Việt Nam News

The Bank for Investment and Development of Việt Nam (BIDV) on Thursday launched the VNĐ10 trillion (US$444.4 million) credit package with preferential interest rate for small-and-medium sized enterprises (SMEs).

Việt Nam’s tuna export turnover has risen 21 per cent year on year to hit US$271 million in the first half of 2017.

The sixth Zhejiang export fair, one of the most prosperous provinces in China, kicked off in Hà Nội on August 3.

Together with high profits of trillions đồng in the first half of this year, domestic commercial banks reportedly recruited thousands of employees in the period to boost development.

After the first half, nine hydropower plant operators posted VNĐ2.11 trillion in revenue and VNĐ941.7 billion in net profit.

Developing big data infrastructure and clean energy usage were issues at the top of the agenda at a seminar titled “Overseas Vietnamese contribute to the development of HCM City” held on Thursday.

The Ministry of Planning and Investment (MPI) on Wednesday held its second biannual discussion of the Việt Nam-Japan Joint Initiative Phase VI, as well as future trade and investment opportunities between the two nations.

The Joint-Stock Transimex Corporation, listed in the HCM City securities exchange as TMS, officially put into operation the first international standard cold/chilled storage at its logistics centre in Hòa Cầm Industrial Zone (IZ) on August 3rd.

Prime Minister Nguyễn Xuân Phúc agreed in principle that the three special economic zones being planned by the Government to spearhead the country’s economic growth should enjoy special regulations and fewer limitations to woo investments.

The country’s total retail sales and services revenue reached VNĐ2.24 quadrillion (US$98.6 billion) in the first seven months of this year, a year on year increase of 10 per cent.

While only 7 per cent of online travel sales in Việt Nam were made on mobile devices last year, the number grew rapidly at a 58.1 per cent compound annual growth rate (CAGR) in the 2013-2016 period, presenting a major growth opportunity, according to a Euromonitor International study.

Shares slowed growth in Thursday afternoon trade on rising investor caution when the benchmark VN-Index touched short-term resistance.

The PM allowed the Vân Phong Economic Zone Management Board, under the direction of Khánh Hòa People’s Committee, to revoke the certificate based on investment-related regulations.

The 21^st annual VietFood, Beverage and Professional Packing Machines expo will be held in HCM City from August 9 to 12.

The European Commission has conducted an investigation on the import of hand pallet trucks and their essential parts originating in China by imports consigned from Việt Nam.

The central province of Thừa Thiên-Huế earned US$474.7 million from shipping products to other countries in the first seven months of the year, a year-on-year surge of 24.88 per cent.

Domestic garment and textile firms have, for the most part, missed out on the much-touted benefits of free trade agreements (FTAs) that Việt Nam has signed, experts said at seminar yesterday.

As an important trading with a strong agriculture sector, Việt Nam has great potential to become a strategic exporter of agricultural products to Korea, Hong Sun, vice chairman of the Korean Chamber of Business in Việt Nam, tells Việt Nam News reporter Nguyễn Phương Thảo