Vietnam is a leading information technology (IT) services destination in Asia, heard a press conference in Ho Chi Minh City on August 8 on the upcoming IT service export conference 2017.

Success story of a man leaving city for crop farming

(HBO) – Being keen on gardening, Nguyen Van Thang, born in Hanoi’s outlying Ba Vi district in 1969, has been spending more than 20 years in Thung Rech, a rich soil area in Tu Son commune of Kim Boi district (Hoa Binh province). Between 1992 and 1997, he was known as "King of Sugarcane” in Thung Rech. He was the first to grow sugarcane in the area, leading to a mass cultivation that helped local people alleviate hunger and reduce poverty.

Veteran settles in Hoa Binh lake area

(HBO) – Responding to the appeal of the Party, Nguyen Van Chien from Dan Phuong district, former Ha Tay province, and other 100 local young people moved to work in the Hoa Binh lake area in Voi hamlet, Thai Thinh commune, the northern province of Hoa Binh, in 1978. Three years later, he decided to make a living from scratch in the locality. After 40 years, he built a big stilt house surrounded by 10-ha pomelo orchard which earns him hundreds of millions of Vietnam dong a year. However, Chien’s biggest asset is his strong will and great endeavours to surmount any difficulties he met.

Economic restructuring effective in Quy Hau commune, Tan Lac district

(HBO) – Farmers in Quy Hau commune, Tan Lac district have focused on production restructuring in line with local potential and strength, making significant contribution to sustainable poverty reduction in the locality.

US commences inspections over all catfish imports from Vietnam

All batches of Vietnam’s catfish products that are imported to the United States will undergo quality inspection at the warehouses designated by the US Department of Agriculture (USDA), before being put into circulation in the country, starting August 2.

Hop Thinh commune develops “chit” broom-making

(HBG) – The making of "chit” brooms in Hop Thinh commune (Ky Son) has developed strongly in recent years, bringing stable incomes for many households. "Chit” broom-making workshops have generated jobs for a lot of farmers in post-harvest time. 

Thai Thinh commune taps potential for economic development

(HBO) – Thai Thinh is a remote commune in Hoa Binh city, with forests and hills making up two-thirds of its area and locals living with abundant difficulties. Most of its residents live along the Da River’s banks and have no wet rice field. In recent years, the commune has decided to tap local potential for planting forests, raising cows for meat and fish in cages in order to have been driving the commune’s socio-economic growth.

Vietnam’s exports still going strong despite US protectionism

There are concerns that Vietnam’s exports to the US could be hurt by the growing US protectionism, its withdrawal from the TPP trade deal and Vietnam’s inclusion on a list of countries with which the US runs a trade deficit. However, thus far Vietnam’s exports to the US have remained strong.

Over 300 youth union members attend forum “Startup & Innovation in Hoa Binh”

(HBO) - The Hoa Binh Department of Science and Technology, in collaboration with the provincial Department of Planning and Investment, the Ho Chi Minh Communist Youth Union’s provincial chapter and the management board of Hoa Lac High-tech Park, organised a seminar entitled "Startup & Innovation in Hoa Binh province” in Hoa Binh city on July 26. The event was attended by Vice Chairman of the provincial People’s Committee Nguyen Van Dung and representatives from departments, agencies, local business association, tourism association and small and medium-enterprises association. It also saw the participation of more than 300 youth union members who are developing effective economic models or desire to establish startups.

Hoa Binh province honours outstanding taxpayers

(HBO) - The Department of Taxation of the northern mountainous province of Hoa Binh held a conference on July 19 to honour 85 organisations and individuals, who well performed tax payment obligations and strictly abided by tax-related policies and laws in 2016. The event was attended by Vice Chairman of the provincial People’s Committee Nguyen Van Dung, and representatives from outstanding enterprises in the province.

Hoa Binh accelerates construction of Cao Phong farm produce market

(HBO) – Located on National Highway 6, Bam market in Tay Phong commune (Cao Phong district) is where many residents from not only the commune but also neighbouring areas gather to trade agricultural products such as sugarcanes, oranges and grapefruits, etc. However, as an unplanned market, it often causes traffic congestions, posing risks of public disorder and traffic accidents.

PVN sells 355 million tonnes of crude oil in 30 years

The National Oil and Gas Group (PVN) has sold a total 355 million tonnes of crude oil since the first batch of crude oil was extracted from the Bach Ho field in April 1987, bringing about a huge source of foreign currencies for the country.

Hoa Binh talks with local, foreign investors to remove difficulties

(HBO) – Vice General Secretary of the Party Committee and Chairman of the People’s Committee of the northern province of Hoa Binh Nguyen Van Quang presided over a dialogue between the provincial People’s Committee with enterprises located in local industrial parks (IP) and foreign investors in the localities on July 20. The event drew 72 enterprises.

NA delegation inspects law enforcement on BOT transport projects in Hoa Binh

(HBO) – A supervisory delegation of the National Assembly Standing Committee led by Party Central Committee member and head of the NA’s Economic Committee Vu Hong Thanh, held a working session with the People’s Committee of northern Hoa Binh province on July 19 about the enforcement of laws and policies on transport works in the Build-Operate-Transfer (BOT) model. Attending the event were Vice Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee Nguyen Van Quang, Vice Chairman of the provincial People’s Committee Bui Van Khanh, leaders of provincial departments and agencies, and officials of Luong Son district and Hoa Binh city.

Hoa Binh development fund established

(HBO)- The Hoa Binh provincial People’s Committee announced its decision to set up a provincial development fund on July 18. Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee Nguyen Van Quang chaired the announcement conference. The event was attended by Vice Chairman of the local People’s Committee Bui Van Khanh and representatives from relevant departments, branches and agencies.

Vietnam ships footwear to nearly 100 countries

Vietnam has shipped footwear products to nearly 100 countries worldwide, with 72 of them buying at least 1 million USD of the products, reported the Vietnam Leather and Footwear Association (LEFASO).

Central bank mulls term deposits for foreigners

The State Bank of Vietnam (SBV) is collecting feedback on a draft circular that will, among other things, allow non-residents legally present in Vietnam to make term deposits in both VND and foreign currencies. 

Vietinbank leads Vietnamese banks in Top 1000 World Banks 2017

Vietinbank holds the highest position among Vietnamese banks listed in the Top 1000 World Banks 2017 recently announced by TheBanker, the global financial intelligence agency since 1926.

Can Tho to launch new domestic, international air routes

The Mekong Delta city of Can Tho will open more direct domestic and international routes, targeting promising markets in Southeast and Northeast Asia.

Lap Chieng commune faces challenges in building new-style rural area

(HBO) – A slow change in the economic structure, along with difficulties in production due to natural disasters, droughts and abnormal fluctuations of the market, have challenged the process of poverty reduction in Lap Chieng commune, Kim Boi district, the northern mountainous province of Hoa Binh.

Price of lychee hits record high

The price of lychee has reached an all-time high up to VND80,000 (US$3.52) per kg this year, while the highest price recorded last year was only VND40,000 (US$1.76) per kg.

Emirates commences Hanoi-Dubai daily flights

Emirates airlines has officially commenced daily direct flights from Hanoi to Dubai, providing Vietnamese travellers more seamless connections to its global network of over 150 destinations worldwide.

Vinalines valued at over VND16.7 trillion

The overall value of Vietnam National Shipping Lines (Vinalines) for equitisation was determined at VND16,741 billion (US$736.60 million) including VND10,144 billion (US$446.33 million) worth of State capital.

Vietnam, key trade partner of China’s Guangzhou in ASEAN

Vietnam is a leading trade partner of China’s Guangzhou city, Guangdong province, in ASEAN, said Luo Zheng, director of the Comprehensive Division of the Commission of Commerce of the municipal government, on July 4.

Vinamilk tops Forbes list of 40 most valuable Vietnamese brands

The Vietnam Dairy Products joint Stock Company (Vinamilk) topped the 2017 list of 40 most valuable Vietnamese company brands, released by Forbes Vietnam on July 3.