Economy

Vietnamese firms brace for Industry 4.0

Saturday, 14 April 2018 09:59

Vietnamese firms brace for Industry 4.0 Updating technology and revamping administration are crucial for the existence and development of Vietnamese businesses amidst the fourth industrial revolution, experts said at a workshop in Ho Chi Minh City on April 12. 
 

VN enjoys $2.7b trade surplus in Q1

Saturday, 14 April 2018 09:53

VN enjoys $2.7b trade surplus in Q1 Viet Nam witnessed a trade surplus of nearly US$2.7 billion in the first quarter of this year, according to a report from the General Department of Customs.
 
 

Renewable energy: which option for Vietnam?

Friday, 13 April 2018 14:36

Renewable energy: which option for Vietnam? Considered a country with great potential for solar and wind power, Vietnam continues to be one of the 12 ‘hotspots’ in the globe for coal-fired power development.  
 
 

Vietnam’s economy to grow by 6.5 percent in 2018: WB report

Friday, 13 April 2018 14:25

Vietnam’s economy to grow by 6.5 percent in 2018: WB report The World Bank (WB) forecasts Vietnam’s economic growth to stabilise around 6.5 percent in 2018 in its East Asia-Pacific Economic Update released on April 12.  
 
 

Vietnam’s widened trade deficit with RoK: no worries

Friday, 13 April 2018 14:23

Vietnam’s widened trade deficit with RoK: no worries Vietnam has witnessed continued growth in its trade deficit with the Republic of Korea (RoK), due to the latter boosting its investment and exports to the former in a bid to cash in on tax cuts under trade pacts.
 
 

Ministry to auction Vietnam Airlines’ share purchase rights

Friday, 13 April 2018 14:22

Ministry to auction Vietnam Airlines’ share purchase rights The Ministry of Transport will auction 371.5 million share purchase rights, equivalent to 57.9 million additional shares, in Vietnam Airlines’ upcoming share issuance.
 
 

Banks seek foreign capital, but not foreign strategic shareholders

Thursday, 12 April 2018 11:22

Banks seek foreign capital, but not foreign strategic shareholders Some Vietnamese banks have revealed they are negotiating with foreign partners on capital contributions. Vietnam’s macroeconomic indicators are very good, thus attracting foreign investment funds  
 
 

Education and healthcare among priority FDI sectors in 2018-2030

Thursday, 12 April 2018 11:19

Education and healthcare among priority FDI sectors in 2018-2030 New-generation FDI attraction for 2018-2030 will focus on education and healthcare, the sectors making the most added value, in addition to financial services, metal forging & chemistry, hi-tech equipment, logistics, and pharmaceutical.
 
 

First quarter growth strong, but uncertainty looms

Thursday, 12 April 2018 11:15

First quarter growth strong, but uncertainty looms Results from the first quarter show Viet Nam’s economy maintains an impressive growth momentum, though the country’s 2018 development model will differ from past occurrences as the rest of the year will experience lower growth rates than the first three months’.  
 
 

VN-Index slightly down on southern bourse

Wednesday, 11 April 2018 10:22

VN-Index slightly down on southern bourse The benchmark VN-Index on the HCM Stock Exchange (HOSE) decreased 6.21 points to close at 1,198.11 points on April 10.   
 
 

New technological trends impact online business

Wednesday, 11 April 2018 10:20

New technological trends impact online business Vietnam’s e-commerce growth for 2017 was estimated to be about 25% and that rate is predicted to be maintained this year.
 
 

Cold supply chain: burning issue for Vietnam’s farm products

Wednesday, 11 April 2018 10:18

Cold supply chain: burning issue for Vietnam’s farm products Farmers in Hanoi have had to throw away hundreds of tons of radishes because of slow sales, reflecting the weakness in Vietnam’s cold supply chain.   
 
 

Moody’s gives positive ratings to three commercial banks

Wednesday, 11 April 2018 10:13

Moody’s gives positive ratings to three commercial banks Moody’s Investors Service has upgraded the long-term local-currency bank deposit ratings and local- and foreign-currency issuer ratings of three banks in Viet Nam from B2 to B1.  
 
 

Vietnam Food Association risks losing rice monopoly

Tuesday, 10 April 2018 13:33

Vietnam Food Association risks losing rice monopoly Following recent criticism of the Vietnam Food Association (VFA), the Ministry of Agriculture and Rural Development (MARD) has reduced the association’s power, with further plans to promote fairness in rice exports.  
 
 

Vietnam`s US$2 billion cosmetics market controlled by foreign brands

Tuesday, 10 April 2018 13:32

Vietnam`s US$2 billion cosmetics market controlled by foreign brands Vietnamese spend an average of $4 a month per capita on beauty products and services, while women spend VND140,000 (nearly $6) a month. 
 
 

Moody’s give positive ratings to three commercial banks

Monday, 09 April 2018 13:07

Moody’s give positive ratings to three commercial banks Moody’s Investors Service has upgraded the long-term local-currency bank deposits ratings and local- and foreign-currency issuer ratings of three banks of Vietnam from B2 to B1.
 
 

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