The reforms in Vietnam’s management procedues and control have not yet seen significant changes, according to the findings of the American government’s USAID Governance for Inclusive Growth (GIG) programme.

Deputy Prime Minister Vương Đình Huệ praised the Thai-based Central Group’s investment in distribution, wholesale, and retail sectors, saying that he expects the group to continue to invest in these sectors.

The Deputy Governor of the State Bank of Việt Nam (SBV), Nguyễn Thị Hồng, told members of the European Chamber of Commerce in Việt Nam (EuroCham) on Monday in Hà Nội that she is optimistic her institution will achieve its yearly goals.

The Ministry of Finance is seeking a joint force comprising relevant ministries and agencies to combat transfer pricing under a draft decree which was being raised for public comments.

The 2015 Civil Code, which will take effect January 1^st, 2017, discusses risks that enterprises should take into consideration when creating contracts for the sale of goods, machinery, equipment and raw materials.

The Ministry of Agriculture and Rural Development (MARD) has required Việt Nam’s rice exporters to closely control the quality of rice exported to the US, after some exports were rejected.

The National Administration of Tourism announced a 25.7 per cent increase in the number of tourists, up to more than 7.26 million visitors, compared with the same period last year.

The total revenue from retail trade and services topped US$118.4 billion during the first nine months of this year, surging 9.5 per cent year-on-year, according to the General Statistics Office (GSO).

Building a brand strategy for Việt Nam’s food industry will help increase recognition of the country’s food products on the world market, thereby boosting the sector’s growth through stronger exports.