Agriculture is a key field of co-operation between India and Việt Nam, especially the Mekong Delta region – the largest granary in the country, said an official.

Việt Nam and Italy should promote investment and cooperation in tourism and aviation, Prime Minister Nguyễn Xuân Phúc said at a meeting with Italian Deputy Minister of Economic Development Ivan Scalfarotto in Hà Nội yesterday.

Car maker Trường Hải Automobile company (Thaco) has opened a new bus plant in the Chu Lai-Trường Hải Industrial Complex in Quảng Nam Province. It will make 20,000 buses and minibuses a year from 2018, mostly for export to ASEAN countries.

Italy wants to boost its investment in Việt Nam, focusing on providing more advanced technology equipment at competitive prices, while also supporting the country’s sustainable development with infrastructure and renewable energy projects, said Ivan Scalfarotto, Italian deputy minister of economic development.

The export turnover of Vietnamese timber and timber products is estimated to hit US$8 billion this year, 10 per cent higher than the target, according to the Ministry of Agriculture and Rural Development.

Construction of a wind power plant worth nearly VNĐ1.5 trillion (US$66 million) began in the southern province of Bến Tre’s Bình Đại District on Tuesday. Once operational, the plant – the first of its kind in the province – will produce about 84 million kWh each year.

Taxi operator Mai Linh Group has revealed a draft merger plan for its two subsidiaries, Mai Linh Central Joint Stock Company and Mai Linh Northern Joint Stock Company, in an effort to streamline its cumbersome operation.

Online Friday 2017, which is this Friday, is expected to achieve sales of VNĐ1.5 trillion (US$220 million), event organiser Việt Nam E-commerce and Information Technology Agency (Vecita) under the Ministry of Industry and Trade said.

Shares closed Tuesday on a positive note on the HCM Stock Exchange, however, market trading condition was poor on increased investors’ profit-taking.

Việt Nam’s Agrimeco and Japan’s (JFE) held an opening ceremony for the two companies’ newly merged unit, Agrimeco & JFE Steel Products Co., Ltd (ANJ) in Hà Nội yesterday.

The EU-Việt Nam Free Trade Agreement, set to be signed next year, will benefit both sides, a workshop heard in HCM City on November 28.

Although Việt Nam is the world’s 12^th-largest exporter of electronics and the third-largest in ASEAN since 2015, up to 95 per cent of the country’s electronics output comes from foreign-owned enterprises instead of domestic ones, the Central Institute for Economic Management (CIEM) announced yesterday.

Ninety eight per cent of total enterprises in Hà Nội have implemented online tax declaration and about 95.36 per cent of them have paid their taxes online.

Only 158 investors have registered to buy more than 18.95 million shares, equivalent to just 6.1 per cent of shares offered, at the initial public offering of the Investment and Industrial Development Corporation (Becamex IDC).

The agro, fishery and forestry export turnover reached US$33.14 billion during January-November.

The State Bank of Việt Nam (SBV) on Tuesday officially launched the first-ever Fintech Challenge Việt Nam to spur innovation in financial services for greater financial inclusion in the country.

Lotte Duty Free, the South Korean travel retail company, on Monday announced it will open its second duty-free shop at Cam Ranh International Airport next year. 

The huge advantages and attendant perils of greater internet connectivity were highlighted by officials and experts at a forum held yesterday in Hà Nội.