Category: Vietnam
Korea says to import 55,000 tonnes of rice from Vietnam
South Korea has opened up its market to Vietnamese rice, setting the annual import quota of Vietnamese rice at 55,112 tonnes, according to the Import-Export Department at the [...]
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Vietnam’s credit growth to stabilise, inflation to be elevated In 2020: Fitch Solutions
Vietnam’s 2019 credit growth came in at just 12.1%, underperforming the State Bank of Vietnam (SBV)’s 14.0 percent target for the year. This marked a second year [...]
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FIEs reluctant to list shares on bourse
Only 10 foreign invested enterprises (FIEs) have entered the bourse over the last decade, a very modest figure compared with the tens of thousands of enterprises now [...]
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Vietnam’s retail pie sweet but hard to get: JLL
As one of the most dynamic economies in the region, Vietnam’s young retail market has great potential as it is increasingly more competitive and attractive to foreign [...]
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Central provinces stabilise pork price after ASF outbreaks
Along with balancing the amount of pork to serve the market during Tet holidays, the agriculture industry has been zealously repairing and upgrading pig barns and selecting [...]
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Vietnam faces difficulty in raising funds for infrastructure
Taking into account the size of the Vietnamese economy, a large proportion of the state budget allocated for infrastructure development would affect the balance of payment [...]
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Banks boost green credit
Green credit race Vietnam Prosperity Commercial Joint Stock Bank (VPBank) has just signed a 212.5 million US dollars green credit loan agreement with the IFC and other [...]
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Novartis announces first import shipment, marks important milestone in transformation
Novartis Vietnam Co., Ltd held a conference on Thursday to announce its first import shipment, marking an important milestone in affirming the firm’s long-term presence [...]
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Nearly 6,300 drivers in Vietnam fined for drunk driving amid stricter regulation
Some 60 car drivers were fined $1,729 each and 1,270 motorcycles drivers were ticketed with $346 each, the heaviest penalty for drunk driving. Nearly 6,300 drivers in Vietnam [...]
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Farmers worried as peach blossoms bloom early in Hanoi’s warmth
Unseasonal warm weather in northern Vietnam has upset peach blossom growers in Hanoi as it makes the signature flower for the Lunar New Year holiday bloom early. In northern [...]
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RCEP expected to be signed in Vietnam this year
Countries involved in the Regional Comprehensive Economic Partnership (RCEP) have begun a legal review aimed at signing the trade pact this year in Vietnam, said deputy prime [...]
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Shinhan Bank Vietnam assigned stable outlook by S&P
Shinhan Bank Vietnam Ltd (Shinhan Bank Vietnam) has been assigned a BB (stable) long-term rating by Standard & Poor’s. The first foreign bank in Vietnam, Shinhan [...]
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Auto firm exec arrested for suspected embezzlement
Nguyen Duc Toan, deputy director of VEAM Motor, a subsidiary of state-owned agricultural machinery manufacturer VEAM, has been arrested for alleged embezzlement. An arrest [...]
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Jewellery firm PNJ reports 24 pct surge in profit
Phu Nhuan Jewellery Jsc posted its first trillion dong topping after-tax profit of VND1.19 trillion ($51.2 million) last year, up 24 percent year-on-year. The third largest [...]
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Schindler Vietnam: Safety a core part of company culture
As one of the fastest-growing economies in Asia, Vietnam is in the process of rapid urbanisation, resulting in a booming construction industry including the elevator [...]
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