Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Việt Nam sets ambitious target of one million car sales in 2030

US won't impose tariffs or sanctions on Việt Nam’s exports

The US Trade Representative (USTR) has decided against recommending punitive tariffs on Vietnamese exports, the Ministry of Industry and Trade said on Saturday.

IBM appoints Phạm Thị Thu Diệp to lead IBM Vietnam

IBM has appointed Phạm Thị Thu Diệp as Country General Manager of IBM Vietnam. Diệp is the first female leader to take over the senior leadership role in the subsidiary’s 25 years in the country.

Economy

First industrial park in Việt Nam gains access to 5G network

The Yên Phong 1 Industrial Park in northern Bắc Ninh province has become the first park in Việt Nam to gain access to the 5G telecom network, with the new technology launched onsite by Viettel on Thursday.

Economy

Việt Nam to remain at centre of Asian supply chains: EIU

Việt Nam will remain at the centre of Asian supply chains and one of the most competitive manufacturing locations in the Asia-Pacific region, said analysts at the Economist Intelligence Unit in a report on the country released this week.

Economy

Phú Quốc island city draws US$16.5 billion in investment

Phú Quốc, Việt Nam’s first island city, has attracted 372 projects to date with capital totalling some US$16.5 billion.

Economy

Việt Nam always a leading partner of Netherlands in Asia

Việt Nam is always a leading partner of the Netherlands in Asia, said the Dutch Minister for Foreign Trade and Development Cooperation, Sigrid Kaag, at an online meeting with Vietnamese Minister of Industry and Trade Trần Tuấn Anh on Thursday.

Economy

Tax, transparency important to bring housing prices to appropriate levels

Imposing asset taxes and improving market transparency would help bring skyrocketing housing prices in Việt Nam to appropriate levels, experts have said.

Economy

PVPower to divest entirely from eight affiliates

PetroVietnam Power Corporation has announced plans to divest from several of its member units, including eight subsidiaries it wants to sell its entire stake in, according to a statement from the Board of Directors.

Economy

SSI sweeps Asiamoney Brokers Poll awards

SSI Securities Corporation has won 31 out of 32 awards honouring organisations and individuals in the financial and securities sector in Việt Nam at the 2020 Asiamoney Brokers Poll Awards.

Economy

SCIC reports $286 million in pre-tax profit for 2020

The State Capital Investment Corporation (SCIC) announced on Thursday that its pre-tax profit increased 36 per cent in 2020 compared to the year prior, hitting an estimated VNĐ6.58 trillion (around US$286 million).

Economy

KIDO Foods’ profit jumps 10 per cent

Kido Frozen Foods Joint Stock Company (Kido Foods) has announced a growth of nearly 10 per cent in after-tax profit for 2020, reaching nearly VNĐ157 billion (US$6.8 million) despite facing many challenges caused by COVID-19.

Economy

Industrial real estate is bright spot in 2020 market

The industrial market is the only real estate sector that has enjoyed positive progress in both rental rates and occupancy rates during the COVID-19 pandemic.

Economy

Agricultural exports set to join more global value chains as new FTAs take effect

Vietnamese farm produce exporters are expected to benefit from increased participation in global value chains as a result of the Regional Comprehensive Economic Partnership (RCEP) and the UK-Việt Nam Free Trade Agreement (UKVFTA), speakers said yesterday at a conference in HCM City.