Việt Nam News

The term “inclusive economy” was used for the first time at APEC 2017 to highlight the roles of micro, small and medium enterprises (MSMEs). Việt Nam News reporter Nguyễn Khánh Chi spoke on this development and its implications with some delegates on the sidelines of the first Senior Officials’ Meeting (SOM 1) in Nha Trang City.

Shares rebounded yesterday on the two exchanges after declining for three days, with new cash flows flooding the market.

The deputy governor of the State Bank of Việt Nam (SBV), Nguyễn Kim Anh, noted at a conference on information security in the banking sector on Wednesday that the Vietnamese banking system has always prioritised investment in resources for IT infrastructure security.

Viettel was the only Vietnamese company to attend the Mobile World Congress (MWC) in Barcelona, Spain from February 27 through Thursday.

This year’s Vietnamese High-Quality Goods Awards were granted to 592 local businesses at a ceremony held in HCM City on Thursday.

The agriculture and rural development sector witnessed a year-on-year increase of 1.4 per cent in export value of agricultural, forestry and fishery products to US$4.3 billion in the first two months of 2017.

Winning consumers’ trust and developing a business reputation is one of the major challenges toward online business development, experts said at the Việt Nam Online Business Forum – VOBF 2017 in HCM City yesterday.

Deputy Prime Minister and Minister of Foreign Affairs Phạm Bình Minh yesterday praised the European Chamber of Commerce (EuroCham) for being a bridge between the Government and the European business community.

Enterprises must adopt new business models and create value beyond the expectations of customers to succeed in today’s competitive, fast-changing environment, delegates said at a forum held in HCM City on Thursday.

Deputy Prime Minister Vương Đình Huệ requested ministries, departments and local authorities to hold responsible state enterprises and business managers who violated the regulations on information disclosure.

The European Chamber of Commerce in Việt Nam’s Nutritional Foods Group (NFG) recommended that the Government remove the price ceiling on milk products for children under six years.

A branch of the Bank for Foreign Trade of Việt Nam (Vietcombank) in the northern province of Bắc Giang has committed to set aside a credit package to support startups.

Bắc Ninh Province on Thursday gave the go-ahead to a US$100 million project by South Korean firm Hanwha Techwin Security Company.

The Korean Hyundai Motors and local Trường Hải Automobile Company (Thaco) have launched a mini bus manufacturing project with the total capacity of 10,000 units per year.

Total mobilised capital of credit institutions in HCM City in the first two months of the year was estimated at VNĐ1,783 trillion (US$78.03 billion), an increase of 0.31 per cent over the end of 2016 and up 13.18 per cent over the same period last year.

Japanese and Vietnamese experts discussed support policies for small and medium-sized enterprises (SMEs) at a seminar hosted by the Ministry of Planning and Investment yesterday in the capital.

Many domestic automakers are seen moving toward importing cars, which were previously manufactured and assembled in the country, when the 2018 import tax on cars from ASEAN countries drops to zero, said the Ministry of Industry and Trade’s Heavy Industry Department Director Trương Thanh Hoài.

Prime Minister Nguyễn Xuân Phúc yesterday received the Chairman and CEO of Aéroports de Paris (ADP), Augustin de Romanet, saying that the French airport group’s investment and business cooperation in Việt Nam will substantially contribute to the two countries’ strategic partnership.