The Vietnam Register (VR) has announced a large-scale recall for more than 2.500 imported Ford Ranger units to check and fix faulty gearshift cable contacting propeller shaft.

The State Bank of Việt Nam (SBV)’s exchange rate policy was aimed at ensuring macroeconomic stability, not just export growth, said Nguyễn Thị Hồng, the bank’s deputy governor.

Exports of plastic products were worth US$1.43 billion in the first half of the year, a year-on-year increase of 20 per cent, according to the General Department of Vietnam Customs.

Both authorities and gas traders are facing difficulties in implementing Decree 87/2018 on gas trading, which took effect yesterday, heard at a conference held in Hà Nội on Tuesday.

The HCM City tax department said it has served a tax notice and slapped a fine on an individual together amounting to VNĐ4.1 billion (US$178,000) for failure to pay tax on incomes received from foreign companies in the last two years.

More than 500 local and international delegates and representatives from ministries and sectors across the country are expected to participate in an investment promotion conference to be held next week in Cần Thơ City in the Cửu Long (Mekong) Delta.

The upcoming valid EU-Việt Nam Free Trade Agreement (EVFTA) will create a strong driving force for fostering Việt Nam – EU comprehensive economic partnership via the abolition of 99 per cent of import tariffs in the next 7-10 years. Chairman of the European Parliament’s Committee on International Trade (INTA) Bernd Lange spoke to Việt Nam News.

Việt Nam maintained its lead in the ASEAN Manufacturing Purchasing Managers’ Index (PMI) rankings, registering another solid improvement in its goods-producing sector in July, the latest survey from Nikkei’s IHS Markit revealed on Wednesday.

With mandatory compliance for shrimp and abalone under the US Seafood Import Monitoring Programme (SIMP) coming into effect in a few more months, Vietnamese processors and exporters of the products need to start preparing data sources now, a US expert has said.