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Vietnam's garment exports grow despite hurdles

The domestic garment industry has faced many challenges in exporting to key markets, such as the European Union and the United States, but it still has a chance of achieving its export target this year, according to experts.

Japan to provide Vietnam with clean coal tech

Japan’s coal enterprises are ready to transfer clean coal technology to Viet Nam’s firms to reduce emissions and enhance efficiency in the electricity sector, said and official from the New Energy and Industrial Technology Development Organisation.

Challenges facing e-commerce start-ups in Vietnam

 The recent economic growth rates in Vietnam and the rising young middle income class have garnered much interest among entrepreneurs looking for potential e-commerce opportunities.

Education FDI regulations still lagging

 After years of proposals, foreign investors are still quite concerned about regulations on educational investment, despite the country’s efforts to improve the business climate in the field.

Startups score lift with new law on SMEs

To facilitate the development of private startups, the Law on Supporting Small-and Medium-sized Enterprises (SMEs) will offer plenty of incentives ad foster the establishment of private investment funds to provide them with loans.

Banks’ listing enthusiasm simmers down

 Banks are hesitant to go public over the persistent challenging business environment.

Industry 4.0 a threat to Vietnam's textiles sector

The fourth industrial revolution will present a challenge for Vietnam’s textiles and garment sector within the next five years, according to Mr. Le Tien Truong, CEO of the Vietnam National Textile and Garment Group.

Cost increases on Hanoi Metro Line 2

 The total investment for the urban railway project Hanoi Metro line 2 Nam Thang Long-Tran Hung Dao has been increased by VND16 trillion ($704 million), although the project has yet to be implemented.

Vietnam struggles to deal with loss-making megaprojects

 Ngo Tri Long, former head of the Institute for Market and Price Research under the Ministry of Finance blamed both Chinese contractors and Vietnamese investors for 12 failing major projects.

Agriculture Ministry urges husbandry firms to save pig farms

Minister of Agriculture Nguyen Xuan Cuong on Monday called on large animal husbandry businesses to increase their purchase of pigs and keep them in frozen storage in order to help farmers reduce inventories.

Corporate governance ignored in Vietnam

 Firms should attach importance to corporate governance to improve their competitiveness and develop sustainably, experts said.

Vietnam's public debt ceiling set at 65% of GDP for 2016-2018

Vietnam is targeting keeping public debt, comprising central government debt, government-backed loans, and local government debt, below 65 percent of GDP between 2016 and 2018.

Caution pulls down blue chips

 Shares dropped further in the two local exchanges on April 24 as investors remained cautious about market conditions, pulling blue chips down.

Vietnamese firms reach deals with Myanmar partners

A number of Vietnamese firms reached partnership deals with Myanmar companies during the Vietnam-Myanmar Trade-Services-Tourism Fair 2017 in Yangon, as part of their market research trip lasting two weeks.

VN corporate profit falls 60 percent in 2010-2015

 The corporate profit growth stood at 7.5 percent from 2010 – 2015, falling 60 percent from the rate of the 2005-2010 period, according to the General Statistics Office under the Ministry of Planning and Investment.

Logistics key for Vietnam's aviation sector

 Vietnam’s aviation sector must use advanced technologies such as e-commerce for its management, operations and business as it is a trend in global aviation transport, experts said in HCM City.

Call for $309 million to upgrade VN railways

Chairman of Vietnam Railway Corporation Vu Anh Minh spoke about the $309 million plan to upgrade the sector's infrastructure for the 2017-2021 period. 

Beverages greatest contributor to FMCG growth

 Beverages accounted for the largest proportion of all fast-moving consumer goods (FMCG) sales in the first quarter of this year, at roughly 45 per cent, according to the Quarterly Market Pulse report released by Nielsen Vietnam.

Ly Son islanders abandon lobster farming

Seafood farmers in Ly Son Island, Quang Ngai Province, have suffered billions of dong in losses after their lobsters died and prices dropped. 

Hoi An starts $44.2 million tourism property project

 Quang Nam Province has begun construction of the Hoi An Royal Residences project, with total investment of VNĐ1 trillion (US$44.2 million) in Cam An Commune in the suburbs of Hoi An City.