Việt Nam News

Trade value between Việt Nam and the European Union (EU) in the first half of this year has gained a year-on-year growth of 9.05 per cent to US$21.2 billion.

A variety of moon cakes have hit the market with more than a month to go for the Mid-Autumn Festival.

Employees of State-owned enterprises’ subsidiaries will be able to buy shares of the parent companies at preferential prices when those state-owned enterprises (SOEs) are equitised.

Entrepreneurs are hailing a national plan to reduce corporate income tax for small- and medium-sized enterprises from 20 per cent to 17 per cent starting next year.

The Tam Đảo 05 offshore oil rig, the largest locally manufactured jack-up rig, was launched on Friday at an inauguration and handover ceremony in the southern Bà Rịa-Vũng Tàu Province.

Start-ups in the technology sector are on the rise in the world and Việt Nam is no exception, delegates told a seminar in HCM City on Saturday.

Vietnamese shares may continue to decline this week as investors could take short-term profits from blue chips and speculative stocks on their significant improvements, securities firms and analysts said.

The Ministry of Planning and Investment is developing a plan on restructuring the economy by 2020 aiming to renovate the growth model towards improving efficiency and competitiveness of the economy.

About 43 State-owned enterprises (SoEs), including six corporations, were cleared for equitisation in the first seven months of this year, the finance ministry said.

Việt Nam’s foreign exchange reserves, inclusive of gold, hit a record high of US$38 billion in mid-June, according to HSBC’s Macro-Prospect Report.

A transportation system connecting eight provinces to the Southern economic hub of HCM City remains underinvested, hindering the development goals of the region that has contributed over 60 percent of the country’s State budget during the past ten years.

A programme to select the top 50 IT firms in Viet Nam in 2016 was officially kicked off by VINASA (Vietnam Software and IT Service Association).

Commercial banks have called for customers to use caution when using telephones and the internet, as hackers may steal from them.

Laptop sales have plateaued despite companies launching new products to stimulate the market, with insiders blaming it on the economy and a switch by consumers to tablets.

The Law on Deposit Insurance should be amended to give the Deposit Insurance of Việt Nam (DIV), a non-profit state financial organisation, more independence in managing risk at credit institutions, according to Deputy Prime Minister Vương Đình Huệ.

Eight out of 14 start-ups of the Topica Founder Institute (TFI) introduced their products and called for investment at the Topica Founder Showcase 2016, held in Hà Nội on Wednesday.

The Vietnamese Government is encouraging public-private partnerships, a mode of investment that has been successfully tried in many countries.

Việt Nam must build a creative and sustainable eco-system for the Internet of Things (IoT) in order to take part in the international IoT supply chain and achieve a turnover of US$10 billion by 2020, a technology insider has said.