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Category Archives: Business

Agribank filings show less bad debt

Agribank’s headquarters in Hà Nội. New financial reporting shows that Agribank’s ratio of bad debts has fallen. – VNA/VNS Photo Viet Nam News HÀ NỘI — Non-performing loans (NPLs) of State-owned Bank for Agriculture and Rural Development (Agribank) kept at the Việt Nam Asset Management Company (VAMC) have dropped by over VNĐ9.4 trillion (US$401.7 million) ... Read More »

VN-South Korea co-operates in creative design

Participants cut the ribbon at the launching ceremony of the Việt Nam-Korea Design Center (VKDC) held in Hà Nội on Friday. — Photo courtesy of VIETRADE Viet Nam News HÀ NỘI — A wide range of services related to corporate design and branding will be provided by the Việt Nam-Korea Design Center (VKDC), launched in Hà Nội on Friday. The ... Read More »

Relaxation of foreign ownership cap helps VN market raise status

Investors during a trading session on the VNDirect Stock Exchange Floor. — VNA/VNS Photo Phạm Hậu Viet Nam News HÀ NỘI — The new amended draft law on securities allowing full foreign ownership at public companies and investment funds would help Việt Nam’s securities market be included in the Morgan Stanley Capital International (MSCI)’s review list for a potential reclassification ... Read More »

Steel producers face anti-dumping lawsuits

Steel at Thái Nguyên Iron and Steel Corporation. — VNA/VNS Photo Hoàng Nguyên Viet Nam News HÀ NỘI — A recent rise in anti-dumping lawsuits in the local steel industry has steelmakers worried. Statistics from the Việt Nam Steel Association (VSA) show that in the first eight months of the year, steel exports were 41 per cent higher than in ... Read More »

Local firms and farmers must meet tracebility requirements in foreign markets

Local enterprises and farmers needed more information about the origin of export products because importers and retailers overseas had higher demands for traceability of agricultural products, according to experts.–Photo baocongthuong.vn HÀ NỘI – Local enterprises and farmers needed more information about the origin of export products because importers and retailers overseas had higher demands for traceability of agricultural products, according ... Read More »

Vietnamese office market has huge potential for growth

Growth in the domestic office market has continued this year and is set to remain at record levels well into the future after more than 7 per cent growth in grade A rents last year, according to Savills Việt Nam.— Photo vietnamfinance.vn HCM CITY — Growth in the domestic office market has continued this year and is set to remain at ... Read More »

Nafoods to develop organic fruit in Tây Ninh

Nafoods Group JSC and the People’s Committee of Tây Ninh Province sign a memorandum of understanding to develop fruit for export. – VNA/VNS Photo Lê Đức Hoảnh Viet Nam News TÂY NINH — On October 4, Nafoods Group JSC and the People’s Committee of Tây Ninh Province signed a memorandum of understanding to develop a complex of fruit trees and ... Read More »

Đồng Nai attracts nearly US$1.3 billion in FDI in nine months

A view from Nhơn Trạch Industrial Park in the southern province of Đồng Nai. — Photo baodongnai.com.vn Viet Nam News ĐỒNG NAI — Nearly US$1.3 billion in foreign direct investment (FDI) landed in the southern province of Đồng Nai in the first nine months of 2018, surpassing the yearly target by 30 per cent, according to the provincial Department of ... Read More »

Viettel mobile internet fastest in VN

Viettel has the largest 3G/4G infrastructure coverage in Việt Nam. — VNS Photo Viet Nam News HCM CITY — SpeedTest, the global leader in fixed broadband and mobile network testing applications, data and analysis, has rated Viettel the fastest mobile internet service provider in Việt Nam. The results were the outcome of 1.61 million tests done by Vietnamese subscribers using ... Read More »

European companies more positive about the business environment in Việt Nam

EuroCham members reported an optimistic outlook on a range of issues, from their own investment and profit projections to workforce levels and Việt Nam’s macroeconomic outlook. — VNA/VNS Photo Hải Âu Viet Nam News HÀ NỘI — New data from the Business Climate Index (BCI) of the European Chamber of Commerce in Việt Nam (EuroCham) shows European companies are more ... Read More »