Economic News

Vietcombank to pull out of BNP Paribas insurance joint venture

Tue, 05 Nov 2019 16:36:00

Vietcombank is selling its stake in a JV with French life insurance firm BNP Paribas as part of a possible bancassurance deal with a foreign buyer.

Over 12,000 businesses set up in October

Tue, 05 Nov 2019 16:35:00

Vietnam saw 12,182 businesses established in October, up 3 percent from the previous month, according to the General Statistics Office (GSO).

PM attends Mekong-Japan Summit in Thailand

Tue, 05 Nov 2019 16:33:00

Prime Minister Nguyen Xuan Phuc, leaders of other Mekong countries and Japanese Prime Minister Shinzo Abe attended the 11th Mekong-Japan Summit in Bangkok on November 4 evening.

Flights and fake passports: The 'VIP packages' enticing Vietnamese to UK

Tue, 05 Nov 2019 16:31:00

For up to $50,000, Vietnamese migrants can get the "VIP package" to Britain, flight, fake passport and even a lawyer, illegal.

Vietnam’s purchasing power continues to grow

Tue, 05 Nov 2019 16:29:00

Purchasing power has rising during the first 10 months of the year and total revenue for goods and services hit 4 quadrillion VND (172.5 billion USD), an 11.8 percent increase compared to the same period last year, according to the General Statistics Office (GSO).

PM concludes activities at 35th ASEAN Summit

Tue, 05 Nov 2019 16:26:00

Prime Minister Nguyen Xuan Phuc attended the 3rd Regional Comprehensive Economic Partnership (RCEP) Summit and met with Japanese PM Abe Shinzo on November 4, wrapping up his activities at the 35th ASEAN Summit and Related Summits.

Obtaining travel visa to Vietnam harder than its neighbors: survey

Tue, 05 Nov 2019 16:23:00

Vietnam’s Tourism Advisory Board (TAB) has suggested new policies after survey participants stated getting a travel visa to Vietnam was tougher than other Southeast Asian countries.

Vietnam, France holds sixth high-level economic dialogue

Tue, 05 Nov 2019 16:19:00

The sixth Vietnam-France high-level economic dialogue took place in Paris on November 4 under the co-chair of Vietnamese Deputy Minister of Planning and Investment Vu Dai Thang and French Secretary of State to the Minister for Europe and Foreign Affairs Jean-Baptiste Lemoyne.

Hanoi striving to get dengue fever under control in November

Tue, 05 Nov 2019 16:13:00

A total of 764 new cases of dengue fever were discovered in Hanoi between October 28 and November 3, a fall of six cases in comparison to the previous week, according to Nguyen Nhat Cam, director of the Hanoi Center for Disease Control.

Flood plains near Hoi An, a sight for photographers’ sore eyes

Tue, 05 Nov 2019 16:02:00

The Bai Say-Dam River area in the central province of Quang Nam floods in autumn, spectacularly changing the landscape.

Vinamilk Q3 profit meets 80 percent of yearly target

Tue, 05 Nov 2019 16:00:00

The Vietnam Dairy Products Joint Stock Company, one of the country's leading dairy producer, has reported its nine-month net profit hit 80 percent of the year's target

Vietnam urged to simplify its visa process to lure more visitors

Tue, 05 Nov 2019 15:56:00

Visa policy is the most improved indicator in the Travel and Tourism Competitiveness ranking of Vietnam, announced by the World Economic Forum (WEF) in 2019.

Da Nang on Indian billionaires’ radar for exotic weddings

Tue, 05 Nov 2019 15:52:00

First it was Phu Quoc Island, now it is Da Nang that is emerging as an exotic location for rich Indians’ weddings.

Vietnam enjoys trade surplus with Israel

Tue, 05 Nov 2019 15:49:00

Vietnam-Israel trade reached over 790 million USD in the first nine months of 219, with Vietnam’s export revenue of about 410 million USD, according to the Vietnam Trade Office in Israel.

National dialogue forum on forecast-based financing opens

Tue, 05 Nov 2019 15:47:00

The National Forecast-based Financing (FbF) Dialogue Platform was held in Hanoi on November 4 by the Vietnam Red Cross Society (VNRC), German Red Cross and UN Food and Agriculture Organisation (FAO).