Việt Nam’s cashew nut exports are forecast to surpass the US$3 billion benchmark for the first time in 2017 thanks to increasing shipments in the first ten months of the year.
Total assets of Việt Nam’s banking system reached more than VNĐ9.25 quadrillion (US$407.5 billion) by the end of August, an increase of 8.79 per cent over the beginning of this year, statistics from the State Bank of Việt Nam (SBV) show.
As importing countries impose trade barriers to protect their goods and products, they often utilise trade remedies against exporting countries. There are short-term solutions for exporters, like Việt Nam. But in the long run, enterprises still need strategic planning and specific steps to overcome trade barriers in order to increase exports and develop sustainably.
The number of international visitors to Việt Nam in the first 10 months of 2017 was estimated at 10.47 million, marking a year-on-year surge of 28.1 per cent.
The central province of Thừa Thiên-Huế has attracted 11 more projects with total registered capital of over VNĐ2.18 trillion (US$96 million) during the first ten months of this year.
Before the year’s end, the stock market will receive a series of initial public offering (IPO) shares by State owned enterprises (SoEs), including large-scale and capitalized companies, likely to attract cash flow in the stock market, and act as an opportunity for investors to measure business growth for future investments.
Vietnamese exporters of farm produce must learn more about food-safety requirements and maximum residue limits (MRL) of importing countries, experts said at a workshop held in HCM City on Thursday.
Shares declined on the HCM Stock Exchange on Thursday as the market was hit by poor investor confidence due to a lack of supportive information and by intraday profit-taking.
Korean corporation scouts for investment opportunities in Cần Thơ
From December 1, 2017, Vietnamese who can show a minimum income of VNĐ10 million (US$440) per month are eligible to gamble at a casino.
Vietnam Manufacturing Purchasing Managers' Index (PMI) dipped to 51.6 in October, from 53.3 in September, with weaker increases in output, new orders and employment, according to Nikkei’s IHS Markit report.
The total revenue from retail sales and services topped US$142.9 billion during the first 10 months of 2017, surging 10.7 per cent year-on-year, according to the General Statistics Office (GSO).
The Investment and Industrial Development Corporation (Becamex IDC) will float over 311.2 million shares, equivalent to 23.63 per cent of its charter capital, in its initial public offering (IPO) on December 1 on the HCM Stock Exchange.
State and local enterprises should pay attention to train workers during the fourth Industrial Revolution to reduce ability of dismissing them, said experts.
In the next few months, tax payments for customs clearance will be made available online, round-the-clock.
British Prime Minister’s Trade Envoy to Việt Nam, Edward Vaizey, tells Vietnam News Agency’s Phạm Diễm Quỳnh in an exclusive interview that one of his top priorities is to make sure the British government realises how important it is to conclude a free trade agreement with Việt Nam because it is one of the fastest growing and most dynamic economies in Asia.
Shares rebounded on the HCM Stock Exchange on Wednesday as large-cap stocks returned to positive territory. The overall market trading conditions remained negative, however, and signaled more volatility in the near future.
The European market has high demand for honey, offering great opportunities for Vietnamese honey producers to boost exports.