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Vietnam-Romania joint statement emphasizes important partners

Vietnam and Romania are each other’s important partner as said a joint statement issued at the end of the official visit to Romania from April 14-16 made by PM Nguyen Xuan Phuc at the invitation of Romanian PM Viorica Dancila.

 

Vietnam goes for nuclear power

Nguyen Tuan Khai, director general of the Viet Nam Agency for Radiation and Nuclear Safety, talks to Lao động cuối tuần (Weekend Labour) newspaper about his agency’s capacity to operate a nuclear power plant.

Vietnamese travellers rush to book April 30-May Day holidays

This year's Reunification Day and International Labour Day holidays will last up to five days from April 27 to May 1. Many people have already booked tours for their families since early April.

 

VN's livestock sector looks to increase exports

The livestock sector produces more than 5 million tonnes of meat each year, meeting domestic demand, but the target is to increase export, according to Minister of Agriculture and Rural Development Nguyen Xuan Cuong.

 

M&A in Vietnam’s retail industry on the rise in 2019

Retail is attractive for investors as the industry has advantages after foreign wholly-owned retail firms have been allowed to set up in Vietnam and taxes imposed on most of goods imported from other ASEAN countries to Vietnam are exempted.

Training course for UN logistics officers opened in Hanoi

A training course for United Nations logistics officers, co-organised by Vietnam and Canada, opened in Hanoi on April 16.

 

Trial to begin on case of abusing power at PVEP on May 6

The Hanoi People’s Court will open a trial of the case of abusing position and power to appropriate assets at the PetroVietnam Exploration Production Corporation (PVEP) on May 6.

 

Pre-Exposure Prophylaxis for HIV officially launched in Hanoi

Pre-Exposure Prophylaxis (PrEP) service for HIV prevention was officially launched in Hanoi on April 16.

 

Vietnam’s exports to CPTPP countries set to surge

Vietnam’s exports to member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) are expected to increase strongly through 2030, reaching 25 percent of the nation’s total exports.

 

Steel prices spiraling out of costs amid electricity price adjustment

The retail electricity price increase has dealt a strong blow to the steel manufacturing industry, which is facing difficulties.

BUSINESS NEWS 17/4

Vietnam’s trade surplus hits US$1.4 billion in Q1

La Phu village preserves communal house, pig procession festival

La Phu village in Hanoi’s outlying district of Hoai Duc is one of the few ancient rural villages that well preserve its communal house and traditional festivals.

 

Digital facilitating the future

VN Economic Times sought the opinions of a range of stakeholders on Vietnam's digital economy.

Private sector expected to build sustainable aviation sector

Viet Nam’s aviation industry has seen its strongest growth in the past decades with double-digit growth set in five consecutive years, but it is still faced with sustainable development issues.

 

How best to manage and operate business families

A conference on “Business Families: Developing the Next Generation Best Practices of Internationally Successful Business Families” was held recently for business owners, leaders, and senior management teams at Vietnamese enterprises.

 

Foreign banks in Vietnam raise capital for expansion plans

Foreign banks have so far gained positive business performance in the Vietnamese market and their results are estimated to be better than Vietnamese banks with the same scale in capital and total assets.

Vietnam projected to attract US$42 billion in solar power projects by 2035

Solar power could be considered an important instrument for Vietnam to fulfill the sustainable development goals.

Habeco forecasts profit to drop a third to 10-year low

The Ha Noi Beer-Alcohol-Beverage JSC (Habeco) has forecast its post-tax profit will fall 36 per cent year-on-year to VND310 billion (US$13.3 million) in 2019, the lowest in 10 years.

 

Rain and high winds destroy houses in the north

Hail, thunderstorms and strong winds that hit several northern mountainous provinces over the past three days have caused damage to agricultural production, according to the National Steering Committee for Natural Calamity Prevention.

Stop-over charter flights proposed for Van Don Airport

 Newly-operated Van Don International Airport in the northern province of Quang Ninh is seeking the Ministry of Transport’s permission for serving stop-over charter flights.