SMEs pick up short end of supermarket stick

As one of the country’s few reliable, medium-term distribution channels, competitions to nab a spot on the supermarkets’ shelf among Vietnamese consumables manufacturers are fierce game, while these distributors consider it fair fight.

VN trade surplus $2.7b in 2017

Việt Nam maintained a trade surplus of about US$2.7 billion this year, the same figure as 2016, according to the General Statistics Office (GSO).

Bidders to publicise contracts

To improve openness and transparency, the Ministry of Planning and Investment, MPI, has asked contractors to make their bids accessible to the public on the National Procurement Network (NPN).

Take advantage of FDI, don’t rely on it

We have been through more than 30 years of Đổi mới (Renewal) and it almost as many years since the Law on Foreign Direct Investment (FDI) was issued. Since then, the FDI sector has affirmed the major role it plays in the Vietnamese economy.

Farmers prepare special food for Tết

Farmers and food producers in the Cửu Long (Mekong) Delta are busy preparing speciality fruits and foods to meet burgeoning demand for the Tết (Lunar New Year) holiday, which begins on February 16.

Value of smuggled goods surges

Nearly 15,200 cases of smuggling and trade fraud have been uncovered in 2017, a decrease of 1.97 per cent from 2016, the General Department of Việt Nam Customs (GDC) reported Thursday at a press conference held in Hà Nội.

Top 10 ICT events in 2017

The Việt Nam ICT Press Club announced the top 10 ICT events in 2017 on Thursday. This is the result voted for by more than 50 journalists in the information technology sector, from some 40 media agencies nationwide.

HCMC targets 10% growth in retail sales, export revenue

The industry and trade sector in HCM City is targeting a growth rate of 8-8.5 per cent in the industrial production index (IPI) and 10 per cent growth in the total retail sales of goods and services for 2018, according to the HCM City Department of Industry and Trade.

EVN to pay tax arrears of VND1.9 trillion

The Ministry of Finance (MoF) is demanding more than VNĐ1.9 trillion (US$85 million) in tax arrears from Electricity of Việt Nam (EVN) after uncovering that the group had failed to declare its costs accurately.

VN Index ends 2017 at 10-year high

Vietnamese shares ended on a positive note on Friday as large-cap stocks remained positive and banks continued to draw investors’ attention for full-year earnings prospects.

Optimistic business trends up in 2018

According to the General Statistics Office (GSO), in the fourth quarter of 2017, 44.8 per cent of firms reported better business performance in Q4 than Q3.

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