Trucks carrying Vietnamese goods lay stranded at the border due to China’s strict COVID-19 preventive measures and sluggish customs clearance. — Photo laodong.vn HÀ NỘI — To support the export of agricultural produce, the Ministry of Agriculture and Rural Development (MARD) has proposed the Ministry of Transport find solutions to the problem …
Read More »VN banks expect to sell more shares to foreign investors in 2022
Customers trade at an Orient Commercial Bank (OCB)’s office. OCB is negotiating with foreign partners to sell 10 per cent of its charter capital. — VNA/VnExpress News Photo HÀ NỘI — A number of Vietnamese banks plan to sell more shares to foreign investors in 2022 as part of set strategies. Leaders of …
Read More »Việt Nam has 683,600 operational firms: economic census
As of December 31, 2020, Việt Nam counted 683,600 operational enterprises. — VNA/VnExpress News Photo HÀ NỘI — As of December 31, 2020, Việt Nam counted 683,600 operational enterprises, up 35.3 per cent from 2016, the 2021 economic census revealed. According to the census, whose preliminary results were announced by …
Read More »US anti-dumping decision poses threat to Vietnamese raw honey businesses
Nguyễn Phương Thảo Since the US Department of Commerce decided to apply the highest ever tariff rate (over 412 per cent) for raw honey imported from Việt Nam, which exports more than 90 per cent of its honey to the US, small honey companies have been like a beehive …
Read More »Government resolution sets 2022 growth target at 6 to 6.5 per cent
The Government aims at 4 per cent growth in the Consumer Price Index in 2022. —VNA/VnExpress News Photo HÀ NỘI — The Government has issued a resolution on tasks for the implementation of the socio-economic development plan and State budget estimate in 2022 with a target of 6 to 6.5 per …
Read More »Southern key economic region receives large inflow of foreign investment in 2021
A factory of Vina Kraft Paper Co. Ltd. was financed by SCG Group from Thailand, in Mỹ Phước 3 Industrial Park in Bình Dương Province. — VNA/VnExpress News Photo Chí Tưởng HÀ NỘI — Although the fourth wave of the pandemic negatively affected local production and businesses, the inflow of foreign investment to the southern key economic region increased significantly in 2021. …
Read More »Top 5 commodity brokers in Việt Nam revealed
The Gia Cát Lợi Commodity Trading JSC is among top five largest commodity companies in Việt Nam in 2021. — Photo the company HÀ NỘI — The five companies holding the largest commodity brokerage market shares in Việt Nam sustained their positions in 2021, according to the Mercantile Exchange of Việt Nam (MXV). The Gia …
Read More »Agro-produce exporters favor Chinese market despite border congestions
Sluggish customs clearance and temporary border gate closures are frequent, but farm produce exporters prefer the Chinese market, given its large intake volumes and less demanding quality control. Thousands of container trucks carrying agricultural produce, mainly fresh fruits, have been stranded in border areas in the northern province of Lang …
Read More »China resumes dragon fruit imports at border gate
China has resumed imports of fresh fruits, including dragon fruit, through the Hekou-Kim Thanh border gate that straddles the Chinese province of Yunnan and the Vietnamese province of Lao Cai. It had stopped the imports in mid-July after Yunnan detected the novel coronavirus on packages and trucks carrying dragon fruits …
Read More »Vietnam set to become Asia startup hub
Vietnam could be Asia’s next startup hub after local companies saw funding surge over 40 times in the last five years, a venture capitalist said. Venture funding for startups in Vietnam reached $2.1 billion last year, up from just $48 million in 2017, Binh Tran, co-founder of Ascend Vietnam Ventures, …
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