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Forum talks high-tech agriculture

A forum focusing on the development and connections of local start-ups and the agricultural sector in the fourth industrial revolution was held on Thursday in the southern province of Đồng Tháp’s Cao Lãnh City.– Photo baodongthap.vn ĐỒNG THÁP – A forum focusing on the development and connections of local start-ups and the agricultural sector in ... Read More »

Localities urged to control pork prices

The Ministry of Agriculture and Rural Development have urged localities to stabilise pork prices which have been on the rise. Pork prices have been on the rise Over the past two months, pork prices have increased, even reaching VND56,000 (USD2.54) per kilo live weight, up 2.5 times compared to the same period of last year. This has caused retailed pork ... Read More »

VNPT and Maritime Bank sign comprehensive co-operation agreement

VNPT and Maritime Bank signed a comprehensive co-operation agreement on deploying new technology to customers. — Photo vietnamplus.vn Viet Nam News HÀ NỘI — The Việt Nam Posts and Telecommunications Group (VNPT) and Maritime Commercial Joint Stock Bank (Maritime Bank) signed an agreement on deploying new technology to customers on Wednesday. Under the deal, the two sides will promote joint venture activities ... Read More »

VN Central Bank makes net withdrawal of $2.55 billion

Liquidity in the banking system has improved in the past week, pushing the State Bank of Viet Nam to make a net withdrawal of VND60 trillion (US$2.55 billion). According to the latest monetary report by Saigon Securities Incorporation (SSI), the central bank issued bills worth VND42.95 trillion last week with terms of 7, 14, 28, 91 and 140 days, of ... Read More »

Experts optimistic on Việt Nam’s MA scene

The “Việt Nam M&A Forum 2018: New thrust, new era” conference. — VNS Photo Viet Nam News HCM CITY — Mergers and acquisitions (M&A) have become a popular investment channel and a crucial factor in restructuring companies to improve their efficiency and competitiveness and that of the economy, a conference heard in HCM City yesterday. Speaking at the “Việt Nam ... Read More »

Domestic firms remain wary of franchises

Most Vietnamese enterprises that have franchised their brands to other countries have done so only when these opportunities were offered by foreign firms, instead of mapping out specific strategies on their own, Nguyen Phi Van, chairwoman of Retail & Franchise Asia, told local media on August 7. Nguyen Phi Van, chairwoman of Retail & Franchise Asia, and Shin Ji Hang, ... Read More »

More favorable criteria for app-based, ride-hailing services

E-charter autos, including Grab cars, with fully registered information may not need to install taxi signs or add taxi badges to their rearview mirror, as earlier proposed, according to the latest draft decree which the Ministry of Transport sent to the Government, reported the local media. Grab cars are parked on a road in Vietnam. According to the latest draft ... Read More »

Việt Nam Manufacturing Expo returns to Hà Nội

A booth at the Việt Nam Manufacturing Expo 2018. — VNS Photo Viet Nam News HÀ NỘI — The Việt Nam Manufacturing Expo (VME) 2018 opened its doors on Wednesday at the Hà Nội International Exhibition Centre in the capital. With more than 200 leading brands in the industry participating, including those from Japan, Singapore, Thailand and Taiwan, this year’s ... Read More »

Ecommerce on the rise as customers go mobile

The popularity of mobile e-commerce in Vietnam has seen its strongest yearly growth with the usage of e-payment systems increasing at an estimated rate of 22% per annum. Smart phones have been the medium for 72% of the total hits on e-commerce websites, while 53% of online shopping transactions have been conducted via mobile platforms. According to Appota’s report on ... Read More »