Việt Nam News

Việt Nam Oil and Gas Group (PVN) exploited output of 6.45 million tonnes of oil in the first quarter of this year, five per cent higher than its quarterly plan.

The People’s Committee of Hải Phòng city signed a deal with national flag carrier Vietnam Airlines on Monday to promote the northern port city and its people abroad.

Trading liquidity of the government bond market may increase once the State Treasury of Việt Nam is able to buy and sell bonds, a State Securities Commission (SSC) official said.

Việt Nam will soon issue quality and technical regulations for wood glues to better control this input material for the wood processing industry, according to the Ministry of Agriculture and Rural Development.

Some commercial banks have entered a new interest rate hike race to lure medium- and long-term deposits, pushing the rate to a record high of more than 9 per cent per year.

Trade promotion becomes more and more important because it has affected to production, and trade promotion should be renovated, an official said.

The Ministry of Industry and Trade has denied reports that a rice company had to pay US$20,000 for a rice export licence.

The equitisation of State-owned enterprises has been an attractive target for foreign investors, however, there are still challenges that discourage them from participating in those deals.

With its knowledge and experience in agriculture, the Netherlands is eager to join hands with Việt Nam to improve the quality and efficiency of its agriculture, a business forum on Agriculture-Innovation in Việt Nam heard in HCM City on Monday.

Shares rose on the two local exchanges on Monday, driven by high investor confidence on expectations of positive earnings reports from listed companies.

The Small and Medium Business Support Corp (SBC) said on Sunday that it has set up co-operation channels with key Asian countries, including Việt Nam, as part of its ongoing efforts to bolster region-wide growth.

The Bình Thuận Province Alliance of Dragon Fruit Production, Processing and Export Co-Operatives has exported a consignment of more than 163 tonnes of dragon fruit to the UAE.

The governor of the State Bank of Việt Nam has set up a steering committee to boost financial technology, or fintech, in the country.

Safeguard duty on monosodium glutamate imported into Việt Nam will be lowered from March 25, 2017, according to a decision issued recently by the Ministry of Industry and Trade (MoIT).

Around VNĐ164.8 billion (US$7.16 million) will be earmarked for technology transfer in the fisheries sector during the 2017-20 period to help in its restructuring.

India will lift its suspension of the import of some Vietnamese agricultural products, which was enforced on March 7.

Strategic investors may be able to sell their shares in a State-owned enterprise (SOE) three years after the firm is equitised, according to the finance ministry.

The construction of a VNĐ300 billion (US$13.19 million) entertainment complex in Rạch Giá City in Mekong Delta’s Kiên Giang Province started on Saturday.