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

Petrovietnam partners with US firms on digital transformation and sustainable energy

VN, Russia hold high-level government-business dialogue

Government officials and businesses of Viet Nam and Russia attended a high-level dialogue forum held in Hà Nội on October 29 by the Vietnam Chamber of Commerce and Industry (VCCI) and the office of the Russian Presidential Commissioner for Entrepreneurs’ Rights.

Finding ways to boost coffee exports

As coffee exports dropped in both volume and turnover in the first nine months of this year, the Ministry of Industry and Trade said improving product quality and brand development are key for coffee export growth.

Economy

Forex rate forecast to remain stable till year-end

The Vietnamese đồng was expected to remain broadly stable against the US dollar over the remainder of 2019 and to be slightly weaker on average over 2020,

Economy

Experts say Việt Nam demand for machinery to keep growing

Việt Nam’s machinery and equipment market has achieved solid growth in recent years and the momentum is expected to continue, making the country increasingly attractive to foreign investors, experts have said.

Economy

MBS plans to issue five covered warrant codes

A total 37 covered warrants have been traded on the market since the market launch on June 28.

Economy

Viet Capital Bank meets Basel II standards ahead of schedule

Viet Capital Commercial Joint Stock Bank has received approval from the State Bank of Vietnam to adopt Basel II standards, taking the number of banks meeting the global norms ahead of schedule to 12.

Economy

October’s CPI reaches three-year high

Việt Nam’s consumer price index (CPI) in October increased by 0.59 per cent against September – the highest rate in the last three years.

Economy

F&B to drive retail property market in HCM City

Food and beverage and fashion and lifestyle will continue to drive demand in HCM City’s retail property market, according to real estate consultancies.

Economy

Import-export turnover exceeds $400 billion

In the first half of this month, total import and export value reached nearly $21 billion.

Economy

Gelex Electric buys 30 million shares in ceramics firm

Gelex Electrical Equipment Co Ltd (Gelex Electric) has bought 30 million shares in ceramics firm Viglacera, completing 75 per cent of its purchasing target.

Economy

Shares correct on cautious trading

Shares corrected on Wednesday with the VN-Index failing to conquer 1,000 points again, with investors cautious as the index neared the landmark.

Economy

Vincom Retail reports higher Q3 profit

Q3 revenue fell because Vincom Retail did not record the sale of any large-scale projects in the past quarter.

Economy

First Việt Nam Economic Forum held in Seoul

With more than US$66 billion worth of total registered capital, South Korean firms play an active role in key economic sectors in Viet Nam such as apparel, electronics, infrastructure, energy, automobiles, aerospace, finance-banking, and logistics.

Economy

ParkCity Hanoi’s residential condominium for sale in November

The Vietnam International Development JSC (VIDC), a member of ParkCity Group, will open the sale of Park Kiara – the first full residential condominium in ParkCity Hanoi township – late next month.

Economy

Asanzo Vietnam found to have committed different violations

General Director of Customs Nguyễn Văn Cẩn said Asanzo Vietnam Electronics JSC had demonstrated numerous signs of violations during a press conference with relevant ministries and agencies on the case in Hà Nội on October 28.

Economy

Seafood firms’ profits drag on weak exports

Lack of production materials and flagging export value have caused seafood companies to suffer losses in the third quarter of this year.

Economy

HCM City set to host international retail tech, franchise expo

Following its success in previous years the Việt Nam International Retail Tech and Franchise Show will see its 11th edition organised in HCM City this week.

Economy

Work on LNG storage facility begins in Bà Rịa-Vũng Tàu

Financed by PV Gas, a subsidiary of the national oil and gas group PetroVietnam, the facility will cost an estimated US$285 million in the first phase.

Economy

Regulatory reform a must to improve business conditions

Going to court is not an option for most firms when it come to resolving disputes.

Economy

MoIT imposes anti-dumping duties on colour-coated steel products of RoK and China

The Ministry of Industry and Trade (MoIT) has decided to apply anti-dumping duties on some colour-coated steel products originating from the Republic of Korea (RoK) and China in the Vietnamese market.