Formosa Plastics Group (FPG) yesterday confirmed that the scheduled launch date for operations at a subsidiary’s steel mill in Việt Nam has been postponed with no new schedule decided.
Vietnamese shares finished lower yesterday, erasing gains in the early session, as energy firms extended losses following another drop in crude prices.
Việt Nam is expected to witness one of the largest growths in mobile broadband subscriptions in Southeast Asia together with Myanmar, Indonesia, Bangladesh and the Philippines, by 2021.
By voluntarily providing information about their products, food producers can win consumers’ trust, thus enhancing their competitiveness, a seminar heard in HCM City yesterday.
Credit in the first five months of 2016 grew 5.48 per cent compared to the end of 2015, the highest for the past few years, according to the State Bank of Việt Nam’s Credit Department.
The creation of regulations to oversee the competitive wholesale power market are to be completed by June 2017.
Slow institutional change is seen as a ‘bottle neck’ in boosting Việt Nam’s economy and growth in the context of world development during the next two decades, according to Nguyễn Văn Vịnh.
Fruitful economic stabilisation and restructuring along with ensured social welfare are the prerequisites for successful international economic integration, Deputy Prime Minister Vương Đình Huệ said.
Government incentives and support measures as well as promotions are necessary for the development of the supporting industry, according to the chief representative of the Japan External Trade Organistion’s (JETRO) HCM City office.
Bikesh Lakhmichand, CEO and Founder of 1337 Ventures, speaks to Thu Huong Le on why 1337 Ventures has tapped into the Vietnamese market and the potential of cultivating young talent here.
Việt Nam’s exports of timber and wood products to the UK would be affected by Britain’s exit from the European Union (EU), industry insiders said.
As part of an ambitious television digitalisation plan, all analog stations in Ha Noi, HCM City and Can Tho will be switched off by August 15
The creation of regulations to oversee the competitive wholesale power market are to be completed by June 2017.
The Việt Nam Textile and Garment Group (Vinatex) is expecting the export turnover to grow by 10 per cent this year to US$2.6 billion.
The Việt Nam Asset Management Company (VAMC) this year will use cash, departing from the usual practice of using only special bonds, to buy non-performing loans (NPLs), officials said.
Garment and textile industry exports in the first five months of this year rose 6.1 per cent year-on-year to US$8.6 billion, according to the Ministry of Industry and Trade.
Energy stocks led local markets up despite oil prices falling for a fourth trading day.
While global economic growth is expected to continue at a slow pace, the economies of Southeast Asian countries, China and India still offer some encouraging signs, according to an update of the OECD Economic Outlook for Southeast Asia, China and India 2016.