Việt Nam News

The Ministry of Transport plans to spend VNĐ350.5 trillion (US$15.4 billion) to develop the country’s aviation industry from now until 2030.

Prime Minister Nguyễn Xuân Phúc on Friday demanded the Government find solutions to support domestic businesses amid constant policy changes from the world’s biggest economies.

With the urban green growth development plan to 2030 recently approved by Prime Minister Nguyễn Xuân Phúc, Việt Nam is hastening the transformation of its urban economic growth model towards green growth and climate change adaptation.

Shares of the State-owned Việt Nam Rubber Group fetched an average of VNĐ13,011 (US$ 58 cents) as its initial public offering went undersubcribed yesterday (February 2), according to the HCM City Stock Exchange.

There are plenty of opportunities for Việt Nam and South Korea to collaborate in the power sector, including renewables, a forum heard in HCM City yesterday.

A detailed plan on logistics development, especially on transport connectivity, is needed to set goals for industrial production, agriculture and imports-exports, experts have urged.

The domestic property market reported more sales in January compared to December, according to the Ministry of Construction’s Housing and Property Market Management Department.

Authorities in central Khánh Hòa Province have called for improvement in land management in Vạn Ninh District, which is ready to become Bắc Vân Phong special administrative economic unit.

Việt Nam and Korea agreed to further boost bilateral co-operation in industry, trade and energy at a joint committee meeting held in HCM City on February 2.

The PAN Group’s agriculture business, PAN Farm JSC, has completed its public bid for nearly 11.5 million shares, an equivalent to 29.47 per cent in Sao Ta Foods JSC, lifting its ownership here to 34.17 per cent from 4.7 per cent.

Accelerating agricultural restructuring towards large-scale and high-tech production became critical for the sector involving 70 per cent of the country’s population but contributing just below 20 per cent of the country’s gross domestic product (GDP).

The Government mobilised VNĐ19.36 trillion (US$849 million) through 12 Government bond (G-bond) auctions in January, up 63.3 per cent against the previous month.

Several Vietnamese companies have introduced Việt Nam’s cultural features, natural landscapes and cuisine to visitors at the 60th Brussels Holiday Fair that is being held in Belgium’s capital city from February 1 to February 4.

The Việt nam Air Traffic Management Corporation (VATM) on Friday signed a contract with the US’ Mitre Corporation for technical assistance to develop air traffic flow management in Việt Nam.

Vietnamese shares recovered on Thursday after dipping for two consecutive sessions, due to strong investor interest in large-cap stocks that led the market upturn on expectations of good earnings reports.

Asian Development Bank (ADB) on Friday signed a US$100 million loan agreement with China Everbright International Limited (CEIL).

Blockchain technology can bring revolutionary changes to the real estate sector in many aspects of the world market, including Việt Nam, according to Savills Vietnam’s press release.

Improvements in corporate governance and risk management are believed to support microfinance institutions in Việt Nam in catering to the financial needs of micro-enterprises and low-income groups.