The Vietnam Railways Corporation (VNR) revealed on July 6 that its total revenue topped 3.7 trillion VND (156.4 million USD) in the first six months of this year, up 17% year-on-year. Passenger transport in H1 grows strongly with a turnover of more than 1.2 trillion VND, a year-on-year increase of 83%. (Photo: VNA) Of the total, the combined revenue...

Cutting down business condition number is one of the key solutions that the Government has worked out to improve the business environment and national competitiveness in 2023, stated Deputy Minister of Planning and Investment (MPI) Tran Huy Dong at a conference in Hanoi on July 6. Illustrative image (Source: baodautu.vn) This year, the inspection and check of business activities...

The chance has come and doesn’t wait any, so it is necessary seize it to step up rice export, Minister of Agriculture and Rural Development Le Minh Hoan told this ministry’s meeting on July 6. Rice sacks are loaded onto a vessel for delivery at Saigon Port in Ho Chi Minh City. (Photo: VNA) Le Thanh Hoa, Deputy...

The EU - Vietnam Free Trade Agreement (EVFTA) has opened up unprecedentedly big opportunities for Vietnamese rice export. Thanks to preferential tariffs, the shipments of fragrant and high-quality rice to the EU have reaped encouraging results. Vietnam exported 94,510 tonnes of rice to the EU in 2022. (Photo: VNA) The Ministry of Industry and Trade said though rice...

The northeastern province of Quang Ninh recently approved two Foxconn projects totalling more than 246 million USD in investment. Quang Ninh province's leader granted the investment registration certificate to Foxconn. (Photo vneconomy.vn) Foxconn Singapore Pte Ltd will carry out two projects, namely the Foxconn Quảng Ninh FMMV factory and the FECV Foxconn Quang Ninh factory. Both factories will be...

Vietnam is striving to earn nearly 13.7 billion USD from its export of means of transportation, auto parts, and accessories this year from last year's 11.98 billion USD. Vinfast electronic vehicles at Hai Phong Port to be shipped to the US. (Photo: VNA) The expectation for the record is based on the continuing growth of the export in...

A second airport in the capital region is expected to take shape by 2050 to ease the burden on the Noi Bai International Airport, according to the Ministry of Transport. The second airport is expected to ease the burden on the Noi Bai International Airport. (Photo: VNA) Responding to the Hanoi People’s Committee’s proposal on the building of...

The total value of corporate bond issuances was recorded at 42.783 trillion VND (1.86 billion USD) in the first half, according to data compiled by the Vietnam Bond Market Association (VBMA) from the Hanoi Stock Exchange (HNX) and the State Securities Commission (SSC). Illustrative image (Photo: VNA) Specifically, there were seven initial public offerings with a total value of...

According to information from the Management Board of Dong Dang - Lang Son Border Gate Economic Zone, through talks and agreements between the functional agencies of Lang Son province (Vietnam) and the authorities of Bang Tuong town, Guangxi province (China), On July 3, 2023, the Department of Commerce of Bang Tuong Town responded to the restoration of import and...

The Government recently issued Decree 46/2023/ND-CP regulating the supply and use of cross-border insurance services in Vietnam. Illustrative image (Photo: VNA) According to regulations under the decree, those providing cross-border insurance and insurance brokerage services are foreign insurance and insurance brokerage enterprises with headquarters in countries or territories with which Vietnam has signed international treaties on trade, including...