National flag carrier Vietnam Airlines welcomed the 100th aircraft of its fleet at Noi Bai International Airport in Hanoi on October 22.

The Binh Son Refining and Petrochemical Joint Stock Company (BSR) has enjoyed sound business results from the outset of the year, although its profit margin was affected by fluctuations in global oil prices.

Japanese investors are pouring more capital into the southern province of Binh Duong to tap into local potential in electronic component manufacturing, automobile assembly and production, and supporting industries.

Collection of the State budget between 2016 and 2020 is expected to meet the target of 6.8 quadrillion VND (nearly 293 billion USD), the Ministry of Finance (MoF) reported on October 21.

Sustainable supplies of goods and production were key areas for Vietnamese businesses to focus on in order to join the global supply chain, Director General of the Foreign Trade Association (Amfori) Christian Ewert said at a conference held in Ho Chi Minh City on October 21.

The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,148 VND per USD on October 22, down 5 VND from the previous day (October 21).

In the absence of suitable legal framework, Vietnamese start-ups are struggling to secure much-needed capital while investment funds have difficulties navigating the country’s numerous regulatory barriers, said fund managers and policy researchers.

Nguyen Phuong, sales director of Minh Thanh Co., Ltd, said his company plans to invest more than 50 billion VND (2.15 million USD) in a production chain for bedroom and living room furniture.

Vietnam, Japanese localities sign cooperation agreement

Vietnam is one of the promising strategic markets for South African businesses, heard the Vietnam-South Africa business conference in Ho Chi Minh City on October 21.

Digital transformation is not only a trend but also essential for businesses to thrive as the fourth industrial revolution (4IR) has boomed globally, heard at a conference held in Ho Chi Minh City on October 20.

The northern mountainous province of Vinh Phuc is implementing several policies to support industrial and handicraft establishments in rural areas, with the goal of shifting the economic structural in rural areas.

The number of new listing firms on the two local bourses has remained modest in the first nine months of the year.

National flag carrier Vietnam Airlines announced on October 21 that it will operate three flights a week connecting the central coastal city of Da Nang with the northeastern province of Quang Ninh from November 1.

The Vietnam-Korea Businessmen and Investment Association (VKBIA) has joined the organiser of the ongoing International Agriculture Exhibition (IAE) 2019 in Seoul, the Republic of Korea, to run several activities at event.

Twelve individuals and organisations have been awarded the I-Star 2019 prizes, each worth 50 million VND (2,100 USD), for their excellent achievements in startup and innovation activities.

The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,153 VND per USD on October 21, down 1 VND from the last working day of previous week (October 18).

The Vietnamese Entrepreneurs Association in Sydney (VEAS) held a seminar on start-ups, governance and business development in Sydney on October 19.

Nearly 40 listed companies on Vietnam’s two local exchanges will be honoured at the Best Listed Companies Awards 2019 in November.

Vietnam has been recording strong development in e-commerce, through which businesses will have more chances to promote export, an official said at a workshop in Hanoi on October 18.