Economy

Salary of workers increased by 9.3 percent in 2017

Monday, 26 February 2018 12:47

Salary of workers increased by 9.3 percent in 2017 The average monthly salary increased by 9.3 percent in 2017, according to the Ministry of Labour, Invalids and Social Affairs.
 

ITC helps improve Vietnamese businesses’ competitiveness

Monday, 26 February 2018 12:46

ITC helps improve Vietnamese businesses’ competitiveness The International Trade Centre (ITC) will continue working with Vietnam to improve the competitiveness of its enterprises during their integration into international trade, affirmed ITC Executive Director Arancha González.
 
 

Agriculture industry aims for US$40 billion export target

Saturday, 24 February 2018 11:11

Agriculture industry aims for US$40 billion export target Agroforestry and seafood exports set a new trade record of US$36.37 billion in 2017, a rise of more than US$4 billion over the previous year and setting new milestones in the process, however, last year also brought losses in the pig-farming industry and the EU’s issuance of a yellow card to Vietnamese seafood.
 
 

Loss-making fertiliser plant seeks further government support

Saturday, 24 February 2018 11:10

Loss-making fertiliser plant seeks further government support The Ninh Binh Nitrogenous Fertiliser Company has just proposed to get an additional loan of VND350 billion (USD15.43 million) from the government to save its loss-making plant.    
 
 

Does Vietnam’s future depend on middle-class development?

Saturday, 24 February 2018 11:08

Does Vietnam’s future depend on middle-class development? Expected to account for 33 percent of Vietnam’s population by 2020, the middle class is  a major contributor to the country’s development, according to Phung Duc Tung, head of the Mekong Development Institute.    
 
 

2018 export revenue from cultivated products targeted at $21bn

Saturday, 24 February 2018 11:08

2018 export revenue from cultivated products targeted at $21bn The cultivation sector aims to earn export revenue of more than $21 billion this year, a year-on-year increase of 2.2-2.3 per cent, the Vietnam News Agency reported the Ministry of Agriculture and Rural Development as saying.
 
 

Shares slump from three-day rise

Friday, 23 February 2018 13:17

Shares slump from three-day rise  Vietnamese shares fell on February 22 as increased selling pressure during the ATC session dragged oil-gas and bank stocks down.  
 
 

Will US amended tax law divert FDI flow from Vietnam?

Friday, 23 February 2018 13:13

Will US amended tax law divert FDI flow from Vietnam? Vietnam has been warned that FDI flow to Vietnam could shrink as investors will head for the US, where the corporate income tax (CIT) rate has been cut from 35 percent to 21 percent.  
 
 

Shares rally on investor optimism

Thursday, 22 February 2018 13:53

Shares rally on investor optimism Vietnamese shares soared on February 21, the first trading day of the lunar year, thanks to positive sentiment among investors.
 
 

2017- a record year of FDI attraction

Thursday, 22 February 2018 13:52

2017- a record year of FDI attraction Vietnam’s total newly registered capital and share buying in 2017 has valued at nearly US$36 billion and implemented capital reached nearly US$20 billion. This is record growth for FDI capital in Vietnam in 10 years.
 
 

Global powerhouses to back circular economy

Thursday, 22 February 2018 13:51

Global powerhouses to back circular economy Vietnam’s ambition to build a circular economy – aimed at combating pollution and achieving more sustainable development by reusing and recycling defunct products – has attracted the participation of several foreign firms. However, in order for this new economic model to grow, state support is needed.
 
 

Startups seek to change game in smart agritech

Thursday, 22 February 2018 13:50

Startups seek to change game in smart agritech While many people scoff at the thought of working in agriculture, said to come with low productivity and low added value, a slew of local youths are pursuing smart farming support methods with the hope of making meaningful changes in the agricultural sector.
 
 

Profitable FDI businesses pay low taxes

Thursday, 08 February 2018 14:16

Profitable FDI businesses pay low taxes The foreign direct investment (FDI) sector contribute a modest amount to the State budget although they enjoy many incentives and get high profits.
 
 

Stock market 2018: high hopes put on foreign cash flow

Thursday, 08 February 2018 14:14

Stock market 2018: high hopes put on foreign cash flow Foreign capital flow, which was behind the strong rise of the Vietnam stock market in 2017, is expected to help the VN Index reach new highs in 2018.    
 
 

Quantifying informal economic sector just for reference: economists

Thursday, 08 February 2018 14:14

Quantifying informal economic sector just for reference: economists The General Statistics Office is working on a plan to assess the value created by the informal economic sector as per the government’s request.
 
 

Ministry seeks to pave ways for new airlines

Thursday, 08 February 2018 14:10

Ministry seeks to pave ways for new airlines The Ministry of Transport has completed a draft plan to expand the aviation sector for the 2018-2020 period, with view to 2030.  
 
 

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