Economy and commerce
Small and medium enterprises (SME)
Vietnamese terminals will suspend scrap plastic imports
Major Vietnam shipping terminals will temporarily stop accepting imports of scrap plastic, citing an overload of the material that has caused backups and delays. The move is a significant development for the global recycled plastics industry, because Vietnam has accepted much more material since China ...
Colin Staub
VN’s foreign reserves reach record high of US$63b
State Bank of Viet Nam (SBV) has continuously bought in hard currencies in the past few months, raising the country’s foreign reserves to a record high of US$63 billion.Keep reading ...
VNS Reporter
Vietnam still living on FIE exports
Following a bumper season in 2017, import/exports continued to increase sharply in the first three months of 2018. Within one quarter, the import and export turnover exceeded $100 billion ($54.3 billion worth of exports and $53 billion imports).Keep reading ...
Kim Chi
Vietnam Stands to See Modest Wins if China, U.S. Start Trade War
A wider Sino-U.S. trade dispute would help export-reliant Vietnam compete against Chinese companies but put the country at risk of any global fallout, analysts say.Keep reading ...
Ralph Jennings
Inefficient cooperatives to be dissolved by year end
The Ministry of Agriculture and Rural Development (MARD) asked provinces and cities on Thursday to dissolve ineffective agricultural cooperatives by the end of 2018. The ministry’s data shows that in 2017, Việt Nam had nearly 11,700 agricultural cooperatives and 30 cooperative coalitions. Some 3,900 agricultural ...
VNS Reporter
Vietnam’s stock market rises to record high
Vietnam’s stock market rose by 0.92 percent on Thursday to close at more than 1,180 points, surpassing the record of 1.179 points set in 2007. An 11-year record has been broken thanks to blue chip stocks, and is forecast to climb even higher this year.Keep reading ...
Minh Son
Restructure economy to boost new firms: official
Favourable conditions are needed to increase the number of new businesses and startups in order to realise the target of 1 million enterprises by 2020, an official has said.Keep reading ...
VNS Reporter
Government to promote private investment
The public investment restructuring scheme in 2017-20 will focus on core sectors of the economy and major projects that give impetus to socio-economic development and promote public and foreign investments under public-private partnership (PPP) practice.Keep reading ...
VIR Reporter
Government continues paring down business and investment conditions
In a bid to create a more business-friendly climate and attract more investment, the Vietnamese government will continue truncating thousands of business and investment procedures, which have been undermining investors’ and enterprises’ performance.Keep reading ...
Khoi Nguyen
Incentives needed for SMEs to join green growth projects
Incentives are needed to encourage small- and medium–sized enterprises (SMEs) to join green growth projects, said Hoang Thi Hong, Director of the SME Development Fund (SMEDF) under the Ministry of Planning and Investment.Keep reading ...
VNA Reporter