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Việt Nam records trade surplus of US$2.4 billion with the Philippines

Việt Nam start-ups continue to pull in investment

Investment in Vietnamese start-ups is growing sharply with millions of dollars pledged in 2019 and the first two months of 2020, according to Singaporean venture capital firm Cento Ventures.

$564 million poured in Đà Nẵng Hi-tech Park

Having launched as a hub for green and hi-tech investment in 2013, the Đà Nẵng Hi-Tech Park has lured 18 investment projects, of which nine foreign direct investment (FDI), with total US$564 million. Six projects including four FDI and two domestic investors were already put into operation.

Economy

Russian firm proposes to export meat to Việt Nam

Việt Nam and Russia have signed seven cooperation documents on animal health, quarantine, plant protection and food safety.

Economy

Bạc Liêu wind power plant marks one billionth kWh

Financed by Công Lý construction-trade-tourism company headquartered in Cà Mau Province, the plant costs more than VNĐ5.2 trillion (US$223 million at the current exchange rate).

Economy

New policy expected to provide boost to ride-hailing services

The Ministry of Transport will bring to a close the pilot scheme for electronic contract-based passenger transportation, popularly known as ride-hailing services, on March 31.

Economy

Derivative aluminium, steel exporters urged to consider request for tax exemption

Firms which exported derivative aluminium and steel to the US needed to work with their partners on requesting tax exemption in case their products satisfied conditions for exclusion, according to the Trade Remedies Authority of Việt Nam.

Economy

Grab to support Viet Nam’s startup ecosystem

Grab has launched the Grab Ventures Ignite (GVI), an accelerator programme for early-stage startups, as part of the Grab for Good Development roadmap in Viet Nam which aims to create greater social and economic benefits for the country through technology.

Economy

Warning for VN stocks after new infection reports

The Vietnamese stock market would struggle to hold on to its threshold as analysts are afraid the market sentiment could worsen after new coronavirus-infected cases were reported over the weekend.

Economy

Gender-friendly corporate policy helps ensure stable workforce and development

For many women in the workplace, salary may not be of the utmost importance but a female-friendly working environment is key to job satisfaction.

Economy

Shareholders’ meetings to proceed as usual, say firms

Firms said shareholders’ meetings were to proceed as scheduled in March and April despite concerns over the outbreak of the novel coronavirus (COVID-19).

Economy

Vietnamese mobile phone companies unable to compete with foreign giants

Vietnamese mobile phone manufacturers face severe competition, and struggling to retain market share, from foreign players across segments, experts warn.

Economy

Association calls for rate cuts, improved legal framework for new property products

The Việt Nam Real Estate Association has proposed the Government develop measures with a focus on credit and tax support, together with improving the legal framework for new property products so as to aid the property market to overcome this difficult period.