Việt Nam News

Tra fish exports to the UK were worth US$45.7 million last year, an increase of 2.5 percent over the previous year, according to the Vietnam Association of Seafood Exporters and Producers.

The Viglacera Corporation on Wednesday started construction of a housing project for workers in the Phú Hà Industrial Zone in the northern province of Phú Thọ.

Novaland Investment Group Corporation has sought shareholders’ approval to list securities on international stock exchanges and issue shares.

Fast moving consumer goods are expected to have another year of strong growth in 2018 and rise 6-7 per cent over the preceding year, according to a Kantar Worldpanel report on Việt Nam FMCG market.

The southernmost province of Cà Mau is aiming to develop crab farming to make the crustacean its second biggest aquatic export after brackish shrimp.

A new year has come bringing with it, as usual, many new opportunities and challenges. Many entrepreneurs and researchers believe Việt Nam will enjoy good growth this year, and they see good prospects for many sectors. Some of them talk about this and more with Việt Nam News. 

The Cửu Long (Mekong) Delta province of Kiên Giang is soliciting investment in industrial parks and other projects as a means to boost socio-economic development.

Việt Nam’s stock market is expected to rise further after the Tết (Lunar New Year) holiday and even throughout 2018, boosted by positive macro economic development as well as support of foreign traders.

Construction on a US$24.6-million auto parts factory is under-way in the northern Thái Bình province’s Tiền Hải Industrial Zone with completion expected in July 2019.

The number of international tourists to the capital city of Hà Nội are estimated to rise by 30 per cent to 125,000 people during the week-long Tết (Vietnamese New Year) festival, according to the municipal Department of Tourism. 

Up to 1,560 tonnes of dragon fruit got customs clearance for export to China via the Lào Cai international border gate on February 17-18 - the first two days of Lunar New Year. 

The processing and manufacturing industry in Việt Nam has not integrated into the global production network and value chain despite its high growth rate of 14.5 per cent in 2017.

After focusing on exporting large volumes of unprocessed goods for a long time, more and more Vietnamese companies are now turning to export of processed and value-added products and improving their quality to penetrate global markets.

The listing of nine commercial banks in 2018 is expected to boost the banking sector, as well as the entire securities market.

Việt Nam has seen a boom in renewable energy projects, in a bid to meet the nation’s future demands for power, after the Government scrapped plans to build a nuclear power plant in Ninh Thuận Province.

Local authorities and farmers who grow coffee under Vietnamese Good Agricultural Practices (VietGap) in Gia Lai Province are seeking a better selling price for their coffee because of its higher quality.

As Việt Nam struggles under the weight of its bad debts, it has improved its legal framework to handle the situation. By issuing a resolution (42/2017/QH14), the first-ever on the settlement of non-performing loans (NPLs), it has adopted a pragmatic solution to handle bad debts. CEO of HSBC Bank Việt Nam, Phạm Hồng Hải, spoke to Việt Nam News reporter Nguyễn Linh Anh about the effectiveness of the resolution.

Commercial banks are expecting the revenue from fees and retail banking services to become their main income sources this year, as a result of rising market demands.