Việt Nam News

The central city’s radio and television station has sighed a Memorandum of Understand with the a South Korean Broadcasting Corporation. The plan is, to work closer together to improve TV programming and staff training between DaNangtv, and Daegu Broadcasting Corporation.

Cooperatives play an important role in improving the capacity and position of the economy. However, statistics of the Viet Nam Cooperative Alliance (VCA) show that only some 2 per cent of cooperatives have access to loans, while most still manage by themselves.

Việt Nam’s fintech market is estimated to increase from US$4.4 billion last year to $7.8 billion by 2020, driven by rising bank penetration, according to research of Solidiance.

Việt Nam-Russia oil and gas exploration joint venture (Vietsovpetro) has appointed Nguyễn Quỳnh Lâm as the new general director of the company.

The US Department of Commerce (DoC) has decided to levy import tax on steel produced in Việt Nam using Chinese-origin substrate.

Auto businesses are concerned about Việt Nam’s future policy orientation with regard to the auto industry, which they think will affect their business strategy.

HCM City aims to have 40 per cent of retail sales through modern distribution channels like malls and supermarkets by 2020, and 60 per cent a decade later.

The European Union (EU) market was the largest export market of Vietnamese shrimp in the first quarter of this year, according to Việt Nam Association of Seafood Exporters and Producers (VASEP).

Leading business conglomerate Vingroup, one of the nation’s largest real estate developers and a retail sector giant, targets 34 per cent and 50 per cent increase in revenue and net profit, respectively, this year.

Close geographic distance, fast economy growths, large and young populations have been facilitating trade ties between India and CLMV countries.

Shares underperformed on Monday as money continued to withdraw from the market in face of a downtrend.

In the first four months of the year, HCM City’s Index of Industrial production (IIP) increased by 6.07 per cent compared to the same period last year, according to the city’s Department of Industry and Trade.

Siemens has identified Asia as an important future market as the rapidly developing region is in need of efficient and cost-effective power generation technologies – an area in which the German engineering giant prides itself as a leading global supplier.

The southern province of Đồng Nai attracted nearly US$690 million in 76 newly licensed and existing foreign-invested projects up to May 17.

As of May 15, Việt Nam’s export turnover reached US$82.63 billion, a year-on-year increase of 18.7 per cent, according to the statistics of the General Department of Việt Nam Customs.

Export of squid and octopus to Russia has increased sharply since early this year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Many other companies too have opted to go down the equity path to raise funds rather than borrow from banks. Intriguingly, many of them have sold their stakes to strategic partners at several times higher than the market price.

The Ministry of Finance (MoF) has drafted a circular on rules and methods of collecting information and reporting market prices of some domestic goods and services.