The Republic of Korea (ROK) is the largest foreign investor present in Vietnam with investment capital of US$355.6 million, accounting for 28.3% of the country’s total foreign direct investment (FDI).
On the tenth day of the first month of every lunar year, aka Caishen Day attributed to the sacred God of Wealth, domestic gold buyers stream to gold stores due to the common belief that great fortune would be bestowed upon whoever purchases gold on that day.
The Ninh Binh Nitrogenous Fertiliser Company has just proposed to get an additional loan of VND350 billion (USD15.43 million) from the government to save its loss-making plant.
The cultivation sector aims to earn export revenue of more than $21 billion this year, a year-on-year increase of 2.2-2.3 per cent, the Vietnam News Agency reported the Ministry of Agriculture and Rural Development as saying.
China has become Vietnam’s biggest export market after the country’s total export turnover to China in January surged to US$3.708 billion, a 106% rise or US$1.912 billion over the same period last year, according to the General Department of Vietnam Customs.
The land reclaimation, compensation and resettlement support for the construction of the Long Thanh International Airport in the southern province of Dong Nai is estimated to cost nearly VND23 trillion (US$1.01 billion), the Ministry of Planning and Investment said.
Petrol prices decreased as of 3pm on February 21, as decided by the Ministry of Industry and Trade and the Ministry of Finance.
Most markets, shops, and supermarkets resumed their normal operation on the fifth day of Lunar New Year (Tet), however, they welcomed few customers.
The Vietnam Railway Corporation (VNR) hopes to raise at least 139 billion VND (6.2 million USD) in 2018 from selling its ownership in 15 subsidiary and affiliate companies, reported online newspaper baodautu.vn.
Imports of flowers and ornamental plants for the traditional Lunar New Year (Tet) 2018 hit the US$18 million mark, a rise of nearly 50% over the same period of last year, according to the General Department of Vietnam Customs.
PSNews - From August 2017, Le Thi Tam and his husband decided to invest in a hydroponic vegetable garden in Tay Tri Nhon village, Phu Thuong commune, Phu Vang district, Thua Thien Hue province.
As technology takes over in effectively supporting organizational operations, more and more businesses are deciding to apply digital tools and approaches to drive human resource (HR) innovations that support business transformation and outcomes.
Vietnam’s total newly registered capital and share buying in 2017 has valued at nearly US$36 billion and implemented capital reached nearly US$20 billion. This is record growth for FDI capital in Vietnam in 10 years.
The Hanoi municipal Department of Industry and Trade has announced a list of shops which will open during the traditional Lunar New Year (Tet) festival.
The Vietnam shipbuilding industry has been developing in 10-year cycles with pinnacles in 1987, 1997, 2007 and 2017. As the highest peak of the latest cycle is over, an oversupply may occur in 2018.
Farmers who grow watermelon in southern Ca Mau province’s Ca Mau city are raking in high profits because of a bumper harvest and rising prices for the Tet (Lunar New Year) holiday when the fruit is used on virtually every family altar.
Vietnam spent more than US$167 million on fruit imports in January, a year-on-year increase of 70%, according to the General Department of Vietnam Customs.
Vietnam’s young population, growing economy and industries will increase its power consumption by ten percent annually
Economic experts have argued that keeping inflation rate in check is a feasible target for this year, however, there are some risks requiring flexible price control management.
Vietnam was the strongest gold jewellery market in Asia last year, according to the World Gold Council’s report about gold trends in 2017 released recently.