Việt Nam News

A wide range of products, technologies and equipment used in the agricultural, forestry and fisheries sectors will be on display at Growtech, an international agriculture–forestry–fishery exhibition to be held in Hà Nội next month.

The model of distributing insurance products via banks (bancassurance) has contributed significantly to increasing insurers’ revenue, but experts warned that the overheating growth of the business could cause insurers to have to pay compensations due to mistakes made by bank employees, who also act as insurance products consultants.

Efficient restructuring of the agricultural sector has brought good results in production and business in the last few months, so the sector expects to gain stronger growth in production and business this year and beyond, said experts.

Việt Nam’s biggest dairy firm Vinamilk is eyeing foreign markets in the hopes of offseting the declining growth in the local market.

Potential economic loss across Asia Pacific due to cybersecurity incidents can hit a staggering US$1.745 trillion, or over 7 per cent of the region’s total GDP.

Football legend David Beckham has kicked-off Viet Nam’s entry into the global automobile market.

The former Manchester United and Real Madrid star was guest of honour, launching the new VinFast cars at the Paris Motor Show on Tuesday.

Organisations and individuals using e-commerce websites will not be required to notify or register with the Ministry of Industry and Trade (MoIT) from October 18.

The Prime Minister has recently approved a project to build a set of criteria to evaluate the corporate development of the country and of each province and city separately.

Hà Nội lured nearly US$6.27 billion in foreign direct investment (FDI) in the first nine months of 2018, up 5.4 times over the same period last year and exceeding the yearly target by 64 percent.

Some online lenders that offer very high interest rates are in fact a form of ‘black’ credit and the State Bank of Việt Nam (SBV) is not responsible for management over such activities, SBV deputy governor Nguyễn Thị Hồng has said.

Việt Nam’s financial marketplace and peer-to-peer (P2P) lending platform Tima has raised US$3 million in Series B funding from Belt Road Capital Management (BRCM), a Greater Mekong-focused private equity fund, Tima announced on Monday.

Việt Nam’s first automobile brand will be officially launched at the 120th Paris Motor Show at 15:25 (Vietnamese time) today.

EVN Finance Joint Stock Company (EVN Finance) on Monday announced its entry into the consumer finance industry with the launch of a subsidiary called Easy Credit.

Việt Nam is a promising tourism market that ranks among its 10 biggest anywhere and four biggest in Southeast Asia, the Singapore Tourism Board has said.

Sen Đỏ Technology JSC, the owner of e-commerce platform sendo.vn, and GrabExpress, a delivery service available on Grab app, on October 1 announced a tie-up for a three-hour express delivery service in HCM City.

 Although Việt Nam has focused on increasing labour productivity and overall productivity growth, there have been relatively few opportunities for SMEs to get customised support as they grow, said Max Bulakovskiy, policy analyst in Global Relations at the Organisation for Economic Co‑operation and Development (OECD).

Retail giant AEON has terminated the tie-up with Hà Nội-based Fivimart after four years of cooperation as their partnership yield no fruits but losses.

The domestic sector’s positive export performance has contributed to a yearly rise of 15.4 per cent in the country’s nine-month export turnover at over $178.9 billion, nearly double the growth target set for the whole year by the National Assembly, GSO director Nguyễn Bích Lâm said.