14:37 (GMT +7) - Saturday 25/11/2017
Vietnam's terraced fields among Top 25 surreal landscapes

Biz Traveler 25/11/2017

Vietnam's terraced fields among Top 25 surreal landscapes

The Telegraph newspaper in the UK describes Vietnam's terraced rice fields as looking like another world.

Green Heritage Culture Tourism Week on way

Week to take place from November 21 to 23 in Hanoi.

Digital technology changing accountancy

ICAEW technical sessions hear of skills crucial for accountants during Industry 4.0.

Solutions needed to fill "gap" in tax policy

Mr. Bui Tuan Minh, Tax Partner at Deloitte Vietnam, shares his views with VET on a draft law with a provision on the...

For the well-being of all

Mr. Warrick Cleine, Chairman & CEO of KPMG in Vietnam and Cambodia, touched on specific issues for internal APEC trade...

Recruiting & retaining

It’s never been more important for enterprises to adopt a comprehensive people strategy.

Nedspice opens expanded spice plant

Spice processor opens larger Binh Duong plant.

Not on radar

Local banks have largely ignored the upcoming introduction of International Financial Reporting Standards 9.

Nokia outpaces Apple in Q3 smartphone sales

Nokia stakes out market share of 6% in third quarter against Apple's 4%, with Samsung and OPPO still reigning supreme.

Ariyana Convention Centre successfully hosts key APEC events

The Ariyana Convention Centre set a record in welcoming thousands of delegates attending the APEC Summit in Vietnam.

DHL eCommerce launches ServicePoints

Freight forwarding giant expands service across Vietnam, offering additional delivery choice and convenience to...

Facts & Figures

$45 billion was held by Vietnam as foreign reserves in the first ten months of this year; a record high. Reserves have increased some $6 billion since the end of last year.

$3.38 billion worth of overseas remittances were sent to Ho Chi Minh City in September, up 12.5 per cent against August. The State Bank of Vietnam’s Ho Chi Minh City branch reported that remittances grew 6 per cent year-on-year. Most came from the US, accounting for some 60 per cent, followed by Europe with 19 per cent.

$2.64 billion in non-performing loans had accrued at banks in Ho Chi Minh City as at the end of September, accounting for 3.9 per cent of all credit in the city and down from the 4.04 per cent recorded in December 2016, according to the State Bank of Vietnam.

$90.5 million is to be invested in the Scenia Bay project in Nha Trang, which was launched by the Nam Tien Lao Cai Corporation on October 15. The project features apartments, hotels, and services.

$88 million in capital for two river dredging projects has been approved by the Ho Chi Minh City People’s Committee in a bid to improve water cargo transport capacity and ease pressure on the city’s congested roads. The two projects will be implemented in District 9 from 2017-2019.

$50 million worth of investment has come for a new plant belonging to Meiko Electronics Vietnam, a major manufacturer of printed circuit boards and electronic assembly. It will lease land and infrastructure at the Quang Minh Industrial Park in Hanoi Me Linh district belonging to TNI Holdings Vietnam.

$15 million will be invested by the Dalat Hasfarm Company for a new high-tech flower and vegetable project in Da Lat, which the Lam Dong Provincial People’s Committee has approved. The project covers 29.4 ha in Phuc Tho commune, Lam Ha district, in the central highlands city.

$1 million is to be put into the VPBank StartUp project, which was launched by the Vietnam Prosperity Bank (VPBank) on October 10 to aid the development of Vietnam’s startup community.

Commodities

Crude Oil: $59.48 ? -0.27%
Copper: $2.64 ? 0.38%
Sugar: $134.30 ? 1.21%
Coffee: $12.05 ? -2.19%
Gas: $2.75 ? 0.00%
Corn: $375.25 ? -1.83%

Source: vietstock

Exchange Rates

Unit: VND

NABuySell
EURNANA
GBPNANA
JPYNANA
SGDNANA
USDNANA

Source: Vietcombank

Gold

Unit: milion VND/ounce

Province Buy Sell
SJC NA NA
Ring NA NA

Source: SJC

Weather

Hanoi, vn

Loading...

Sky is Clear

NA m/s Light breeze

South-southwest (NA)

NA% NA hPa

BUSINESS SPOTLIGHT

PRESS WATCH

  • November 24
    November 24

    VET's round-up of news from Vietnamese media for November 24.

  • November 23
    November 23

    VET's round-up of news from Vietnamese media for November 23.

Editor’s letter

The Leaders’ Week for APEC 2017 is about to get underway in Da Nang, where leaders from the 21 member economies will discuss regional current affairs and future directions. Vietnam, as host, is more than ready. [...]
VET’s Cover Story this month touches on issues surrounding APEC, which we hope provide readers with diverse perspectives on the most economically-vibrant region in the world Vietnam is ready for APEC, and we are happy and proud to say “Welcome to Vietnam!”(read more)

The Guide this November attends a new music show in HCMC and plans to head to a music festival in Hanoi and a flower festival in Da Lat...