News

Hanoi (VNA) – The CPTPP will create a good chance for Vietnamese shrimp exporters to capitalise on the Canadian market, even though the Southeast Asian nation is already the top shrimp supplier there.

The weak infrastructure system, environmental pollution, floods, and traffic congestions are the key issues that Ho Chi Minh City wants to address by calling for both foreign and international investment with 210 projects worth a total of $51.3 billion.

Vietnam is working towards creating one million private businesses next year. In order to reach this goal, with those able to develop strongly and equally, the government will place a major focus on removing current obstructions undermining their competitiveness. Nguyen Thanh reports.

Home to nearly two million inhabitants, Haiphong is the third-largest city in Vietnam, and rapid urbanisation has underpinned its exceptional growth over the past five years. Stephen Wyatt, country head of JLL Vietnam, provides tips on the city’s potential for industrial real estate development.

Hoang Thi Thuy Van, 48, of HCM City’s Thu Duc District, was able to buy a low-priced apartment four years ago because of a preferential credit package, but many people still cannot afford to buy a home.

The State Bank of Viet Nam (SBV) bought US$8.35 billion from credit institutions between the beginning of this year and April 17 to build up the nation’s foreign reserve.

The Refrigeration Electrical Engineering Corporation (HoSE: REE) had the highest value of corporate bond issuance with VND2.32 trillion.

Viet Nam’s socio-economic situation in April 2019 witnessed many positive signs with macroeconomic stability and surging aggregate demand, Prime Minister Nguyen Xuan Phuc told a regular cabinet meeting in Ha Noi on Saturday.

A report on start-ups in Viet Nam implemented by the Topica Founder Institute (TFI) said the total investment capital into Vietnamese start-ups in 2018 reached US$899 million, triple that of the previous year.