Việt Nam will improve the competitiveness of major export products to boost export value in line with the country’s economic restructuring and renovation of the growth model, according to a decision recently issued by the Prime Minister.

The Ministry of Industry and Trade (MoIT) last week issued Decision No. 3044/QĐ-BCT to apply safeguard measures on some DAP and MAP fertiliser products imported into Việt Nam.

Local authorities will create as favourable conditions as possible for investors to implement projects in the district.

Việt Nam’s booming stock market, recognised as one of the best performers in the world, has raised the value of many securities firms.

Shares continued rising in early August but observers are predicting a slowdown in the short term as shares have become expensive and exposed to profit-taking risk.

Deputy Prime Minister Trịnh Đình Dũng has approved the proposal to build a coal shipment port in the southern region.

The General Department of Taxation has ruled that from 2018, firms will have to obtain their invoices from the department instead of printing them on their own.

Southern provinces and cities will strive to achieve total retail sales and services revenue of more than VNĐ2,075 trillion (US$91.4 billion) this year, a year-on-year increase of 11.5 per cent, and total export revenue of $104.9 billion, up 11.6 per cent over last year, officials said at a meeting in HCM City last Friday.

Vina T&T Import – Export Service Trading Co Ltd last week exported its first batch of fresh coconuts to the US, which is considered to be a difficult market.