Việt Nam News

Clam farmers in the Cửu Long (Mekong) Delta province of Tiền Giang are finding innovative solutions to produce sustainable value chains in an aim to meet international standards.

The exchange rate between the Vietnamese đồng and the US dollar has kept on rising significantly in recent weeks, which has surprised both investors and analysts in Việt Nam despite the economy’s stable development and historical-high foreign reserves. Việt Nam News reporter Nguyễn Hoàng Sơn discusses the issue with Phạm Tiến Dũng, deputy head of Research and Investment Advisory Department at Bảo Việt Securities Joint Stock Company

Fintech sector is facing with difficulties of capital mobilisation shortage, inadequate legal framework and banks’ hesitance in co-operation, said Lê Minh Hưng, Governor of State Bank of Việt Nam (SBV).

Prices of vegetables have fallen in Đà Lạt, itself a vegetable growing hub, due to imports from China, traders said.

Foreign investments, including those made by Japanese firms, are an important driving force for Việt Nam’s socio-economic development and improvement of the national competitive capacity, said President Trần Đại Quang.

Vietnamese shares traded lower on Wednesday as blue chips were mixed and a sharp fall of trading liquidity showed investors’ caution with market conditions.

The shortlist of nominees for the 2018 PropertyGuru Vietnam Property Awards have been announced after they were chosen by an independent panel of judges.

Imports of materials for textiles, leather and footwear from Canada saw a tremendous growth of 179.8 per cent to hit US$11.8 million in the first four months of 2018, reported by the statistics of the General Department of Việt Nam Customs.

Foreign direct investment (FDI) disbursements rose 10 per cent year-on-year to US$6.75 billion in the first five months of 2018, Foreign Investment Agency (FIA) statistics reveal.

Deputy Prime Minister Vương Đình Huệ has urged the Government’s Steering Committee for Price Management to keep consumer price index (CPI) growth below 4 per cent in 2018. 

The State Bank of Việt Nam set the daily reference exchange rate for May 30 at VNĐ22,590 per US dollar, down by 15 Việt Nam đồng from the previous day.
 

The Vietnam Furniture and Home Furnishing Fair will promote locally-made wooden furniture, home decor and handicraft products for the domestic market.

Foreign arrivals to Việt Nam surpassed 6.7 million in the five months of this year, up 27.6 per cent annually, the General Statistics Office announced on Tuesday.

Farmers should reduce their volumes of shrimp at present to deal with a fall in purchasing price and wait for a recovery in shrimp prices on the world market, according to the Việt Nam Association of Seafood Exporters and Producers (VASEP).

Việt Nam and Japan can accelerate co-operation in applying Japan’s new technology and advanced value chain management methods to Việt Nam’s agricultural production, according to experts at a conference in the capital city on Tuesday.

Việt Nam’s consumer price index (CPI) inched up 0.55 per cent in May, the highest monthly increase since 2012, according to the General Statistics Office (GSO).

Following China’s ban on import of plastic wastes, a lot of them are coming instead to Việt Nam, but with consignees failing to claim shipments, the wastes are piling up at ports including in HCM City.

The massive increase in the number of M&A deals involving foreign investors is putting pressure on Việt Nam’s plastics industry.