News

Hanoi (VNA) – The General Statistics Office (GSO) and the International Monetary Fund (IMF) are working together toreview the methods to evaluate the Gross Domestic Product (GDP) scale of Vietnam.

Hanoi (VNS/VNA) - Standard and Poor’s (S&P) Global Ratings’ recent upgrade of its long-term sovereign credit rating for Vietnam, the first time since 2010, was expected to help the country to attract more foreign investments into the economy and expand exports.

Vietnam's steel industry is poised to see further growth in apparent steel demand, even after a bumper year of steel production in 2018, the Vietnam Steel Association said at a conference this week.

Both the VN-Index and HNX-index closed in the green today despite foreign investors being net sellers for a third consecutive session.

Vietnamese shares extended gains for a second trading day at the same pace as investors looked for opportunities in listed firms with supportive news.

Changes in senior personnel, listing on the securities market, raising capital and the settlement of bad debts are expected to be the top priorities of banks at their upcoming annual general meetings (AGM) this month.

The State Bank of Viet Nam has resumed open market operations for the first time since Tet (Lunar New Year) to improve liquidity in the banking system.

There is untapped potential for Vietnamese electrical equipment, power lines and cables to penetrate the Philippine market, Le Hoang Tai, deputy head of the Trade Promotion Centre under the Ministry of Industry and Trade (MoIT) said.

Online import and export activities of small- and medium-sized enterprises (SMEs) are expected to develop further due to the low number of them currently embracing e-commerce, according to experts.