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Friday,  09/20/2024
Exchange rate management policy proves effective
Exchange rate management policy proves effective
Hanoi (VNS/VNA) - The State Bank of Vietnam (SBV)'s exchange rate management policy has been appropriate and effective, creating benefits for the economy and confidence for the market. SBV Deputy Governor Dao Minh Tu speaks at the press conference on October 1. (Photo: VNA) Speaking at a press conference held in Hanoi on October 1 to review the performance...
Stronger reforms needed to facilitate economic performance: PM
Stronger reforms needed to facilitate economic performance: PM
Hanoi (VNA) – Addressing the Government’s meeting on October 2, Prime Minister Nguyen Xuan Phuc requested ministries, sectors and localities to push ahead with stronger reforms to promote production and business activities amid several challenges to and problems of the economy. The monthly meeting of the Government on October 2 (Photo: VNA) Reviewing socio-economic attainments over the past nine...
Germany assists Lang Son in waste management
Germany assists Lang Son in waste management
(LSO) - Vice Chairman of Lang Son People’s Committee Ho Tien Thieu chaired a working session on October 1 with a delegation from the German development bank KfW, who came to inspect the progress of a KfW-funded project on upgrading wastewater and solid waste management systems in Vietnam’s northern provinces. The delegation was led by director of the project...
Industry hits four-year high of 9.56 pct in nine months
Industry hits four-year high of 9.56 pct in nine months
Hanoi (VNA) –Vietnam’s industry expanded by 9.56 percent so far this year, a four-year record, according to the General Statistics Office (GSO). Illustrative image (Photo: VNA) The manufacturing and processing sector led the growth of industry and the whole economy with an expansion of 11.37 percent, while mining grew slightly by 2.68 percent. Head of the GSO’s Industrial...
RoK experts assist energy efficiency projects in Vietnam
RoK experts assist energy efficiency projects in Vietnam
HCM City (VNA) – A conference on the development of energy efficiency projects took place in Ho Chi Minh City on October 1. KOICA Country Director for Vietnam Kim Jin-oh speaks at the conference (Photo: VNA) The event was part of the project “Promoting Investment Market for Energy Efficiency in Industrial Sector in Vietnam”, which is sponsored by...
Nearly 416 million USD mobilised through G-bonds in September
Nearly 416 million USD mobilised through G-bonds in September
Hanoi (VNA) – The State Treasury raised more than 9.65 trillion VND (415.87 million USD) via 15 auctions of Government bonds (G-bonds) at the Hanoi Stock Exchange (HNX) in September. The State Treasury raised more than 9.65 trillion VND (415.87 million USD) via 15 auctions of Government bonds (G-bonds) at the Hanoi Stock Exchange (HNX) in September (Photo:...
Nine-month export revenue picks up 8.2 percent
Nine-month export revenue picks up 8.2 percent
Hanoi (VNA) – Vietnam exported 194.3 billion USD worth of products in the first nine months of the year, a year-on-year surge of 8.2 percent, the Ministry of Industry and Trade said on September 30. FDI sector contributes greatly to the export turnover in nine months. (Photo: baodautu.vn) According to the ministry, 30.7 percent of the export turnover was...
SOEs need solutions to improve production, business efficiency
SOEs need solutions to improve production, business efficiency
Hanoi (VNS/VNA) - As State-owned enterprises (SOEs) have many functions in the local economy, they struggle to fulfil their main task of doing business, so they need solutions to improve business efficiency, according to experts. Viettel accounted for 60 per cent of the telecom industry revenue in 2018, with 234 trillion VND (10.2 billion USD). (Source: dangcongsan.vn) The SOEs...
First section of Bac Giang – Lang Son Expressway technically open
First section of Bac Giang – Lang Son Expressway technically open
(LSO) - The first section the Bac Giang – Lang Son Expressway, from Bac Giang city of Bac Giang province to Chi Lang district of Lang Son province, was technically opened on September 29. The opening ceremony was attended by Deputy Prime Minister Trinh Dinh Dung, officials of the Government Office and relevant ministries and sectors, along with representatives...
Vietnam’s nine-month GDP growth hits 9-year record high
Vietnam’s nine-month GDP growth hits 9-year record high
Hanoi (VNA) – Vietnam’s GDP expanded 6.98 percent in the January-September period, the highest nine-month growth rate over the past nine years, said General Director of the General Statistics Office (GSO) Nguyen Bich Lam on September 28. General Director of the General Statistics Office (GSO) Nguyen Bich Lam speaks at a press conference held to announce the nine-month economic...