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2019’s promising economic outlook

 With the economy reaching an 11-year high and growth quality significantly improved in 2018, the Vietnamese government expects the same growth to be achieved in the following 12 months. 

Solar rooftop panels ease thirst for power

With the prospects of power shortages in the coming time as well as concerns about transmission line and grid connection, solar rooftop panels could ease power demand, while contributing to sustainable development. 

2018 an unforgettable year for financial sector

 The year 2018 ended with many remarkable events occurring in the financial sector, including the higher-than-expected State budget revenue, the hike in environmental protection tax, and the property tax proposal, among others.

Taxing business households proves controversial

 The General Department of Taxation’s plan of taxing business households with annual revenue from VND100 million (US$4,350) is causing controversy.

Mekong Delta farmers increase area under clean vegetables, fruits for Tet

 VietNamNet Bridge – Farmers in the Mekong Delta are sowing various vegetables and fruits for harvest ahead of Tet (Lunar New Year) next February.

Textiles firm race to list on the market

 Many textile and garment enterprises have improved operations to prepare themselves for the list on the stock market.

Classical concert to bring happiness in January

 VietNamNet Bridge – Japanese conductor Honna Tetsuji and the Viet Nam National Symphony Orchestra (VNSO) will present an outdoor performance at AEON Mall Long Bien, Hanoi on January 12.

Hoi An in Elle’s list stunning holiday ideas for 2019

 There`s no better time that the last few days of a waning year to think about the ways in which you`d like your life to be different—after all, the prospect of a clean slate is absolutely delicious.

Tragic accidents involving children should be prevented

 VietNamNet Bridge – A five-year-old girl fell to death from the 9th floor apartment of Thu Thiem Sky Apartment Building on Sunday, December 23.

Foreign businesses hunt for Vietnamese suppliers

 With preferential policies on land investment and value-added and corporate taxes for enterprises, the number of investment projects for key exports is expected to increase.

Vietnam aims to lower bad debt ratio below 2% in 2019

 The monetary policy is expected to remain cautious but flexible, which should be in harmonization with the fiscal and other macro policies.

Dong Duong altar recognised as national treasure

 Dong Duong altar which dates back to the 9th-10th century has been recognised as a national treasure in Danang City.

HCM City’s police uncover illegal surrogacy network

 Ho Chi Minh City’s police have discovered an illegal surrogacy network.

Slithering towards profits with snakes

 VietNamNet Bridge – Most people are terrified by snakes, but Nguyen Van Nhuan is different.

Vietnam-Russia relations thrive in 2018

 Russian experts have said 2018 was a fruitful year for the comprehensive strategic partnership between Vietnam and Russia. 

Property market waits for regulations

 The property market awaits technical standards for the development of small apartments, which may become a trend to deal with the housing crisis caused by the country’s rapid urbanisation.

BUSINESS NEWS IN BRIEF 2/1

HCM City’s industrial production grows 8.15 percent this year, Vietnamese airports forecasted to serve 112 million passengers in 2019, Customs sector collects over VND309.8 trillion of taxes this year

Drought threatens farmers in south-central region

 Lower water levels in reservoirs and barren farmland can be easily seen in many parts of the south-central and Central Highlands region even though it is the rainy season.

Da Nang to host ATP Challenger Tour

Top Vietnamese tennis players Ly Hoang Nam, Trinh Linh Giang and Le Quoc Khanh have been awarded wildcard entries to compete in the Vietnam Tennis Open Da Nang City 2019 in the central city on January 6-12. 

Business activities will be better in 2019’s first quarter: firms

 Most firms in the manufacturing and processing industry were optimistic about their production and business activities for the first quarter of 2019, according to a survey by the General Statistics Office (GSO).