Việt Nam News

Viet Nam’s economy maintained impressive growth in the second quarter this year, but risks are becoming more apparent, especially threats on the exchange rate and interest rate.

Around 20 companies have shifted their listings among the stock exchanges since the beginning of this year, over half of which moved back to the Unlisted Public Company Market (UPCoM) due to prolonged losses.

Việt Nam News reporter speaks to Trần Thanh Hải, deputy director of the Import-Export Department under the Ministry of Industry and Trade and Thân Đức Việt, deputy general director of Garment 10 Corporation Joint Stock Company (Garco 10) about the development of the textile and apparel industry.

Four more provinces have adopted the National Single Window for clearance of import-export goods at all their ports in compliance with a decision issued in 2016 by the Prime Minister to expand the mechanism to all ports in the country.

Crude oil output reached 7.1 million tonnes in the first six months of this year and in doing so hit 54.3 per cent of the annual target.

Kiên Giang Province will focus on improving exports by increasing product quality, and holding more promotion and networking events for Vietnamese firms, according to the provincial Department of Industry and Trade.

A large-scale sell-off sank Vietnamese shares on Wednesday after China-US trade tensions increased and dampened investor confidence in the world’s economic prospects.

A wide variety of shoe making and tanning machinery and technologies, chemicals, leather and other materials, shoe components and accessories, and finished products are on display at the 20^th International Shoes and Leather Exhibition that opened in HCM City on July 11.

The Vân Đồn International Airport received the first flight at 10 am on July 11 to prepare for official operation of the airport in December.

Vietnam Young Spikes, a marketing and communication competition for companies and students, returns to Việt Nam with the theme "Glorify Vietnam" this year.

HCM City-based electronics retailer Nguyễn Kim has been asked to pay nearly VNĐ150 billion (US$6.42 million) in fines and tax arrears after it was found to have been improperly manipulating the amount of personal income tax its employees had to pay over the past 10 years.

Deputy Prime Minister Trịnh Đình Dũng on Monday signed a decision to approve the establishment of Bamboo Airways, after receiving the proposal of the Ministry of Planning and Investment (MPI) and the consensus of relevant ministries.

A new regulation that stipulates telecommunication firms may only provide discounts for prepaid subscribers of up to 20 per cent has major problems and fails to uphold market economic principles, said Trần Mạnh Hùng, chairman of VNPT’s director board.

In the early days of July, many listed companies have reported positive earnings for the first half of this year. Most are leading companies in their industries.

The changes in tax policy and investment incentives are the issues of greatest concern for foreign investors in Việt Nam, said Bùi Ngọc Tuấn, deputy general director of the Audit and Advisory firm Deloitte Việt Nam at a workshop on Tuesday in Hà Nội.

The HCM City customs department informed South Korean firms about new trade regulations and resolved problems faced by the latter in carrying out customs procedures at a dialogue held on Tuesday.

The ongoing US-China trade war will greatly impact the structure of the world economy in the future, causing damage but also generating indirect opportunities for countries where the economy relies heavily on agricultural production like Việt Nam.

The Department of Farm Produce Processing and Market Development has forecast that pepper prices will struggle to recover in July and the rest of the year.