Intellectual property (IP) protection of online exports has become increasingly important for Vietnamese businesses as the country has entered a new stage of cross-border e-commerce, experts said. A sorting chain at Amazon. Many Vietnamese companies register for Intellectual property (IP) protection for online exports as the country has entered a new stage of cross-border e-commerce. (Photo courtesy Amazon...

Banks have been steadily cutting deposit interest rates, which have reached around 8%, a move aimed at reducing lending rates to support businesses. The deposit interest rate list at a Saigon Joint Stock Commercial Bank branch in HCM City’s District 3 on May 8. (Photo: VNS) The highest listed rate for 12-month deposits is around 8% per year. Larger...

As many as 400 domestic and foreign enterprises will join the 21st international medical, hospital and pharmaceutical exhibition (Vietnam Medi-pharm Expo), slated to be held in Ho Chi Minh City from August 3-5. The Vietnam Medi-pharm Expo will offer organisations and businesses opportunities to enhance the exchange of experiences, promote their products, seize investment opportunities, and promote cooperation...

The leading steel manufacturer Hoa Phat Group sold nearly 457,000 tonnes of steel in April, of which the volume of hot-rolled coil product reached 239,000 tonnes, the highest since the beginning of the year. At a Hoa Phat factory (Photo: VNA) Also in the month, the group produced 525,000 tonnes of raw steel, up 19% month-on-month and down...

The Vietnam National Coal – Mineral Industries Group (Vinacomin) on May 7 delivered 23,000 tonnes of coal to South Africa. The ship that carries coal from Cam Pha port, Quang Ninh province to South Africa.(Photo: VNA) This is the first time that the group has exported the product to the South African market this year. Vinacomin is planning to...

More than 110.6 trillion VND (4.7 billion USD) of public investment was disbursed in the first four months of this year, equivalent to 14.6% of the yearly target and lower than the 18.48% in the same period last year, according to the Ministry of Finance. Illutrative image. (Photo: VNA) Only three ministries and 19 localities recorded a disbursement rate...

Some Vietnamese firms have shipped abroad many types of medicinal herbs, but individually and with a negligible proportion in the worldwide market share of the product. Such a fact requires measures and effort for the country to push the exports capitalising on its potential of housing about 5,117 herb varieties. Illustrative image (Photo: Vneconomy.vn) According to Tran Minh Ngoc,...

Rising demand for housing in urban areas in the 2021-2030, along with the Vietnamese government’s new policies on land, market transparency and bond issuances, is expected to spur the development of real estate market and opening up capital flows for businesses in the coming time, according to industry experts. Rising demand for housing in urban areas in the...

The National Standardisation Strategy for 2030 has set a target of raising Vietnam’s harmonisation ratio with international, regional and foreign standards to at least 65% by 2025 and 75% by 2030. Vietnam's national standards are built and managed by 13 ministries.(Photo: VNA) As Vietnam is integrating into the global economy, and becomes a member of the World Trade Organisation...

The total State budget revenue in the first four months of this year reached 645.4 trillion VND (over 27.52 billion USD), accounting for 39.8% of the estimate and 95% of the same period last year, the Ministry of Finance announced on May 5. An office of the Hanoi Tax Department. (Photo:VNA) According to the ministry, although the revenue in...