Việt Nam News

Việt Nam needs to raise policies to boost digital economy, a stimulator to generate added value and breakthroughs for sustainable development, experts have said.

Việt Nam imported 3.53 million tonnes of corn in the first half of this year, up 5.6 per cent over the same period last year, according to the Crop Production Department.

The Government’s recent decision on the restructuring of credit institutions ensures that State-owned banks listed on the market no longer have to worry about dividend payout in cash, experts said.

Fourth generation (4G) mobile phone services are expected to see a strong development in the country this year, accelerating the completion of national programmes such as e-Government, Smart City and Smart Agriculture, said Phạm Hồng Hải, deputy minister of Information and Communication (MIC).

Việt Nam’s benchmark VN Index retreated from a two-day increase as large-cap stocks were brought down by profit-taking pressure.

Representatives of the PetroVietnam Securities Incorporated (PSI) and the Vinacomin Power Holding Corporation told an investors’ conference on Wednesday that they were encouraged by investors’ interest shown in purchasing Vinacomin shares.

Việt Nam attracted US$21.93 billion in foreign direct investment (FDI) during the first seven months of this year, a surge of 52 per cent year-on-year, according to the latest Foreign Investment Agency statistics.

The Samsung Việt Nam has recorded the significant breakthrough in raising the localisation rate of products from 35 per cent in 2014 to 57 per cent at present, heard attendants at the “Samsung Sourcing Fair 2017”.

After two weeks of lowering lending interest rates for short-term đồng loans following the central bank’s cue, several commercial banks have reduced their deposit interest rates.

A waste treatment and recycling plant was inaugurated in Cao Lãnh District, the Mekong Delta province of Đồng Tháp, on Thursday.

Domestic ATM card holders of 41 banks, which are members of the National Payment Corporation of Việt Nam (NAPAS), can pay money by card when they make transaction at the Việt Nam National Petroleum Group (Petrolimex)’s petrol stations nationwide from August 1.

Việt Nam’s import of palm oil and paper from Indonesia could experience a year-on-year increase of 38 per cent, Indonesian ambassador to Việt Nam Ibnu Hadi said on Wednesday.

The military-run telecom group, Viettel has targeted total revenue of nearly VNĐ32 trillion (US$1.4 billion) from its overseas investment this year, posting 29 per cent year-on-year increase.

Prime Minister Nguyễn Xuân Phúc visited Samsung Electronics Việt Nam Thái Nguyên LLC (SEVT) during his business trip to the northern province of Thái Nguyên yesterday.

Prime Minister Nguyễn Xuân Phúc has asked authorities to take more drastic measures to rectify the late disbursement of investment capital for public projects, given that less than one-fourth of the funds has been disbursed.

Inaccessibility to bank loans is one of the main factors that has prevented private small and medium-sized businesses from further development, experts say.

State Budget revenues falling short of the half-way mark in the first six months of the year is a normal feature of the domestic economy and does not preclude meeting the annual target, Finance Minister Đinh Tiến Dũng tells Việt Nam News reporter Nguyễn Linh Anh.

Two international exhibitions - Vietnam Farm and Food Expo 2017 and Agritech Vietnam 2017- opened yesterday in HCM City, featuring nearly 200 booths set up by 120 local and foreign exhibitors.