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Vietnam finalises agreement to trade legal timber with EU

Starting from June 1, Viet Nam could export only verified legal timber products to the EU markets as the Voluntary Partnership Agreement on Forest Law Enforcement, Governance and Trade (VPA/FLECT) would officially enter into force.

 

VN consumers demand security, convenience in digital experience: report

As organisations and consumers increasingly interact over digital channels, both parties must find ways to establish mutual trust, British consumer credit reporting company Experian has said in a new report.

 

State Bank of Vietnam vows to flexibly direct monetary policy

Deputy Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong has affirmed that the SBV will direct monetary policy in a proactive, flexible, and cautious manner, and in harmony with fiscal and other macro-economic policies.

Bhutan’s National Council Chairman to visit Vietnam

Chairman of the National Council (Upper House) of Bhutan Tashi Dorji will pay an official visit to Vietnam from May 11-14, the Vietnamese National Assembly’s Committee for External Affairs has announced.

 

Economists: exchange rate increases not a concern for Vietnam

The reference exchange rate and exchange rates of commercial banks have increased continuously in recent days, with the reference exchange rate making its record high on May 8 at 23,046 VND. 

 

Russia’s “Immortal Regiment” commemorated in Hanoi

The Russian Embassy held a ceremony to commemorate the “Immortal Regiment” of Russia at the Imperial Citadel of Thang Long on May 8 on the occasion of the 74th anniversary of the Great Patriotic War in Russia (May 9).

 

Proposing moves for supporting future businesses

On the occasion of the Vietnam Private Sector Economic Forum 2019 last week, a number of Vietnamese entrepreneurs talked about their expectations from the government in creating a more favourable space for them to thrive.

Developing unicorn startups remains tough task

Despite a lucrative route to startups in Vietnam, how to develop them into unicorn firms remains a knotty issue, insiders have said.

 

BUSINESS NEWS 9/5

CPTPP – a driver of shrimp export to Canada

 

Week of Vietnamese goods in Thailand slated for September

A “Week of Vietnamese Goods in Thailand” will be held in from September 18-22 at Central World, Bangkok’s biggest shopping mall.

 

Vietnam's banking sector earnings growth expected to ease in 2019

Viet Nam’s banking sector earnings growth is likely to moderate this year following a sterling year in 2018 due to expected slowing of loan growth to 13 per cent, experts forecast.

 

No death, but over 1,000 measles cases reported in Hanoi

Though no measles-related death has been reported in Hanoi, 1,105 people have the disease, ten times more than the same time last year.

 

African Swine Fever continues raging Central Vietnam

All of those pigs in Dien Thai commune, Dien Chau district of the central province of Nghe An were positive for virus ASF, according to test results announced by the Regional Animal Health Agency No.3 on May 5.

 

Thu Thiem New Urban Area project likely on NA agenda

Controversial issues surrounding the Thu Thiem New Urban Area project in District 2 of HCMC could be put on the agenda of the seventh sitting of the National Assembly (NA), which kicks off later this month.

 

Local banks drawn to retail banking

Seeing the potential from a population of 96 million and the 2018 per capita GDP of 2,590 USD, Vietnamese banks are racing to develop retail markets.

 

Tech key to position Vietnam as a manufacturing leader

Vietnamese firms should hasten technological development to position the country as a global manufacturing centre, Swedish experts said at a seminar on Tuesday.

 

Tiki triples annual loss

Tiki seems farther than ever from breaking even and ending its multi-year series of losses after the e-commerce platform has tripled its losses over-year.

Vietnam’s credit growth expands in first months of 2019

The credit growth of Vietnamese banks as of April 17 this year had expanded by 3.23 per cent against the end of 2018, the State Bank of Viet Nam (SBV) reported.

 

Manchester United legend Ryan Giggs visits SLNA FC

Former Manchester United FC midfielder Ryan Giggs, who is currently working as a Director for the Promotion Fund of Vietnamese Football Talents FC youth academy, paid a visit to SLNA FC in Nghe An on May 7.

 

First digital-platform CSR launched in HCM City

The first corporate social responsibility programme (CSR) based on a digital platform in Vietnam’s life insurance market, the Aviva Community Fund 2019, has been officially launched in Ho Chi Minh City.