ADB adds 2 more Vietnamese banks to trade finance program

24/05/2017 16:07

The Asian Development Bank’s (ADB) Trade Finance Program (TFP) and two Vietnamese banks - An Binh Joint-Stock Bank (ABBANK) and Tien Phong Commercial Joint-Stock Bank (TPBank) today signed agreements enabling the program to provide guarantees of up to $50 million annually to support trade finance in Viet Nam. 

Vietnam, Bangladesh extend rice trade deal

24/05/2017 13:48

Minister of Industry and Trade Tran Tuan Anh and Bangladeshi Minister of Food Advocate Md Quamrul Islam have signed a document extending the two countries’ memorandum of understanding (MoU) on rice trade that will allow Vietnam to sell up 1 million tonnes of rice to Bangladesh each year.

VN Power Group strives to meet power demand

23/05/2017 21:41

To deal with possible electrical shortages during the dry season, the Electricity of Viet Nam (EVN) will make the most of all power sources, including coal, gas, diesel-fueled and hydropower stations, a representative of the corporation has said.

Trade deficit places pressure on exchange rates

22/05/2017 21:14

Vietnam posted a trade deficit of US$2.74 billion for the first four months of this year, which increased pressure on foreign exchange rates. However, due to the large reserve of foreign currencies, exchange rates are expected to remain stable in the coming time.

Vietnam looks to put rice on Europe’s plate

22/05/2017 15:56

Up to 100,000 tonnes of Vietnamese rice will be shipped to the EU each year tax-free in 2018 following the Vietnam-EU Free Trade Agreement, helping local rice exporters penetrate the market.

Electricity sector urged to reduce power loss

21/05/2017 22:13

The electricity industry must improve its management and technology to reduce losses in the transmission grid as well as eradicate power stealing, which are very serious in rural 

Innovation-Important driving force for regional economic growth

20/05/2017 15:42

PSNews- Innovation might not be limited to technological but also to non-technological elements, which  remains entwined with a complex and broad range of areas such as foreign direct investment (FDI), financial markets, education systems, research and development (R&D), regulatory systems, intellectual property rights (IPR), taxation.

Shim Won Hwan to serve as Samsung Vietnam CEO

19/05/2017 22:02

PSNews - Samsung Electronics on May 17th officially appointed Mr. ShimWon Hwan to CEO of Samsung Vietnam. This was the second time he had been appointed to the Samsung Vietnam CEO since 2010.

Business community tables proposals for PM

17/05/2017 17:37

On May 17, Prime Minister met with 1,500 representatives of Vietnamese and foreign companies in the private sector. Below are some of the proposals the companies and business associations submitted to the government before the meeting.

Toyota continues to lead the Vietnamese car market

17/05/2017 14:25

PSNews - In April 2017, Toyota Vietnam’s sales reached 4,096 vehicles, contributing to consolidate the Japan-Vietnam car joint venture’s leading position of the car segment in Vietnam.