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Economy

Made-in-Vietnam varieties cover 59 percent of rice fields

Made-in-Vietnam varieties cover 59 percent of rice fields

As many as 4.6 million hectares of land, or 59 percent of total rice area in Vietnam, have been cultivated with domestically-made varieties, according to the Ministry of Agriculture and Rural Development (MARD).

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Business environment improvement helps increase budget revenue

Business environment improvement helps increase budget revenue

Finance Minister Dinh Tien Dung talks with the Ha Noi Moi (New Ha Noi) newspaper about financial and budget works this year.

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Gold shops prepare for surge on God of Wealth Day

Gold shops prepare for surge on God of Wealth Day

Gold shops are stocking various products to take advantage of the huge demand on the God of Wealth Day, which falls on the 10th day of the Lunar New Year (February 25).

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Locals still struggle with adapting to Industry 4.0

Locals still struggle with adapting to Industry 4.0

The Fourth Industrial Revolution has become a buzzword in Vietnam, but locals rarely regard it as a technology that helps them make more money online and improve their daily lives.

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Wealth inequality drags growth: experts

Wealth inequality drags growth: experts

As the world faces a crisis in wealth distribution, some experts doubt if the accumulation of capital will encourage innovation and investment, but instead, lead to multiple tax burdens and increase the gap between rich and poor.

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Saudi Arabia to temporarily suspend Vietnamese fish imports

Saudi Arabia to temporarily suspend Vietnamese fish imports

Saudi Food and Drug Authority (SFDA) has decided to temporarily suspend the import of fish and shrimps from Viet Nam.

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Banks set dates for 2018 AGMs

Banks set dates for 2018 AGMs

After gaining positive business performance last year, many banks have planned to hold annual general meetings (AGMs) for 2018 soon.

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Caution predicted on stock market before Tet

Caution predicted on stock market before Tet

Selling pressure is predicted to extend to this week’s trading, which may have negative impacts on the stock market, in the context of declining trade by foreign investors and unexpected movements in the US market.

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Survey: Young Vietnamese power online shopping

Survey: Young Vietnamese power online shopping

Online shopping has increased significantly in Vietnam, especially by young consumers, according to the High Quality Vietnamese Product Business Association.  

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ATM withdrawal fee to be lower from March

ATM withdrawal fee to be lower from March

The National Payment Corporation of Viet Nam (NAPAS) on Tuesday announced a fee reduction for its local switching system service, interconnected by more than 170,000 ATMs nationwide.

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Vietnam`s exports to US face tough time ahead

Vietnam`s exports to US face tough time ahead

Prime Minister Nguyen Xuan Phuc has asked the Ministry of Industry and Trade to double check goods exported to the US to ensure the credibility and reputation for Vietnamese products as well as exporters’ interests in the Southeast Asian nation`s largest export market.

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Experts: GDP should not include non-observed economy

Experts: GDP should not include non-observed economy

Experts have called for a second thought on a plan of the General Statistics Office (GSO) to include the non-observed economy in the calculation of Vietnam’s gross domestic product (GDP), reports Tien Phong newspaper.

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Vietnam anticipates wave of FDI from India

Vietnam anticipates wave of FDI from India

Vietnam is expecting a wave of Indian investment after the meeting between Prime Minister Nguyen Xuan Phuc and representatives of Indian firms in the framework of the ASEAN-India Senior Officials’ Meeting (SOM).

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More and more Vietnamese brands bought by foreign companies

More and more Vietnamese brands bought by foreign companies

 Many Vietnamese famous brands, one after another, are being bought by foreigners.   

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Subdivision of villas as high-end market downsizes

Subdivision of villas as high-end market downsizes

Hanoi’s high-end real estate segment is predicted to decrease in supply and see an increasing trend of subdividing villas and townhouses into smaller flats.

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HCMC aims to halve customs clearance time

HCMC aims to halve customs clearance time

The HCM City customs department aims to cut the time it takes for clearing goods by half by the end of this year, Dinh Ngoc Thang, its deputy head, told the media on the sidelines of a meeting with American businesses on Wednesday.

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