Việt Nam News

Logistics and supply chain management have significantly improved in recent years thanks to the Government’s policies as well as the perception of entrepreneurs, according to the Việt Nam Logistics Business Association (VLA).

Vietnamese shares struggled to stay positive for a fourth day on both local exchanges as property firms made gains on the central bank’s proposal to extend the housing stimulus package.

The country generated more than US$67.7 billion from exports in the first five months of this year, surging 6.6 per cent against the same period last year, according to the General Statistics Office (GSO).

Vietnamese businesses should be active in seeking information about markets to further penetrate into distribution systems abroad to improve their export turnover, a minister has said.

The HCM City administration has instructed relevant departments to take targeted measures to help local retailers strengthen their competitiveness and retain market share before they lose out to foreign rivals.

A shortage of capital support for the part supplying industry is hindering the development of the sector, which is crucial for the country’s economic development, participants at a forum said yesterday.

The Ministry of Agriculture and Rural Development has asked for tighter management of fishery products amid warnings by major import markets on food hygiene and safety standards of aquatic products.

HCM Stock Exchange (HoSE) has added live trading of foreign investors on its electronic transaction board on Monday.

Vietnamese shares continued to rise on both local markets yesterday, extending gains for a third session, as increasing oil prices lifted energy stocks.

Monetary policies from now until the year end must give top priority to ensuring the safety of the banking system and controlling inflation while still trying to support businesses.

The HCM City tourism sector has made good preparations this year to attract international visitors but more new attractions are needed for them to succeed.

Forbes Việt Nam Magazine yesterday named the top 50 listed companies of the year in the local stock markets.

Vietnamese shares yesterday extended gains from Friday on both local markets as listed real-estate firms reacted positively to the latest circular issued by Việt Nam’s central bank.

Việt Nam’s steel industry is facing difficulties, especially from imported steel products with cheaper prices, Hồ Nghĩa Dũng, chairman of Việt Nam Steel Association, said.

The national index of industrial production (IIP) surged 7.5 per cent in the first five months 2016 compared to the same period last year, the General Statistics Office (GSO) reported.

After numerous hikes in interest rates this year, joint stock commercial banks have cut deposit rates for the first time thanks to good liquidity amid a lending slowdown.

Việt Nam is striving to add tilapia to tra fish and shrimp as a key fisheries export.

An investment of VNĐ5.5 trillion (US$247 million) is needed for construction of the proposed cable-stayed bridge Mỹ Thuận No 2, according to Project Management Unit No 7 (PMU 7).