The Hoa Phat Steel Pipe Company Limited has announced the first order to export around 1,000 tonnes of galvanised steel pipe worth 600,000 USD to India.
The State Bank of Vietnam (SBV) set the daily reference exchange rate at 22,903 VND per USD on February 21, down 2 VND from the previous day (February 20).
The Lenovo Group from China expressed a desire to develop a computer component manufacturing factory in the northern province of Bac Giang during a meeting with local authorities this week.
The amendments to enterprise and investment laws should be aimed at promoting the development of the private sector, a conference held in Hanoi was told on February 20.
A delegation from Food Valley of China (FVC) led by former Chinese Ambassador to Vietnam Hu Qianwen made a fact-finding tour to the southern province of Binh Phuoc on February 20 to study the possibility of boosting exports via official channels to China.
Director General of the General Statistics Office (GSO) Nguyen Bich Lam has affirmed that a project on unobserved economy statistics will serve as an important reference for the statistics sector to refine its expertise up to international practices.
Economists at a forum on Vietnam’s economic integration in December last year all agreed that Vietnam needs to prepare for the rising economic and political influence of China.
Da Nang authorities have selected Singaporean-based firms Sakae Corporate Advisory and Surbana Jurong to design the central city’s master plan and economic development strategy towards 2030.
Many banks are trying to encourage customers to make deposits by giving out lucky money after Tet.
Two-way trade between Laos and Vietnam exceeded 1 billion USD in 2018, up 13 percent annually and surpassing the set target, according to the Lao Laophatthana newspaper.
The Ministry of Finance has asked the Government to amend its laws to eliminate the special consumption tax on locally manufactured auto parts and components, a move which could reduce prices of locally assembled cars.
The HCM City People’s Committee will offer more support such as workforce training and financial assistance to companies that make key industrial products.
Permanent Government members met in Hanoi on February 20 to discuss the acceleration of the Trung Luong-My Thuan highway construction.
The slow listing of post-equitisation firms, including State-owned enterprises (SOEs), may make Vietnamese firms less attractive regarding a lack of corporate transparency and government agencies managing those firms must be blamed for the problem.
The Military Commercial Joint Stock Bank (MB) ranked third among 14 Vietnamese banks in the list of 500 strongest banks (AB500) in Asia-Pacific recently released by The Asian Banker.
Investors, especially foreign investors, are lining up to join the project to enhance and expand Dung Quat Refinery despite the uncertain deadline for completing the expansion due to the unapproved environmental impact assessment report.
VOV.VN - Over 3,000 business conditions were simplified and removed throughout 2018, but the outcomes still fell short of expectations.
Trade between Vietnam and Russia was estimated at 4.57 billion USD in 2018, up 28.6 percent year on year, partly thanks to the enforcement of the free trade agreement (FTA) between Vietnam and the Eurasian Economic Union (EAEU).
VOV.VN - The Ministry of Industry and Trade will send a working delegation to the northern province of Thai Binh in March, in charge of collaborating with stakeholders to handle remaining shortcomings regarding the Thai Binh 2 coal-fired power project.
The Ministry of Industry and Trade’s Import – Export Department has recently warned of the increase in trade fraud through labeling products as “Made-in-Vietnam”.