Manufacturing sector drives economic growth Business

Manufacturing sector drives economic growth

The manufacturing and processing industry drove economic growth in 2019 with production volume increasing 11.29 percent over the previous year, according to the General Statistics Office (GSO).
Consumer lending boosted ahead of Tet Business

Consumer lending boosted ahead of Tet

The competition to gain a larger share in the consumer finance market is heating up as rising capital demand before Tet (Lunar New Year) is an opportunity for both banks and finance companies.
Retail sales in Vietnam hit four-year high Business

Retail sales in Vietnam hit four-year high

Retail sales of goods and services in Vietnam reached 4.94 quadrillion VND (214.8 billion USD) in 2019, representing a rise of 11.8 percent over the previous year, according to the General Statistics Office (GSO).
Malaysia promotes digitalisation of economy World

Malaysia promotes digitalisation of economy

The Malaysian government will ensure the digitalisation of the economy will not leave anyone out of the mainstream of development, Minister of Finance Lim Guan Eng said at a tech conference on December 30.
Number of new businesses hits record Business

Number of new businesses hits record

A total of 138,100 businesses with a combined registered capital of 1.73 quadrillion VND (over 74.7 billion USD) were set up in 2019, up 5.2 percent and 17.1 percent, respectively, from the previous year.
Traffic accidents drop over 5 percent in 2019 Society

Traffic accidents drop over 5 percent in 2019

The numbers of traffic accidents, traffic-related deaths and injuries in the country all decreased in 2019, as compared to the previous year, heard a national teleconference held on December 28.
Mong ethnic people celebrate New Year Culture - Sports

Mong ethnic people celebrate New Year

The annual traditional holiday of the Mong ethnic minority group, known as Nao Pe Chau, takes place at the end of the 11th lunar month. The event is held to celebrate the end of the harvest and spend time relaxing together.
Vietnam, Bangladesh target 2 billion USD in two-way trade Business

Vietnam, Bangladesh target 2 billion USD in two-way trade

Vietnamese Deputy Minister of Industry and Trade Cao Quoc Hung and Deputy Secretary of the Bangladeshi Ministry of Commerce Jafar Uddin discussed measures to lift two-way trade to 2 billion USD during the second meeting of the Joint Sub-Committee on Trade in Hanoi on December 27.