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

Reassessing VAT regulations for mineral resources and exports: VCCI

Businesses seek tax reduction to foster recovery after pandemic

The COVID-19 pandemic is a huge challenge for businesses irrespective of sector and size in all regions and countries, including Việt Nam.

Ministry to set up research group on cryptocurrency to tighten management

The Ministry of Finance has decided to set up a research group which would be in charge of studying and proposing policies to manage virtual assets and crypto currency.

PM Phúc tells Việt Nam to restart the economy

The COVID-19 pandemic was basically under control in Viet Nam, so it was time to restart the local economy, said Prime Minister Nguyễn Xuân Phúc at a meeting with businesses on Saturday.

Wood processing firms survive amid Covid-19, eye post-pandemic opportunities

Many wood processing firms have managed to operate despite the Covid-19 pandemic and many have even chalked out measures to take advantage of the opportunities on offer when the pandemic is over.

Investors lose in April as covered warrants fall due to market decline

The 19 covered warrant items were issued by SSI Securities (SSI), VPS Securities (VPS), HCM City Securities (HSC) and MB Securities (MBS).

PM calls for greater efforts to achieve growth of over 5 percent this year

Prime Minister Nguyễn Xuân Phúc has called for greater efforts to restart the national economy with the aim of achieving a GDP growth rate of over 5 per cent and keeping inflation under 4 per cent this year.

Quảng Trị eyes $86m logistics centre

The People Committee of Quảng Trị has approved in principle for Đông Nam ICD JSC to develop a logistics centre, expected to cost more than VND2 trillion (US$86 million), in Hải Quế Commune’s East South Quảng Trị Economic Zone.

Seafood exports continue reduction in Q2

Việt Nam’s seafood exports will continue to see reductions in next few months due to the pandemic, according to the Việt Nam Association Seafood Exporters and Producers (VASEP).

MARD is confident about shrimp export target

Though the brackish-water shrimp industry in 2020 has faced many challenges due to extreme weather and the COVID-19 pandemic, leader of the Ministry of Agriculture and Rural Development (MARD) is still optimistic.

Thừa Thiên Huế looks for new projects

Top priority will be given to Industry 4.0 areas including IT, hi-tech farming, new material production and biological technology, following the province’s investment promotion plan in 2020 issued on Thursday by the provincial People’s Committee.

Ownership, risk-sharing must be clarified in PPP law: experts

The draft PPP law is expected to be passed at the 14th National Assembly’s ninth meeting later this month.

PM asks nation to save electricity

Prime Minister Nguyễn Xuân Phúc has called for the country to save at least 2 per cent of total energy consumption each year.

ICT firms report revenue reduction of up to 90%

Revenue of information, communication and technology (ICT) firms was estimated to have fallen by 30 to 90 per cent in the first quarter of the year due to the COVID-19 pandemic.

State should control corporate bond issuance of property firms: MoC

Successful property transactions in the first quarter of this year decreased by 60 per cent from the same period last year, according to the Ministry of Construction (MoC)’s quarterly report on the domestic real estate market released on Thursday.

Property developers go on hiring binge as they wait for post-pandemic recovery

Many property companies are announcing plans to hire new employees, indicating a positive signal in a market hit by the COVID-19 pandemic.

Tenants moving out of commercial spaces despite rent cuts

Many of the most expensive and best-selling commercial spaces in HCM City and Hà Nội are now struggling to find customers even after landlords have cut the prices by 30-50 per cent.

Lào Cai wants an airport

People’s Committee in the northern province of Lào Cai has asked Prime Minister Nguyễn Xuân Phúc for approval on the investment policy for Sapa Airport.

Vinamilk's revenue up 7.3% in Q1

Vinamilk still enjoyed successes during the first quarter of this year despite COVID-19 pandemic.

SHB completes share issuance to raise charter capital to US$650.5 million

Sài Gòn – Hà Nội Joint Stock Commercial Bank (SHB) has successfully issued more than 500 million shares, increasing its chartered capital to VNĐ17.5 trillion (US$750.5 million).

PM: HCM City must regain position as economic locomotive

HCM City must regain its position as the locomotive of the national economy, Prime Minister Nguyễn Xuân Phúc said during a video conference with key officials from the southern hub on Friday.