Economy
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Tra Vinh sees strong increase in newly registered firms
Newly registered businesses in the Mekong Delta province of Tra Vinh have sharply increased since the start of the year, said the provincial People’s Committee.
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Banks ask for higher credit growth limit
Many commercial banks have asked the State Bank of Vietnam (SBV) to expand the credit growth limit as they have almost used up the assigned quota for the whole year.
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Private sector’s business confidence keeps improving
A recent survey by the Vietnam Private Sector Forum has shown that the confidence of private business executives keeps improving, with the private sector increasingly asserting its important role in V
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Strong M&As spur infrastructure development
Increased merger and acquisition (M&A) activities can spur infrastructure development in Vietnam, a current growth imperative, Planning and Investment Minister Nguyen Chi Dung said on August 10.
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RoK firm wins Long Son Petrochemical Complex contract
The Republic of Korea (RoK)’s Hyundai Engineering and Construction Company (HEC) has won a 320 million USD contract to build facilities at the Long Son Petrochemical Complex.
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Sugar press mud fertiliser plant to be constructed in Tra Vinh
The Mekong Delta province of Tra Vinh has licensed Hudavil Tra Vinh fertiliser joint stock company to build a plant producing organic-microbial and organic-mineral fertilisers from sugar press mud.
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Shifting sand in Vietnam’s construction industry
With demand for sand for construction rising even as prices are skyrocketing, Deputy Prime Minister Trinh Dinh Dung has recommended the use of other materials in construction in place of natural sand.
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Vietnam’s derivatives market officially runs
A ceremony was held by the Ministry of Finance and the State Securities Commission in Hanoi on August 10 to launch the derivatives market, which is expected to limit risks and diversify investment pro
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Hanoi’s taxation agency shares policies with Japanese businesses
The Hanoi Taxation Department shared information about tax policies of Vietnam and Hanoi in particular with the Japanese firms operating in the capital city during a seminar on August 10.
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Petrolimex, BSR join hands to sell Dung Quat Refinery’s products
The Vietnam National Petroleum Group (Petrolimex) signed an agreement with the Binh Son Refinery and Petrochemical Co Ltd (BSR) on August 10 on cooperation in boosting sales of petrol products produce
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Vietnam’s shrimp exports to China surge 30 percent in first half
Vietnam’s shrimp exports to China reached 282.9 million USD in January-June, representing a year-on-year rise of 30 percent, according to the Vietnam Association of Seafood Exporters and Producers (VA
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Project aims to improve competitiveness of Vietnam’s exports
Prime Minister Nguyen Xuan Phuc has approved a project on improving the competitiveness of Vietnam’s exports to 2020 with orientation to 2030, with the aim of increasing the added value of key product
