An award ceremony was held in Hanoi on December 27 to honour 49 outstanding employers in 2015.
The MobiFone Telecommunications Corporation targets total revenue of VND35.8 trillion (US$1.59 billion) in 2016, 10% higher than that of 2015, and a profit of VND5.2 trillion (US$231 million).
More than 94,750 businesses were founded in 2015, representing a rise of nearly 30% compared to the previous year, statistics have revealed.
Logistics costs in Vietnam account for 20-25% Gross Domestic Product (GDP), which is 10% higher than other developing nations in the region, the association said.
The Ministry of Finance has thrown its weight behind a removal of many incentives for automakers as a full-fledged auto industry has remained far-fetched despite all sorts of policy incentives over the past 20 years.
Vietnam’s catfish export industry is experiencing stormy days because of strict rules set by the US, which tries to protect its local catfish production.
Vietnam’s economy has expanded at a speed of 6.68% in 2015, the fastest rate during the period 2011-2015, according to the General Statistics Office (GSO).
International experts believe Vietnam and Cambodia are highly desired destination points for real estate investors. There are still many attractive opportunities in emerging markets, despite the economic slowdown worldwide.
Vietnam’s only one USD billionaire Pham Nhat Vuong, the boss of Vingroup, retains the top spot, while tycoon Doan Nguyen Duc of Hoang Anh Gia Lai Group slipped to the third position, giving the second spot to the boss of Hoa Phat Group, Mr. Tran Dinh Long. The rankings this year saw some changes.
(VOV) - The Vietnamese government’s flexible monetary policy contributed greatly to Vietnam’s macro-economic stability and socio-economic development.
(VOV) - Despite global fluctuations in 2015, Vietnam has attracted a great deal of foreign direct investment capital. By the end of last month, newly registered or expanded FDI for Vietnam totaled over US$20 billion.
Bamboo Capital Group (BCG) and 1-5 Auto Joint Stock Company on December 24 signed a comprehensive cooperation agreement.
Vietnam’s trade deficit with China and several other countries are expected to widen in 2015, the latest customs data show.
Links between businesses in Ho Chi Minh City and other cities and provinces in the south have improved significantly as a result of a trade co-operation programme started in late 2011.
The northern province of Phu Tho was has been recently praised for being the first locality in the country to use software to manage payments of land tax and other fees and related processes.
Masan Group Corporation (MSN) announced the signing of a partnership agreement with Thailand's Singha Asia Holding Pte Ltd worth as much as US$1.1 billion on December 25.
The ANZ-Roy Morgan Vietnam Consumer Confidence index in December is up again by 2.5 points to touch 144.8 points.
The credit growth of Hanoi reached 19.5% this year, more than 2 percentage points higher than the banking industry's goal, according to the municipal Statistics Office.
Deputy Prime Minister Vu Van Ninh has urged the State Bank of Vietnam (SBV) to develop flexible and effective monetary policy initiatives in combination with fiscal policy to ensure macroeconomic stability.
(VOV) - Thirty-five companies from a wide variety of industries received ‘most popular brand names of 2015’ awards at a December 26 ceremony in Ho Chi Minh City.
(VOV) - Vietnamese bought record amounts of goods from China in 2015, pushing the trade gap to a historic high, according to the latest statistics from the General Statistics Office (GSO).
(VOV) - Overseas Vietnamese (OVs) remittances to the homeland have steadily risen by roughly US$1 billion annually over the past few years and the trend is forecast to continue into the foreseeable future, reports Vietnam News' BizHub.
The aquaculture sector needs to take comprehensive restructuring measures for sustainable development, said Minister of Agriculture and Rural Development Cao Duc Phat.
Vietnam ranked third in the number of companies licensed to operate in the construction sector in Cambodia, said Sui Nara, Head of the Construction General Department under the Cambodian Ministry of Land Management, Urban Planning and Construction.
The central city of Danang has called for investment in 19 Public-Private Partnership (PPP) projects, with a total capital of VND16.5 trillion (US$768 million).
The Mekong Delta province of Tien Giang on December 25 granted Global Good Agriculture Practices (GlobalGAP) certificate to three fruit production establishments in the locality.
Work on the Hung Ha bridge spanning the Hong (Red) River and road connecting to Hanoi–Haiphong and Cau Gie–Ninh Binh highways will start on December 27, said Nguyen Xuan Lam, deputy general director of Project Management Unit No. 1 under the Ministry of Transport.
Southern Ben Tre province earned US$737 million from shipping aboard coconut products over the past five year, accounting for 30% of its total export revenue.
(VOV) - Vietnam, more than most countries, relies heavily on international trade as a pillar of its economy. The Ministry of Industry and Trade (MoIT) has pledged to help the nation’s businesses increase foreign trade.
Sapphire JSC invited early purchasers of HOLM Residences as VIP guests to December’s esteemed four-day Ho Tram Open 2015, an Asian Tour sanctioned professional golf event.