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Vietnam’s GDP growth on track to meet target of 6.78% in 2019

Despite signs of slowing down, Vietnam’s GDP growth remains on track to reach 6.78% in 2019, which is in line with the target of 6.6 – 6.8% set by the National Assembly, said Minister of Planning and Investment Nguyen Chi Dung.

 

Hanoi plans 16,000 square-metre parking lot under Thu Le Zoo

Chairman of Hanoi People's Committee Nguyen Duc Chung has approved of the plan to use 16,000 square metres of land at Thu Le Zoo to build an underground parking lot.

 

VN central bank injects $236 million to improve banks' liquidity

The State Bank of Viet Nam (SBV) net injected more than VND5.51 trillion (US$236.69 million) into the market last week to support the liquidity of the banking system.

 

Cruise boats to serve Vesak 2019

Twelve cruise vessels have been launched to serve delegates and visitors at the upcoming the 16th United Nations Days of Vesak (UNDV), Vesak 2019.

 

HCM City calls for investment in 210 projects worth US$51.6 billion

In an aim to attract more investment for much-needed infrastructure, HCM City is touting its efforts to become a digital- and knowledge-based economy with a highly skilled workforce.

 

Vietnam finalises agreement to trade legal timber with EU

Starting from June 1, Viet Nam could export only verified legal timber products to the EU markets as the Voluntary Partnership Agreement on Forest Law Enforcement, Governance and Trade (VPA/FLECT) would officially enter into force.

 

VN consumers demand security, convenience in digital experience: report

As organisations and consumers increasingly interact over digital channels, both parties must find ways to establish mutual trust, British consumer credit reporting company Experian has said in a new report.

 

State Bank of Vietnam vows to flexibly direct monetary policy

Deputy Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong has affirmed that the SBV will direct monetary policy in a proactive, flexible, and cautious manner, and in harmony with fiscal and other macro-economic policies.

Legislators comment on Government’s development reports

The National Assembly Standing Committee on May 8 commented on the Government’s reports which gave additional assessments on the socio-economic development and state budget situation in 2018 and the first months of this year.

 

Bhutan’s National Council Chairman to visit Vietnam

Chairman of the National Council (Upper House) of Bhutan Tashi Dorji will pay an official visit to Vietnam from May 11-14, the Vietnamese National Assembly’s Committee for External Affairs has announced.

 

Economists: exchange rate increases not a concern for Vietnam

The reference exchange rate and exchange rates of commercial banks have increased continuously in recent days, with the reference exchange rate making its record high on May 8 at 23,046 VND. 

 

Russia’s “Immortal Regiment” commemorated in Hanoi

The Russian Embassy held a ceremony to commemorate the “Immortal Regiment” of Russia at the Imperial Citadel of Thang Long on May 8 on the occasion of the 74th anniversary of the Great Patriotic War in Russia (May 9).

 

Sweden pledges to help Vietnam in energy saving

Sweden will help Vietnam in areas of its strength like energy saving, focusing on renewable energy development, Swedish Minister for Foreign Trade Ann Linde has said.

 

Vietnamese naval ship joins exercise in Singapore

Vietnamese escort warship 016-Quang Trung on May 8 set sail from Cam Ranh port for Singapore to join military exercises as part of the ASEAN Defence Ministers’ Meeting Plus (ADMM+), and attend the Asia Pacific’s Flagship Maritime Defence Show 2019.

Proposing moves for supporting future businesses

On the occasion of the Vietnam Private Sector Economic Forum 2019 last week, a number of Vietnamese entrepreneurs talked about their expectations from the government in creating a more favourable space for them to thrive.

Developing unicorn startups remains tough task

Despite a lucrative route to startups in Vietnam, how to develop them into unicorn firms remains a knotty issue, insiders have said.

 

BUSINESS NEWS 9/5

CPTPP – a driver of shrimp export to Canada

 

Week of Vietnamese goods in Thailand slated for September

A “Week of Vietnamese Goods in Thailand” will be held in from September 18-22 at Central World, Bangkok’s biggest shopping mall.

 

Vietnam's banking sector earnings growth expected to ease in 2019

Viet Nam’s banking sector earnings growth is likely to moderate this year following a sterling year in 2018 due to expected slowing of loan growth to 13 per cent, experts forecast.

 

No death, but over 1,000 measles cases reported in Hanoi

Though no measles-related death has been reported in Hanoi, 1,105 people have the disease, ten times more than the same time last year.