Việt Nam News

A new year has come bringing with it many new opportunities and challenges. Việt Nam News asked some senior business executives and a diplomat how they see prospects for Việt Nam and their own sectors

Favourable transport infrastructure and the beautiful landscape are expected to boost tourism in the northern port city of Hải Phòng.

Asian shares slipped today as stringent curbs on travel to the United States ordered by President Donald Trump brought home to investors that he is serious about carrying out his controversial campaign pledges.

The Ministry of Industry and Trade (MoIT) is considered a ministry that has made significant improvements in its administrative procedure reform over the past few years. This year, the ministry plans to continue removing barriers for the business community. Minister Trần Tuấn Anh speaks to Vietnam News Agency on the issue.

The Ministry of Agriculture and Rural Development has issued regulations to tighten the import of antibiotics to prevent misuse of the substances in breeding of sea animals.

Việt Nam’s trade value was estimated at US$29.3 billion in January, down 13 per cent from the previous month, according to the General Department of Customs.

Vietjet Aviation Joint Stock Company will issue more than 22.3 million shares, equal to 7.46 per cent of the company’s outstanding shares, to Hướng Dương Sunny Investment Co Ltd.

Việt Nam expects to achieve US$3 billion as its total export value of vegetables and fruits this year, exceeding the vegetable and fruit industry’s target of $2.4 billion.

The central bank has targeted keeping interest rate stable in 2017, however, the market’s developments in the first half of January 2017 show that lending rates are suffering from many pressures, the Người Lao Động (Labourers) newspaper has reported.

The wood processing industry faces a lot of difficulties in the future following the government’s order close natural forest gates from January 1.

Việt Nam National Coal and Mineral Industries Group (Vinacomin), the nation’s biggest coal miner, is eyeing average annual revenue growth between 5.5 per cent and 6 per cent, until 2020.

Co-operation between producers and companies is necessary to develop agriculture and to attract more investment in the sector, Minister of Agriculture and Rural Development Nguyễn Xuân Cường has said.

Quảng Nam province has approved the Hà Lam-Chợ Được Industry-Trade-Service Complex on 83.5ha in Thăng Bình district.

Small-sized banks are making great efforts to grow to avoid being merged or acquired, however, it is not easy, according to the Đầu tư chứng khoán (Securities Investment) newspaper.

Vũ Tiến Lộc, chairman of Việt Nam Chamber of Commerce and Industry spoke to Voice of Vietnam (VOV) about this issue, and the conversion of 5 million business households to enterprises in order to reach the target of 1 million quality enterprises in 2020.

Prime Minister Nguyễn Xuân Phúc has signed a decree allowing Vietnamese to gamble at casinos in Việt Nam. It will come into effect on March 15.

Experts said the legality of coastal condotels should be clarified since the product had recently emerged an investment trend in Việt Nam's realty market.