Việt Nam News

The Prime Minister has agreed to select eight key border gate economic zones to receive state budget for development in the 2021-2025 period.

Việt Nam has become the fastest growing nation brand in the Brand Finance’s ranking this year, with its brand value skyrocketing by 29 per cent to US$319 billion.

The Government has issued supportive policies for domestic enterprises to cope with difficulties due to the COVID-19 pandemic. However, the policies have not reached expected efficiency while the difficulties are predicted to continue next year.  Việt Nam Chamber of Commerce and Industry Chairman Vũ Tiến Lộc spoke to Việt Nam News about this issue.

Vietnamese banks will only be allowed to issue chip cards from March 31, 2021, according to a State Bank of Việt Nam (SBV) draft circular.

The Viettel Cyber Security Company (VSC), a subsidiary of the Viettel Military Industry and Telecoms Group (Viettel), has become a member of the Anti-Phishing Working Group (APWG).

The Việt Nam Association of Seafood Producers and Exporters said it plans several measures to help its members further penetrate the global supply chain and enable the fisheries sector to reach its export target of US$12 billion in 2025, 40 per cent higher than this year.

Banks are sprinting to transfer the listing of shares from Unlisted Public Company Market (UpCom) to official bourses before the Law on Securities takes effect from the beginning of 2021, which would require two-year listing on UpCom before a public company could go to official bourses.

Việt Nam’s seaports handled an estimated more than 689 million tonnes of cargo this year, up 4 per cent annually, reported the Việt Nam Maritime Administration.

VPBank has achieved the ISO/IEC 27001:2013 standard for its Information Security Management System (ISMS), applying to the provision of services to fully anonymise data and provide analytic services to external customers.

The abundance of capital based on low-interest loans has helped those firms offer lower margin lending rates to investors, thus gradually winning the market shares from local companies.

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”.