Việt Nam News

The governor of the State Bank of Việt Nam has set up a steering committee to boost financial technology, or fintech, in the country.

Safeguard duty on monosodium glutamate imported into Việt Nam will be lowered from March 25, 2017, according to a decision issued recently by the Ministry of Industry and Trade (MoIT).

Around VNĐ164.8 billion (US$7.16 million) will be earmarked for technology transfer in the fisheries sector during the 2017-20 period to help in its restructuring.

India will lift its suspension of the import of some Vietnamese agricultural products, which was enforced on March 7.

Strategic investors may be able to sell their shares in a State-owned enterprise (SOE) three years after the firm is equitised, according to the finance ministry.

The construction of a VNĐ300 billion (US$13.19 million) entertainment complex in Rạch Giá City in Mekong Delta’s Kiên Giang Province started on Saturday.

High-end and luxury housing continues to be an attractive segment in the national real estate market, with high demand and a good purchasing scale, experts have said.

Three joint stock banks, BIDV, Vietcombank and VietinBank, are now the country’s most valuable banking brands.

Steel prices will remain stable on the domestic market this month but are expected to increase slightly soon, according to the Ministry of Industry and Trade.

Shares may rebound this week on high investor attention to annual shareholders’ meeting of listed companies, as well as their reports on estimated first-quarter results.

Deputy Prime Minister Vương Đình Huệ has asked the construction ministry to complete the privatisation of four enterprises under it this year.

HCM City plans to continue promoting the “Vietnamese give priority to using Vietnamese goods” campaign.

The competition between shopping websites has now switched focus from prices to rapid delivery.

The VCCI’s Institute of Information and Technology for Business (VCCI-ITB) launched the IoT Open Community for Việt Nam in Hà Nội.

The Ministry of Information and Communication urged enterprises to collaborate with the Government in efforts to build a healthy Internet society through advertising only on online channels which complied with established laws.

Việt Nam’s benchmark VN Index fell back yesterday while exchange-traded funds accelerated trading on the last day of portfolio reviews for the first quarter of 2017.

“The country’s economy now looks like a train running on an inclined plane at a slow speed”, an economist from the National Economic University (NEU) has said, predicting two growth scenarios for this year, both of which are lower than targets approved by the National Assembly.

The police, army and customs are acting together against smuggling and counterfeiting, but the results fall short of expectations because the crimes are getting more sophisticated, officials say.