Vietnam’s growth to remain under pressure in 2019

Thu, 04 Jul 2019 13:46:00

Fitch Solutions, a macro research unit of Fitch Group, maintains its forecast that Vietnam’s real GDP growth will come in at 6.5 per cent in 2019, a fall from 7.1 per cent in 2018, partly due to unfavourable base effects potentially occurring in the remainder of 2019 and slowing global demand.

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State investment agency to auction stake in prawn cracker maker

Thu, 04 Jul 2019 13:44:00

The State Capital Investment Corporation will auction its entire 49.89 percent stake in prawn cracker maker Sa Giang Import-Export JSC.

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Vietnam paper industry needs to diversify product portfolio

Thu, 04 Jul 2019 13:40:00

The paper industry has potential for growth, but businesses need to avoid investment in products that have excess supply, according to the Vietnam Paper and Pulp Association (VPPA).

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Airport-rail link project; Map Ta Phut port project to be signed next month

Wed, 03 Jul 2019 15:57:00

The Eastern Economic Corridor Policy Committee has acknowledged progress in the high-speed rail project to link three airports and the Map Ta Phut industrial port development project. Contracts for both projects are expected to be signed between state firms and private concessionaires next month.

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European media show positive assessment of EVFTA

Wed, 03 Jul 2019 15:56:00

European media continue to publish many articles presenting positive assessment of the recent signing of the free trade and investment protection agreements between the European Union (EU) and Vietnam.

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Vingroup stops participating in Fitch credit rating program

Wed, 03 Jul 2019 15:54:00

Fitch will no longer provide assessments of Vingroup’s credit rating after the latter chose to stop being rated.

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Footwear exports buoyed thanks to FTA

Wed, 03 Jul 2019 15:51:00

The footwear sector has optimised opportunities from free trade agreements (FTAs) that Vietnam has signed to increase exports, according to insiders.

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PM Prayut holds bilateral talks with three ASEAN leaders

Wed, 03 Jul 2019 15:49:00

Thailand’s Prime Minister, Gen. Prayut Chan-o-cha, held bilateral talks with his counterparts from Indonesia, Myanmar and Vietnam at the 34th ASEAN Summit in Bangkok.

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Petrolimex and JXTG sign MoU on LNG research

Wed, 03 Jul 2019 15:48:00

An MoU signed Monday by Vietnam's Petrolimex and Japan's JXTG Group will support a plan to build an LNG terminal in Khanh Hoa.

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Bac Giang’s lychee revenue reaches 60-year high

Wed, 03 Jul 2019 15:46:00

Farmers in the northern province of Bac Giang earned revenue of 6.1 trillion VND (262.3 million USD) from lychee this year, surpassing records in the past 60 years in terms of value

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PM attends 30th anniversary of Quang Ngai’s re-establishment

Wed, 03 Jul 2019 15:44:00

Prime Minister Nguyen Xuan Phuc attended a ceremony on July 2 in Quang Ngai to mark the 30th anniversary of the central province’s re-establishment.

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Textbook publisher plans higher prices to offset costs

Wed, 03 Jul 2019 15:41:00

The Vietnam Education Publishing House expects textbook revenues to rise by $4.71 million year-on-year after raising textbook prices.

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First solar power plant inaugurated in Ha Tinh province

Wed, 03 Jul 2019 15:38:00

The Hoanh Son Joint Stock Co has inaugurated its solar power plant, worth more than 1.45 trillion VND (62.7 million USD), in the central province of Ha Tinh

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Vietnam, UK hold 7th strategic dialogue

Wed, 03 Jul 2019 15:35:00

Vietnam and the UK welcomed the sustained progress in their strategic partnership, and stressed support for the rules-based international order, free trade, sustainable economic growth, education and cultural exchanges at their 7th strategic dialogue in London on July 2.

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Vietnamese lawyer probed for abetting tax evasion

Wed, 03 Jul 2019 15:34:00

A Hanoi lawyer famous for taking on high-profile cases could find himself in the dock for abetting tax evasion.

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Foreign ownership cap to deter foreign capital in Vietnam’s fintech

Wed, 03 Jul 2019 15:32:00

It is good for Vietnam to get foreign investment in its fintech sector as support in technology, experience and capital from global major foreign financial groups will help local firms further develop.

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HCM City wants to boost cooperation with Chinese localities

Wed, 03 Jul 2019 15:30:00

Ho Chi Minh City always attaches great importance to relations with Chinese localities, including Zhejiang province and Hangzhou city, Deputy Secretary of the municipal Party Committee Vo Thi Dung has said.

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Teen leader of drug trafficking ring detained in central Vietnam

Wed, 03 Jul 2019 15:28:00

Four members of a drug trafficking ring, including its teenage leader, were detained in Da Nang City on Tuesday.

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