Business News

The government of the northern province of Quang Ninh has granted the investment certificate for a solar photovoltaic cell factory project by Jinko Solar Hong Kong Company worth US$500 million.

Dozens of industrial zone projects in 13 cities and provinces covering have been approved in the first quarter, promising thousands of hectares of new space for investors over the coming years.

State-run Vietnam Post Corporation (VNPost) has launched a fresh logistics centre in Danang, employing the most cutting-edge package sorting system in Southeast Asia.

Despite the pandemic, Vietnam's retail landscape is still heavy with potential, drawing an investment project of $1.1 billion by the largest Thai retailer, Central Retail Corporation.

Vietnam had 29,300 new companies with a total registered capital of VND447.8 trillion (US$20 billion) in the first quarter of 2021, which hired 245,600 workers, up 1.4% in companies, 27.5% in value and in 0.8% employees from a year earlier, according to the General Statistics Office (GSO).

Prime Minister Nguyen Xuan Phuc ordered the health, tourism and diplomacy sectors to soon study and issue a "vaccine passport" mechanism in order to promote trade and investment while addressing the Government’s regular meeting on March 31.

Flights from HCMC to Thailand’s Bangkok will depart every Friday, while there will be 13 flights connecting Hanoi and Japan’s Tokyo this month, with the first scheduled to take off on April 6, the airline said in a press release.

1. 1st quarter lending grows at double the rate as deposits in HCM City
2. Shareholders of weak and restructuring banks expect to receive dividends soon
3. Fitch revises Vietnam's outlook to positive, affirms rating at 'BB'
4. Hanoi GRDP growth expands by 1.25-fold to 5.17pct in Q1
5. Vietnam rakes in $1.82 billion from iron and steel exports
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