Việt Nam News

 Free trade agreement between Việt Nam and the Republic of Korea (VKFTA) would be an effective channel to increase the bilateral trade to US$70 billion in 2020, said an official of the Trade Promotion Agency under the Ministry of Industry and Trade.

The Department for Economic Zones Management reported that during Q1, the country opened 305 industrial parks covering over 84,000 hectares, and 16 economic zones covering 814,792 hectares of water surface and land.

National flag carrier Vietnam Airlines earned an estimated consolidated revenue of more than VNĐ19 trillion (US$851.3 million) in the first quarter of this year.

Commercial banks are recommending that the State Bank of Việt Nam (SBV) delay tightening of lending rules, as it could face difficulties once it takes effect on January 1, 2017.

The Việt Nam Software and IT Services Association (VINASA) presented the Sao Khuê Awards to 73 information and technology (IT) software products and services in a ceremony in Hà Nội late last week.

The national balance of trade saw a surplus of about US$1.48 billion this year, reported Hải quan, the online newspaper of the Việt Nam Customs.

The State Duma of Russia has ratifed the free trade agreement (FTA) between the Eurasian Economic Union (EAEU) and Việt Nam.

Prime Minister Nguyễn Xuân Phúc yesterday chaired the first meeting with ministerial and sector leaders in Hà Nội seeking to remove obstacles to the enforcement of Laws on Enterprises and Investment.

Vietnamese shares yesterday pulled back on both local exchanges after rising strongly in the previous two days as investors sought for profits in property developers.

Đà Nẵng is seeking a US$51.74 million loan to fund the Traffic Infrastructure Improvement Project for 2016-19.

he State Treasury sold G-bonds worth nearly VNĐ7.5 trillion (US$336.3 million), or 73.2 per cent of the bonds offered on the primary market, between April 11 and 15.

Economists on Friday urged the Government to tighten management of public spending to reduce the budget deficit and to ease pressures caused by the public debt.

The chairman of HCM City People’s Committee said at a conference held last Friday that the city sought continued support from Japan in the transfer of technology, ODA, management expertise and investment in several fields, including human resources, hi-tech agriculture, pharmaceuticals and tourism.

Vietnamese shares may continue rallying this week, as positive first-quarter performances and higher oil prices might prove to increase investor confidence, brokerage firms wrote in their weekly reports.

On April 12 South Korean securities firm Mirae Asset Securities Co. announced it would join hands with global investment company AON BGN, a former AON Holdings, to take over Keangnam Hà Nội Landmark Tower in Hà Nội.

 The consumer price index in April rose 0.33 per cent against last month, following price hikes of many goods, according to the General Statistics Office (GSO).

Petrolimex Insurance Company, PIJICO (PGI), will issue 20 per cent of its shares to investors to raise its charter capital to VNĐ1 trillion (US$44.7 million), it was announced at the annual shareholders' meeting on April 21

Vinafor eanred VNĐ246.2 billion (US$11.03 million) from offering more than 24.3 million shares at an initial public offering on April 21