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

Việt Nam eyes positive outlook amid US tariff pressures

Tiền Giang’s Q1 fruit exports up 20.3%

Tiền Giang Province exported 1,920 tonnes of fruit in the first quarter with US$3.9 million in turnover, a 20.3 per cent increase in value year-on-year.

Agricultural land price increases during COVID-19

While most of the realty segment has struggled during the COVID-19 pandemic, agricultural land is still a hot investment as more people want to return to rural areas for a more environmentally-friendly life.

Major cities required to improve food safety standards

The People's Committees of Hà Nội, HCM City and other large cities need have pilot application of standards and technical regulations on food safety for products consumed on the domestic market and exported.

90 per cent of travel firms suspend operations

More than 20,000 staff at hotels and tourist accommodations in HCM City were laid off or put on unpaid leave in the first quarter of the year due to the COVID-19 pandemic, according to a report released by the municipal Department on Monday (April 13).

Pyn Elite Fund and Dragon Capital sells off Mobile World shares

MWG, one of the biggest mobile phone and accessory retailers in Việt Nam, has occupied a large proportion in the investment portfolios of Pyn Elite Fund and Dragon Capital for many years.

Shares swing as profit-taking gets stronger

Vietnamese shares stuttered on Tuesday amid profit-taking as investors looked for a way to lock in profits following recent market rallies.

Rice exporters surprised with the quick end of export quota

Many rice exporters were surprised and claiming for shortcomings because the export quota of 400,000 tonnes of rice in April ended quickly just in three hours.

VN could become world’s face mask factory amid COVID-19

The garment industry was suffering an unprecedented crisis due to COVID-19, but the pandemic also brought significant opportunities for Việt Nam to become the world’s face mask factory.

Japanese enterprises in Việt Nam face revenue loss amid Covid-19 pandemic

Production and revenue is expected to fall at 70 per cent of Japanese enterprises in Việt Nam in the second quarter, according to a survey of the Japan External Trade Organisation (JETRO).

Fitch affirms 'BB' ratings on EVN, EVNNPT, PVN; revises outlooks to stable

Fitch Ratings has affirmed issuer default ratings and senior unsecured ratings of Vietnam Electricity (EVN), National Power Transmission Corporation (EVNNPT) and Vietnam Oil and Gas Group (PVN) at 'BB'.

Vietjet ensures flights during national social distancing

Vietjet has operated regular daily flights and cargo flights to ensure sufficient goods for people and meet their flying demand during the national social distancing period, the airline announced on Tuesday.

MoIT requests Hải Phòng to create favourable conditions to transport goods

The Ministry of Industry and Trade (MoIT) on Monday requested Hải Phòng City People's Committee to ensure smooth goods transport of trading enterprises and logistics services coming to and from the city while implementing the COVID-19 pandemic prevention activities.

EVN power supply rises in first quarter

Electricity of Việt Nam’s production and import of power increased by 6.3 per cent year-on-year in the first quarter, ensuring safe and uninterrupted supply is available amid the COVID-19 pandemic.

Vinachem asks to apply 0% tax rate to fertiliser products

The Việt Nam National Chemical Group (Vinachem) has sent a document to Việt Nam Fertiliser Association, asking the National Assembly to add fertiliser to the list of products subjected to value added tax (VAT).

South Korea, Việt Nam eye closer co-operation in supply chain

Việt Nam and South Korea will also discuss food security, rice supply, fruit, vegetables and seafood trade amid the COVID-19 pandemic.

Publishing house to divest capital from Tân Mai Group

Tân Mai Group, formerly known as Việt Nam Paper Technology Company, was established in 1958 as a State-owned company.

PV Power fulfills 23 per cent of yearly revenue target in Q1

The company recorded more than 5,267 million kWh of electricity output in the quarter.

Investment in HCM City export processing, industrial zones up 86%

Export processing and industrial zones in HCM City saw US$117 million of investment poured into the zones in the first quarter, a 86 per cent increase compared to the same period last year, according to the HCM City Export Processing and Industrial Zones Authority.

Bà Rịa – Vũng Tàu to grant ownership certificates for condotels

The municipal Department of Natural Resources and Environment would be in charge of providing detailed instructions for granting land and house ownership certificates for condotels.