The Vietnamese Ministry of Finance (MoF) on Wednesday said Moody's Investors Service’s decision to confirm Việt Nam’s rating at Ba3 but change the outlook to negative was inapt, given it is grounded on an isolated incidence and does not adequately recognise the Vietnamese Government’s instituted policies and procedures to ensure smooth and timely debt repayment on government guaranteed borrowings.
The Vietnam Administration of Forestry (VNFOREST) is drafting a decree of Vietnam Timber Legality Assurance and Agreement (VNTLAS), which is seen as a key tool to prevent illegal timber products. Deputy Director General of VNFOREST Phạm Văn Điển spoke with Việt Nam News reporter Thu Giang about the importance of this decree.
One of the stops was telecoms firm Mytel, a joint venture between the Viettel Military Industry and Telecoms Group and two local partners.
HCM City’s ornamental fish breeding industry is seeking to expand its overseas markets.
According to Vietnam Customs, total tax collection of the sector has so far reached VNĐ335.6 trillion (US$14.5 billion), an 11.6 per cent year-on-year increase and exceeding the target of the finance ministry.
The US’s imposition of duties of up to 456 per cent on certain steel products shipped from Việt Nam would not significantly harm the country’s steel industry, according to industry insiders.
Prime Minister Nguyễn Xuân Phúc has called on young entrepreneurs to make greater efforts to develop big firms and global brands, contributing to turning Việt Nam into a strong country.
Việt Nam needs to increase punishments to deter counterfeiting and infringement of intellectual property rights.
The dividend payout rate was 9 per cent. Every shareholder received VNĐ900 for each share they have.
Vietnamese shares extended losses for a fourth straight trading day as investors remained pessimistic about the market’s short-term outlook.
Kiên Long Bank has become the eighth bank to clear all bad debts they had previously sold to the Việt Nam Asset Management Company (VAMC) before the maturity date, VAMC announced on Tuesday.
The Hồ Chí Minh City Development Joint Stock Commercial Bank, HDBank, on December 18 opened a representative office in Myanmar and signed a comprehensive co-operation agreement with Viettel Global Investment JSC, which are expected to help promote economic growth, trade and investment.
Orange lovers will be able to indulge in the Nghệ An Orange and Specialties Week, which opened on Tuesday evening at the Big C Thăng Long supermarket in Hà Nội.
Vingroup, Việt Nam’s largest private firm by market value, has given up control of its retail unit as it wants to concentrate on the technology and industrial sectors.
Counterfeit goods have always been a major concern in Việt Nam. Whether it's fashion items, electronic equipment, or even medicine, the problem of authenticity is often an issue.
The inaugural flight between Việt Nam and Christchurch via Singapore took off earlier this month, marking the start of its five times weekly seasonal service, which will operate until February 22, 2020.
Japan has officially opened its doors to the import of Vietnamese lychee.
Việt Nam’s stock market has grown modestly this year but shrinking inflows has made new listings less buoyant than expected.
