Việt Nam News

Việt Nam's pepper farmers are on pins and needles as pepper prices continue to decline. The industry, once known for its high profit margins, is in crisis due to unsustainable development, lack of strict control over production and unforeseeable speculation. 

Nineteen European food and beverage (F&B) companies are visiting Việt Nam to explore partnerships with local importers and distributors.

Online shopping has increased significantly in Việt Nam, especially by young consumers, according to the High Quality Vietnamese Product Business Association.

As Việt Nam’s maritime industry grows, it will have a profound impact on the economy, tourism and trading and ultimately boost economic growth.

An update on the securities law this year focuses on nine targets in the hope of giving a boost to the development of the securities market as well as the broader financial sector.

Việt Nam ran a trade deficit of US$300 million in January due to soaring imports.

The southern province of Bạc Liêu should focus on super intensive, high-tech shrimp farming to become the nation’s shrimp hub, Prime Minister Nguyễn Xuân Phúc told an investment conference in Bạc Liêu City yesterday.

Vietnamese shares rose slightly on Tuesday after falling during the morning session, due to investors’ profit-taking attempts that hit large-cap stocks in the brokerage, real estate and construction sectors.

The State Securities Commission (SSC) has warned about the risks arising from investing in financial technology (fintech).

Trade promotion programmes helped generate more than US$583 million in contract value and transactions in 2017, according to the Việt Nam Trade Promotion Agency (Vietrade).

Việt Nam can fully meet Qatar’s demand for tropical fruits, said Minister of Agriculture and Rural Development Nguyễn Xuân Cường.

Việt Nam maintained its position as an important investment destination for Japanese companies, with some 70 per cent of operational Japanese-invested firms making plans for business expansion here.

Many banks have planned to set up more branches and transaction offices in the early days of the new year to seize new business opportunities.

Thousands of Japanese goods imported into Việt Nam will enjoy a zero percent tariff, in line with the Southeast Asian country’s commitments to lower tariffs, as outlined in the Việt Nam - Japan Economic Partnership Agreement (VJEPA) and the ASEAN - Japan Comprehensive Economic Partnership Agreement (AJCEP) for 2016-19.

As of January 20, FDI projects disbursed $1.05 million, 10 per cent higher than the same period last year.

Shares declined on the HCM Stock Exchange (HOSE) yesterday, dragged down by blue chips despite rising demand on the southern bourse.

The State Bank of Việt Nam (SBV) has issued a document asking credit institutions and branches of foreign banks to push the resolving of non-performing loans in 2018.

Despite concerns from economic experts about the undetermined scale and scope of Việt Nam’s undocumented market transactions, authorities are adamant that the illicit economy is under control and will soon be regulated heavily.