Việt Nam News

The Government needs to adapt for the Fourth Industrial Revolution (Industry 4.0) in order to be able to govern the country in the digital age, said Prime Minister Nguyễn Xuân Phúc.

VinFast factory will have 1,200 remote-controlled robots operating on nights and weekends. Võ Quang Huệ, Vingroup Deputy CEO-Automotive, shared with local media some thoughts about VinFast amid the technology revolution 4.0 on the sidelines of the Industry 4.0 Summit in Hà Nội last week.

Quảng Ngãi Sugar JSC plans to invest VNĐ916 billion (US$40.7 million), equal to 64 per cent ownership, in a new sugar refinery project.

PetroVietnam Power Nhơn Trạch 2 Corporation has reported that its post-tax profit for the second quarter of 2018 rose 41 per cent year on year to VNĐ269 billion (US$12 million).

Japanese steel firm Kyoei Steel has registered to purchase two million shares in Viet-Italy Steel JSC (VIS) to increase its ownership to 70.42 per cent.

Agriculture-farming group Hoàng Anh Gia Lai (HAGL) will finalise the list of shareholders on August 2 to collect feedback for the upcoming private share issuance, planned for six days later.

Việt Nam should undertake more ambitious reforms to tackle remaining distortions and capacity constraints, increase investment and reduce the external surplus amidst strong economic growth, the International Monetary Fund (IMF) recommended in its 2018 Article IV consultation with Việt Nam released recently.

Retail companies are racing to expand but are challenged by high rental costs in major cities.

The financial sector needs to work on a solution that helps reduce tax rates while still increase the total tax collection, said Deputy Minister Vương Đình Huệ.

Demand for the Vietnamese đồng has surged significantly recently, pushing up interest rates in the inter-bank market.

Vietnamese firms specialised in rice, coffee and spice are taking part in the 2018 Specialty and Fine Food Asia (SFFA 2018), which opened on July 17 in Singapore.

Up to 254.8 million tonnes of cargo were handled via seaports during the first half of this year, up 17 per cent year on year, the Việt Nam Maritime Administration (VMA) has reported.

Blockchain is the main basis for the fourth industrial revolution, is a “diamond mine” which Việt Nam needs to develop industries.

Shares rose for the fourth consecutive session on Tuesday with an improvement of liquidity, largely on the strength of a handful of banking and individual blue-chips.

Source India 2018, India's largest manmade fiber exhibition, is expected tol provide opportunities for Vietnamese textile firms to network and strengthen business relationships, Shri P. Harish, Ambassador of India to Viet Nam, said at a business meeting yesterday (July 17) in HCM City.

The Việt Nam Information and Communication Technologies Outlook (VIO 2018) seminar to be held in HCM City on July 25 and 26 is expected to provide IT companies and businesses with an opportunity to connect and expand the market for Vietnamese ICT products.

Cần Thơ City has listed 54 projects calling for foreign investment worth total VNĐ124 trillion (US$5.4 billion) at its upcoming investment conference, expected on August 9-10 this year.

Shares rose towards the end of Wednesday’s session as investors snapped up opportunities as positive first-half earnings reports came in.