In 2019, the banking sector had injected nearly VND8.1 quadrillion ($349.3 billion) into the economy, Governor of the State Bank of Vietnam Le Minh Hung said.

Việt Nam’s gross domestic product (GDP) expanded 7.02 per cent this year, fueled by a robust expansion of the processing and manufacturing sector and service sector, according to the General Statistics Office (GSO).

The Ministry of Industry and Trade (MOIT) has just issued Document No. 9608/BCT-DL, dated December 16, 2019, to the People's Committees of the provinces and cities directly under the Central Government and the Electricity of Vietnam, on stopping proposals and agreements for solar power projects (SPPs) under Feed in Tariff (FIT) mechanism.

Vietnam boasts great potential for agricultural development. Since doi moi was launched in 1986, appropriate orientations and policies have helped awaken this potential, greatly contributing to ensuring national food security, hunger eradication, and poverty reduction while further improving the livelihoods of rural people.

The digital transformation is being considered the key to unlock sustainable development of livestock for the country, with large-scale breeding farms investing more in digital farming in order to create a digitalised agriculture supply chain, minimise costs, and enhance productivity.

Construction of a wind power plant began on Tuesday in the Cuu Long (Mekong) Delta province of Soc Trang.

Vietnamese behemoth Vingroup has entered into an agreement to merge its retail and agriculture units with Masan Consumer Holding, a subsidiary of the Masan Group, to form the country’s largest consumer platform.

In the afternoon of November 29, 2019, in Bac Phong and Loi Hai communes, Thuan Bac district, Ninh Thuan province, Trung Nam Investment and Construction Joint Stock Company (Trungnam Group) held a ceremony to put the first turbine with a largest capacity of 4 MW in Vietnam today of Trung Nam wind power project (phase 2) into operation.

After months of uncertainty over the policy, the much awaited next round of purchase prices in solar power may be set through auction instead of enjoying the same feed-in tariff required elsewhere. The auction method may set the country up for greater clarity and fewer investor risks in the sector. Phuong Thu reports.

The Department of Agriculture and Rural Development of Hanoi has so far managed and granted administrative account codes for 2,527 for facilities, cooperatives, businesses and shops which trade safe food, agro, forestry and fishery products in the capital city