Hà Nam pledged to create favourable conditions for production and business at a meeting on Wednesday with more than 200 foreign investors investing in the northern province.

The PetroVietnam Power Corporation (PV Power) will offer 20 per cent of its shares in an initial public offering (IPO) on January 31.

Nguyễn Thành Phong, chairman of HCM City People’s Committee, and Mitazono Satoshi, the Governor of Japan’s Kagoshima prefecture, met on January 16 to discuss ways to enhance cooperation in tourism, food processing and high-tech agriculture.

Hong Kong is expected to continue to be a key springboard for investment in the mainland and as a main port in China’s Belt and Road Initiative.

Fierce public objections about its proposal to impose value-added tax (VAT) on the transfer of land-use rights have forced the Ministry of Finance to shelve the move.
 

Prime Minister Nguyễn Xuân Phúc on Monday promulgated the Decree No 08/2018/NĐ-CP eliminating 675 out of 1,216 business criteria.

Deputy Prime Minister Trịnh Đình Dũng asked the Việt Nam National Coal and Minerals Group (Vinacomin) to focus on labour and environmental safety as it develops a specialised management model. He spoke at the conference held in Hà Nội on Tuesday to sum up Vinacomin’s operations in 2017 and launch tasks for 2018.

From the many cooking oils on a shelf at Co.opmart Đinh Tiên Hoàng supermarket, Nguyễn Thanh Trúc of District 1 has picked a 2l bottle of Co.opmart soya cooking oil.

The State Bank of Việt Nam (SBV) late last week announced its first interest rate cut in the open market operation (OMO) in the past five years.

Vietnamese shares ended Tuesday on a negative note as large-cap stocks were hit by strong selling as investors worried about a draft amendment on the initial margin to be passed by market regulators.

Việt Nam paid US$410 million for imported beef last year due to increasing demand, according to the Ministry of Agriculture and Rural Development.

Việt Nam experienced a relatively stable macroeconomic situation in 2017, in accordance with general global economic trends, but experts warned there will be obstacles to maintaining such momentum in the turbulent environment of 2018, according to a report by the Vietnam Institute for Economic and Policy Research (VEPR).

Five big State-owned corporations will conduct initial public offerings (IPOs) in the first quarter. Market insiders give their forecast on the IPO prospects, market-absorption capacity and impact on the Government’s equitisation process this year.

Prime Minister Nguyễn Xuân Phúc signed a decision to form a working group to boost the formation of a special committee responsible for managing State capital at enterprises.

The Việt Nam Asset Management Company (VAMC) has announced reference interest rates applied in the first quarter of 2018 on bad debts it had purchased.

The Việt Nam Ministry of Industry and Trade and Cambodia Ministry of Commerce on Tuesday began constructing a model border market in Memot District, Tbaung Khmum, Cambodia.

 Việt Nam welcomed Mitsubishi Motors Corporation’s plan to build its second plant in the country, said Deputy Prime Minister Vương Đình Huệ.

Việt Nam has filed a complaint to the World Trade Organisation (WTO) against the United States’ anti-dumping measures on Vietnamese fish export.