The HCM City’s District 1 Tax Department has sent instructions to banks to seize VNĐ148 billion (US$6.46 billion) from Nguyen Kim Joint-Stock Company for back taxes and fines the company owes.
Growing foreign direct investment and a move up the value chain mean Việt Nam’s industrial real estate sector has a bright future, according to property consultant Savills Vietnam.
A host of investment opportunities awaits developers in HCM City where authorities plan to develop underground spaces.
Vietnamese customers’ rapidly changing needs and expectations and lower spending on fast moving consumer goods are the biggest challenges to FMCG producers, according to a new report released by consumer and retail research company Kantar Worldpanel.
A visiting delegation of 30 executives from Indian leather companies have met with their Vietnamese counterparts in HCM City.
To sell their products to foreign distribution channels, Vietnamese businesses need to pay more attention to product design, quality assurance and after-sales services, speakers said at a training workshop held in HCM City yesterday.
Information-telecommunication-technology group FPT Corporation (FPT) has acquired 90 per cent of the US-based tech advisory firm Intellinet Consulting (Intellinet).
High-tech agricultural methods used in the Cửu Long (Mekong) Delta will require highly skilled human resources to take full advantage of cutting-edge technologies, speakers said on July 13 at a seminar held in Cần Thơ.
Amid narrowing credit sources and rising lending interest rates, property developers have been diversifying their capital mobilisation channels, including calling for foreign investment.
Vietnamese shares remained positive on Friday as investors hunted banking-financial stocks on expectations for good second-quarter earnings reports.
The Ministry of Industry and Trade on Friday announced the conclusions of its investigation of Mumuso Việt Nam Company Limited, saying that 99.3 per cent of its goods were imported from China.
To ultilise opportunities brought by the fourth industrial revolution (Industry 4.0) and limit unwanted effects, Vietnamese Prime Minister Nguyễn Xuân Phúc said the Government would build long-term orientations and install specific policies.
Authorities in the northern province of Bắc Ninh licenced 92 new foreign-funded projects worth US$206.58 million in the first half of 2018, up 3.29 per cent over the same period last year.
Việt Nam is positioned to take advantage of the growing opportunities presented by the sharing economy, said Rebecca Bryant, Australian Embassy Charge D’Affaire at the conference on the sharing economy held in Hà Nội on Thursday.
Commercial banks’ liquidity was good in the first half of this year thanks to the State Bank of Việt Nam’s (SBV) net injection of nearly VNĐ210 trillion (US$9.17 billion), the latest report from the National Financial Supervisory Commission showed.
New preferential policies have encouraged both local and international firms to invest in renewable energy, according to authorities.
Many foreign giants have invested in Việt Nam’s leading e-commerce platforms even as they incur big losses, as they continue to see the long-term potential of the country’s rapidly expanding online shopping sector.
Links between farmers and enterprises are weak in the southern province of Tây Ninh, making it difficult to add value to local farm produce, according to its Department of Agriculture and Rural Development.