HCM City to expand mobile, e-commerce coverage

HCM City aims to develop mobile commerce and expand e-commerce coverage in domestic markets until 2030, focusing on high quality platforms and co-operation between platforms and businesses.

Construction firms face bankruptcy as steel prices soar

The price of construction steel is now nearly VNĐ19,000 per kg. With construction steel accounting for about 28 per cent of the building cost for an apartment and 35 per cent of the cost of a semi-detached house, insiders said the cost to build a house had soared.

Tax watchdog eyes further reforms in the next ten-year period

The tax watchdog was eyeing further reforms in the 2021-30 period with focus on simplifying tax procedures and applying information technology in management to contribute to improving the business climate and bringing Việt Nam to the top 30 in the world in terms of the ease of doing business.

Vinaconex to issue $173.3 million of bonds

Việt Nam Construction and Import-Export Joint Stock Corporation (Vinaconex) plans to raise a large amount of capital in 2021 by issuing VNĐ4 trillion (US$173.3 million) worth of bonds this year.

Petrolimex expects both revenue and profit up this year

The Việt Nam National Petroleum Group (Petrolimex or PLX) targets to earn VNĐ135.2 trillion (US$5.86 million) and VNĐ3.36 trillion in revenue and pre-tax profit this year, an increase of 9 per cent and 238 per cent year-on-year, respectively.

Unused slots to be seized: CAAV

The Civil Aviation Authority of Việt Nam has warned that flight slots that are unused for five weeks in a row since March 28 would be taken away.

Bamboo Airways maintains highest on-time performance

Bamboo Airways has maintained its top spot with the most on-time performance and lowest rate of flight delays and cancellations of all Việt Nam’s commercial airlines, according to newly-released statistics from the Civil Aviation Authority of Việt Nam (CAAV).

Coteccon’s shareholders set high targets

Coteccons Construction Corporation (CTD) plans to post revenue of VNĐ17.4 trillion, up 20 per cent compared to 2020 with after-tax profits estimated to reach VNĐ340 billion.

Support to be provided to SMEs in intellectual property

Support is to be provided to small and medium – sized enterprises (SMEs) enabling them to use intellectual property (IP) rights to build stronger, more competitive and resilient businesses, said Đinh Hữu Phí, Director of the Intellectual Property Office of Việt Nam.

Exports of mango, guava and mangosteen to Russia soar

Việt Nam was the fourth largest supplier of mango, guava and mangosteen (HS code 080450) to Russia in January this year, reaching 226 tonnes, worth US$807,000, up 114 per cent in volume and 62.7 per cent in volume in value compared to January last year.

VEPR: Vietnamese economy could grow by 6.3% in 2021

The Vietnamese economy could grow by about 6-6.3 per cent in 2021, said chief economist Phạm Thế Anh from the Vietnam Institute for Economic and Policy Research (VEPR) during a workshop recently held to announce the Vietnam Quarterly Macro-Economic Report.

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