maandag 27 mei 2019

Vietnam: Vietnamese, Dutch firms cooperate in high-quality breeding pig project

Vietnamese, Dutch firms cooperate in high-quality breeding pig project

VNA/VOV The De Heus group of the Netherlands and Hung Nhon Group operating in the southern province of Binh Phuoc have set up a joint venture to invest in a VND 1.5-trillion (USD 64.1 million) high-tech pig breeding project in the Central Highlands province of Dak Lak. According to General Director of Hung Nhon Group... View Article

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HCMC wishes to seek more cooperation opportunities with Netherlands

SGGP News Secretary of Ho Chi Minh City Party Committee Nguyen Thien Nhan leading a city high- ranking delegation visited the Netherlands.  This journey is one of Ho Chi Minh City's efforts to lure investment and learn experiences of the Netherlands in urban infrastructure management, educational and vocational cooperation. Besides, this is considered as an... View Article

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Vietnam's first-quarter GDP sees 6.79% growth: Government report

NDO/VNA Deputy Prime Minister Truong Hoa Binh presented the Government's report on the implementation of socio-economic development in the first quarter of 2019 and measures for the remaining months of the year at the opening meeting of the 7th session of the 14th National Assembly on 20 May. According to the report, the country's GDP... View Article

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Processing and manufacturing firms expect to perform better in Q2

VNS Up to 89.4% of enterprises in the processing and manufacturing industry expect to perform better in the second quarter of 2019, according to the General Statistics Office (GSO). Meanwhile, 10.6% said production and business are going to be more difficult. The predictions are based on a survey conducted by the GSO of more than 6,500 processing and manufacturing... View Article

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Vietnam's trade deficit hits US$1 billion by mid-May

Vietnam has sustained an accumulated trade deficit worth over USD 1 billion by mid-May, according to the General Department of Vietnam Customs.

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Saigon among top 50 cities in the world for coworking growth

Vnexpress/VOV A recent report ranks Ho Chi Minh City 41st among world's 50 fastest growing coworking markets in the world. Every 47.5 days, a new coworking space opens in Vietnam's southern metropolis, according to the 2019 Global Coworking Growth Study recently published by CoworkingResources, a global information hub for modern workspaces. The report is based... View Article

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VN banks handle USD 898.4 billion through e-payments in Q1

VNS/VOV Vietnam's interbank e-payment system handled 37 million transactions worth nearly VND21 quadrillion (USD 898.4 billion) in the first quarter of the year, up 23 % and 17.8 % respectively compared to 2018, according to the State Bank of Vietnam (SBV). Nghiem Thanh Son, deputy head of SBV's Payment Department, said domestic payment of bank... View Article

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Market's liquidity stays stable amidst exchange rate uptrend

VNA/VOV The monetary market's liquidity has remained stable and foreign currency supply and demand are relatively balanced amidst the uptrend of USD/VND exchange rates over the last few days, an official from the State Bank of Vietnam (SBV) has assured. Director of the SBV's Monetary Policy Department Pham Thanh Ha said on 21 May that... View Article

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Most SOEs operating at a profit: audit

Most State-owned enterprises (SOEs) were operating at a profit but still needed to improve their operational efficiency, according to a report by the State Audit Office of Vietnam (SAV).

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Vietnam to hold Cashless Day

The State Bank of Vietnam (SBV) has announced that June 16 will be designated as Cashless Day.

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Insurance market keeps thriving in first months of 2019

Vietnam's insurance industry maintained positive growth in the first four months of 2019, with total premiums surging by 17% year-on-year to VND 44.3 trillion (USD 1.9 billion), the Ministry of Finance reported.

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Vietnam's universities try to make money from technology transfer

Vietnamnet/VOV Switching research centers to joint-stock companies will help attract private investments and create a driving force for commercializing research results, experts say. In late 2018, the Center for Technology Research and Industrial Equipment, belonging to the HCMC University of Science and Technology turned to Ho Chi Minh City Science and Technology JSC after getting... View Article

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Vietnam to manage coffee quality through new database

A database of coffee areas would be used as a digital tool to assist partners in managing coffee plantations and quality in Vietnam, participants heard at a workshop held by the Ministry of Agriculture and Rural Development (MARD) and Global Coffee Platform (GCP) in Hanoi on 23 May.

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Export staples from Ben Tre enjoy robust growth during four​-month period

The export products of the Mekong Delta province of Ben Tre posted strong growth during the first four months of the year with export turnover reaching nearly USD 360 million, a rise of over 45% in comparison with the same period last year.

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Rural market offers good opportunities for retail

Vietnam's retail market will continue to grow strongly this year, with lots of opportunities to develop modern retail systems in rural areas, according to Phan Lan Chi, deputy director of supermarket chain Lan Chi Mart.

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Passenger transport in northern airports ups 10.5% in 4 months

More than 11.27 million people travelled by air through Vietnam's northern airports in the first four months of 2019, an increase of 10.54% year-on-year, said the Northern Airports Authority.

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Successful visit HCMC Party Secretary Mr. Nhan to the Netherlands

Embassy of the Kingdom of the Netherlands The strong bilateral ties between Vietnam and the Netherlands have been continuously expanded and deepened. The trading and comprehensive partnership between Vietnam and the Netherlands has been deepened and concretized, showing in series of event in the last two weeks. One highlight is the visit to the Netherlands... View Article

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Vietnam remains attractive regional destination for private equity investment

VOV/Grant Thornton Vietnam remains an attractive destination for private equity investment flow in Southeast Asia, according to the latest issue of Vietnam Private Equity Investment Outlook 2019 released by Grant Thornton. With the ongoing US-China Trade War threatening the established global value chain, private equity investors are seeking new opportunities in Southeast Asia, especially the... View Article

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Wood exports soar to nearly USD3.12b

VNS/VOV Export turnover of wood and wooden products reached nearly USD3.12 billion in the first four months of the year, a year-on-year increase of 18.3%, according to the General Department of Customs. The 10 largest import markets were the US, Japan, China, South Korea, the UK, Germany, Canada, Australia, France and the Netherlands. Exports to... View Article

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