Vietnam reaking news

Update news Vietnam reaking news

Q1's CPI highest in recent 3 years

 Q1's CPI highest in recent 3 years

HCM City to host tech forum Smart Emotion

 More than 250 exhibitors will take part in a digital and technology forum to be held in HCM City from April 12 to 14.

Vietcombank has best asset quality among banks: Moody’s

Credit rating agency Moody’s has said that the Bank for Foreign Trade of Vietnam (Vietcombank) is the bank with the best asset quality in Vietnam.

Vietnam's pangasius industry gets boost

 The "Establishing a Sustainable Pangasius Supply Chain in Vietnam" project has brought significant improvement to the pangasius supply chain, resolving environmental concerns, improving efficiency and ensuring consistent quality.

$1.9b trade deficit posted for Vietnam in Q1

 Viet Nam reported a trade deficit of US$1.9 billion in the first quarter (Q1) of this year, the General Statistics Office (GSO) announced on Wednesday.

ASEAN Community, social-labour issues discussed

 The ASEAN Community and social-labour issues were highlighted at a training conference hosted by the Ministry of Labour, Invalids and Social Affairs in the central province of Thua Thien-Hue on March 30.

Vietnam's ICT firms breaking into foreign markets

Following Viettel’s and FPT’s success, several information and communications technology (ICT) enterprises have started “cultivating” foreign markets. 

Trade Facilitation Agreement execution sub-par: experts

 There is basic compatibility between provisions of the WTO’s Trade Facilitation Agreement (TFA) and Vietnamese laws, but implementation has been inadequate, experts say.

Law to allow bank bankruptcies

 The State Bank of Vietnam (SBV) is drafting a law on supporting credit institutions to restructure and resolve bad debt in an effort to quicken the process.

FDI to HCM City increases by 56.7 percent in Q1

 HCM City attracted 574.71 million USD in foreign direct investment (FDI) in the first quarter of 2017, a year-on-year increase of 56.7 percent, according to the municipal Department of Planning and Investment. 

Banks cautious about business targets in 2017

 The season of annual shareholders meeting will begin next month and commercial banks have been cautious while setting business targets for this year in the context of slow bad debt settlement and high risk provision.

VN’s first import-export report released

 A report on imports and exports in 2016 was officially launched for the first time yesterday in Ha Noi, with an aim to successfully implement the import-export strategy in the 2011-20 period with a vision to 2030.

Vietnamese economy sees slower Q1 growth

 Viet Nam posted a year-on-year GDP growth of 5.1 per cent in the first quarter of 2017, slower than the previous two years at 5.48 and 6.12 per cent, respectively.

Capital contracts signed for southern petrochemical complex

PetroVietnam and the Long Son Petrochemical Complex on March 29 signed  a joint venture contract and a capital transfer contract between LSP’s foreign partners – Qatar’s Petroleum International Vietnam and Siam Cement Group of Thailand.

EU supports Vietnam to build sustainable pangasius supply chain

 The Vietnam Association of Seafood Exporters and Producers (VASEP) coordinated with its partners to review a project establishing a sustainable Tra fish (pangasius) supply chain in Vietnam (SUPA) in Ho Chi Minh City on March 29.

Thailand imposes anti-dumping duties on Vietnam steel sheet

Thailand has announced its final decision for anti-dumping investigations into certain hot dip plated or coated with aluminum zinc alloy of cold rolled steel and painted hot dip galvanized of cold rolled steel imported from Vietnam.

Concerns emerge over farmland limit rise

 Many agricultural experts believe an increase in the farmland limit and land accumulation should be done in a careful manner, or else farmers would become impoverished, heard the 2017 Spring Agriculture Forum in Hanoi this week.

Quang Ninh proposes upgrade to Quang Ninh Airport

 The Quang Ninh Provincial People’s Committee has proposed Deputy Prime Minister Trinh Dinh Dung consider and approve a plan for turning Quang Ninh Airport into the Van Don International Airport.

Vietnam faces return of trade deficit

 Vietnam has recorded a trade deficit of nearly $2 billion so far this year following the trade surplus of $2.7 billion in 2016.

Vietnam eyes organic food potential

 There is great potential for organic food production in Viet Nam, but the industry faces a number of challenges, experts said.