model year

Quang Ninh’s GRDP growth sets five-year record

The gross regional domestic product (GRDP) of the northern province of Quang Ninh expanded by 9.6 percent in the first half of this year as compared with 9.2 percent in the same period last year.

Inflation forecast to hit 2.6 percent this year

Vietnam’s inflation this year is forecast to reach 2.6 percent barring fluctuations of prices on world markets and adjustment in the cost of public services, the National Financial Supervisory Commiss

VN-Index sets nine-year record

The VN-Index closed at 731.3 points on April 11, up 0.2 percent over the previous session’s level and a record high since February 20, 2008.

Vietnamese ‘Visa’ to come out later this year

Visa Vietnam announced at the end of March that its mVisa, a quick response (QR) code-based payment service, will soon be expanded to merchants and consumers in 10 countries, including Vietnam.

Shares drop off after 10-year high

Shares declined unexpectedly on March 31 on the two exchanges, beating analyst forecasts of a continued rise after the VN-Index surpassed the previous ten-year high.

Vietnam pepper faces difficult year

2017 is forecast to be a difficult year for Vietnam’s pepper, which has seen falling prices since the end of 2016, according to the Ministry of Agriculture and Rural Development (MARD).

Vietnam to grow 5.1 percent a year till 2050: PWC report

A report by the prestigious global accounting firm of PricewaterhouseCooper (PWC) predicts continued economic growth for Vietnam until 2050 period, with annual GDP increase of 5.1 percent, on average.

VN Index retreats from 9-year high

The VN Index on the HCM Stock Exchange on February 3 retreated from its nine-year high as investors tried to take profits from stocks’ recent good gains.

Power tariff likely to keep unchanged this year

The Ministry of Industry and Trade (MoIT) has not yet decided to adjust power tariffs this year and has been calculating basic prices, the ministry announced at an electricity production cost conferen

Gas industry targets doubling output by year 2035

Vietnam’s gas industry aims to double its exploitation output to reach as much as 21 billion cubic metres by 2035, according to a master plan approved by Prime Minister Nguyen Xuan Phuc early this wee

VASEP believes in 7.4 billion USD of aquatic exports this year

Aquatic exports are likely to increase 5 percent from last year to 7.4 billion USD in 2017, despite difficulties in overseas markets and fiercer competition, the Vietnam Association of Seafood Exporte

Vietnam Customs in charge of various APEC events this year

The General Department of Vietnam Customs (Vietnam Customs) plans to organise many activities within the framework of the APEC Committee on Trade and Investment (CTI) in 2017.

VCCI to hold series of activities during APEC Vietnam Year

The Vietnam Chamber of Commerce and Industry (VCCI) will hold a series of activities during the Year of Asia-Pacific Economic Cooperation (APEC) 2017 hosted by Vietnam, heard a press conference in Han

SCIC discloses year-end income report

The State Capital Investment Corporation (SCIC) recently announced its report for 2016 and plans for 2017, in which it claimed to have nearly doubled its 2015 post-tax income.

Ho Chi Minh City: People flock to trading centres during New Year holiday

Trading centres across HCM City have seen a surge of customers during the three-day calendar New Year 2017 holiday with the purchasing power 20 percent higher than the same period last year.

Prime Minister: Limiting inspection and audit of firms to once a year

Prime Minister Nguyen Xuan Phuc has required ministries and agencies to ensure that enterprises are inspected and audited no more than once a year.

APEC Year 2017: The golden opportunity for Vietnam

Speaking at the closing ceremony of the APEC CEO Summit 2016 in Lima, Peru on November 19, the President of Vietnam Tran Dai Quang said hosting APEC Year 2017 is a priority in Vietnam’s foreign policy

Vietnam-Argentina trade expected to hit 3 billion USD this year

The bilateral trade between Vietnam and Argentina hit 2.42 billion USD between January to early November this year.

Vietnam, Cambodia cooperate to build model border market

A Memorandum of Understanding (MoU) on building a model border market in Cambodia was signed between Vietnam and Cambodia in Phnom Penh on July 27.

Ministries takes more action on business climate reform this year

Ministry of Finance (MoF) and Ministry of Industry and Trade (MoIT) have announced the number of administrative procedures they expect to remove or simplify this year as part of their efforts in reali

Vietnam’s joint stock commercial banks have cut deposit rates for the first time this year

Thanks to good liquidity amid a lending slowdown, Vietnam’s joint stock commercial banks have cut deposit rates for the first time after numerous hikes in interest rates this year.

GDP growth rate at 5.52 percent in the first half of this year

According to General Statistics Office of Vietnam (GSO), the growth of Vietnam’s year-on-year GDP in the first half of 2016 was 5.52 percent, down from 6.32 percent in the same period last year.

Stock investment funds to see growth this year

Stock investment funds would ‘enter an opportunity of growth thanks to the on-going economic recovery and foreign capital inflows this year, said Mr. Tran Thanh Tan, Vice Chairman and CEO of the Viena

Vietnam economic integration in 2015: A year of important steps

Vietnam is underway to profound and comprehensive international integration. In 2015, Vietnam completed negotiations on four free trade agreements (FTAs) with the Eurasian Economic Union, the European

Vietnam's IPOs underwhelm this year

Vietnam's initial public offering (IPO) activity has been less than exciting in 2015 and that has been attributed to the lack of blockbuster deals.