Việt Nam News

The impressive growth of Việt Nam’s tourism sector has given a boost to tourism and resort property market, said Rudolf Hever, director of Savills Asia Pacific’s Hotel Consulting Department. 

Commercial banks have consistently recruited thousand of new employees, especially for retail banking services, to meet business targets in 2017.

Cần Thơ plans to open more domestic and international flights to the city by giving subsidies to airlines, with a maximum subsidy of VNĐ8.5 billion a year, said a city official.

Cross-border credit information exchange plays an important and necessary role in promoting the quality and efficiency of investment and business activities for 21 member economies in the Asia Pacific region.

The State Bank of Vietnam (SBV) recently permitted the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) to issue VNĐ20 trillion (US$893 million) worth of bonds in 2017.

The Việt Nam General of Agriculture Material Corporation Limited (Vigecam) plans to offer over 6.3 million shares in its IPO on July 19.

Foreign-invested enterprises, including Samsung Complex Vietnam (Samsung Vietnam) of the Republic of Korea (RoK), are an important component of Việt Nam’s economy, Prime Minister Nguyễn Xuân Phúc told Han Myoung-Sup, General Director of Samsung Vietnam at a meeting in Hà Nội yesterday.

As many as 75 per cent of the enterprises surveyed by the Việt Nam Chamber of Commerce and Industry (VCCI) have seen the positive impact of the Government resolution on supporting and developing enterprises, according to a VCCI survey of 1,000 enterprises carried out at the end of 2016.

The Asia-Pacific Screen Printing and Graphic Imaging Association’s exhibition held in HCM City from May 18 to 20 comes to Việt Nam for the first time.

The 2017 Vietnam eTrade Conference (VETC) was held on Tuesday by the Vietnam E-commerce Association (VECOM) in cooperation with the Vietnam Export Support Alliance (VESA) to help exporting firms and organisations improve their e-commerce activities.

The National Assembly’s Standing Committee (NASC) agreed on Monday to offer special financial and budget management mechanisms for the port city of Hải Phòng in order to help the port city boost growth.

The EU-Việt Nam Free Trade Agreement (EVFTA) will help Việt Nam become the regional hub for many foreign manufacturing companies, promoting the development of industrial parks (IPs) in the country, said Gellert Horvath, vice chairman of the European Chamber of Commerce (Eurocham).

Bình Phước Province wants to strengthen co-operation with other provinces and cities as well as foreign countries to aid its industrial development, especially its cashew processing industry, according to its leader.

Vietnam’s leading online shopping website Zalora and ROBINS - Fashion and Beauty chain stores, both belonging to Central Group Vietnam, have announced they will merge in order to give customers the best shopping experience.

Việt Nam’s key VN Index erased its early gains on Tuesday as blue-chip stocks suffered from late selling by investors.

Standard Chartered Bank (SCB) expressed its strong commitment to supporting ASEAN companies to expand regionally and internationally at an investors meeting titled “Bridging ASEAN,” held on Tuesday in HCM City.

Despite the accelerated economic growth of Việt Nam and of the Czech Republic, trade between the two countries has not lived up to its potential, said participants at a conference in Hà Nội on Monday.

The National Assembly has launched its four-star coastal Lodge Đà Nẵng (NALOD), completed on Võ Nguyên Giáp street after three years of construction.