Daily Archives: March 12, 2020

Vietnam’s initiatives on ASEAN economic cooperation adopted

The 26th ASEAN Economic Ministers (AEM)’ Retreat has approved Vietnam’s 12 prioritized initiatives on economic cooperation in ASEAN during the ASEAN Chairman Year 2020.The 26th AEM Retreat took place in the central city of Da Nang on March 10

Vietnam ready to stabilise price of rice, pork

The Ministry of Industry and Trade has asked rice traders to strictly maintain a reserve equivalent to at least five percent of their export volume in the six most recent months as well as enhancing efforts of price stabilisation

Demand for packaging paper expected to grow strongly

Demand for packaging paper was expected to grow 14-18 percent over the next five to ten years, according to the Vietnam Pulp and Paper Association (VPPA).The Vietnamese paper market posted impressive growth last year, with exports reaching 1 million

State Bank considers cutting prime interest rate

The State Bank of Vietnam (SBV) is to make decision soon on cutting the prime interest rate, the bank’s Deputy Governor Dao Minh Tu said at a meeting on March 12.He said reducing the central interest rate is a

Hanoi seeks to promote economic growth despite COVID-19 outbreak

Hanoi is seeking to fulfill socio-economic targets in 2020 amid the complicated and unpredictable developments of the acute respiratory disease caused by SARS-CoV-2 (COVID-19).At a meeting in the city on March 12, Secretary of the municipal Party Comm...

Dragon fruit project grows

The Vietnam Cooperative Alliance has had a meeting with the People's Committee of the south-central province of Binh Thuan on the development of growing, processing and exporting in the province by 2025.The project is developed by the Vietnam Cooperat...

Over 134.7 million USD raised through G-bond auction

The State Treasury raised over 3.1 trillion VND (134.7 million USD) worth of Government bonds at a recent auction held by the Hanoi Stock Exchange.Accordingly, it offered G-bonds of three maturities – seven years (1 trillion VND), 10 years

One third of realty brokerage exchanges leave market

More than 300 real estate brokerage exchanges, or one third of these firms in Vietnam, have closed recently due to low supply and the impact of the COVID-19 epidemic.Nguyen Van Dinh, vice chairman of the Vietnam Association of Realtors

Business license fee exemption to promote start-ups

The Government will waive business licence fees for a number of companies to improve the business climate and promote entrepreneurship.The exemption will benefit newly-established organisations, households, individuals or groups doing business for the...

Ben Tre speeds up land clearance for Japan’s water management project

The Mekong Delta province of Ben Tre is speeding up land clearance for the implementation of a water management project funded by the Japan International Cooperation Agency (JICA).The project worth over 6.1 trillion VND (261.4 million USD) aims to