Retail sales up 9.5% in January

Total revenue from retail trade and services reached VNĐ361 trillion (US$15.84 billion) in January, surging 3 per cent over December and 9.5 per cent over the same month last year.

Future bright for VN’s woodworking industry

Việt Nam's woodworking industry has registered significant growth in recent years. The industry earned US$8 billion last year, up from $7.3 billion in 2016. Huỳnh Văn Hạnh, standing deputy chairman of the Handicraft and Wood Industry Association of HCM City, and Nguyễn Chánh Phương, director of Danh Mộc Co., Ltd, speaks to Việt Nam News about all this and more.

Electronics industry growing

The number of workers in the electronics industry is on the rise, and e-businesses will be a critical source of employment in the future. However, up to 80 per cent of such firms say they find it difficult to recruit technicians.

2018 to be equitisation peak

Deputy Prime Minister Vương Đình Huệ said that 2018 will be the peak year for equitisation of State-owned enterprises (SOEs) and State capital divestment.

PV Power raises $311 million from IPO

PetroVietnam Power Corporation (PV Power) on Wednesday raised almost VNĐ7 trillion (US$311 million) for the Government by selling a 20 per cent stake at the initial public offering (IPO) held at the Hà Nội Stock Exchange.

ATM withdrawal fee to be lower from March

The National Payment Corporation of Việt Nam (NAPAS) on Tuesday announced a fee reduction for its local switching system service, interconnected by more than 170,000 ATMs nationwide.

Forbes Việt Nam announces 30 Under 30 list

Forbes Việt Nam magazine announced the “30 Under 30” list earlier this week, featuring some of the brightest young entrepreneurs, innovators and game changers in the country.

Ministries to study US tax reform

Prime Minister Nguyễn Xuân Phúc asked ministries and relevant sectors to study the effects on Việt Nam of the tax reforms US President Donald Trump signed into law last month.

PM urges high-tech shrimp farms in Bạc Liêu

The southern province of Bạc Liêu should focus on super intensive, high-tech shrimp farming to become the nation’s shrimp hub, Prime Minister Nguyễn Xuân Phúc told an investment conference in Bạc Liêu City yesterday.

European FB firms eye Việt Nam

Nineteen European food and beverage (F&B) companies are visiting Việt Nam to explore partnerships with local importers and distributors.

PV Gas may sell 30% of charter capital

etroVietnam Gas Corporation (PV Gas) may sell 30 per cent of its total shares to a strategic investor in 2020,  the firm’s chairman, Lê Như Linh, said yesterday.

VN pepper industry about to burst

Việt Nam's pepper farmers are on pins and needles as pepper prices continue to decline. The industry, once known for its high profit margins, is in crisis due to unsustainable development, lack of strict control over production and unforeseeable speculation. 

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