Việt Nam News

A need to fund infrastructure projects vital to expanding Việt Nam’s economy and boosting connectivity is pushing its government to turn to the private sector for support.

Vietnam Food Expo 2017, the largest show of the country’s food industry, was introduced to businesses and entrepreneurs in Rome on Thursday.

HCM City attracted US$1.37 billion worth of foreign direct investment in the first five months of this year, a year-on-year increase of 45.8 percent, according to the Department of Planning and Investment.

Property developer Sun Group will organise an opening ceremony for the sale of Sun Grand City Ancora Residence at Hanoi Daewoo Hotel, Hà Nội on June 18.

Small and medium-sized enterprises (SMEs) are unhappy that banks do not provide them with credit to upgrade technologies, but the banks say they are willing to lend if the companies meet certain conditions.

Korean investors in the electronics industry in Việt Nam will receive many incentives as part of the Government’s growing focus on this field for the country’s industrial development, officials told a conference held on Thursday in Seoul.

The Ministry of Industry and Trade (MoIT) plans to tighten control on goods whose imports are discouraged and facilitate local manufacturing to reduce the country’s trade deficit.

Although Việt Nam’s livestock industry is thriving, its export potential has yet to be tapped. Most of the country’s livestock products only serve domestic markets, Phạm Văn Đông, director of the Department of Animal Health under the Ministry of Agriculture and Rural Development (MARD).

The benchmark VN-Index declined for the first time this week, closing Thursday’s trade down 0.44 per cent at 750.13 points on the HCM Stock Exchange.

Vietnam Association of Seafood Exporters and Producers (VASEP) has proposed the Ministry of Agriculture and Rural Development (MARD)’s Directorate of Fisheries (DF) should promote fishing under the purse seines technique.

The price of Vietnamese export rice has hit a three-year high thanks to the rising import demands and the restricted supply source.

More than 600 international cosmetics brands will make their debut in Việt Nam during the Mekong Beauty Show 2017 in HCM City from June 15 to 17.

The central bank asked SHB to take responsibilities for implementingthe adjustment of the investment licence to foreign countries for SHB Cambodia Bank,in accordance with the current laws and regulations.

The Việt Nam Industrial and Manufacturing Fair (VIMF) 2017 opened in the southern province of Bình Dương on Wednesday, drawing thousands of visitors.

As many as 23,232 cars were sold in May, up 6 per cent from the previous month, according to the Việt Nam Automobile Manufacturers’ Association on June 7.

The country’s growth rate of industrial sector tends to be slow down in recent year though the industrial production value rose by 3.5 times in the past decade.

Trading of long-term Government bonds (G-bonds) in the first five months of 2017 has seen improvements compared to 2016 due to changing tastes of institutional investors.

As part of the National Assembly’s (NA) third session, the draft resolution on irrecoverable debts relief by credit institutions was discussed yesterday by members of the NA, whose opinions remained in favour with said draft save for several needed improvements.