Gov’t to allow food importers to self declare

In a policy turnaround, the Government has said it is determined to assist food and beverage importers and producers by reducing inspection times, costs and criteria, opting for businesses to make self declarations instead of being constantly watchdogged by officials.

Bargain hunters rescue VN stocks

Vietnamese shares recouped part of the week’s losses on Friday as the current massive sell-off across the stock market triggered investors to scoop up stocks at bargain prices.

Banks battle Tết ATM overload

As demand for cash withdrawals at ATMs doubles or triples around the Vietnamese Tết holiday, banks are recommending customers use electronic payment or scan their cards at POS machines or use quick response (QR) codes instead of withdrawing cash at ATMs.

VN, India eye greater trade in paper products

Trade in paper between Việt Nam and India is quite low and there is significant potential for growth, a meeting between Indian and Vietnamese paper companies heard in HCM City on February 9.

Genco 3 grieves about IPO outcome

Only 3 per cent of a total of 267 million shares offered in the initial public offering (IPO) of Power Generation Corporation 3 (Genco 3) on Friday were sold successfully, a poor result given the high market expectations before the sale.

Hải Phòng slashes investment paperwork

For two years, the Hải Phòng Chamber of Commerce, Investment and Tourism has played a key part in making the northern port city one of the most attractive destinations in the country.

Many tech firms to expand IT teams

Many tech firms this year are expected to add up to 10-50 per cent more employees to their IT teams as prospects for the country’s IT industry are bright, according to  recruitment companies.

VNA operates Taiwan-CầnThơ flights

Vietnam Airlines will start operating direct flights from Taiwan to CầnThơ and vice versa, said Nguyễn Phúc Điền, head of Vietnam Airlines’ branch in CầnThơ, on Thursday.

Tax departments collect $4.4b in January

Tax collection to the State budget was estimated at VNĐ99.5 trillion (US$4.4 billion) in January, according to a report by the General Department of Taxation.

Head State capital manager named

Prime Minister Nguyễn Xuân Phúc signed a decision on Thursday to appoint Nguyễn Hoàng Anh to the post of chairman of the special committee to manage State capital at enterprises.

SeABank general director resigns

Nguyễn Cảnh Vinh stopped assuming the position of general director of Southeast Asia Joint Stock Commercial Bank (SeABank) from February 8.

VNDirect to sell 50.3mn shares

The State Securities Commission has granted registration certificate on public offering of shares to VNDirect Securities Corporation (VND).

National Tourism Year will spur Việt Nam’s growth

iệt Nam’s economic growth hit a 10-year high of 6.8 per cent in 2017, cementing the country’s status as an investment hotspot. But while we expect growth to remain robust in the years to 2022, replicating last year’s pace is unlikely amid a Chinese slowdown and the difficulties of sustaining the surge in credit growth of recent quarters.

HCMC gets new specialty market

Nearly 1,000 “clean” agricultural and other speciality products and consumers goods are on display at the Green Market– Tết Consumer Products fair, which opened on February 8 at the Phú Thọ Stadium  in HCM City’s District 11.

NEWS FROM MEDIA-OUTREACH

E-paper