPRK) struck investors hard and spread a massive sell-off across the trading board.

The Ministry of Finance on Thursday appointed Nguyễn Như Quỳnh, member of the board of directors at the Hà Nội Stock Exchange, as the new deputy chairperson of the northern market bourse.

Elsa Speak, an English learning application, has successfully raised US$7 million in funding from Google and Silicon Valley in the US.

An estimated 1.59 million foreigners visited Việt Nam in February, a month-on-month increase of 5.8 per cent, according to the General Statistics Office.

The Department of Agriculture and Rural Development of the southern province of Vĩnh Long is joining with the Green Path Việt Nam Trading and Import-Export Company to increase mango exports to the US.

Foreign and domestic reporters working at the International Media Center in Hà Nội during the ongoing DPRK – USA Hanoi Summit will receive free domestic airline tickets and accommodation at a five-star resort.