Consumption of goods, services up
The General Statistics Office (GSO) yesterday reported that the total retail sale of goods and services in the first seven months achieved a year-on-year increase of 11.4 per cent to US$78.8 billion.
New forum to help local support industry
The HCM City Export Processing and Industrial Zone Authority (HEPZA) last week signed a cooperation agreement with the Japan External Trade Organisation (JETRO) to establish the Viet Nam-Japan Support Industry Forum (VIETPANSIF).
New Land Law improves framework
Though the new Land Law has not completely satisfied all involved parties, it ensures more transparent and equitable treatment for land users, property consultancy CBRE said in a report.
Vietnamese, Egyptian businesses eye links
Officials of the Sai Gon New Port Corporation (SNP), the country's largest container terminal services provider, met representatives from leading Egyptian businesses in logistics and freight forwarding in Cairo, on Sunday.
Vinatex to up investment in domestic fashion industry
The Viet Nam National Textile and Garment Group (Vinatex), has restructured its domestic business strategy to further invest in domestic production by expanding sales and distribution and developing the fashion industry.
TTC Group inks co-operation deals
Thanh Thanh Cong (TTC) Group yesterday signed strategic agreements with Pepsico Viet Nam, Singapore-based ED&F Man Asia Pte Ltd, and Pegas Touristik Group for co-operation in the sugar, tourism, and hotel industries and promote export of ethanol products.
Ministries act to reduce retail price of petrol
The Viet Nam National Petroleum Group (Petrolimex) yesterday reduced the price of RON 92 gasoline by VND330 (1.6 US cents) to VND25,310 ($1.21) per litre.
Share sell-offs drag down indices
Regardless of the petrol price cuts, shares tumbled on both national stock exchanges yesterday following sell-offs.
Vinamilk, VinGroup to pay millions in cash dividends
Dairy giant Vinamilk (VNM) and property developer VinGroup (VIC) will spend trillions of dong paying dividends during the next two months.
Over 170 firms to join fisheries expo
Over 170 Vietnamese and foreign enterprises are expected to take part in the 2014 Viet Nam Fisheries International Exhibition (Vietfish 2014), in HCM City from August 6 to 8.
Thong Thuan opens shrimp factory
The Thong Thuan seafood processing company inaugurated a shrimp processing plant with an annual capacity of 6,500 tonnes of end products, in the central province of Ninh Thuan last week.
VAMC looks to find foreign buyers for bad debts
VAMC looks to find foreign buyers for bad debts

Thanks to concerted efforts by the Viet Nam Asset Management Company (VAMC) and commercial banks, the former has so far bought around VND50 trillion (US$2.4 billion) worth of bad debts and plans to increase that to VND70-100 trillion by year-end.

Petrol price hike follows global market
Petrol price hike follows global market

 The adjustment in the selling price of petroleum has stirred a controversy, especially in its transparency though it has become more flexible.

Highlight

Chinese drilling rig pulled out of Vietnam's waters Chinese drilling rig pulled out of Vietnam's waters

At 6:30pm on July 16, China's oil rig Haiyang Shiyou – 981 was 41 nautical miles from its previous position and out of Viet Nam's exclusive economic zone and continental shelf, about 163 nautical miles southwest of China's Hainan island, reported the Viet Nam Coast Guard High Command.  

School closed for torturing autistic students School closed for torturing autistic students

City authorities have shut down an illegal school for autistic children after it was found to be torturing its students.

Teachers question city's proposal to use e-books 2    Teachers question city's proposal to use e-books

E-books would replace printed textbooks in the first to third grades in HCM City for the upcoming schools year under a new proposal, the vice chairman of the city People's Committee Hua Ngoc Thuan has said.

Beer plant left unfinished Beer plant left unfinished

A beer plant under construction in the centre of Ha Tinh City has become a pasture for local residents to graze oxen.

Noi Bai unveils first sleeping pods Noi Bai unveils first sleeping pods

Vietnam Airlines Tourism Company (VATC ) has installed the first ever sleeping pods in Noi Bai International Airport to serve the passengers.