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Long An aims for 9.6% GRDP growth

A factory in Long An Province’s Long Hậu Industrial Park. The province is aiming forGRDP growth of 9.6 per cent in 2019. – VNA Photo Thanh Vũ Viet Nam News LONG AN – Long An Province aims for a Gross Regional Domestic Product of 9.6 per cent and a GRDP per capita of VNĐ74 million ... Read More »

Firm to invest $200m in VSIP Nghệ An

A view of VSIP Nghệ An. A Singaporean company will invest in a textile project in VSIP Nghệ An. – Photo Viet Nam News HÀ NỘI – A Singaporean company will invest in a textile project in the Việt Nam-Singapore Industrial Park in Nghệ An Province (VSIP Nghệ An). This project is invested by Singapore’s Royal Pagoda Private Limited ... Read More »

FAA announces aviation safety rating for Việt Nam

US Ambassador to Việt Nam Daniel J. Kritenbrink presents a letter from the FAA to Director General of Civil Aviation Authority of Vietnam Đinh Việt Thắng and congratulates Vietnam on achieving a Category 1 aviation safety rating. — Photo US Embassy Viet Nam News HÀ NỘI — Việt Nam on Thursday received a Category 1 aviation safety rating from the ... Read More »

VN’s watermelons face many regulations from China

MoIT recommends that producers and exporters of agricultural products, fruits in general, watermelons in particular, cooperate actively with Chinese importers to study and comply with regulations on quality standards. — Photo Viet Nam News HÀ NỘI — The Asia – Africa Market Department, under Ministry of Industry and Trade (MoIT), has made some recommendations for Vietnamese enterprises when exporting watermelons to China. ... Read More »

Banks hold auctions to cut bad debts

Agribank headquarters in Hà Nội. Agribank AMC will hold an auction on February 27 to sell assets from Đại Việt Company. – VNA/VNS Photo Viet Nam News HÀ NỘI – Some banks are putting assets secured with non-performing loans worth hundreds of billions of Vietnamese đồng up for auction in the first days of the Lunar New Year to speed up the ... Read More »

Gov’t eases conditions for offshore indirect investment

Securities companies will need to demonstrate three consecutive years of profits to be eligible for an offshore indirect investment licence. — Photo SSI Viet Nam News HÀ NỘI — The Government has issued a new decree to facilitate business conditions for offshore indirect investment, credit information activities and intermediary payment services under the management of the State Bank of Việt ... Read More »

Petro firms drive VN Index up for a third day

Technicians at Cà Mau Gas Factory – a sub-unit of PetroVietnam Gas Corporation – operate a pipeline in the southern province of Cà Mau. Petroleum stocks, such as PetroVietnam Gas (GAS), were driven up by increasing oil prices on Wednesday. — Photo Viet Nam News HÀ NỘI — Vietnamese shares extended their growth for a third straight day as ... Read More »

South eyes increased FDI in manufacturing

Workers process shoes at PouYuen Vietnam Enterprise Ltd in the southern province of Bình Dương. — VNA/VNS Photo Thanh Vũ Viet Nam News HCM CITY — Foreign direct investment (FDI) in manufacturing in the Southern Key Economic Zone last year exceeded the target, and authorities in the provinces and cities comprising the zone are hoping the trend will continue. “In 2018 Bình ... Read More »

VN stocks jump on 2019 earnings outlook

Projector screens show share prices at Saigon Securities Inc. – VNS Photo Đoàn Tùng Viet Nam News HÀ NỘI — Vietnamese shares rose strongly on Tuesday to extend gains for a second session as investor sentiment remained positive on 2019’s corporate performances. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange gained 1.24 per cent to close at 937.54 ... Read More »

Vietnamese market best in the region: Deputy PM

Deputy Prime Minister Vương Đình Huệ. — Photo HÀ NỘI — The Vietnamese stock market was Southeast Asia’s most successful market in 2018 in terms of capital mobilisation, said Deputy Prime Minister Vương Đình Huệ. In a New Year meeting held on Sunday, Huệ was quoted by online news outlet as saying that the speeding up of the ... Read More »