Seafood exports to China set US$1.5 billion target for 2019
Seafood exports to China set US$1.5 billion target for 2019

VOV.VN -China is one of four markets where Vietnamese seafood products hit more than US$1 billion per year in import value and is considered one of the most important consumption markets for the country’s seafood products.

Seafood exports to China set US$1.5 billion target for 2019
Bac Giang lychee harvest season sets in
Bac Giang lychee harvest season sets in

With an area of about 28,500 hectares of lychee, the northern province of Bac Giang is expected to harvest 150,000 tonnes of fruit in the 2019 crop.

Bac Giang lychee harvest season sets in
Ho Chi Minh City calls for investment to build $210 million financial hub
Ho Chi Minh City calls for investment to build $210 million financial hub

Ho Chi Minh City is soliciting investment to build a VND4.9 trillion ($210 million) financial, banking and trade centre in Thu Thiem New Urban Area.  

Ho Chi Minh City calls for investment to build $210 million financial hub
Grab fined for VND120 million
Grab fined for VND120 million

The State Bank of Vietnam (SBV) has issued a fine of VND120 million ($5,217) to Grab (Vietnam) Ltd. due to its failure to comply with regulations relating to administrative procedures on registering loans from overseas.

Grab fined for VND120 million
Real estate market set for recovery as HCM City streamlines housing regulations
Real estate market set for recovery as HCM City streamlines housing regulations

The Ho Chi Minh City's housing market is expected to recover again after being flat for over one year with support from the local government.

Real estate market set for recovery as HCM City streamlines housing regulations
Non-voting shares could lure more foreign capital to Vietnamese firms
Non-voting shares could lure more foreign capital to Vietnamese firms

The use of non-voting depository receipts (NVDRs) may help foreign investors buy more shares in Vietnamese companies without raising their power.

Non-voting shares could lure more foreign capital to Vietnamese firms
Agriculture ministry gathers ideas for timber regulations
Agriculture ministry gathers ideas for timber regulations

The Ministry of Agriculture and Rural Development (MARD) is calling for ideas to create a draft decree that establishes a system of regulations ensuring Vietnam’s legal timber and wood products qualify for import and export.

Agriculture ministry gathers ideas for timber regulations
Annual crude output forecast to drop 5 per cent in decade
Annual crude output forecast to drop 5 per cent in decade

VOV.VN - Vietnam’s crude oil production is predicted to continue to fall over the coming years, averaging annual declines of 4 - 5 per cent during the next 10 years as offshore reserves have been depleting and investment in significant new projects slows, according to an overseas research firm.

Annual crude output forecast to drop 5 per cent in decade
Hanoi establishes 3 industrial parks year to date
Hanoi establishes 3 industrial parks year to date

Hanoi is scheduled to have a total of 68 industrial parks by 2020, with total investment capital of VND19.16 trillion (US$822.4 million).

Hanoi establishes 3 industrial parks year to date
Opportunities to invest in Cuba
Opportunities to invest in Cuba

VOV.VN - Cuba’s newly-adopted Constitution recognizes the non-state economic sector and allows and sets up self-finance mechanisms for state-owned enterprises. 

Opportunities to invest in Cuba
Vietnam boasts diversified marine resources
Vietnam boasts diversified marine resources

Boasting a vibrant biodiversity of coastal and marine habitats and ecosystems, Vietnam has immense potential to develop a sustainable blue economy.

Vietnam boasts diversified marine resources
Rising consumption to help dairy industry maintain good growth
Rising consumption to help dairy industry maintain good growth

The dairy industry's revenues grew at 12.7 percent a year on average in 2010-18, and the momentum is expected to continue thanks to an increase in milk consumption in the country, according to the Vietnam Dairy Association.

Rising consumption to help dairy industry maintain good growth
Cybercrime targets finance sector
Cybercrime targets finance sector

Vietnam’s cyber security is being compromised, posing new challenges in ensuring information safety, especially in the finance-banking sector, State agencies and organisations.

Cybercrime targets finance sector
Petrol prices drop in latest review
Petrol prices drop in latest review

The retail prices of oil and petrol were adjusted down from 3 pm on June 1 following a decision made by the ministries of finance and industry and trade.

Petrol prices drop in latest review
Niche market opens up fresh opportunities for dairy industry
Niche market opens up fresh opportunities for dairy industry

VOV.VN - Amid an increasing competitive pressure caused by free trade agreements, dairy firms should seek to boost profits by developing new products, especially those dedicated to micro-nutrients and biomedical proteins.

Niche market opens up fresh opportunities for dairy industry
PM wants Viettel to enter world top 10 telecom firms by 2025
PM wants Viettel to enter world top 10 telecom firms by 2025

Prime Minister Nguyen Xuan Phuc has said he wants the Viettel Military Industry and Telecoms Group (Viettel)  to strive to become one of the world’s 10 biggest telecoms firms by 2025. 

PM wants Viettel to enter world top 10 telecom firms by 2025
ASEAN, China seek to promote trade cooperation
ASEAN, China seek to promote trade cooperation

A roundtable conference on ASEAN-China trade cooperation took place in Beijing, China on May 31, aiming to implementing common perceptions reached between the two sides during the Belt and Road Forum for International Cooperation in April 2019. 

ASEAN, China seek to promote trade cooperation
Construction on 50MW wind power plant begins in Bac Lieu
Construction on 50MW wind power plant begins in Bac Lieu

Construction on a wind power plant with a capacity of 50MW began in Vinh Hau A commune, the Mekong Delta province of Bac Lieu on June 1, as part of activities during the Vietnam Sea and Island Week and an Action Month for the Environment. 

Construction on 50MW wind power plant begins in Bac Lieu
Bun bo Hue’s spices exported to US for first time
Bun bo Hue’s spices exported to US for first time

A local startup based in the central city of Hue has been licensed to export spices for bun bo Hue (Hue-style beef vermicelli soup) to the United States, marking the first shipment of these spices.

Bun bo Hue’s spices exported to US for first time
Huawei’s plunge unlikely to affect Vietnam’s smartphone market
Huawei’s plunge unlikely to affect Vietnam’s smartphone market

Huawei holds only a small share in Vietnam’s market, approximately 4%, equal to VND2.7 trillion (US$113 million) in 2018.

Huawei’s plunge unlikely to affect Vietnam’s smartphone market
First made-in-Vietnam Vinfast car to be delivered in mid-June
First made-in-Vietnam Vinfast car to be delivered in mid-June

Vietnamese automaker Vinfast has announced that the first edition of made-in-Vietnam automobile Fadil will be handed over to clients in the largest-ever ceremony in mid-June. 

First made-in-Vietnam Vinfast car to be delivered in mid-June
Government to issue policies to encourage clean pork purchase
Government to issue policies to encourage clean pork purchase

The Government will consider incentives to encourage firms to buy clean pork for freezing and storage amid the spread of the African swine fever disease, Deputy Minister of Industry and Trade Do Thang Hai said at the Government’s regular press conference on May 31. 

Government to issue policies to encourage clean pork purchase
Agriculture sector posts trade surplus of 3.3 bln USD in five months
Agriculture sector posts trade surplus of 3.3 bln USD in five months

The Ministry of Agriculture and Rural Development has reported a trade surplus of nearly 3.3 billion USD in the first five months of this year. 

Agriculture sector posts trade surplus of 3.3 bln USD in five months
Minister identifies obstacles in build-transfer projects
Minister identifies obstacles in build-transfer projects

VOV.VN - Minister of Finance Dinh Tien Dung has claimed that the value of land areas used as payment for build-transfer investors stands much higher than that of the implemented projects.

Minister identifies obstacles in build-transfer projects
Lack of cooperation prevents spread of non-cash payments
Lack of cooperation prevents spread of non-cash payments

A lack of cooperation between banks, service providers and customers is the major issue preventing the widespread use of cashless payments in Vietnam, Nguyen Dinh Thang, Chairman of LienVietPostBank’s Board of Directors, said at the Banking Vietnam 2019 event in Hanoi on May 30.

Lack of cooperation prevents spread of non-cash payments
Total retail sales reach 85 billion USD in five months
Total retail sales reach 85 billion USD in five months

Vietnam’s total retail sales of goods and services in the first five months of 2019 increased 11.6 percent year-on-year to 19.8 quadrillion (almost 85 billion USD), according to the General Statistics Office (GSO).

Total retail sales reach 85 billion USD in five months
Workshop promotes Vietnam-Israel trade cooperation
Workshop promotes Vietnam-Israel trade cooperation

A trade promotion workshop on business opportunities in Vietnam for Israeli importers was held in Tel Aviv on May 30. 

Workshop promotes Vietnam-Israel trade cooperation
US$4 billion worth of G-bonds raised in five months
US$4 billion worth of G-bonds raised in five months

VOV.VN - The State Treasury of Vietnam raised a total of nearly VND94 trillion (US$4.04 billion) via government bond auctions held at the Hanoi Stock Exchange during the first five months of this year.

US$4 billion worth of G-bonds raised in five months
CMSC to supervise finance of 19 State-owned groups
CMSC to supervise finance of 19 State-owned groups

The Committee for Management of State Capital at Enterprises (CMSC) will oversee the finance of 19 State-owned groups and corporations this year.

CMSC to supervise finance of 19 State-owned groups
Fruit, vegetable exports top 1.6 billion USD
Fruit, vegetable exports top 1.6 billion USD

Export turnover of fruits and vegetables has exceeded 1.6 billion USD since the beginning of 2019, a year-on-year rise of 8.9 percent.

Fruit, vegetable exports top 1.6 billion USD
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