Economy and commerce

Over 220 trillion VND invested in Mekong Delta’s infrastructure

Over 890 projects in infrastructure with total investment of 221 trillion VND (9.43 billion USD) are being carried out by in the Mekong Delta by 898 businesses from Ho Chi Minh City, according to statistics of the municipal People’s Committee.The projects are mainly in building ...

Vietnam international commercial mediation centre debuts

The Vietnam International Commercial Mediation Centre (VICMC), the first of its kind set up under a license of the Ministry of Justice, has made its debut. As a member of the Vietnam Society of International Law (VSIL), the VICMC is established and operates for non-profit purposes. ...

Internal, external factors challenge Vietnam’s coffee exports

Numerous challenges are facing the export of Vietnamese coffee, which has continually declined in both volume and value since the beginning of this year.According to Acting Director of Agro Processing and Market Development Department – Nguyen Quoc Toan, Global coffee prices have been affected by ...

Mineral misery: Vietnam salt farmers battered by imports, climate

The work is punishing and the incomes unstable, subject to seesawing demand swayed by foreign imports, and increasingly unpredictable weather patterns.Vietnam produced about one million tonnes of salt in 2015, according to the latest official data, and often clocks surpluses, but it still ships salt ...

AFP

Vietnamese startup wins Startup World Cup 2019 Champion

Vietnamese startup Abivin, which provides AI-powered Supply Chain Optimisation, has been confirmed as the winner of the Startup World Cup 2019 Champion withUS$1 million worth of investment prize.The Ministry of Science and Technology said that Abivin, the only representative from Vietnam, surpassed candidates from more ...

Fitch revises Vietnam outlook upwards to positive

Global credit rating agency Fitch said Vietnam will remain one of the fastest growing economies in the Asia-Pacific region. The firm announced the revision of Vietnam’s outlook to Positive from stable on Thursday, affirming that the country will keep its ‘BB’ sovereign credit rating.The agency ...

Hung Le

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 ...

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