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Some 1,300 tonnes of farm produce exported via Lào Cai Border Gate

  The Lào Cai International Border Gate in the northern mountainous province of Lào Cai. Photo baotintuc.vn HÀ NỘI More than 1,300 tonnes of agricultural products worth about VNĐ20 billion (US$860,000) were exported to China via the Lào Cai International Border Gate in the northern mountainous province of Lào Cai on Sunday (the second day of the Lunar New Year). These ... Read More »

Domestic companies sign deals in livestock industry

  Pork is an essential food item and accounts for a large proportion in the structure of food consumption. — Photo vtv.vn HÀ NỘI — The Vietnamese livestock industry is expected to attract professional producers in the coming years. Deals between domestic enterprises with strong potential will help the industry compete. Co-operation and production chains through official contracts between producers, slaughterhouses and ... Read More »

Firms urged to be cautious when exporting to Myanmar

      Staff from Lumi Việt Nam Co introduce home technology solutions to a client during the Việt Nam Expo 2019 in Myanmar late last year. Photo nhathongminhviet.vn HÀ NỘI — Vietnamese exporters need to be cautious when shipping goods to Myanmar despite untapped opportunities available in the market, according to the Việt Nam Trade Office in Myanmar. Under Myanmar’s regulations, if imported ... Read More »

Share prices of dairy industry see slight increase in 2019

  A Vinamilk production line. The price of VNM shares were almost unchanged on the stock market in 2019. — VNA/VNS Photo HÀ NỘI — The dairy industry grew 0.5 per cent in market capitalisation in 2019, much lower than the average growth of 7.7 per cent of the VN-Index, according to a report issued recently by SSI Securities Joint Stock Company (SSI). ... Read More »

Reforms to be growth driver in 2020

  Japan-invested Toyota Việt Nam in Vĩnh Phúc Province. Establishing linkage between foreign-invested and domestic firms was important to promoting economic reforms. — VNA/VNS Photo Danh Lam HÀ NỘI — Institutional reforms will continue to be the major growth driver in 2020 and beyond, while a focus would be placed on removing barriers and connecting firms to establish value chains, Chairman of ... Read More »

Industry 4.0 brings big changes for stock market

  An investor watches stocks on his computer. — Photo vnreview HÀ NỘI — Increasing internet and mobile network coverage has changed the way Trần Văn Toàn, a stock investor with 15 years’ experience in Hà Nội, does business. Toàn said the sight of people flocking to stock exchanges to place orders every day was rare. It had been replaced ... Read More »

SSI shrugs off market volatility to achieve targets

  SSI Securities Corporation met its revenue and profit targets last year despite the volatility in the securities market. — Photo Courtesy of SSI HCM CITY — SSI Securities Corporation achieved consolidated revenues of VNĐ3.3 trillion (US$142.8 million) last year, or 112 per cent of the target it had set, and its pre-tax profit target of VNĐ1.01 trillion ($43.7 million). ... Read More »

Authorities retain high prices to encourage rooftop solar

A rooftop solar power system in a house in the southern province of Cần Thơ City. – VNS Photo thanhnien.vn HCM CITY – Vietnam Electricity (EVN) has agreed to keep the current feed-in tariff of 9.35 US cents per kWh for rooftop solar power until 2021 as recommended by the Ministry of Industry and Trade. The ministry had said it ... Read More »

FDI inflow in Đà Nẵng hits nearly $700m in 2019

  A vehicle assembly plant invested by Nissan Vietnam Ltd – a joint venture between Nissan Motor Co Japan and Tan Chong Motor Holdings Berhad Malaysia in Đà Nẵng. Photo baochinhphu.vn HÀ NỘI Foreign investors pumped nearly US$700 million into the central coastal city of Đà Nẵng in 2019, according to the municipal Department of Planning and Investment.  Of the total, about $440 ... Read More »

High demand for rare fruits in Mekong Delta

  Trần Văn Huy of Sóc Trăng Province stands beside his purple longan tree. — VNA/VNS Photo HCM CITY — In the Cửu Long (Mekong) Delta, traders and consumers scour for unique fruits such as purple longan, red-flesh orange and jabuticaba and do not mind paying high prices for them. Purple longan was discovered by chance by Trần văn Huy, 63, ... Read More »