Việt Nam News

Việt Nam hopes to see 3G and 4G networks covering 95 per cent of residential homes by 2020, according to Deputy Minister of Information and Communications Phan Tâm.

The Japan International Cooperation Agency (JICA) has signed agreements with Vieät Nam to provide Official Development Assistance (ODA) loans worth a total of 95.17 billion yen .

Total budget revenue in the first quarter of this year reached VNĐ230.5 trillion (US$10.3 billion), equalling 22.7 per cent of this year’s target revenue, an increase of 0.3 per cent over last year said the Ministry of Finance (MoF)’s office manager Ngô Chí Tùng.

Intellectual protection enforcement agencies nationwide have handled 26,004 cases, with imposed fines totalling VNĐ68 billion, according to Trần Minh Dũng, chief inspector of the Ministry of Science and Technology.

Gia Lai Electricity Joint Stock Company said four out of 14 hydroelectric plants under its management have stopped generating electricity because the water levels in almost reservoirs are at “dead level”, at which plants cannot operate.

Economists have urged authorities in the Cửu Long (Mekong) Delta to create a start-up environment and encourage business incubations to take full advantage of the ASEAN Economic Community (AEC) and Trans-Pacific Partnership (TPP).

A deputy chief of the HCM City Food Safety and Hygiene Division has called for setting up an independent food safety agency under the city administration with authority to investigate and heavily penalise violators.

The localisation rate in Việt Nam is too low as the number of Vietnamese support industry businesses accounted for only three per cent of the country’s total, an official said.

The central city of Đà Nẵng topped the Provincial Competitive Index (PCI) for the third consecutive year in 2015, among 63 provinces and cities nationwide.

The Hà Nội People’s Committee on Wednesday issued an investment certificate to Samsung Electronics for a research and development centre in Hoàng Mai District.

The insurance market saw a total insured value reaching VND11.7 quadrillion (US$524 billion) in the 2011-15 period, said Phung Ngoc Khanh, head of the Finance Ministry’s Insurance Supervisory Authority (ISA) during a press conference in Ha Noi on March 29.

Garco 10 reported a post-tax profit of VND 48.55 billion in 2015.

Bio-Ethanol Dung Quất, a bio-fuel factory owned by the Việt Nam Oil and Gas Group (PetroVietnam), has halted operations due to continuing losses.

Outcomes of the 2015/16 Knowledge Sharing Programme (KSP) launched by the Republic of Korea (RoK) to share experience in socio-economic development with Việt Nam were announced at a conference on Wednesday in Hà Nội.

Việt Nam’s gross domestic product (GDP) grew by 5.46 per cent in the first quarter, slower than the 6.12 per cent during the same period last year, the General Statistics Office (GSO) announced this week.

The State Bank of Việt Nam (SBV) will tighten lending in foreign currencies in some cases from today in an effort to step up its anti-dollarisation drive.

Vietnamese shares were mixed on both local markets yesterday as investor confidence rose after the US central bank’s latest statement on its policy tightening plan.

We should change the way we think, look beyond the country and become part of the world community as it has shrunk, Deputy Prime Minister Vũ Đức Đam said.