Việt Nam News

Plastic companies are facing possible bankruptcy after 4,000 tonnes of plastic scrap, raw material for their production, have been held up at ports for tests to ensure they meet import criteria.

HCM City is working with several provinces to set up orchid supply chains and mitigate shortages there, especially during holidays when supply dwindles and prices shoot up.

Results from the half of this year show Việt Nam’s economy maintains an impressive growth momentum. However, despite the promising economic prospects this year, the economy still faced many challenges.

As internet users can access a vast pool of information online, one of the challenges facing digital marketing companies is how to create relevant advertising that targets the right customers, experts said at a Việt Nam Online Marketing Forum held in HCM City yesterday.

While animal feed plays a decisive role in  a profitable and sustainable husbandry sector, many shortcomings remained in the management of the materials used and the quality of the feed being used in Viet Nam, experts said.

Việt Nam has expanded the exchange of electronic certificate of origin (e-C/O) to aid trade activities.

PetroVietnam is laying out plans to divest capital from the two biggest Vietnamese fertiliser companies – PetroVietnam Fertiliser & Chemicals Corp (DPM) and PetroVietnam Cà Mau Fertiliser Joint Stock Company (DCM) – to submit to authorities for consideration.

The Centre for Business Incubation of Agricultural High Technology has announced its annual “Innovation in Agricultural Production with Hi-tech” contest for start-ups and innovative projects.

Shares declined steeply towards the end of Wednesday’s afternoon session due to investor concerns over global instability.

The latest co-operative agreement between farming and agricultural firm Hoàng Anh Gia Lai (HAGL) and Trường Hải Auto Corporation (Thaco) has suggested that Vietnamese firms are willing to work together to improve their competitiveness as pressure from foreign businesses mounts.

Núi Pháo Mining Company Ltd has acquired H.C.Starck GmBH’s 49 per cent stake in Núi Pháo – H.C.Starck Tungsten Chemicals Manufacturing LLC (NHTCM) for US$29.1 million.

Asanzo plans to sell 15 per cent of its stake to call for capital of about VNĐ500 billion (US$21.5 million) from now to 2020, Phạm Văn Tam, Asanzo chairman.

Việt Nam National Shipping Lines (Vinalines) will organise a roadshow on August 20 at the Hà Nội Stock Exchange to introduce its initial public offering (IPO) to investors.

 The Directorate General of Anti-Dumping and Allied Duties (DGAD) under India’s Ministry of Commerce and Industry on August 9 announced the initiation of an investigation into countervailing duties on certain types of steel imported from Việt Nam and China.

Interest rates on the inter-bank market have surged strongly in the past week despite the central bank’s net injection of VNĐ14.4 trillion (US$612.76 million).

 Moody’s Investors Service on Tuesday upgraded the ratings of 14 Vietnamese banks, driven by its upgrade of Vietnam’s sovereign rating to Ba3 from B1 late last week.

 The Ministry of Finance proposed to cut 51.4 per cent of the total number of business investment conditions under the ministry’s management.

Cargill Cares Council has rebuilt a school to the mountainous commune of Huc in Quảng Trị Province’s Hương Hóa District, its 88th school in Việt Nam under its rural school-building programme.