A view of HCM City, which plans to attract US$5.4 billion worth of foreign investment this year. — Photo idj.com.vn HCM CITY — HCM City has set itself an FDI target of US$5.4 billion this year and would focus on improving infrastructure and streamlining administrative procedures to achieve it, a city investment official said. […]
Workers in Sumi-Hanel Company in Hà Nội’s Sài Đồng B Industrial Zone. VNA/VNS Photo Huy Hùng HÀ NỘI — Hà Nội is requiring relevant agencies to review the planning of the city’s industrial and export processing zones to make them develop more effectively. Nguyễn Mạnh Quyền, vice chairman of the People’s Committee of Hà Nội, […]
The US is one of the most important markets for Việt Nam’s furniture and wood products. – Photo ttv.com.vn HCM CITY — Export opportunities for furniture and wood products to the US will increase this year as many Americans continue to work at home amid the COVID-19 crisis. Nguyễn Hoài Bảo, a member of the executive board of HCM […]
The Government was setting goal of having 1.2-1.5 million enterprises by 2025 over the expectation that the business climate kept improving. — Photo baochinhphu.vn HÀ NỘI — It is important to improve the capacity of enterprises and not just develop them in term of quantity, experts said. The General Statistics Office (GSO) said there were about 810,000 […]
Transactions at a VPBank branch. — Photo courtesy of VPBank By Ly Ly Cao HÀ NỘI — Working in the financial field, particularly the banking sector, is not only challenging, but also interesting for Vietnamese women as it affects many aspects of their personal lives as they pursue higher positions. More and more women are taking part in […]
The boring part of the TBM, decorated with Vietnamese flag is loaded underground in the construction at Kim Mã section in the city. The TBM will boost the construction of the urban railway in Hà Nội. — Photo courtesy of FECON HÀ NỘI — FECON Corporation has started trial operation of the first tunnel boring […]
Investors at a trading floor of SSI Securities Co. A 1,000 minimum trading lot will limit the participation of small investors. — VNA/VNS Photo HÀ NỘI — Hồ Chí Minh City Stock Exchange (HOSE)’s proposal to raise the minimum trading lot to 1,000 shares is receiving mixed opinions from market experts and investors. The proposal […]
The leader of Hải Dương Province grants Investment Registration Certificate of An Phát 1 Industrial Park. — Photo courtesy of the company HẢI DƯƠNG — The northern province of Hải Dương on Friday granted an investment registration certificate to An Phát High-tech Industrial Park No 1 JSC for the development of Quốc Tuấn – […]
Experts discuss solutions to promote private sector development. — VNS Photo HÀ NỘI — Private enterprises do not need money but institutional support to enjoy a stable and safe business environment, bringing them equality and respect. Vũ Tiến Lộc, Chairman of Việt Nam Chamber of Commerce and Industry (VCCI), made the statement at a conference held […]
Vietnam Maritime Commercial Joint Stock Bank choses Amazon Web Services, Inc as its cloud provider for TNEX, the first digital-only bank in Việt Nam. — VNS Photo HCM CITY — Vietnam Maritime Commercial Joint Stock Bank has chosen Amazon Web Services, Inc, a subsidiary of the internet giant, as its cloud provider for TNEX, the first digital-only bank in Việt Nam. […]
Analysts from securities firms struggled to figure out the market’s trend this week after last week’s turbulent sessions. Illustrative photo HÀ NỘI — With the market experiencing strong volatility last week, analysts from securities firms are having difficulties forecasting movements this week. While some expected that cash flows might stay in the market and gradually balance to […]
A production line at the Thế Kỷ Yarn Joint Stock Company. — VNA/VNS Photo HCM CITY — The textile and apparel industry, which managed to survive three waves of COVID-19 thanks to its decision to produce face masks and personal protective equipment, will focus on sportswear and yarn, according to the Việt Nam National […]
Foreign service providers including Google, Facebook, YouTube and Netflix will have to pay taxes in Việt Nam. — Photo doanhnhan.vn HÀ NỘI — Tech giants like Google, Facebook, YouTube and Netflix will have to pay taxes in Việt Nam and they can do it online. The Ministry of Finance (MoF) has proposed to allow foreign service providers such as Google, Facebook, YouTube, […]
The 2021 Shopee Code League starts on March 6. — Photo courtesy of Shopee Vietnam HCM CITY — E-commerce platform Shopee has unveiled the second edition of the code-from-home Shopee Code League as part of long-term efforts to prepare workforces for the future, following on from a successful debut last year that attracted 21,000 participants from across […]
Prime Minister Nguyễn Xuân Phúc shakes hand with delegates attending the dialouge. — VNA/VNS Photo HCM CITY — The sustainable development of the business community is an important foundation, contributing to the nation’s prosperity, Prime Minister Nguyễn Xuân Phúc told a meeting of outstanding Vietnamese entrepreneurs and intellectuals. PM Phúc opened the meeting, themed “Dialogue 2045” […]
Customers at a super market in HCM City. VNA/VNS Photo Mạnh Linh HCM CITY — The resurgence of COVID-19 has hit demand for consumer goods and services in HCM City, with revenues in February falling by 6.4 per cent, according to Government data. The Tết (Lunar New Year) holidays, usually the most lucrative period for the consumer market, were […]
Preliminary processing of hydroponic vegetables at Tuấn Ngọc Agriculture Cooperative in HCM City’s District 9. VNA/VNS Photo HCM CITY – Many agricultural cooperatives have achieved high safety standards and quality in recent years thanks to their increasing adoption of technology, enabling them to achieve sustainability and improve farmers’ incomes. According to Lâm Ngọc Tuấn, […]
Vietnamese bananas on display at Lotte supermarkets across the RoK. — VNA/VNS Photo HÀ NỘI — For Vietnamese products to enter foreign distribution channels, it was necessary to be more professional and stable in product quality, said experts. Foreign supermarkets such as Aeon, Lotte or MM Mega Market, which are operating in Việt Nam, are effective distribution […]
A view of Phú Mỹ Hưng City Centre in HCM City. “City within a city” is a new trend in housing market. — Photo phumyhungcity.com.vn HCM CITY — ‘City within a city’ is likely to become a new trend in the housing market this year, experts predict. Property consultant Jones Lang LaSalle (JLL) explained that the […]
Provinces such as Đồng Nai and Bình Duơng are seeing more and more investment from existing investors who have had a good run there. – Photo baotintuc.vn HCM CITY – The southern key economic zone is increasingly attracting investments from foreign investors who have already tasted success there. Most of the investment is in hi-tech […]
