Housing stimulus needs released
Deputy Prime Minister Hoang Trung Hai has asked commercial banks to act fast and remove impediments to disbursement of the VND30 trillion (US$1.5 billion) housing stimulus package introduced by the government.
Pepper exports expected to remain high this year
The Viet Nam Pepper Association expects pepper exports to remain stable at high levels this year, amounting to 130,000 tonnes in volume and earning US$900 million.
Fresh off the lot
The Vina Mazda company, a subsidiary of Mazda at the Quang Nam-based Chu Lai - Truong Hai Complex , has exported the first batch of 25 Mazda cars to Laos. The company expects to export about 300 cars to regional countries, such as Laos , Cambodia and Myanmar this year.
State Budget collection in the capital city fell by about VND10 trillion (US$476.1 million) during the first half of the year due to the Government's preferential policies on tax exemptions, reductions and extensions.
Inaccurate and sloppy labelling are common mistakes Vietnamese firms make when exporting food to the US, and they end up paying a price for them, a conference on exporting food and drugs to the US held in HCM City yesterday heard.
Piecing it together
Japanese investor Tokai Kogyo inaugurated its Vietnam Tokai factory in Da Nang yesterday. With a total capital of US$10 million, the factory produces auto parts to export to the Southeast Asian market and international brands such as Toyota, Honda and Nissan.
The State Bank of Viet Nam (SBV) asked all of its branches and local credit institutions to strengthen their forex management in order to further stabilise the local forex market.
As the economy continues its downward trend, companies are finding competition - and copyright regulations - have become tighter.
The People's Committee of southern Binh Duong Province has approved a project to establish a modern logistics centre that will boost entrepot trade in the 2015–20 period.
Viet Nam and Laos businesses gathered at a trade exchange in Vientiane, Laos yesterday seeking cooperation and investment partners and opportunities.
Mitsui company plans to seek an investment opportunity at Da Nang's Hi-Tech Park and Information Technology Park, Ha Noi branch manager of Mitsui, Kazutaka Kiuchi, said.

Highlight

Wild peach branches disappear as demand rises Wild peach branches disappear as demand rises

It's hard to find ancient wild peach branches on sale in the northern mountainous province of Son La, due to their overexploitation by the local people.

Flower Road to be opened today Flower Road to be opened today

The Flower Road in HCM City's Ham Nghi Street will be opened to the public at 7pm today. Viet Nam News photographer Van Dat presents different images of the Flower Road, as seen through his lens.

Vietnamese consumer confidence "largely intact": Economist Vietnamese consumer confidence "largely intact": Economist

Vietnamese consumers started 2015 with their confidence broadly unchanged after a tumultuous 2014, ANZ Bank Economist Glenn Maguire said in a recent report.

Viet Nam ranks 10th worldwide in remittances Viet Nam ranks 10th worldwide in remittances

Viet Nam was among the top 10 countries in the world with the largest amount of remittances from abroad last year, with around US$12 billion, according to the Western Union company, which handles money transfers worldwide.

Viet Nam sit at 137th in world football rankings Viet Nam sit at 137th in world football rankings

Viet Nam jumped up four steps in international football rankings, according to FIFA's latest list.