A draft project on national digital transformation has set a target to have 50% of businesses operating on a digital basis by 2025.

The Vietnamese manufacturing sector maintained its growth in April as firms were once again successful in securing new orders, with the Manufacturing Purchasing Managers’ Index (PMI) rising to a four-month high of 52.5 from 51.9 in March.

The State Bank of Viet Nam (SBV) has continued to urge relevant ministries to revise legal frameworks in order to allow large State-owned commercial banks to use the State budget for their capital increases.

Grapes have long been a specialty of Ninh Thuan province. Besides sweet grapes, wine grapes are also planted in the central locality. However, the supply is yet to meet even domestic demand.

Saigon Petro Company Limited recently proposed policies for the development of E5 RON 92 to be reviewed over the significant declines in sales of this biofuel.

French bank named financial adviser for Ke Ga wind power project

The Ministry of Transport’s strict financial requirements for the North-South expressway project may push local investors out of the project.

The surge in imports of several commodities limited the trade surplus in the past four months to 711 million USD, compared to the surplus of 3.7 billion USD during the same period last year.

There was an increase in production shifting from China to alternative locations in Southeast Asia, including Vietnam, in 2018, according to CBRE Vietnam.

The Vietnam Private Sector Economic Forum 2019 opened in Hanoi on May 2, with a special conference focusing on the sustainable formation and development of agro-forestry-fishery value chains for international integration.

The Vietnam Cafe Show 2019 opens in Ho Chi Minh City on May 2.

Whole sale, retail, and vehicle repair service saw the joining of 16,100 new businesses, the highest number in the first four months of this year, up 14% year on year and accounting for 37.2% of the newly-established firms of the country.

The first Overseas Vietnamese Economic Forum is scheduled to run on April 6 – 9 in Incheon, the Republic of Korea (RoK).

VN stocks may go sideways in post-holiday trading

Due to the unclear regulations on condotels, the market in Da Nang slowed down in the first quarter, according to Colliers International Vietnam’s Quarterly Knowledge Report.

Viet Nam’s poultry producers have a big opportunity to export their products thanks to high supply levels, according to the Ministry of Agriculture and Rural Development (MARD).

A large number of local firms are still struggling to make market entry into CPTPP member countries and grasp opportunities arising from the agreement that came into force over three months ago.

Vietnam ran a trade deficit of US$11.9 billion with China in the first four months of the year, up a staggering 53.8% year-on-year. 

The Prime Minister has released a directive to fight loan sharks who are targeting vulnerable people.

Vietnam is amending the Law on Investment 2014 and Law on Enterprises 2014, aiming to bring half a decade old laws up to speed with current realities.