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Top 500 firms with best growth and prosperity announced
Business

Top 500 firms with best growth and prosperity announced

NDO - This is the eighth consecutive year that a list of the top 500 best growth (FAST500) firms in Vietnam has been released, with Masan Resource Corporation and Khang Dien House Trading and

Vietnamese youth gain opportunities from startup promotion
Business

Vietnamese youth gain opportunities from startup promotion

NDO – Vietnamese youngsters have found opportunities in the challenges offered by Vietnam’s startup context, thus adding further value for the startup community in the country.

Vietnam raises US$1.95 billion from G-bond so far this year
Business

Vietnam raises US$1.95 billion from G-bond so far this year

NDO/VNA – The State Treasury of Vietnam mobilised over VND44.4 trillion (US$1.95 billion) via Government bond (G-bond) auctions in the Hanoi Stock Exchange (HNX) since the beginning of 2018.

Vietnam’s agriculture ministry to cut nearly 70% of business rules
Business

Vietnam’s agriculture ministry to cut nearly 70% of business rules

NDO - The Ministry of Agriculture and Rural Development (MARD) has proposed the abolishment and simplification of nearly 70% of 345 business conditions under its jurisdiction.

Can Tho city woos Japanese investors
Business

Can Tho city woos Japanese investors

NDO/VNA –The Mekong Delta city of Can Tho is seeking Japanese investments in nine projects, focusing on high-tech agriculture and industry, centralised IT, logistics and construction, said Chairman

Vietnam determined to reduce logistics costs
Business

Vietnam determined to reduce logistics costs

NDO - Prime Minister Nguyen Xuan Phuc has urged the ministries and agencies concerned to take bold actions in order to cut the logistics costs to as low as 16% of gross domestic product by 2025.

Hanoi takes effort to achieve set economic targets
Business

Hanoi takes effort to achieve set economic targets

NDO – Despite strong economic growth in the first quarter of 2018, Hanoi's economic performance was lower than the national average, urging the local authorities to implement a number of measures to

Greater transparency needed in Vietnam’s property market
Business

Greater transparency needed in Vietnam’s property market

NDO - A land fever has recently gripped a number of Vietnamese provinces where the special economic zones of Van Dong, Bac Van Phong, and Phu Quoc are being planned, driving prices sky high by three

Hai Duong’s first lychees of season to enter market
Business

Hai Duong’s first lychees of season to enter market

NDO - Approximately 15,000-18,000 tonnes of this season’s first crop of lychees will be picked in the northern province of Hai Duong in early May this year to supply the market, according to the

MMC hands over electric vehicles to Da Nang
Business

MMC hands over electric vehicles to Da Nang

NDO –Mitsubishi Motors Corporation (MMC) held a ceremony at the Da Nang Exhibition and Fair Centre on April 16 for the handover of its new electric vehicles to Da Nang city.

Ho Chi Minh City promotes consumption of Vietnamese goods
Business

Ho Chi Minh City promotes consumption of Vietnamese goods

NDO - The Ho Chi Minh City Party Committee held a ceremony on April 13 to review the three-year implementation of the ‘Vietnamese use Vietnamese products’ campaign, which has helped to encourage

Government raises US$61.5 million from SOE divestment
Business

Government raises US$61.5 million from SOE divestment

NDO/VNA – The Government raised more than VND1.39 trillion (US$61.5 million) by divesting its stake in State-owned enterprises (SOEs) in the first quarter of this year, according to the Ministry of

Workshop discusses sustainable lobster farming in central Vietnam
Business

Workshop discusses sustainable lobster farming in central Vietnam

NDO/VNA – A workshop on sustainable lobster farming took place in Nha Trang city, the central coastal province of Khanh Hoa on April 13, bringing together policymakers, researchers, business

About US$129 million poured into fintech industry
Business

About US$129 million poured into fintech industry

NDO/VNA - Start-ups in Vietnam have invested around US$129 million in the field of fintech, according to Varun Mittal, Ernst & Young (EY) ASEAN fintech leader.

Winners of Vietnam Property Awards honoured
Business

Winners of Vietnam Property Awards honoured

NDO – Around 54 winners of Vietnam National Property Awards were honoured at a ceremony held by the Vietnam Real Estate Association (VNREA) in Hanoi on April 14.

Russia promotes trade activities in Vietnam
Business

Russia promotes trade activities in Vietnam

NDO - In order to achieve the goal of bringing Vietnam-Russia bilateral trade to US$10 billion by 2020, Russia will engage in promoting its trade exchange activities and support Vietnam's import and

Manufacturing firms optimistic about production in second quarter
Business

Manufacturing firms optimistic about production in second quarter

NDO - Approximately 89.6% of surveyed enterprises in the manufacturing industry said that their business and production activities will be stronger and more stable in the second quarter of 2018.

Vietnam steps up regulations on digital currency
Business

Vietnam steps up regulations on digital currency

NDO - Prime Minister Nguyen Xuan Phuc has signed a directive calling for stronger measures to rein in Bitcoin and other digital currencies as it is feared that they could destabilise the financial

Binh Duong cuts procedural time for establishment of enterprises
Business

Binh Duong cuts procedural time for establishment of enterprises

NDO - The southern province of Binh Duong has shortened the processing time for establishing an enterprise to two working days, according to the Chairman of the provincial People's Committee Tran

World Bank projects Vietnam to grow by 6.5% in 2018
Business

World Bank projects Vietnam to grow by 6.5% in 2018

NDO - Vietnam’s economic growth is forecast to decline to 6.5% in 2018, after growth accelerated to more than 6.8% last year, according the World Bank’s latest report released on April 12.

Vietnamese economy projected to grow 7.1% in 2018: ADB report
Business

Vietnamese economy projected to grow 7.1% in 2018: ADB report

NDO – Vietnam’s economic growth is forecast to accelerate to 7.1% this year, before softening to 6.8% in 2019, the Asian Development Bank (ADB) said in a report released on April 11.

More than 900 exhibitors gather at HCMC textile and garment expo
Business

More than 900 exhibitors gather at HCMC textile and garment expo

NDO – The Vietnam Saigon Textile and Garment Industry Expo 2018 (Saigon Tex) opened in Ho Chi Minh City on April 11, bringing more than 900 exhibitors together from 27 countries and territories

Vietnam’s widened trade deficit with RoK: no worries
Business

Vietnam’s widened trade deficit with RoK: no worries

NDO - Vietnam has witnessed continued growth in its trade deficit with the Republic of Korea (RoK), due to the latter boosting its investment and exports to the former in a bid to cash in on tax cuts

Seminar discusses macroeconomics of first quarter
Business

Seminar discusses macroeconomics of first quarter

NDO – The Central Institute for Economic Management (CIEM) under the Ministry of Planning and Investment have organised a seminar on the institute’s macroeconomic report in the first quarter in Hanoi

Vietnam Expo 2018 offers trade opportunities for businesses
Business

Vietnam Expo 2018 offers trade opportunities for businesses

NDO – The 28th Vietnam International Trade Fair (Vietnam Expo) officially opened in Hanoi on April 11, attracting more than 550 booths from 500 enterprises both at home and abroad.