Việt Nam News

The Kiên Giang Province People’s Committee has approved a plan to make Phú Quốc a smart city by 2020.

Việt Nam is the third largest shrimp producer and the largest giant tiger prawn producer in the world. Shrimp is one of seafood products having largest export value in Việt Nam.

The textile and garment sector enters the second quarter (Q2) of this year with promising signs from new import markets, said General Director of the Việt Nam Textile and Garment Group (Vinatex) Lê Tiến Trường.

Shares advanced during the first session on Wednesday after the National Reunification and International Labour holidays as investors remained positive about the market outlook.

The Asian Development Bank (ADB) this year plans to provide loans worth US$4.2 billion, doubling last year’s figure, to support developing countries in the Asia-Pacific region in addressing water challenges.

The Đại Nam Joint Stock Company opened an international standard racecourse with investment of more than VNĐ2 trillion (US$87.9 million) in the southern province of Bình Dương on Tuesday.

Total export turnover of the northern province of Quảng Ninh hit US$461.3 million in the first four months of 2017, making up 28 per cent of the yearly plan.

The southern province of Trà Vinh granted licences to eight projects in April, provincial authorities reported.

Covered warrants, a new investment tool, will be allowed to start trading on the HCM Stock Exchange this September. 

Việt Nam’s total trade value in the first four months of the year gained a year-on-year increase of 20.1 per cent to US$125.41 billion, according to the General Department of Customs.

Viet Nam lacks the legal wherewithal to deal comprehensively with dubious multilevel marketing companies operating in the country, officials say.

Lavifood Joint Stock Company on May 2 broke ground for a fruit and vegetable processing plant in Tây Ninh Province’s Gò Dầu District.

Eradicating the sidewalk economy to clear pavements for pedestrians is not a wise solution. Rather, the Government should consider pavements as “public goods” and plan to manage them in a manner that benefits all stakeholders.

The country’s total retail sales and services revenue reached VNĐ1,267.9 trillion (US$56.7 billion) in the first four months of this year, a year on year increase of 6.7 per cent.

Vietnamese stock indices may rise further and test their resistance levels this week on higher investor confidence, bolstered by positive developments in global political conditions and good earnings reports.

Loss-making enterprises that are not eligible for privatisation must strictly implement restructure, merger or bankruptcy.

The 2017 Vĩnh Long expo on industry and trade opened on Sunday and will last until May 5 in the southern province of Vĩnh Long, attracting 92 enterprises from inside and outside the province.