Việt Nam News

Five domestic airlines reported nearly 5,000 delayed or cancelled flights, accounting for 17 per cent of the total operated flights, in the first two months of the year.

Disbursement of public investment was low in the first two months of this year partly due to the impacts of the nine-day Tết holiday, according to a Ministry of Finance report.

Registration fees for pickup trucks and vans will be raised to 6 per cent of the vehicles value from the current rate of 2 per cent from April 10, according to a revised Government decree.

Despite likely hurdles, export of marine products is expected to rise by 17 per cent to US$3.5 billion this year, according to the Việt Nam Association of Seafood Exporters and Producers (Vasep).

HCM City has a surplus of houses for relocated residents, but severely lacks social housing.

The prices of oil and petrol have climbed nearly VNĐ1,000 (US$0.043) per litre folowing the latest adjustment by Ministry of Finance and the Ministry of Industry and Trade on Saturday.

Many market experts and securities companies agree that the imposition of the new derivative fees help regulate and select cash flow in the underlying stock market.

Analysts have recently been bombarded with a question by investors: will bank shares continue to be attractive this year?

The national industrial production index (IIP) in February was estimated to decrease by 16.8 per cent over the previous month due to the Lunar New Year holiday, according to the General Statistics Office (GSO).

The HCM City Real Estate Association has proposed social housing lending rates to be lowered to 3-3.5 per year to create favourable conditions for low-income earners to afford homes.

Economic experts and scientists gathered at a meeting chaired by Prime Minister Nguyễn Xuân Phúc in Hà Nội Saturday to work on documents on socio-economic development strategies to be summited to the 13th National Party Congress.

Vietnamese shares are forecast to advance in March as investors may seize the chance to invest in companies that are about to provide clearer visions for 2019 at their annual shareholder meetings.

Việt Nam is in the early stages of developing renewable energy sources and needed to introduce more incentive policies to attract more investment, experts have said.

The State Bank of Việt Nam (SBV) has urged credit institutions to ensure adequate funds to meet the capital demands of rice exporters for the winter-spring crop this year.

A series of co-operation agreements were signed during a conference on marketing to promote Vân Đồn International Airport in the northern province of Quảng Ninh last week.

Thái Bình Xanh JSC and the Finnish group Poyry on Friday held discussions with Quảng Trị provincial People’s Committee on a paper mill project, worth VND11.6 trillion (nearly US$500 million).

The Fourth Industrial Revolution could increase Việt Nam’s GDP by between US$28.5 billion and $62.1 billion – equivalent to a rise of 7 to 16 per cent – by 2030, Director of the Central Institute for Economic Management (CIEM) Nguyễn Đình Cung said at a seminar in Hà Nội on Friday.

Việt Nam saw a trade deficit of US$84 million in the first two months of this year, according to the General Statistics Office (GSO).