Many banks and finance companies have proactively adopted technologies to provide digital financial services, Nguyen Hoang Minh, a senior central bank official said.
Whether Vietnamese enterprises can cash on the opportunity brought by the CPTPP to increase exports of garments, footwear, timber products, and beverages depends on their preparation, experts said.
With a record trade surplus of 9.12 billion USD over the first 11 months and year-on-year export growth of 7.8 percent, experts believe that 2019 will be the fourth straight year Vietnam will post a trade surplus.
Police recently cracked down on a major transnational ring that trafficked heroin from Cambodia to Taiwan (China) through Vietnam, the Ministry of Public Security said on December 5.
Vietnam’s coffee sector needs to have strategies to improve material quality and step up intensive processing to increase export value and incomes for farmers as well as develop Vietnamese coffee brand, said experts at the Vietnam Coffee Week in HCM City on December 4.
Festo, a German supplier of automation technology and technical education, plans to expand investment in Việt Nam to take advantage of the increasing foreign investment and production in the country.
The domestic textile and garment industry is expected to reach its export revenue target of 40 billion USD this year despite facing many difficulties, said Vu Duc Giang, Chairman of the Vietnam Textile and Apparel Association (VITAS).
The Vietnamese economy is likely to grow at an annual average pace of 7% during the 2021-2015 period, according to a projection by the National Centre for Socio-economic Information and Forecast.
A seminar titled “Opportunities and Challenges arising from CPTPP agreement for Vietnam’s seafood – fruits, vegetables – animal husbandry, meat processing industries” was held in the Mekong city of Can Tho on November 27.
Vietnam’s aquatic export revenue is estimated to reach 778 million USD in November this year, pushing the total earnings in the first 11 months of 2019 to about 8 billion USD.
The Vietnamese men’s U22 team trounced Laos 6-1 in their second match of Group B at the 30th Southeast Asian Games (SEA Games 30) in the Philippines on November 28.
The Vietnamese men’s U22 team trounced Laos 6-1 in their second match of Group B at the 30th Southeast Asian Games (SEA Games 30) in the Philippines on November 28.
Hue city in the central province of Thua Thien-Hue is potentially a giant film studio amid a widespread lack of locations for shooting historical movies.
Vietnam’s head coach Park Hang-seo is planning to field a relatively inexperienced team in the country's opening match at the 30th SEA Games against Brunei in Group B on November 25 afternoon.
It is necessary to improve the legal framework and create a healthy and open business environment for logistics activities to boost the sustainable development of Vietnam’s logistics sector, Deputy Prime Minister Vuong Dinh Hue has said.
The garment industry has called for investment in the underdeveloped textile, dyeing and fabric segments to meet the global supply chain demand, according to the Vietnam Textile and Apparel Association (VITAS).
Vietnam’s tourism real estate market has the potential for strong development, but utilities and services are needed to attract investors, heard a seminar organised by the Vietnam Real Estate Association (VNREA) this week.