Việt Nam News

The People’s Committee of the northern mountainous province of Lào Cai has proposed the Ministry of Transport construct an airport in Sapa with total capital investment of nearly VNĐ5.8 trillion (US$252 million).

The southern province of Kiên Giang has listed three projects in Phú Quốc island district that are in urgent need of investment.

More and more businesses are exporting livestock and poultry meat, opening up great prospects for the livestock sector.

The Vietnamese Business Club in the Republic of Korea (VBCK) made its debut at a ceremony in Seoul on July 7, drawing the attendance of hundreds of Vietnamese and Korean businessmen.

Market adjustments over the past few weeks has brought many stocks down to attractive price levels compared to the beginning of the year, but investors should remain cautious.

Đà Nẵng Port handled more than 774,000 tonnes of cargo in June, the highest amount so far, according to Việt Nam National Shipping Lines (Vinalines).

Domestic businesses should closely monitor the market situation, prepare to adjust their operations and redefine export markets to avoid negative impacts and capitalise on opportunities from the US-China trade war, officials and experts recommended.

Many small, new businesses in the Cửu Long (Mekong Delta) province of Bến Tre have grown big and started to build value chains for local products thanks to the local government’s efforts to promote entrepreneurship.

A majority of credit institutions in the country expect an upward trend in their business in the remaining months of the year, after making improvements in the first half of 2018, according to a survey released on Thursday by the State Bank of Việt Nam.

The Vietnamese cashew sector is calling for an US$800 million credit package from commercial banks to better serve its exports, as heard at a seminar held in HCM City late last week. 

Last month, Toyota Việt Nam unveiled the recommended retail prices for its first shipment of cars imported from Indonesia at zero tax, and most of them are higher than before the policy of zero tariffs took effect.

The derivatives market has grown strongly over the last three months as investors switch from stocks to derivatives to avoid short-term risks on the stock market.

The province is now home to over 440 investment projects, including 23 foreign-invested, with total registered capital of US$763 million.

Work started on the country’s most modern poultry processing plant costing an estimated US$14 million in the central province of Thanh Hóa on Friday.

The agreement between HUBA and AmCham is one of the first steps to improve bilateral cooperation to support their member entrepreneurs and businesses in transferring technology, expanding investment chances and developing the market in the two countries

The Government should create an ecosystem and suitable environment for new products and services as well as pioneer their use to promote the development of contactless payment methods. This could be a foundation for building e-government in Việt Nam.

Accounting is one of the leading fields in the application of information technology, said Đặng Văn Thanh, chairman of the Việt Nam Association of Accountants and Auditors (VAA).

Brian Spence, our expat financial services expert, shares his wisdom on how to make a start-up business a success.