Work starts on Sông Khoai IZ

Construction of Sông Khoai Industrial Zone (IZ) kicked off last week in Quảng Yên town in the northern province of Quảng Ninh.

PV Oil estimates 2018 revenue at $2.5b

PetroVietnam Oil Corporation (PV Oil) estimates its total revenue in 2018 may reach VNĐ57 trillion (US$2.5 billion), beating its forecast by 15 per cent.

PM works with advisory team on 2019 growth targets

Prime Minister Nguyễn Xuân Phúc and his economic advisory team discussed measures to tackle shortcomings and realise the 7-percent growth target set for 2019 at a session in Hà Nội on Saturday.

Banks earn increasing profits from services

In the first nine months of the year, the Joint Stock Commercial Bank for Foreign Trade of Việt Nam (Vietcombank)’s pre-tax profit exceeded the full-year 2017 figure and closed in on the year’s target.

Air fares rise ahead of Tết holiday

Travellers preparing for the Tết (Lunar New Year) holiday are facing higher fares and a shortage of tickets, with some flyers having to book late evening flights, or book early or late, to save money on domestic routes.

FDI firms expand in local textile-garment sector

Việt Nam had become increasingly appealing to large foreign investor groups in the textile and garment industry who wanted to seize opportunities before the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) takes effect in January next year, according to analysts.

VN-Index drops for eighth session

VN-Index fell for an eighth consecutive session on Monday due to increased selling pressure at the end of the trading session.

 

Việt Nam targets high-tech FDI for development

Việt Nam would continue encouraging foreign investments in the long term, with focus on high-tech projects and modern governance in a move to expand export markets, join global supply chains and enhance competitiveness.

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