The Vietnam National Quality Awards 2018 were presented at a ceremony in Hanoi on June 23, honouring 75 companies with remarkable achievements in product and service quality and business performance.
The Airports Corporation of Vietnam (ACV) has targeted earning 19.1 trillion VND (820 million USD) in revenue and 8.2 trillion VND (355 million USD) in pre-tax profit in 2019, representing year-on-year increases of 7 percent and 9 percent.
PSNews - Asian Development Bank (ADB) President Mr. Takehiko Nakao today reaffirmed ADB’s support for two subregional development initiatives—the Indonesia–Malaysia–Thailand Growth Triangle (IMT–GT) and the Brunei Darussalam–Indonesia–Malaysia–Philippines East ASEAN Growth Area (BIMP–EAGA).
Prime Minister Nguyen Xuan Phuc has welcomed major groups of Thailand such as Thaibev, Amata and Siam Cement Group to make big investment in Vietnam.
Deputy Prime Minister Vuong Dinh Hue and Deputy Prime Minister of the Republic of Korea (RoK) Hong Nam Ki co-chaired the first dialogue on economic cooperation at deputy prime minister level in Seoul on June 21.
The Ministries of Planning and Investment of Vietnam and Laos signed an agreement on bilateral cooperation for the 2019-2021 period during the talks between the two ministers in Vientiane on June 22.
PSNews - 22 businesses will be presented with the National Quality Gold Awards 2018 by the Prime Minister while 53 other businesses will receive the National Quality Awards 2018 during a ceremony on June 23.
A workshop in Ho Chi Minh City on June 21 gave several recommendations to Vietnamese firms to help them capitalise on Middle Eastern and African markets, which are believed to be greatly potential destinations for Vietnamese goods.
Deputy Prime Minister Vuong Dinh Hue unveiled advantages in investing in Vietnam during a meeting in Seoul, the Republic of Korea (RoK) with local securities investors at the headquarters of the Korea Financial Investment Association (KOFIA) on June 20.
The State Treasury has mobilised 2 trillion VND (86 million USD) from selling Government bonds at an auction held at the Hanoi Stock Exchange this week.
More than 300 businesspeople from Italy’s Piedmont region and member countries of the Association of Southeast Asian Nations (ASEAN) gathered at a workshop in Turin city on June 17 and 18 to seek business cooperation opportunities.
The local currency bond markets in emerging East Asia continued to expand over the first quarter of 2019 despite trade conflicts and moderating global growth, according to the Asian Development Bank’s (ADB) latest issue of the Asia Bond Monitor. Housing bonds and green bonds are potential areas of future growth, the quarterly report said.
Trade between Vietnam and Myanmar reached 860 million USD in 2018, making Vietnam the 9th largest trade partner of Myanmar, it was reported at a meeting between Deputy Prime Minister Vuong Dinh Hue and Myanmar Minister of Planning and Finance Soe Win on June 18.
Preferential export taxes offered by the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) are expected to be promulgated this month. However, the tax reduction is only one of the incentives for Vietnamese goods when entering markets, not a ‘lifesaver’ for businesses, said the Ministry of Industry and Trade (MoIT).
The Dung Quat Economic Zone (EZ) and Quang Ngai Industrial Parks (IPs) Authority has granted an approval in principle for Hoa Phat multipurpose port company to develop a large-scale port complex in the central province.
There is room for the private economic sector to further develop, Prime Minister Nguyen Xuan Phuc affirmed during a reception for representatives from the Vietnam Private Business Association in Hanoi on June 17.
Total State budget collection in the first five months of this year was estimated at 508.6 trillion VND (21.86 billion VND), fulfilling 43.5 percent of the estimate and up 14.1 percent year-on-year, the General Department of Taxation (GDT) reported.
According to the government’s report, since more than 81 percent of the country’s public companies have charter capital of over VND30 billion, the revision thus will affect only a minority of firms.
The General Statistics Office of Vietnam has released a report on Vietnam’s socio-economic development in the first five months of this year.
The Vietnamese real estate market has high development potential thanks to positive economic prospects, a strong foreign direct investment flow and suitable monetary policies, according to a research of Savills Vietnam.