Việt Nam News

Prime Minister Nguyễn Xuân Phúc has asked the Vietnam Cooperative Alliance (VCA) to work closely with authorised agencies to fully exploit the potential of cooperatives, promoting the development of collective economy and cooperatives through the effective implementation of public services and programmes.

 Shares extended gains on Tuesday thanks to a huge cash flow injected in securities stock group which stirred up the stock market with non-stop rises.

Minister of Planning and Investment Nguyễn Chí Dũng appreciated the contribution and trust from the business community as one of the motivations for the Government to lead Việt Nam to good growth amid the pandemic.

The first aircraft arrived in Vietnam on December 5 and the remaining two are expected to come to the country on December 24-25 and January 10, 2021

The US Treasury Department’s labelling of Việt Nam as a currency manipulator is biased, as it is only based on US standards and lacks suitable consideration as well as recommendations from international organisations, according to experts.

Japanese enterprises raised concerns over institutions and policies in Việt Nam during a dialogue on Monday, which were then cleared up by representatives from Vietnamese ministries and agencies.

The Ministry of Industry and Trade issued a decision to review the application of anti-dumping measures on some colour-coated steel products originating from China for the first time.

Việt Nam's prospects appear positive as the economy is projected to grow by about 6.8 per cent in 2021 and, thereafter, stabilise at around 6.5 per cent, according to the latest World Bank’s economic update for Việt Nam “Taking Stock”.

The Việt Nam Malaysia Business Association (VMBIZ) and Malaysia’s Blue Ocean Capital Group Berhad (BOCGB) signed a memorandum of understanding (MoU) on Sunday to bolster collaboration and exchange between enterprises of both nations.

Việt Nam’s wood export turnover this year would reach the record high level of nearly US$12.5 billion despite impacts of the COVID-19 pandemic as well as risks from export markets and the country’s policy changes in controlling the legality of imported wood materials.

While 2020 has been a successful year for Vietnamese rice exports, more must be done to accelerate the development of the national rice brand, experts have said.

Foreign direct investment (FDI) has contributed significantly to the development of the Southeast Economic Zone of Nghệ An Province but more actions are needed to improve its efficiency and increase contribution to the State budget.

Việt Nam aims to be an attractive destination for investment in low-emission energy, given the country’s huge power demand for development coupled with the national strategy of sustainable energy development with the priority on renewable energy.

The Saigon Union of Trading Cooperatives (Saigon Co.op) and Việt Nam Cooperative Alliance (VCA) have signed an agreement to promote the development of the co-operative model in Việt Nam rapidly and sustainably.

Vietnamese shares had a good start on Monday, driven by robust inflows on growing investor confidence.

A total of VNĐ1.5 trillion (US$64.4 million) worth of capital has been poured into the local exchange-traded fund VFMVN Diamond ETF in December, largely from top investment funds such as Dragon Capital and Pyn Elite Fund.

The Ministry of Planning and Investment announced on Monday it has started collecting feedback on a major policy which dictates the amount of control the State is to maintain over key businesses and sectors.

Vietnam Electricity (EVN) is eyeing the operation of a competitive retail electricity market in 2021 following its official run of a competitive wholesale market since 2019.