CPTPP tariff cuts may not reduce auto prices

The prices of imported automobiles in the Vietnamese market may not reduce as much as expected after the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) came into effect on Monday, according to the Ministry of Industry and Trade.

Buôn Ma Thuột to organise 7th coffee festival

The seventh Buôn Ma Thuột coffee festival will be held in March in the Central Highlands province of Đắk Lắk with a wide range of activities featuring local specialties, including locally produced coffee beans.

State management must be revamped

The Vietnamese Government has hastened reforms but more renovations in State management are needed to facilitate businesses and effectively manage new business models, Chairman of the Việt Nam Chamber of Commerce and Industry Vũ Tiến Lộc said.

Philippines opens investigation into imported ceramic tiles

The Philippines Department of Trade and Industry (DTI) has initiated a preliminary investigation on the application of safeguard measures on the import of ceramic floor and wall tiles from various countries, including Việt Nam, according to the Trade Remedies Authority of Việt Nam.

BIDV reports 11% increase in 2018 pre-tax profit

The Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) has announced its pre-tax profit in 2018 rose 11 per cent year on year to VNĐ9.62 trillion (US$414 million).

Japanese firms see Việt Nam as top investment destination in Asia

Japanese firms consider Việt Nam the most attractive investment destination in Asia due to the country’s high economic growth, its position as a production hub and its large consumer market, according to a News Network Asia (NNA) survey conducted from November 26 to December 9, 2018.

Đà Nẵng calls for investment to build tram line

The central city of Đà Nẵng has called for investment from Singapore to build a 33km tram line connecting the city and Hội An by 2025, vice chairman of the city’s People’s Committee Đặng Việt Dũng said in a working session with Tan Keng Hwee Seth, Executive Director of Infrastructure Asia (IA) of Singapore.

Plan to improve FDI attraction under discussion

The assessment of Foreign Direct Investment (FDI) attraction must be realistic and systematically in order to tackle shortcomings and meet new domestic and global context, said Deputy Prime Minister Vương Đình Huệ.

Banks expected to maintain good performance in 2019

A majority of credit institutions in the country expect an upward trend in their business in 2019 after gaining good results last year, according to a State Bank of Việt Nam’s survey released late last week.

PV Power shares jump 4%

PetroVietnam Power Corporation (PV Power) shares jumped 4.7 per cent following the company’s debut on the Hồ Chí Minh Stock Exchange (HoSE) on Monday.

Sacombank makes QR code strides

Sacombank and Japan’s JCB International Co., Ltd on Monday (January 14) signed an agreement to deploy the latter’s QR code payment system and launch the Sacombank JCB platinum debit card.

State audit shifts focus on large projects

The State Audit Office of Việt Nam (SAV) will focus on auditing large projects this year with the aim of preventing losses and improving the efficiency of State capital use, General Auditor Hồ Đức Phớc said.

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