Việt Nam News

The number of patents has increased by 56.7 per cent in the first five months of this year compared to the same period last year.

Việt Nam’s gross domestic product (GDP) expanded 1.81 per cent year-on-year during the first half of this year, the lowest six-month growth pace since 2011, according to the General Statistics Office (GSO).

Vietnam Railway Corporation (VNR) estimates a loss of nearly VNĐ1.4 trillion (US$60 million) after tax in 2020, a massive blow to the company due to impacts of the COVID-19 pandemic.

Shinhan Vietnam Finance Company Ltd., has won the 2020 Best Sustainability Development Company Vietnam award from the UK’s Global Banking & Finance Review magazine.

Foreign investment commitments to Việt Nam in the first half of this year decreased 15.1 per cent year-on-year to US$15.67 billion, a report from the Ministry of Planning and Investment's Foreign Investment Agency has shown.

Vietnamese firms need to improve product quality and research market trends and consumer tastes in Southeast Asian countries and take part in trade promotion programmes there to promote exports.

Local shares tumbled on Monday as the second-quarter GDP growth record low and the relentless spread of the coronavirus hit market sentiment.

The Regional Comprehensive Economic Partnership (RCEP) is a trade agreement between the ten member states of ASEAN and its six partners including Australia, China, India, Japan, New Zealand and South Korea. Director of South Korea’s Asan Institute for Policy Studies’ Center for ASEAN and Oceania Studies Lee Jaehyon talks with Vietnam News Agency about the importance of RCEP in the region.

The Consulate General of Việt Nam in Guangxi Province, China and the Asia-Africa Market Department have warned local businesses that Guangxi is carrying out a number of measures to strengthen control of food origin and quality, according to the Ministry of Industry and Trade (MoIT).

The move comes just three months after a similar ban was lifted.

The capital city of Hà Nội has granted certification to 275 products which qualify for the standards of the One Commune-One Product (OCOP) programme at a conference on Friday.

The Việt Nam National Petroleum Group (Petrolimex or PLX) forecast a drop in both revenue and profit this year due to the decline in demand amid the COVID-19 pandemic.

Vietnamese enterprises need to improve product quality, build their brands, and ensure traceability of goods' origin to increase the volume of agricultural and aquatic exports, experts said at a seminar on June 26 in HCM City.

Real estate brokerage activities should be professionalised and often individual sellers need better training, especially when the market is in need of momentum after the COVID-19 pandemic, experts said.

The first batch of fresh Vietnamese lychees exported to Japan was sold AEON's store system, including 250 AEON General Merchandise Stores and Supermarkets and AEON Style stores in Japan.

Bamboo Capital JSC has set revenue and after-tax profit targets of VNĐ1.913 trillion (US$82.2 million) and VNĐ184.2 billion ($7.9 million) this year, 24 per cent and 31.1 per cent higher than last year.

The local market has stalled in the last two weeks after the benchmark VN-Index on the Ho Chi Minh Stock Exchange climbed to a four-month high of 900 points on June 10.

Market insiders have predicted M&A activities will sharply increase soon.