Việt Nam News

Việt Nam is expected to register the highest trade and income gains among Regional Comprehensive Economic (RCEP) members, according to a World Bank (WB)’s working paper.

Lộc Trời Group Joint Stock Company signed an agreement on February 21 with international companies Corteva Agriscience (US), Bayer CropScience (Germany), Map Pacific (Singapore), and UPL (India) to source agricultural materials.

To sustainably develop dragon fruit farming, localities should reorganise production from the commune level upwards based on understanding production status and market demand, Minister of Agriculture and Rural Development Lê Minh Hoan has said.

Farm exports to difficult markets like Japan, South Korea, Australia, and the EU have been prolific in the first two months of this year, raising hopes for a successful year.

The Ministry of Industry and Trade and Samsung Vietnam on Tuesday signed a Memorandum of Understanding on co-operation in smart factory development.

Businesses from the Republic of Korea (RoK) visited the Mekong Delta province of An Giang on Monday to seek partnership opportunities with local firms.

HCM City authorities have pledged to improve the business environment and remove difficulties businesses face this year to help revive the economy.

Experts believe that once the KRX trading system begins official operations, many international organisations will re-evaluate the Vietnamese market to upgrade it to an emerging market.

Consumption in the automobile market is gradually recovering after a long period of social distancing in the country, but many domestic automobile manufacturers and assemblers are facing difficulties due to a shortage of spare parts.

Việt Nam's retail market has recently recorded strong growth and its excitement is also reflected via the successful deals of injecting capital from foreign investors into potential domestic retailers.

Việt Nam will need to cut taxes and fees, in addition to using the petroleum price stabilisation fund petrol prices keep rising, said a leader from the Ministry of Industry and Trade.

The Vietnamese Party, State and Government have always cared about and highly appreciated the role and contributions of the business community, and at the same time understanding and sharing with businesses' difficulties, especially in the context of the COVID-19 pandemic.

Shares opened the new week in positive zone but the market diverged as investors remained cautious about the market outlook in the short term.

The Ministry of Finance (MoF) is seeking comments on a new draft decree that provides amendments to Decree No.126 on tax administration and Decree No.123 on invoices.

The PetroVietnam Exploration Production Corporation (PVEP) plans to produce an estimated 0.23 million tonnes of oil equivalent, including 0.18 million tonnes of oil and condensate and 54 million cu.m of gas, this month.

From Monday, all of import-export enterprises and customs agents are required to declare information online on the digital border gate platform before arriving the Hữu Nghị and Tân Thanh international border gates.

While many thermal power enterprises reported positive results in both revenue and profits in the fourth quarter of last year, there are still enterprises reporting a decline in profits, even suffering losses.

A financial report analysis of 24 Vietnamese banks shows that average Current and Savings Account (CASA) ratio of these banks rose from 17 per cent in 2020 to 19.4 per cent in late 2021.