Industry told to rely less on fleeting strengths

Prime Minister Nguyễn Xuân Phúc has called for reduced dependence on “unsustainable advantages and natural resources” and greater reliance on creativity, science and technology to boost industrial growth.

City shares led forwards by banks

Shares rose for a fourth consecutive session on the HCM Stock Exchange on Friday but profit-taking selling increased which may disrupt the uptrend next week.

Đà Lạt to open flower trading centre

Đà Lạt City in Central Highlands’ Lâm Đồng Province is working with Japanese OTA Floriculture Auction Limited Company and local agencies to establish a flower trading centre in the city.

Gov’t urges developers to balance supply, demand

Deputy Prime Minister Trịnh Đình Dũng asked the construction industry to tighten management towards to property developments to prevent imbalance in supply and demand which might trigger a market bubble.

VN prepares for chicken shipments to Japan, EU

“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.

Hoàng Anh Gia Lai issues bonds worth $41.3m

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.

VN ranked high for expat careers

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.

City urged to attract overseas Vietnamese

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.

 

 

2016 car import value hits $2.3b

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.

Nation’s retail sales jump 10% in 2016

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.

Ceiling power prices unchanged

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.

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