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Petrovietnam partners with US firms on digital transformation and sustainable energy

Switzerland-Việt Nam business group debuts

It will also make recommendations for a more favourable business climate to agencies of both nations while organising socio-cultural activities serving its goals.

Stock market size reaches 88% of GDP

Việt Nam's stock markets had reached approximately 87.68 per cent of the country’s Gross Domestic Product (GDP) as of the end of 2020, the highest rate ever reported so far.

Economy

CPI in February highest in 8 years

The GSO’s Price Statistics Department explained that the CPI in February saw a strong rise due to the higher demand for food and foodstuffs for the Lunar New Year (Tết) festival.

Economy

Việt Nam racks up $1.29 billion in trade surplus in two months

Foreign-invested companies accounted for 76.4 per cent, or $37.07 billion, of Vietnam’s total export turnover. Meanwhile, the domestic sector shipped abroad $11.48 billion worth of products.

Economy

More than 18,000 new firms set up in first two months

More than 18,000 new businesses were established in the first two months of 2021, a year-on-year decline of 4 per cent, according to the Ministry of Planning and Investment.

Economy

Shares surge on strong cash inflows

Việt Nam's stock market edged higher on Monday as investors flocked into oil and gas, construction and banking stocks.

Economy

Việt Nam climbs three spots in global soft power rankings

Việt Nam was the only country among the 10 member states of the Association of Southeast Asian Nations (ASEAN) to improve its ranking this year.

Economy

Learning spirit, confidence and creativity key to Việt Nam's future success

Actively learning, building confidence and promoting creativity and innovation will help Việt Nam build its image, enhance position and expand its influence outside, attaining its development goals.

Economy

Loship secures investment from Skype co-founder

Loship, Việt Nam’s fast-growing one-hour-delivery e-commerce startup, has announced its latest investment from Skype co-founder Jaan Tallinn.

Economy

Long An international port to be expanded

The project is scheduled to be completed in 2023, lifting the total length of the wharf system to 2,368m, enabling the handling of more than 80 million tonnes of goods per year.

Economy

2021 economic census begins on Monday

The General Statistics Office (GSO) officially kicked off the 2021 economic census on Monay to have a comprehensive evaluation of the Vietnamese economy.

Economy

Hundreds of Vietnamese seafood firms permited to export to Taiwan

The Taiwan Food and Drug Administration (TFDA) has announced a list of 697 Vietnamese seafood enterprises permitted to export their products to Taiwan, reported the Việt Nam Association of Seafood Processors and Exporters (VASEP).

Economy

UKVFTA - a boost to Việt Nam-UK trade

Total trade in goods between the Việt Nam and the UK topped US$657.35 million in January, a year-on-year hike of 78.57 per cent.

Business Beat

Fishery exporters take pandemic in their stride

Việt Nam’s seafood exports this year are expected to be worth US$9.4 billion in all, an increase of 10 per cent from 2020.

Economy

Thai conglomerate SCG now dominates Việt Nam's plastic production industry

After buying Duy Tân Plastic Corporation, Thailand’s Siam Cement Group (SCG) is gaining domination of the upstream and downstream of Việt Nam’s plastic production industry.

Economy

Demand for laptops booms as people study and work from home

Work from home and study from home amid the new Covid-19 wave have caused demand for laptops to skyrocket.

Economy

Việt Nam’s automobile imports slow in January

Việt Nam spent US$213 million importing cars in January, a 34.3 per cent drop compared to the previous month, reports the General Department of Customs.

Economy

Việt Nam needs more than $128 billion to develop electricity in the next nine years

Việt Nam needs about $128.3 billion of investment capital to develop its electricity industry in 2021-2030, according to draft electricity planning released by the Ministry of Industry and Trade (MoIT).

Economy

City to ensure transparent, fair and competitive environment for property market

The chairman of the HCM City People Committee has pledged to review all housing projects in the city and work out solutions to create a “more transparent, fair and competitive business environment”.