Foreign reserves at record $57b

State Bank of Việt Nam (SBV) continues to build up its foreign exchange reserves to cushion external shocks, raising the fund to more than US$57 billion till February 6.

VN paper imports up last year

Việt Nam imported US$682.1 million worth of paper products last year, a year-on-year increase of 10.86 per cent, reported the Việt Nam General Department of Customs.

HAG and its agribusiness unit face probable delisting

The HCM Stock Exchange has warned Hoàng Anh Gia Lai JSC (HAG) and its agribusiness arm, Hoàng Anh Gia Lai Agricultural JSC (HNG), of probable delisting if they fail to submit the financial statements for 2017.

VNPT helps Directorate of Fisheries improve management

The Directorate of Fisheries (DoF) under the Ministry of Agriculture and Rural Development has signed a cooperation agreement with Việt Nam Posts and Telecommunications Group (VNPT) for applying information technology (IT) in fishery resource management.

VinFast opens technical training centre

VinFast Manufacturing and Trading Company Limited has launched a Training Centre for Mechatronics and Mechanical Engineering in Đình Vũ-Cát Hải Economic Zone in the northern port city of Hải Phòng.

Real Estate Association urges real estate firms to list

The HCM City Real Estate Association (HoREA) has recommended real estate companies transform themselves into publicly listed joint-stock businesses so they are able to seek greater funding to improve business performances in 2018.

VN insurance benefits from foreigners

The participation of foreign investors in Việt Nam’s insurance market will develop the market while enriching domestic insurers with experience and governance.

Gov’t tightens diplomatic car imports

Deputy Prime Minister Vương Đình Huệ has asked ministries to strengthen the management of temporary import of cars of individuals who enjoy privileges and tax exemptions in Việt Nam.

Việt Nam to produce hot rolled steel this year

Việt Nam’s steel industry will be able to produce enough hot-rolled steel in 2018 to meet local demand. Before, the nation had to import millions of tonnes of hot-rolled steel products every year.

Trade counsellors a vital bridge: PM

Prime Minister Nguyễn Xuân Phúc has urged trade counsellors to assist domestic businesses by providing information about foreign markets, promoting trade and investment activities, and increasing sales of Vietnamese products abroad. 

VN leads in phone e-commerce growth

Việt Nam is the fastest-growing market in South East Asia in terms of mobile e-commerce growth, says the latest report on Southeast Asia’s 2017 e-commerce status by iPrice.

640 firms earn quality certificates

The Business Association of High-Quality Vietnamese Products conferred its recognition on 640 businesses at a ceremony held in HCM City on February 7.

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