(LSO) - Pham Ngoc Thuong, Vice Secretary of the Party Committee and Chairman of the People’s Committee of Lang Son province, on February 5 inspected customs clearance at the Huu Nghi International Border Gate following Prime Minister Nguyen Xuan Phuc’s instructions. The provincial leader found out that the export, import and transportation of goods via the common border with...

Lang Son (VNA) – Up to 66 trucks carrying goods exported to China underwent customs clearance at Huu Nghi International Border Gate in the northern border province of Lang Son on February 5, after a suspension due to coronavirus outbreak. At Huu Nghi International Border Gate (Photo: VNA) Head of the management board of Dong Dang – Lang...

Hanoi (VNA) - The Sai Gon-Hanoi Commercial Joint Stock Bank (SHB) enjoyed over 3 trillion VND (over 129.2 million USD) in pre-tax profit in 2019, representing a yearly increase of 47 percent. An transaction office of SHB (Photo: VNA) According to a financial report by the bank, as of December 31, the bank had 366 trillion VND in total...

Hanoi (VNS/VNA) - The opening month of this year saw a modest improvement in business conditions in the Vietnamese manufacturing sector, according to a report by a London-based information services firm. (Illustrative photo: VNA) IHS Markit released the Vietnam Manufacturing PMI report on February 3 from responses to monthly questionnaires sent to purchasing managers in a panel of...

Hanoi (VNA) - The domestic leather and footwear industry was in good shape to reach its goals this year, according to Phan Thi Thanh Xuan, Vice Chairwoman and General Secretary of the Vietnam Leather and Footwear Association (Lefaso). Workers at a footwear production plant in Vietnam (Illustrative image. Source: VNA) The industry's industrial production index in 2020 would increase...

Hanoi (VNA) – The Vietnamese resort realty market will continue to retain its appeal to both domestic and foreign investors thanks to its good return of investment as well as the tourism boom in the country, according to the Vietnam Association of Realtors. Illustrative image (Source: VNA) Giving reasons for its optimistic forecast, the association said large-scale projects by...

Hanoi (VNA) – The Ministry of Agriculture and Rural Development held a conference in Hanoi on February 3 to seek ways to promote the trade and production of farm produce, given the complicated development of the acute respiratory disease caused by the novel coronavirus (nCoV) which originated in China’s Wuhan in late December 2019. Dragon fruit for export (Photo:...

Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate at 23,201 VND/USD on February 3, up 5 VND from the last working day of previous week (January 31). Transactions at Techcombank (Source: Techcombank) With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,897 VND/USD...

Hanoi (VNS/VNA) – Local property experts have forecast that the domestic real estate market will recover this year. The local property market will be a bit quiet from now until this year end (Photo: VNA) Market demand and prices would likely to rise, according to economist Le Xuan Nghia. Nghia said more finances would be made available by the...

Hanoi (VNA) – Vietnam’s steel production was forecast to grow slightly, at about 6-8 percent, this year, reported the Vietnam Steel Association (VSA). Illustrative image (Source: VNA) The association said last year saw signs the global steel market was slowing, and it was expected consumption will not improve in the first quarter of this year. The crude steel is...