Việt Nam News

The Vietnam National Oil and Gas Group (PetroVietnam) aims to increase its oil and gas reserves to 10-15 million tonnes and contribute VNĐ74.6 trillion to the state budget in 2017.

The central province of Thừa Thiên-Huế aims to earn US$800 million from exports in 2017, a year-on-year increase of 11.58 per cent.

“It is likely that the first shipment of Vietnamese chicken will be exported to certain markets this year,” a Ministry of Agriculture and Rural Development (MARD) official has said.

Saigon Hi-Tech Park has set a target to attract US$600 million in investment capital this year.

Agricultural group Hoàng Anh Gia Lai Joint Stock Company has issued bonds worth VNĐ930 billion (US$41.3 million) to a financial institution, it said in a filing to the HCM Stock Exchange.

Insurer Bảo Việt Holdings (BVH) on Tuesday sold its entire stake in the Saigon Beer-Alcohol-Beverage Corporation (Sabeco) for VNĐ95 billion (US$4.2 million).

Việt Nam had overtaken Japan, the Republic of Korea (RoK), Thailand and Taiwan on the list of most desirable location for those looking for career opportunities abroad, according to new data released from the latest Expat Explorer survey from the Hong Kong and Shanghai Banking Corporation Limited (HSBC) in 2017.

Overseas Vietnamese play an important role in developing HCM City’s economy, but the city lacks the legal framework required to fully utilise their capabilities.

Prime Minister Nguyễn Xuân Phúc has asked the State Bank of Việt Nam (SBV) to smooth credit growth over the year and ensure loans will go to right people and businesses.

The Japan Branding Consumer Product Outlet Fair opened yesterday at the Hà Nội International Exhibition Center (IEC).

According to the General Statistics Office (GSO), import turnover for cars in December 2016 increased in both quantity and value, with the year’s total annual car imports reaching $2.3 billion.

Việt Nam’s retail sales of goods and services rose to 10.2 per cent to around US$156.7 billion in 2016, data from the General Statistics Office (GSO) has revealed.

The Ministry of Industry and Trade has decided to keep the ceiling prices for power generation of thermal electricity and hydroelectricity unchanged in the year of 2017.

The capital city plans a 4-5 per cent export growth compared with last year.

Shares were mixed on Thursday as investors began to display caution after several consecutive rising sessions. Steel and property shares supported the VN-Index, while market breadth was negative.

The agriculture sector, especially hi-tech agriculture, has caught the attention of domestic giant firms, such as Vingroup, Hòa Phát and Hoàng Anh Gia Lai, creating a new wave of investment. 

Tiên Phong Commercial Joint Stock Bank (TPBank) reported pre-tax profit of VNĐ707 billion (US$31.1 million) in 2016, posting an increase of 13 per cent year-on-year.

Nguyễn Hà Đông, creator of Flappy Bird, said he will provide funding for student projects, with a maximum budget of VNĐ200 million (US$8,810) per project.