VN insurance benefits from foreigners

The participation of foreign investors in Việt Nam’s insurance market will develop the market while enriching domestic insurers with experience and governance.

Gov’t tightens diplomatic car imports

Deputy Prime Minister Vương Đình Huệ has asked ministries to strengthen the management of temporary import of cars of individuals who enjoy privileges and tax exemptions in Việt Nam.

Việt Nam to produce hot rolled steel this year

Việt Nam’s steel industry will be able to produce enough hot-rolled steel in 2018 to meet local demand. Before, the nation had to import millions of tonnes of hot-rolled steel products every year.

Trade counsellors a vital bridge: PM

Prime Minister Nguyễn Xuân Phúc has urged trade counsellors to assist domestic businesses by providing information about foreign markets, promoting trade and investment activities, and increasing sales of Vietnamese products abroad. 

VN leads in phone e-commerce growth

Việt Nam is the fastest-growing market in South East Asia in terms of mobile e-commerce growth, says the latest report on Southeast Asia’s 2017 e-commerce status by iPrice.

640 firms earn quality certificates

The Business Association of High-Quality Vietnamese Products conferred its recognition on 640 businesses at a ceremony held in HCM City on February 7.

Shares rebound as investors bargain-hunt

Vietnamese shares posted a strong comeback on Wednesday as investors were calmed by market regulators and bottom-fishing was triggered for worst-hit companies during the previous two-day collapse.

VNPT sells finance subsidiary to SeABank

Vietnam Posts and Telecommunications Group (VNPT) sold its finance subsidiary Post and Telecommunication Finance Company Ltd (PTF) to SeABank at a recent auction.

Banks recruited thousands of employees in 2017

Together with high profits of a trillion đồng at the end of 2017, domestic commercial banks reportedly hired thousands of employees to boost their performances and seize new opportunities.

Eximbank’s profit up 160% in 2017

Việt Nam’s Export Import Commercial Joint Stock Bank (Eximbank) posted a pre-tax profit of VNĐ1.017 trillion (US$44.6 million) last year.

Việt Nam Rubber Group eyes profit rise

Việt Nam Rubber Group targets an 8 per cent rise in revenues and 33 per cent rise in pre-tax profits this year, Nguyễn Tiến Đức, its deputy general director, said on February 7.

HCMC farm production shoots up

The average production value per hectare of agricultural land in HCM City has increased year after year even as the area shrank, according to the city Department of Agriculture and Rural Development.

Wealth inequality drags growth: experts

As the world faces a crisis in wealth distribution, some experts doubt if the accumulation of capital will encourage innovation and investment, but instead, lead to multiple tax burdens and increase the gap between rich and poor.

Lots of airline seats still open

 As the Tết holiday draws closer, the Vietnamese aviation industry is scrambling to meet peak demand by increasing the number of flights.

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