Việt Nam News

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.

The establishment of the ASEAN Economic Community (AEC) in 2015 is a major milestone in the regional economic integration agenda in ASEAN, offering opportunities in the form of a huge market of US$2.6 trillion and over 622 million people. Viet Nam News reporter Thu Giang talks with expert and businesswoman about the AEC’s advantages and disadvantages on Vietnamese companies.

An Giang Import Export Company (Angimex), one of the large rice export companies in Việt Nam, plans to focus on improving its rice quality and better controlling plant-protection residues to promote rice exports, especially to the US and EU markets.

With just three weeks to go for Tết (the Lunar New Year), the market for gift hampers has heated up with supermarkets, markets and shops offering a range of them to cater to both business and individual customers.

The State Bank of Việt Nam (SBV) has set the target of credit growth at 18 per cent for this year while pledged to continue taking measures to control the credit growth so as to be suitable to the country’s economic development.

Shares rose for second day on Wednesday, boosted by strong gains in oil and gas sector, when investors continued to put their faith in the optimistic market prospect.

The prices of RON 92 petrol and bio-fuel E5 remained unchanged, while diesel price 0.05S increased slightly in the first regular adjustment of petrol prices in 2017 on January 4.

The Vietnamese manufacturing sector ended 2016 on a positive note, with the Nikkei Việt Nam Manufacturing Purchasing Managers’ Index (PMI) coming second among the top three PMIs in ASEAN region.

People are investing their money in five main channels of stocks, gold, foreign currencies, property assets and savings but which of these offered the highest returns in 2016?

Garment 10 Corporation JSC (GARCO 10) is targeting a 6 per cent rise in revenue in 2017 compared to last year, its general director Nguyễn Thị Thanh Huyền said.

The State Bank of Việt Nam on January 3 announced the appointment of the new chairman of the Việt Nam Asset Management Company (VAMC).

Việt Nam is ranked fifth in the list of the world’s most optimistic countries on economic prosperity in 2017, according to a survey by WIN/Gallup, the world's leading association in market research and polling.

Viet Nam’s fruit and vegetable export in 2016 hit US$2.4 billion, a 30 per cent increase from 2015, and exceeding the Ministry of Industry and Trade's yearly target of $2.2 billion.

Shares opened the first trading day of the new year on a high note, with investors confident of bright prospect of the securities market.

Mineral exploration and mining activities are guided and governed by Government Decree No 158/2016/NĐ-CP (November 29, 2016), which elaborates on a number of provisions of the Law on Minerals.   

Việt Nam will achieve its 2017 goal of 6.7 per cent growth in gross domestic product (GDP), higher than 6.21 per cent in 2016, due to the efficiency of its reforms, said experts.