Economy and commerce
White Book on Vietnamese businesses 2019 to come late May: GSO
The first edition of the White Book on Vietnamese businesses compiled by the General Statistics Office (GSO) is expected to be released later this month, according to the GSO.The book, containing basic information on the assessment of businesses’ growth in the 2011-15 and 2016-18 periods, ...
Over US$21 million in support of women-led SMEs in Vietnam and Pacific
The Asian Development Bank (ADB), through the Women Entrepreneurs Finance Initiative (We-Fi), is committed to providing support worth nearly US$20.2 million for women-led small and medium-sized enterprises (WSMEs) in Vietnam and the Pacific to access critical financing and training.The grant – the second that ADB ...
Trung Hung
Six key economic issues discussed at Private Sector Economic Forum
The discussions at the Vietnam Private Sector Economic Forum being held in Hanoi with government agencies, over 2,500 businesses and hundreds of experts and executives taking part, are being livestreamed on VnExpress, the two-day event’s co-organiser, and its other media outlets. Six sessions are scheduled, each to ...
Pham Van
Vietnam sets to have 50% of businesses operating on digital platforms by 2025
A draft project on national digital transformation has set a target to have 50% of businesses operating on a digital basis by 2025.Deputy Minister of Information and Communications Nguyen Thanh Hung announced the plan at a seminar on completing institutions and fundamental conditions for developing ...
Vietnam startups to have their say at upcoming forum
The Vietnam Private Sector Economic Forum 2019 will be held May 2-3 at the National Convention Center in Hanoi. It is a space for government representatives to listen to private companies on the difficulties and barriers they face in business activities. The challenges faced by startups will ...
Pham Van
First Vietnamese mango export to the US
The Mekong Delta province of Dong Thap has become the first locality in Vietnam to export mangoes to the US, according to an announcement on April 18.Nguyen Thi Hong Thu, director of Chanh Thu Fruits Import and Export Ltd Co, said the company shipped the first ...
Vietnam mulls PPP Law with sovereign guarantees to reassure investors
Government guarantees are among the 10 points the Ministry of Planning and Investment listed in a document it recently sent to relevant ministries and agencies to collect opinions for its public-private partnership (PPP) bill.Under the MPI bill, projects considered for minimum revenue guarantees will be ...
Nguyen Huong
First trans-Pacific direct shipping line from Hai Phong opens
A Trans-Pacific transshipment service connecting the Hai Phong International Container Terminal (HICT) in northern Vietnam with the west coast of the US and Canada is now officially underway, shortening freight time by eight days.The momentous event affirms HICT’s capacity to berth large mother vessels and ...
State Bank issues new regulations on use of foreign currencies in Vietnam
The State Bank of Vietnam has issued Circular 03/2019/TT-NHNN to amend and supplement several provisions of Circular 32/2013/TT-NHNN on restricting the use of foreign currencies in the territory of Vietnam.Accordingly, Circular 03 supplements certain provisions regarding the cases that non-residents are allowed to use foreign ...
S&P raises Vietnam’s credit rating with stable outlook
Standard and Poor’s (S&P) Global Ratings’ recent upgrade of its long-term sovereign credit rating for Vietnam, the first time since 2010, was expected to help the country to attract more foreign investments into the economy and expand exports.In August 2018, credit rating agency Moody’s Investors ...
