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Pepper sector urged to renew growth model

    A farmer harvests pepper. The Ministry of Agricultural and Rural Development is working with localities to examine the development of pepper farming with a view to designing a sustainable growth orientation. — Photo congthuong.vn     HÀ NỘI — Experts have said Viet Nam’s pepper industry had better change its growth model and enhance quality to take advantage of free ... Read More »

Việt Nam ranked third most active startup ecosystem in ASEAN

    Vietnamese start-ups raised a total of US$246 million during the first half of 2019. Photo fintechnews.sg HÀ NỘI Việt Nam jumped from fifth to third in the list of most active start-up ecosystems in the six largest ASEAN economies in only two years. The change was from the first half of 2017 to the corresponding period of 2019, with the country trailing ... Read More »

Thái Bình introduces investment opportunities to German investors

  A meeting between Thái Bình authorities and enterprises from Thuringen state of Germany. Photo VNA BERLIN – The northern province of Thái Bình has untapped potential in many sectors such as agriculture, industry, mining, renewable energy, footwear, textile and garment and personnel training thanks to favourable transport conditions and an abundant labour force, according to local authorities.  Nguyễn Hồng Diên, Secretary of the provincial ... Read More »

Bình Dương vows to facilitate Taiwanese investors

  Overview of the meeting between Taiwanese enterprises and Bình Dương’s authorities on Wednesday. — Photo baochinhphu.vn BÌNH DƯƠNG — The southern province of Bình Dương will continue improving the local investment climate, focusing on accelerating administrative reforms and sharpening its investment competiveness in order to better facilitate foreign investors including those from Taiwan. Vice chairman of the province’s People’s Committee ... Read More »

Hà Nội to hold Innovation Summit next week

  Deputy Director of Hà Nội Department of Science and Technology Nguyễn Anh Tuấn makes a speech at the press conference. — Photo cafef.vn HÀ NỘI — Hà Nội Innovation Summit 2019 will be held at the National Convention Centre on August 29-30. The event will be an opportunity to promote the awareness of entrepreneurship and start-up spirit among the ... Read More »

Central city, US partners agree to boost investment

  Universal Alloy Corporation from the US starts construction of its first aircraft components manufacturing plant in Đà Nẵng. The city has called for investment from the US in hi-tech and information technology parks. — VNS Photo Công Thành  ĐÀ NẴNG — Three Memorandums of Understanding (MoUs) on promoting investment, hi-tech manufacturing and expert training have been signed among the central ... Read More »

Shares up on banking, energy stocks

  Oil transmission pipes at the PV Oil Corporation. The increase of world oil prices has helped local oil and gas stocks advance. — VNA/VNS Photo Huy Hùng  HÀ NỘI — Vietnamese shares advanced on Wednesday with the two main stock indices rising, largely on the strength of a handful of banking and energy blue-chips. The VN-Index on the Hồ Chí Minh ... Read More »

Việt Nam is Asia’s bright spot amid trade tensions: UOB report

  An electronic equipment production line at VINASINO Electrical Equipment JSC. UOB expects Việt Nam’s economy to expand 6.7 per cent in 2019. — VNA/VNS Photo Danh Lam HÀ NỘI — Việt Nam is Asia’s bright spot amid trade tensions, said the latest report on Việt Nam’s economy by the United Overseas Bank Limited (UOB), which forecast the country’s economy will expand 6.7 ... Read More »

Authorities urged to promote Central region’s economy

  Prime Minister Nguyễn Xuân Phúc (centre) hands over certificates of merit to representatives of An Nhơn and Hoài Nhơn districts in the central coastal province of Bình Định, which have completed the construction of new rural areas. This is part of his working visit to the province to host the economic conference on Tuesday. — VNA/VNS Photo Thống Nhất HÀ ... Read More »

Banks raise certificates of deposit rates to more than 10%

  Certificates of deposit are increasingly popular as interest rates are some 1-2 percentage points higher than normal deposits. — Photo cafef.vn HÀ NỘI — Banks have increased their interest rates on certificates of deposit (CDs), bringing them in excess of 10 per cent per year with the aim of mobilising long-term capital. Bản Việt Bank recently announced it was issuing ... Read More »