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Economy

Key export products of Vietnam in Q1 2018

Key export products of Vietnam in Q1 2018

Vietnam’s exports in the first quarter of this year grew by 24.8% against the same period last year with 11 out of 46 groups of products achieving an export value of more than US$1 billion each, according to the General Department of Vietnam Customs.

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Foreign consultancy firms needed for Metro line No.5 phase I

Foreign consultancy firms needed for Metro line No.5 phase I

Foreign consultancy firms are called to evaluate the construction and investment plan for the first stage of Urban Metro Line No.5 that stretches from Bay Hien intersection in Tan Binh district to Saigon Bridge in Binh Thanh district in Ho Chi Minh City.   

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Finance ministry to dismantle hundreds of tax departments

Finance ministry to dismantle hundreds of tax departments

The Ministry of Finance (MOF) plans to reduce the number of its nationwide tax offices from 548 to 257, under its new scheme to streamline the taxation, customs, and state treasury units.

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Seaport development must sail alongside logistics growth

Seaport development must sail alongside logistics growth

Ho Kim Lan, director general of the Vietnam Sea Ports Association, talks to Hai Quan (Customs) newspaper about conditions for logistics development in Vietnam.

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ODA projects to be inspected

ODA projects to be inspected

The Ministry of Planning and Investment will carry out an inspection into 2,600 ODA projects set up during 1993-2017 period. 

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CPTPP, EVFTA to benefit Vietnamese fishery sector

CPTPP, EVFTA to benefit Vietnamese fishery sector

Vietnam’s fishery sector will gain advantages and export opportunities once the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the European Union-Vietnam Free Trade Agreement (EVFTA) take effect, heard a seminar in Ho Chi Minh City on April 20.   

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Is $40 billion worth of farm exports beyond reach?

Is $40 billion worth of farm exports beyond reach?

The high agricultural production growth rate in Q1 2018 has prompted government to set a target of exporting $40 billion worth of farm produce this year.   

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Strong domestic cement export growth, China’s production drops

Strong domestic cement export growth, China’s production drops

Viet Nam’s cement industry saw strong growth in cement exports in the first quarter of this year as many Chinese cement factories shut down due to pollution and power shortages.  

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Newton Grammar School asked to end its cooperation with US ’ghost school’

Newton Grammar School asked to end its cooperation with US ’ghost school’

The International Educational Cooperation Department under the Ministry of Education and Training (MoET), on Tuesday asked Newton Grammar School in Bac Tu Liem District to end its relationship with George Washington International School (GWIS) in the US. 

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Domestic firms launch ride-hailing applications to fill in Uber’s space

Domestic firms launch ride-hailing applications to fill in Uber’s space

After the merger between Uber and Grab, numerous domestic firms accelerate their plans to launch ride-hailing applications to fill the void left in Uber’s wake.

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Vietnam still struggling to develop supporting industries

Vietnam still struggling to develop supporting industries

Vietnam has been trying to develop support industries for 30 years, but is still finding it difficult to squeeze into the global supply chain.

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Three key factors to increasing Vietnam`s labour productivity

Three key factors to increasing Vietnam`s labour productivity

Increasing investment in training skilled employees, modernising technology and manufacturing lines, and improving the management capacity of CEOs are the three major factors to increasing labour productivity in Vietnam.

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Firms suffer as Y-generation employees change jobs regularly

Firms suffer as Y-generation employees change jobs regularly

Millennials, born from 1980 to 1996, are generally well-educated, skilled and confident workers who are often staying at one job for an average of only two to three years.    

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Ministry tackles surging land prices in Kien Giang, Khanh Hoa, Quang Ninh

Ministry tackles surging land prices in Kien Giang, Khanh Hoa, Quang Ninh

The Ministry of Construction has urged authorities on Phu Quoc Island in Kien Giang Province and Van Don Island in Quang Ninh Province as well as Van Phong Bay area in Khanh Hoa Province, to take immediate steps to control surging land prices.

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Financial Times: Vietnam sees optimistic consumers

Financial Times: Vietnam sees optimistic consumers

The latest quarterly survey from the Financial Times Confidential Research showed that Vietnamese consumer sentiment towards the economy is at a three-year high.

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Vietnam’s e-commerce prospers as growth rate soars

Vietnam’s e-commerce prospers as growth rate soars

The 2018 Vietnam E-Business Index that was released by the Vietnam E-commerce Association (VECOM) showed an overall 25 percent growth rate in e-commerce. More than 4,000 businesses were surveyed.   

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