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Vietnam Grand Sale 2021 hoped to stimulate consumption
Business

Vietnam Grand Sale 2021 hoped to stimulate consumption

Vietnam Grand Sale 2021 was launched by the Ministry of Industry and Trade on December 1 to boost trade promotion and promote Vietnamese brands. It is expected to stimulate sales, improve goods circulation, and grow service revenue around the country, helping businesses recover and raise production and business activities.
Business

Assistance coming to create circular economy

At a video seminar co-organized by the Norwegian Embassy in Vietnam, the Asian Development Bank (ADB), and the Vietnam Environment Administration at the Ministry of Natural Resources and Environment on November 30, many international donors pledged to support Vietnam to successfully build a circular economy. The Cities Development Initiative for Asia (CDIA) also committed to providing technical support to a project on solid waste management in southern Ba Ria-Vung Tau province.
Business

Bac Ninh aims to become a modern, high-tech industrial city

Despite being the smallest locality in the country in terms of area, northern Bac Ninh province ranked first last year in terms of industrial production value, second in goods export turnover, and eighth in gross regional domestic product (GRDP). It has also become a magnet for new generation FDI flows. These development steps create the foundation for it to change into a modern industrial city in the future.
Deputy PM calls for 2025 completion of first phase of Long Thanh Airport

Deputy PM calls for 2025 completion of first phase of Long Thanh Airport

Deputy Prime Minister Le Van Thanh has requested that the first phase of Long Thanh International Airport in southern Dong Nai province be completed by January 2025. He also asked that the State Bank of Vietnam (SBV) facilitate the provision of domestic credit in foreign currency to Airports Corporation of Vietnam (ACV).
JICA to further support agriculture

JICA to further support agriculture

Many new cooperative proposals to support Vietnam’s agricultural sector were made at a meeting between Minister of Agriculture and Rural Development Le Minh Hoan and Mr. Shimizu Akira, Chief Representative of the Vietnam Office of the Japan International Cooperation Agency (JICA) on November 17. Proposals included cooperation in improving agricultural infrastructure and building food value chains.
Local enterprises account for 11% of 10M ICT revenue

Local enterprises account for 11% of 10M ICT revenue

Total revenue in Vietnam’s information and communications technology (ICT) sector in the first ten months of this year reached VND2.5 quadrillion ($110.7 billion), an increase of 9 per cent year-on-year, of which Vietnamese enterprises earned VND292 trillion ($12.8 billion), or 11 per cent.
Direct US flights to boost trade and investment

Direct US flights to boost trade and investment

The first regular non-stop flight between Vietnam and the US, operated by Vietnam Airlines and expected later this month, will open up more opportunities for the two countries in terms of trade and investment. Two-way trade turnover is expected to reach a record $100 billion this year.
Startup Homebase raises $30mln

Startup Homebase raises $30mln

Homebase, a startup platform providing real estate investment solutions for sub-prime borrowers, has successfully raised $30 million. The new capital will help it develop more proprietary technology, expand markets, and establish more partnerships with investors and brokers.
Auto market on road to recovery

Auto market on road to recovery

Vietnam’s motor vehicle market posted sales of 29,797 in October, a 120 per cent increase compared to September. According to the Vietnam Automobile Manufacturers Association (VAMA), sales rose in the month thanks to two main factors: the reopening of all auto dealers nationwide, and the rapid recovery of imported completely-built-up (CBU) vehicles.

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