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    Oil and gas manufacturing affirms stuff in integration

    Oil and gas manufacturing affirms stuff in integration

    At a recent symposium on measures to boost the development of Vietnam’s mechanic sectors, Prime Minister Nguyen Xuan Phuc stressed that the Government will establish a market for mechanic firms to develop, including facilitating the sector to seek for domestic and overseas markets for the country’s oil and gas engineering sector’s products.

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    Private economic sector – important driver of economy

    Just one month after the founding of the Democratic Republic of Vietnam, on October 13, 1945, President Ho Chi Minh wrote a letter to the industrial and business circles in the country, in which he stressed their great role in the cause of national construction.
    PM signs directive to promote digital enterprises

    Prime Minister Nguyen Xuan Phuc has signed a directive to promote the development of digital enterprises in Vietnam with a target of developing 100,000 tech firms by 2030.
    PM urges better coordination in managing State capital

    Prime Minister Nguyen Xuan Phuc urged better coordination between the Commission for the Management of State Capital at Enterprises (CMSC) and ministries, sectors and corporations at a review conference of the CMSC on January 16.
    Vietnam strives to achieve socio-economic growth targets in 2020

    Vietnam has to spare no effort to achieve economic growth of 6.8 percent and keep inflation rate of below 4 percent in 2020 amid global political uncertainties, said the Vietnam Institute for Economic and Policy Research (VERP) at a workshop in Hanoi on January 16.
    WB’s Vietnam Development Report 2019 launched

    The Vietnam Development Report (VDR) 2019: Connecting Vietnam for Growth and Shared Prosperity was co-launched by the World Bank (WB) and the Ministry of Investment and Planning in Hanoi on January 15.
    IFC investor group no longer VietinBank’s major shareholder

    The International Finance Corporation (IFC) investor group is now no longer a major shareholder of the Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank), after selling more than 55.7 million shares of the bank.
    Government encourages startup innovation: Deputy PM

    The Government will develop an innovative and business-centred ecosystem, Deputy Prime Minister Trinh Dinh Dung said at the Vietnam Business Forum 2019 in Hanoi on January 10.
    Complying with origin rules critical for garment exports

    To take advantage of free trade agreements and expand exports, meeting rules of origin is crucial for the garment and textile sector, industry insiders have said.
    Vietnam most promising Asian investment destination in 2020: Japanese survey

    Vietnam has been tapped by Japanese firms as the most promising place in Asia to invest in 2020, with India and Southeast Asian countries dominating other top spots, Kyodo News cited a survey as showing on January 8.
    SeABank posts 123.4 percent rise in profit before tax

    The Southeast Asia Joint Stock Commercial Bank (SeABank) on January 8 announced a before-tax profit of more than VND 1.39 trillion (USD 59.8 million) in 2019, jumping 123.4 percent from the previous year.
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