Việt Nam News

Investing in a green factory is a strategic factor in achieving sustainable growth, both bringing tangible benefits to investors and enhancing their public image, experts have told a workshop.

Việt Nam has significant room to promote inclusive finance, given 70 per cent of its population is living in rural areas and many are locked out of the conventional banking system due to low income, experts have said.

Expats working in Việt Nam said they earn on average nearly US$88,100, with 36 per cent seeing their income increase by 25 per cent, the latest Expat Explorer survey compiled by HSBC Bank revealed.

Many experts believe that the land lot segment has received significant attention from investors as evident from the increasing selling price and transaction numbers.

State-owned banks are finding it more difficult to increase charter capital, especially when they still have to pay dividends instead of keeping the money for this purpose.

The Government has set a Gross Domestic Product (GDP) growth target of 6.7 per cent for 2017, which General Statistics Office General Director Nguyễn Bích Lâm, said is quite achievable.

The EU has replaced Japan as Việt Nam’s largest shrimp importer, according to the General Department of Vietnam Customs (GDVC) and the Vietnam Association of Seafood Exporters and Producers (VASEP).

Vietnamese and Thai businesses have enhanced trade promotion activities in the other country to achieve bilateral trade of US$20 billion by 2020 as targeted by the two governments, a Việt Nam-Thailand Business Matching event heard in HCM City yesterday.

The Cái Mép-Thị Vải Port Complex has obtained significant investment for its expansion, however, it has still not fully maximised efficiency and capacity, causing wastage of potential and national resources.

Việt Nam is likely to reach US$70 billion of bilateral trade with South Korea by 2020, an official said at a seminar on export promotion to South Korea held on Friday in HCM City.

Shares fell slightly on the HCM Stock Exchange on Friday as large-cap stocks lost steam and declined on investors’ late selling.

The Ministry of Industry and Trade on Friday held a conference in Hà Nội to discuss experiences of coping with trade defence investigations initiated by Australia.

The total investment for the offshore fishing industry for the 2018-30 period has been projected to reach VNĐ42.2 trillion (US$1.87 billion).

Deputy Minister of Agriculture and Rural Development Vũ Văn Tám held a working session with Dutch company Jan Zandbergen and some partners exporting livestock products to the European Union. 

Việt Nam’s benchmark VN-Index on the HCM Stock Exchange recounded Thursday, but slowed at the end of the session as investors increased selling to make profits.

The Ministry of Industry and Trade (MoIT) will submit a draft decree to ease the entry of businesses into the gas trading market.

Nearly VNĐ2 trillion (US$87.8 million) was pledged to five projects in Hậu Giang Province at an conference held in Vị Thanh City on Thursday.

Thành Công Group has officially signed a new joint venture with South Korea’s Hyundai Group to manufacture and distribute commercial vehicles in Việt Nam.