PetroVietnam enjoys good business results despite falling oil prices Business

PetroVietnam enjoys good business results despite falling oil prices

The Vietnam Oil and Gas Group (PetroVietnam) earned 489.5 trillion VND (over 21 billion USD) in revenue in the first eight months of the year, exceeding the target by 19 percent although the average price of crude oil fell to 58.62 USD per barrel in August compared to the predicted price of 65 USD per barrel.
Thai baht’s price sees rapid increase World

Thai baht’s price sees rapid increase

The Federation of Thai Industries (FTI) is calling on the Bank of Thailand to launch new measures to rein in the baht's rapid gains after the currency hit a more than six-year high.
Vietnam attaches importance to relations with US: Deputy PM Politics

Vietnam attaches importance to relations with US: Deputy PM

Vietnam attaches importance to the Vietnam – US comprehensive partnership and rejoices at the positive development of the bilateral relations over the recent past, Deputy Prime Minister Vuong Dinh Hue affirmed at his telephone talks on May 13 with US Secretary of the Treasury Steven Mnuchin.
IFC credit package boosts lending to Vietnamese SMEs Business

IFC credit package boosts lending to Vietnamese SMEs

The International Finance Corporation (IFC) – a sister organisation of the World Bank and member of the World Bank Group - and the Orient Commercial Bank (OCB) on March 27 signed a cooperation deal on a 100 million USD credit package and a consultancy programme to promote supply chain financing.
Prime Minister welcomes Boeing, HSBC leaders Business

Prime Minister welcomes Boeing, HSBC leaders

Prime Minister Nguyen Xuan Phuc received Kevin McAllister, Executive Vice President of the US’s Boeing Company and President and Chief Executive Officer of Boeing Commercial Airplanes, in Hanoi on February 27.
US-DPRK Summit propels Singapore’s tourism World

US-DPRK Summit propels Singapore’s tourism

The Singapore Tourism Board (STB) said on February 13 that foreign tourist arrivals in the country hit a three-year record in 2018, mostly propelled by its hosting of the first summit between US President Donald Trump and leader of the Democratic People’s Republic of Korea Kim Jong-un in June 2018.
Hai Phong sets socio-economic targets for 2019 Business

Hai Phong sets socio-economic targets for 2019

The Gross Regional Domestic Product (GRDP) of the northern port city of Hai Phong is expected to grow 15.5 percent and its domestic budget collection is projected to exceed 26.3 trillion VND (1.1 billion USD) in 2019.
Cultivation targets 21 billion USD in export revenue Business

Cultivation targets 21 billion USD in export revenue

The Department of Crop Production under the Ministry of Agriculture and Rural Development (MARD) has set the goals of 1.7 percent production growth and 21 billion USD in export revenue for the cultivation sector in 2019.
Hai Phong sets socio-economic targets for 2019 Business

Hai Phong sets socio-economic targets for 2019

The Gross Regional Domestic Product (GRDP) of the northern port city of Hai Phong is expected to grow 15.5 percent and its domestic budget collection is projected to exceed 26.3 trillion VND (1.1 billion USD) in 2019.
Vietnamese exports reach new markets Business

Vietnamese exports reach new markets

Vietnam exported goods to 200 countries and territories worldwide in 2018, including 50 major markets, Sai Gon Giai phong (Liberated Saigon) daily reported.
Hai Phong urged to develop strong sea-based economy Politics

Hai Phong urged to develop strong sea-based economy

Party General Secretary and President Nguyen Phu Trong asked the northern port city of Hai Phong to develop a strong sea-based economy during a meeting between the Politburo and the municipal Party Committee in Hanoi on December 13.