Senior officials discuss priorities for APEC 2017

Senior officials from the 21 member economies sat together for the first working day yesterday in Nha Trang, discussing three out of four priorities proposed by Việt Nam for the APEC Year 2017.

Techcombank divested from Vietnam Airlines

The Vietnam Technological and Commercial Joint-stock Bank (Techcombank) had sold 21 million shares of the Vietnam Airlines Company Limited (Vietnam Airlines), according to the Hanoi Stock Exchange (HNX).

Retail sales, services drop after Tết

The country’s total retail sales and services revenue this February crossed VNĐ309.3 trillion (US$13 billion), data from the General Statistics Office (GSO) has revealed.

 

EU-VN pact eagerly awaited

Việt Nam’s upcoming free trade agreement with the European Union (EVFTA) is expected to make Việt Nam the most promising business destination for European companies in Southeast Asia.

Việt Nam has 200 super-rich people

Việt Nam has 200 super-rich people, with fortunes valued at US$30 million or more, according to the Wealth Report 2017 by the UK’s leading independent real estate consultancy Knight Frank.

New census seeks to compile reliable data

The General Statistics Office (GSO) started to implement a general economic census across the nation from March 1. The general economic census this time has a new point that it would collect data on foreign non-governmental organizations operating in Việt Nam to evaluate full results of their operation in the domestic economy.

VN industrial production lagging

The national index of industrial production (IIP) surged by 2.4 per cent year-on-year in the first two months of this year, much lower than the 6.8 per cent growth seen in same period last year, according to General Statistics Office data.

Deputy PM wants more international integration

Deputy Prime Minister Vương Đình Huệ has asked the Inter-Sectoral Steering Committee for Economic Integration to improve study and forecast about integration developments, especially negotiation of free trade agreements (FTAs), in order to raise appropriate policies.

MONRE enhances IT potential

The Department of Information Technology under the Ministry of Natural Resources & Environment (MONRE) and Microsoft on Wednesday signed a crucial Memorandum of Understanding.

Retail sales, service revenue increase over 7 per cent

Hà Nội’s retail and service revenue in the first two months of 2017 amounted to VNĐ365 trillion (US$16.4 billion), an increase of 7.1 per cent from the same period last year, according to the Hà Nội Statistics Office

60% use internet in VN

Over 20 years of development, Việt Nam’s internet has made sustainable contributions to society and  Government policies have resulted in 60 per cent of the population using the web, said Phan Tâm, deputy minister of Information and Communications at the Apricot 2017 conference in HCM City.

New lending regulations worry small firms

Small-sized enterprises are concerned that they would have to borrow from credit institutions at higher rates when a new lending regulation takes effect next month.

VN brewing better tea quality

Việt Nam’s tea sector plans to produce 25,000 tonnes of tea using techniques to increase the quality and productivity of tea plants while protecting the health of farmers and land for future generations, the chairman of the Việt Nam Tea Association Nguyễn Hữu Tài said at a conference yesterday.

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