A station of Petrolimex, a State-owned enterprise under the management of the Commission for the Management of State Capital at Enterprises. A project to develop large-scale SOEs is to be developed. — Photo moit.gov.vn HÀ NỘI — The Government has asked the Ministry of Planning and Investment to build a project on developing large-scale State-owned […]
The Southeastern Nghệ An Economic Zone. — Photo baotainguyenmoitruong.vn HÀ NỘI — Deputy Prime Minister Trịnh Đình Dũng has just signed Decision No 301/QĐ-TTg approving the overall adjustment task of the Southeastern Nghệ An Economic Zone by 2040. The objective of planning for construction of the Southeastern Nghệ An Economic Zone conforms to the national […]
The State Capital Investment Corporation (SCIC) plans higher revenue and profit for 2020. — Photo baotintuc.vn HÀ NỘI — The State Capital Investment Corporation (SCIC) plans to achieve revenue of more than VNĐ6.9 trillion (US$298.5 billion) this year. SCIC also plans to earn a profit before tax of VNĐ4.84 trillion and contribute VNĐ3.47 trillion to the state budget. The […]
TIBCO Software opens an office in Hà Nội. — Photo vnmedia.vn HÀ NỘI — TIBCO Software opened an engineering office in Hà Nội on Wednesday. TIBCO Software is a US company specialising in integration, API management and data analysis. Sharing about the decision to increase its presence in the Vietnamese market, Erich Gerber, senior vice […]
A Nguyễn Kim electronic retail store in HCM City. The firm has been acquired by Thailand’s conglomerate Central Group. – Photo cafef.vn HÀ NỘI – Thailand-based conglomerate Central Group, through its subsidiary, has taken the control of the Vietnamese electronics retailer Nguyễn Kim. The deal was revealed after the group’s sub-unit, Central Retail Corporation […]
Workers at Young Poong Electronics VINA in northern Vĩnh Phúc Province. — VNA Photo HÀ NỘI — Vietnamese electronics makers have until the end of this quarter to find alternative sources for their input materials as inventories run low and supply would likely remain disrupted due to outbreaks of novel coronavirus (COVID-19) in China and S. Korea, according […]
Inside a VEAM factory. The Ministry of Industry and Trade wants to remain a major shareholder in VEAM instead of transferring the State capital control to SCIC. — Photo ndh.vn HÀ NỘI — Ministries are working to convince Prime Minister Nguyễn Xuân Phúc to amend divestment plans at some large State-owned enterprises (SOEs). The […]
A woman shops online. E-commerce is a business line which requires prerequisites. Việt Nam needs to improve on the deregulation of business prerequisites. — Photo thuonggiaonline.vn HÀ NỘI — Việt Nam needs to focus on improving business conditions to ensure deregulation really benefitted businesses, heard a conference held by the Central Institute for Economic Management (CIEM) on Thursday in Hà […]
Bến Tre City in the southern province of Bến Tre which lured the largest amount of FDI in the first two months of this year. — Photo nguyenkimtravel.com HÀ NỘI — The inflow of foreign direct investment (FDI) to Việt Nam saw a strong decline of 24 per cent year-on-year to nearly US$6.47 billion in the […]
The cow farm of dairy producer Vinamilk (VNM) in Đơn Dương District, Lâm Đồng Province. VNM gained 2.3 per cent on Thursday. — VNA/VNS Photo Phạm Kha HÀ NỘI — VN-Index finished down on Thursday morning but recovered in the afternoon thanks to growth among individual large-cap stocks. The benchmark VN-Index on the Hồ Chí […]
Workers install solar panels in the roof of a building. The second edition of the Made in Việt Nam Energy Plan (MVEP 2.0) makes a stronger call for renewable energy. — VNA/VNS Photo HÀ NỘI — The Việt Nam Business Forum (VBF) on Thursday launched the second edition of the Made in Việt Nam Energy Plan […]
Clients register for services of Metfone – a telecommunication brand of Viettel in Cambodia. — Photo qdnd.vn HÀ NỘI — Vietnamese businesses pumped US$30.3 million overseas in the first two months of this year, according to the Foreign Investment Agency. Of that number, $21.4 million was poured into 20 new projects while the remaining $8.9 million was pledged to two existing projects. The agency said […]
Ô Môn 1 thermal power plant. JERA Co Inc expects to supply liquefied natural gas (LNG) to the plant in Cần Thơ City. Photo evn.com.vn CẦN THƠ — Japanese JERA Co Inc has expressed a desire to supply liquefied natural gas (LNG) at Ô Môn 1 thermal power plant in the Mekong Delta city of Cần Thơ. In […]
The Microsoft Surface Pro 7. — Photo surfaceviet.vn HÀ NỘI — Google and Microsoft are accelerating efforts to shift production from China to Southeast Asian countries including Việt Nam amid the worsening coronavirus outbreak, the Nikkei Asian Review reported. Google is set to begin production of its Pixel 4A with its partners in northern Việt Nam […]
VIB’s logo. Photo courtesy of the bank HÀ NỘI — Vietnam International Bank (VIB) has had the trade finance limit upgraded to US$144 million by IFC, a member of the World Bank Group within the framework of the Global Trade Finance Program (GTFP). “IFC’s guarantee will help local banks significantly extend trade finance to more importers and […]
Illustration photo. Việt Nam sets a goal of making the digital economy account for 30 per cent of the country’s GDP by 2030. — Photo cafef.vn HÀ NỘI — The Ministry of Information and Communications said it was completing the national digital transformation programme and expected to submit it to the Prime Minister this […]
Interest rate of ACB’s short-term loans for SMEs is only 6.5 per cent per year, compared with 7-9 per cent for normal loans. Photo vietnamfinance.com.vn HÀ NỘI — Asia Joint Stock Commercial Bank (ACB) on Wednesday introduced a stimulus loan package worth VNĐ25 trillion (US$1.08 million) to support enterprises and individuals affected by the coronavirus […]
Dragon fruits processed at a plant of Nafoods Group in Long An Province. Việt Nam’s agro-forestry-fishery exports totalled $5.3 billion in the first two months of this year. – VNA/VNS Photo Bùi Giang HÀ NỘI Việt Nam exported agro-forestry-fishery products worth a total of US$5.3 billion in the first two months of this year, […]
Vietnamese Minister of Planning and Investment (left) and Indian Minister of State for External Affairs Shri V. Muraleedharan at the meeting. Photo courtesy of Vietnamese Embassy in New Delhi NEW DELHI — India is a major trade partner and investor of Việt Nam and the two countries should spare no efforts to soon realise the […]
Minister of Industry and Trade Trần Tuấn Anh The Politburo signed Resolution No 55-NQ/TW on Việt Nam’s strategic orientations for national energy development through 2030 with a vision to 2045 on February 11. Minister of Industry and Trade Trần Tuấn Anh speaks to Vietnam News Agency about the important implications of the new strategy […]
