Onwards & upwards
1/23/2018 6:00:00 AM (GMT+7)
 Trade turnover in 2017 reached a record level and continued growth into the future seems almost certain.

Experts warn of ‘startup chaos’ in Vietnam
1/23/2018 7:50:00 AM (GMT+7)
Nguyen Huu Thai Hoa, chair of the board of directors of IBosses Program in Vietnam, at the launch ceremony of the Vietnamese version of the book ‘IBosses – The Rise of Gen Y entrepreneurs’ commented that Vietnam is in ‘startup chaos’.

Vietnam’s $2,400 income per capita disappoints economists
1/23/2018 8:00:00 AM (GMT+7)
VietNamNet Bridge - After 30 years of doi moi (renovation), the Vietnamese income per capita has increased to nearly $2,400 but that doesn’t satisfy many economists.

Association proposes stopping temporary import of sugar
1/22/2018 4:55:57 PM (GMT+7)
The Vietnam Sugar and Sugarcane Association has proposed to the PM not to allow an extension for temporary sugar imports for re-export as the sweet industry was struggling with high stockpiles and slumping prices due to illegally imported sugar.

Demand for beef up in Vietnam
1/22/2018 5:13:49 PM (GMT+7)
 Vietnam paid 410 million USD for imported beef last year due to increasing demand, according to the Ministry of Agriculture and Rural Development.

Local banks under great pressure to hike capital
1/22/2018 4:54:41 PM (GMT+7)
 At a recent meeting Vietinbank chairman Nguyen Van Thang said increasing the lender’s legal capital is one of the most urgent tasks.

Concerns raised over new margin lending policy
1/22/2018 4:53:27 PM (GMT+7)
 The State Securities Commission (SSC) has issued a draft regulation requiring the initial margin ratio contracted by securities companies for margin lending to be at least 60 per cent, which is expected to take effect in early February.

VN “King of pangasius” suffers heavy loss
1/22/2018 3:02:13 PM (GMT+7)
Hung Vuong Joint Stock Company (HVG)’s consolidated audit statement for the fiscal year 2016-2017 has reported a negative after-tax profit of VND705 billion ($31 million) instead of the VND63 billion ($2.8 million) self-reported profit figure. 

Banks expect higher profits from retail banking services
1/22/2018 3:04:29 PM (GMT+7)
 Banks are investing significantly in retail banking services instead of only focusing on corporate lending in the hope of gaining higher profits from the potential segment this year.

Vietnam has potential to become the next BPO giant
1/22/2018 2:14:50 PM (GMT+7)
 Business process outsourcing (BPO) is believed to be one of the five sectors with the greatest potential for growth and investment in Vietnam in the near future.

Vinacomin violations to be investigated
1/22/2018 2:59:53 PM (GMT+7)
 The Government Office has just announced the directions of Standing Deputy Prime Minister Truong Hoa Binh on the inspection conclusions of Vietnam National Coal and Mineral Industries Holding (Vinacomin) and subsidiaries. 

GDP growth rate for 2017 questioned by experts
1/22/2018 4:00:00 PM (GMT+7)
The 6.81 percent GDP growth rate in 2017 has been announced by GSO (General Statistics Office), the only agency in Vietnam in charge of providing official statistics. However, leading experts question the figure.