Prime Minister Nguyễn Xuân Phúc yesterday urged ASEAN countries to take measures to facilitate cross-border trade and investment while warning the re-emergence of protectionism.

Deputy PM Vương Đình Huệ is pushing for establishment of a committee under the Government to manage an estimated VNĐ5 quadrillion (US$223 billion) worth of capital at State-owned enterprises (SOEs).

The public is interested in developments in the gold market and in how regulators are dealing with them after gold prices rose higher against international levels recently. Nguyễn Ngọc Cảnh, Director of the State Bank of Việt Nam’s (SBV) Foreign Exchange Management Department talks to Vietnam News Agency reporter Đỗ Huyền about the issue.

Shares rose for a second day on the HCM Stock Exchange yesterday, propped up by recovery of large-cap shares, while continuous foreign sells keep threatening market stability.

Việt Nam’s potential for e-commerce development in the retail sector could achieve a $10-billion revenue by 2020, accounting for half the country’s total retail sales. 
 

Nearly half of small- and medium-size enterprises (SMEs) in the Asia- Pacific region say that their revenue from intra-regional exports will grow over the next 12 months by an average of 22 per cent, according to a global research survey conducted by FedEx Express.  

Two beverage companies controlled by Thai business magnate Charoen Sirivadhanabhakdi registered to buy 38.2 million shares each of dairy firm Vinamilk on December 7.

Vietnamese enterprises have become free from US anti-dumping duties on Circular Welded Carbon-Quality Steel Pipe (CWP) in the US market, the Vietnam Competition Authority said.

Irrecoverable tax debts were estimated to total more than VNĐ15 trillion (US$669.6 million) as of October 31, rising by 1.4 per cent over the end of last year, the General Department of Taxation said.