Việt Nam News

Bình Dương Province is pushing ahead with the development of supporting industries to increase the use of local content in manufacturing to reduce costs.

McKinsey & Company has released a report saying that the right structural adjustments could help Việt Nam get back on track on the journey to become a high-performing economy. Matthieu Francois, Associate Partner, McKinsey & Company speaks to Việt Nam News reporter Vũ Hoa about this issue.

The COVID-19 pandemic has been a test for Vietnamese businesses as many have been and will be struggling to recover for the foreseeable future. Those who emerge from the crisis will have proven their mettle by overcoming an unprecedented and difficult time, said business leaders.

The State Capital Investment Corporation (SCIC) has announced it will sell its 36.3 per cent stake, or 44.2 million shares, in the Việt Nam Vegetable Oils Industry Corporation (VOC).

Salaries increased by 6.5 per cent this year at multinational companies and 5.2 per cent at Vietnamese companies, and are forecast to increase by 7 per cent and 7.7 per cent next year, according to the Talentnet – Mercer Total Remuneration Survey.

Vietnamese shares soared on Wednesday, propelled by the positive performance of the large-cap sector.

Reforms of checks on imported products would help improve the business climate while reducing time and costs, which would give significant room for growth, Minister and Chairman of the Government Office Mai Tiến Dũng jas said.

HDBank has been honoured as one of the outstanding enterprises of Việt Nam - ASEAN in 2020 for its contributions to regional and global economic development at the ASEAN Business Forum +3 (with Japan, South Korea and India) hosted by the Vietnam-ASEAN Association for Economic Cooperation Development in Hà Nội.

Phùng Đức Tiến, deputy minister of Agriculture and Rural Development, speaks to Hải Quan newspaper about Việt Nam’s plan to export high quality agro products to the European market.

The series of large projects that have come to Long An recently, especially amid the Covid-19 pandemic, are expected to greatly contribute to socio-economic development and prove the attractiveness of the province to investors.

The award ceremony of Việt Nam HR Awards 2020 Gala will bring insightful perspectives of more than 10 C-suite speakers and top responsive companies which win the unplanned of COVID-19.

Business resilience is highly correlated with level of digitisation, the Business Pandemic Resilience Diagnostic conducted by Grant Thornton Vietnam, a leading provider of national audit, tax, advisory and outsourcing services, has found out.

The latest data from the ministry sent to the National Assembly shows that Việt Nam is transitioning from an energy exporter to a net importer.

The prices of properties with land in HCM City increased by 15 per cent in the third quarter from the same period of last year due to lack of new supply, according to a report by property consultancy JLL.

Việt Nam will stay among the world's top destinations for foreign direct investment (FDI) in 2021 thanks to the country's successful effort to contain and fight off the COVID-19 pandemic, according to policymakers. 

The Prime Minister’s Economic Advisory Group met with the local fintech firm MoMo in HCM City on Monday.

Vietnam Airlines Group, listed as HVN on the Hồ Chí Minh Stock Exchange, earned nearly VNĐ24 trillion (US$1.04 billion) in total consolidated revenue in the first nine months of this year, marking an estimated loss of VNĐ10.75 trillion, said Trần Thanh Hiền, the Chief Accountant of the Vietnam Airlines Department of Finance and Accounting.

Vietnamese shares extended gains for a third day as insurance, banking and consumer companies continued their rallies on earnings hopes.