Việt Nam News

HCM City officials held a meeting on Tuesday to discuss what steps to take to improve the city’s Provincial Competitiveness Index (PCI), which dipped last year.

Northern Bắc Ninh Province is leading the country in attracting foreign direct investment (FDI), drawing over US$2.6 billion from 14 newly-licensed projects and 48 capital-added projects in 2017's first quarter.

Streamlining legal regulations and making a specific law on restructuring of credit institutions and settling bad debts are very necessary and must be done urgently, Prime Minister Nguyễn Xuân Phúc said.

A survey by Vietnam Report JSC revealed today that leading firms in Việt Nam are more aware of the importance of corporate social responsibility (CSR) for their growth and prosperity.

The Government moved mechanism of ceiling prices on dairy products for children under six from April 1, 2017 according to the Ministry of Industry and Trade’s proposal.

Total economic growth rate for the first quarter of 2017 is 5.1 per cent, the lowest out of the last three years, with the Vietnam Economic Performance Index (VEPI) clocked in at 5.8 per cent, according to the Vietnam Centre for Economic and Policy Research (VEPR)’s quarterly report and independent assessment of Việt Nam’s macroeconomic policies.

The General Statistics Office of Việt Nam (GSO) is developing a new set of indices to evaluate the development and efficiency of businesses in provinces and cities and expects to launch it by the end of this year.

The fourth industrial revolution is an important opportunity that Việt Nam must quickly take advantage of in order to accelerate the process of industrialisation and modernization, towards its goal of becoming a modern industrial country, said Hồ Thị Kim Thoa, Deputy Minister of Industry and Trade.

Outstanding farmers in HCM City and many other provinces are showcasing their products at a fair that opened at Lê Văn Tám Park in the city’s District 1 on Monday.

The VN-Index closed at 731.3 points yesterday, up 0.2 per cent over Monday’s level and a record high since February 20, 2008. Shares rose on both national exchanges, but a correction is looming as the benchmark index continued to set new peaks. The key index has expanded roughly 10 per cent this year.

Vietnamese handicraft firms need to make greater efforts to meet the requirements of foreign buyers, said participants at a seminar in HCM City yesterday.

The 27^th Việt Nam Expo, scheduled to take place April 19-22 in the capital city, assumes added significance given the “special context” in which it is happening, organisers say.

In the next round of equitisation, State capital must be sold faster, at higher value, and the enterprises’ corporate governance must further improve, Deputy Prime Minister Vương Đình Huệ has said.

Moody's Investors Service on Monday assigned first-time ratings and assessments to the Orient Commercial Joint Stock Bank (OCB).

Việt Nam Prosperity Joint Stock Commercial Bank (VPBank) is expected to trade on the HCM Stock Exchange in the third quarter of 2017.

The Ministry of Transport has approved Uber Việt Nam’s pilot project of applying technology in managing and connecting under-contract passenger transportation.

Officials of the Mekong Delta city of Cần Thơ introduced the local potential and advantages to French companies and called for investment, especially in agriculture, during a meeting on Monday.

As of March, investors from the European Union had injected more than US$21.56 billion into 1,959 projects in Việt Nam, accounting for 7.2 per cent of total foreign direct investment and 8.5 per cent of projects registered in the country.