Economy

Vietnam remains world’s second largest shoe exporter

Friday, 06 April 2018 11:14

Vietnam remains world’s second largest shoe exporter Vietnam has earned over 2.8 billion USD from exporting shoes since the beginning of 2018, thus maintaining the second position in the world in terms of shoes export.
 

Ministry says it gets support to hike environment tax on fuels

Thursday, 05 April 2018 10:55

Ministry says it gets support to hike environment tax on fuels Most of relevant ministries, agencies, localities, organizations and individuals have thrown their weight behind a draft resolution to increase environmental protection tax on fuels prepared by the Ministry of Finance, according to news site Vietnamnet.
 
 

HNX to host six share auctions in April

Wednesday, 04 April 2018 13:00

HNX to host six share auctions in April The Hanoi Stock Exchange said that it will organise six auctions in April to offload shares of Kim Lien Tourism JSC, Song Hong Energy JSC, Lung Lo 3 Co., Ltd, Vietnam Television Cable Corporation one member Co., Ltd, Van Tuong Investment Structure one member Co., Ltd and Orient Commercial Joint Stock Bank.
 
 

Foreign bankers reconsidering local partnerships

Tuesday, 03 April 2018 14:08

Foreign bankers reconsidering local partnerships More than a decade after Vietnam tried to increase the efficiency of local banks without disrupting the human capital and knowledge embedded in existing structures, under a policy of “strategic partnerships”, divestitures of minority stakes in important local banks by several foreign investors last year put an end to the hotly-debated policy. 
 
 

Seafood export faces numerous barriers

Monday, 02 April 2018 11:13

Seafood export faces numerous barriers Despite strong outbound sales so far this year, Vietnam’s target of earning US$9-10 billion from seafood exports in 2018 may prove tough due to numerous technical barriers being set up in major markets, Nguoi Lao Dong newspaper reports.  
 
 

CPTPP likely to launch early 2019

Saturday, 31 March 2018 09:54

CPTPP likely to launch early 2019 At least six member countries of the Transpacific Partnership’s new avatar, the CPTPP, including Viet Nam, are likely to ratify it this year, enabling it to come into force in early 2019, a seminar heard in HCM City on Thursday.
 
 

Vietnam`s GDP growth in Q1 highest over 10 years

Thursday, 29 March 2018 12:39

Vietnam`s GDP growth in Q1 highest over 10 years Vietnam’s Gross Domestic Product (GDP) in the first quarter of 2018 is forecasted to exceed 7%, the highest figure recoded over the recent 10 years. 
 
 

Vietjet signs MoU with Safran, finance deal with GECAS

Wednesday, 28 March 2018 13:14

Vietjet signs MoU with Safran, finance deal with GECAS Vietjet Aviation Joint Stock Company and Safran Aircraft Engines on March 27 signed a Memorandum of Understanding (MoU) on comprehensive collaboration under the witness of General Secretary of the Communist Party of Vietnam Nguyen Phu Trong and French President Emmanuel Macron.
 
 

PV Power proposes taking over Nhon Trach 3 and 4 thermal power plants

Tuesday, 27 March 2018 11:03

PV Power proposes taking over Nhon Trach 3 and 4 thermal power plants PetroVietnam Power Corporation (PV Power), the second largest electricity producer of Vietnam, may replace PetroVietnam as the investor of Nhon Trach 3 and 4 thermal power plants located in Ong Keo Industrial Zone (IZ) in the southern province of Dong Nai.
 
 

Vietnam’s 2018 list of billionaires includes industry titans

Monday, 26 March 2018 11:31

Vietnam’s 2018 list of billionaires includes industry titans In the past, nearly all wealthy Vietnamese were real estate developers, but now two industry billionaires have appeared on Forbes’ list of billionaires.  
 
 

Quang Ninh tops in provincial competitive index

Saturday, 24 March 2018 11:37

Quang Ninh tops in provincial competitive index The northeastern province of Quang Ninh, for the first time ever, became the most competitive locality in the country, topping Vietnam’s Provincial Competitiveness Index (PCI) 2017.  
 
 

Government plans pilot application of new payment services

Friday, 23 March 2018 12:59

Government plans pilot application of new payment services Deputy Prime Minister Vuong Dinh Hue has asked relevant bodies to report a pilot plan on applying new payment services to Prime Minister before April this year.
 
 

Government approves rights to purchase Vietnam Airlines’ shares

Thursday, 22 March 2018 12:06

Government approves rights to purchase Vietnam Airlines’ shares The Ministry of Transport (MoT) will transfer its rights to purchase shares additionally issued by the Vietnam Airlines Corporation through auction at the Ha Noi Stock Exchange.
 
 

Former NA official urges support of wealthy people who can help VN’s development

Wednesday, 21 March 2018 12:38

Former NA official urges support of wealthy people who can help VN’s development “Let’s support the rich who are talented and whole-hearted, who can help the country’s development,” said Dr. Nguyen Sy Dung, former vice chairman of the National Assembly Office, about Vingroup, the largest private economic group in Vietnam.  
 
 

US antidumping duties on Vietnam’s frozen fish fillets unfair: Ministry

Tuesday, 20 March 2018 11:01

US antidumping duties on Vietnam’s frozen fish fillets unfair: Ministry Vietnam’s frozen Tra fish fillets will be subject to antidumping duties of 2.39 – 7.74 USD per kilogramme from the United States, according to a US decision which the Ministry of Industry and Trade (MoIT) claimed unfair and providing unduly excessive protection.
 
 

VietJet inks deal to open direct flights between HCM City, Brisbane

Saturday, 17 March 2018 13:06

VietJet inks deal to open direct flights between HCM City, Brisbane Vietnamese budget carrier VietJet and the Brisbane Airport Corporation (BAC) of the Australian state of Queensland signed a cooperation agreement in Sydney on March 16 to open a direct route connecting Ho Chi Minh City and Brisbane.
 
 

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