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The city has become a spotlight in startup and a vivid picture about the operation of the socialist-oriented market mechanism, in which businesses are an important part creating wealth for the society and jobs and contributing in improving the growth quality and competitive ability of the city’s economic sector. … [Read more...] about HCMC honors 108 enterprises with outstanding products, services

The exhibition is expected to be an ideal destination for enterprises to promote their brand images to a large number of domestic and international clients. It will create opportunities for business matching, information exchange, and business cooperation as well as technology transfer. … [Read more...] about Int’l expo displays fertilizers, plant protection products

According to the Domestic Market Management Team, the export value reached an estimated US$19.2 billion in May 2018, a rise of 4.5 percent compared with April. In the first five months, the export value reached an estimated US$93.09 billion, 15.8 percent higher compared with the same period in 2017. Of this total, US$26.43 billion was the domestic sector’s contribution, up 17.8 percent; and US$66.66 billion was the export value of the foreign invested sector, including crude oil, up 15 percent. … [Read more...] about Five-month trade surplus surges

In the Southeastern region, natural disasters also affected six provinces and cities. Of these, Binh Phuoc and Dong Nai provinces were badly flooded due to heavy rains. Asides from that, there were 38 cyclones in the whole region, Tay Ninh province alone suffered 22 cyclones. … [Read more...] about Natural disasters bring about US$13.55 million damage in Southern Vietnam

Finally, as the standard of living is improving around Vietnam, the need for consumer durable loans and two-wheeler loans issued at the point-of-sale (POS) continues to grow steadily. FE CREDIT’s total loans at POS make up 9 per cent of the total loan book and grew nearly 10 per cent vs. the first quarter. It has captured the increase in market demand by boosting strategic partnerships with leading retailers who make up the bulk of the home appliances and two-wheeler sales in Vietnam. … [Read more...] about BUSINESS NEWS OCTOBER 11

At the end of the ceremony, deputy head of the Central Steering Committee for Disaster Prevention and Control Tran Quang Hoai introduced three activities, including the “Be va cac vi than” (Kids and Genies) programme, a contest on disaster prevention for members of the Ho Chi Minh Vanguard Children’s Union, and a ceremony to launch the first national press award on disaster prevention and control./. … [Read more...] about VIETNAM NEWS HEADLINES OCTOBER 13