Vietnam 

VN’s watermelons face many regulations from China – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — The Asia – Africa Market Department, under Ministry of Industry and Trade (MoIT), has made some recommendations for Vietnamese enterprises when exporting watermelons to China. According to the MoIT, watermelon cultivation area in China is currently about two million ha, 10 per cent of the total area of fruit and vegetable crops. Watermelon average output is about 73-75 million tonnes per year. China Customs statistics showed that from 2014 to early 2018, China imported an average of more than 200,000 tonnes per year with a…

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Vietnam 

VN’s supporting industries strive to improve – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — Vietnamese enterprises have the potential to participate in regional and global production value chains on par with the leading countries in ASEAN, because Việt Nam has been a top priority choice of multinational corporations. However, in order to realise this goal, in addition to their own efforts, businesses also need the support of the State. In the draft plan for sustainable development of Vietnamese private enterprises, the Ministry of Planning and Investment (MPI) aims to raise the rate of enterprises participating…

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Vietnam 

VN’s supporting industries strive to be best in ASEAN – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — Vietnamese enterprises have the potential to participate in regional and global production value chains on par with the leading countries in ASEAN, because Việt Nam has been a top priority choice of multinational corporations. However, in order to realise this goal, in addition to their own efforts, businesses also need the support of the State. In the draft plan for sustainable development of Vietnamese private enterprises, the Ministry of Planning and Investment (MPI) aims to raise the rate of enterprises participating…

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Vietnam 

VN’s fintech firm raises $1m in funding from Singapore investor – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — Vietnamese fintech firm Finhay had successfully raised nearly US$1 million from Singapore-based Insigna Venture Partners and other investors, the company announced on January 17. “We are thrilled to support Finhay and believe that it is the right idea, at the right time to enable a new generation in Việt Nam to build their financial future. It is not hard to believe that they will gradually layer on more products and services to become the Amazon of financial services in Việt Nam,” Insignia Ventures Partners founding…

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Vietnam 

Digital economy: new driving force for VN’s development – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI – Living life in a digital age is a key component for the future growth of Việt Nam. That was the message from Prime Minister Nguyễn Xuân Phúc who was speaking at the Việt Nam Economic Forum (VEF) held by the Central Economic Commission on Thursday in Hà Nội. He said the digital economy would be a new driving force for Việt Nam to achieve the goal of rapid and sustainable growth. “The internet economy of Việt Nam is booming,” Phúc…

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Vietnam 

Energy transition could be VN’s next Đổi Mới: experts – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — Increasing energy efficiency together with developing renewable energy is critical for Việt Nam to ensure energy security, according to expert. This was highlighted at a workshop on energy security in the context of climate change during the Việt Nam Economic Forum held by the Central Economic Commission yesterday in Hà Nội. Nguyễn Văn Bình, Chairman of the Central Economic Commission, said climate change was a huge challenge for every country, threatening to drag down socio-economic development. Việt Nam is among five…

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Vietnam 

Prospects look good for VN’s economy in 2019 – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — Việt Nam has experienced a year of socio-economic achievements. For example, economic growth continues at a high level; the macroeconomic environment remains stable; inflation is under control; the trade surplus is at record levels; and the State budget deficit is stable. The statement was made by Nguyễn Đình Cung, director of the Central Institute for Economic Management (CIEM), at a conference held in Hà Nội on Thursday. “More importantly, the macroeconomic foundation continues to be strengthened, the balance of monetary and fiscal…

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Vietnam 

Trends in VN’s network safety, security – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — The Authority of Information Security, under Việt Nam’s Ministry of Information and Communications, has forecast five major trends in network safety and security to watch in 2019. These five trends include network attacks, especially malicious code attacks using artificial intelligence (AI); attacking e-commerce and financial-banking systems with the aim of stealing personal information and data from users; attacks on infrastructure, internet of things (IoT) equipment, smart urban areas, and taking advantage of these devices to carry out network attacks; intentional network attacks on state…

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Vietnam 

Youngsters lead VN’s start-up scene – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI –– Việt Nam is among the most dynamic start-up hubs in the world and well-educated, young entrepreneurs are expected to improve the country’s position on the global start-up map. There are no official statistics on start-ups in Việt Nam, but according to some regional tech sources, as many as 3,000 are operating in the country, making it the third largest start-up ecosystem in Asia. The country jumped 12 places to 47th among 127 economies on the World Intellectual Property Organisation’s 2017 Global…

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Vietnam 

Dragon Capital becomes major shareholder in VN’s top three brokerages – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

HCM City-based fund management company, Dragon Capital, has become a major shareholder in Việt Nam’s three biggest securities firms.— Photo vietnambiz.vn HÀ NỘI — HCM City-based fund management company, Dragon Capital, has become a major shareholder in Việt Nam’s three biggest securities firms. According to the Hồ Chí Minh Stock Exchange (HoSE), Dragon Capital last week purchased nearly 113,000 shares of Saigon Securities (SSI), thereby increasing the total number of shares the fund holds at SSI to…

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