Việt Nam News

The General Department of Customs has just asked its officials to strengthen checks on imported steel products after a series of reports on steel firms submitting incorrect declarations about product codes.

The International Finance Corporation (IFC), the private equity arm of World Bank group, has sanctioned an additional US$80 million credit package to Việt Nam Prosperity Bank (VPBank).

The southern Bình Dương Province’s People’s Committee on Wednesday granted investment certificates to 21 projects worth US$1.3 billion, the first batch of projects to receive the go-ahead this year.

Products of Việt Nam’s Bình Điền Fertiliser Joint Stock Company (BFC) have contributed to modernising Cambodia’s agriculture, Cambodian Deputy Prime Minister Men Sam An said.

The Việt Nam Asset Management Company (VAMC) has proposed to raise its current charter capital from VNĐ2 trillion (US$87.6 million) to VNĐ10 trillion by 2020.

One of the government policies on the management, provision and use of internet services and online information, under Decree No 72/2013/NĐ-CP dated July 15, 2013, states that only information in accordance with Vietnamese laws may be transmitted to internet users within Việt Nam, even if it is cross-border transmission.

Investor flight from build-operate-transfer (BOT) traffic projects is triggering worries that the Government must rethink how to promote private investments in BOT infrastructure projects, experts said.

Singapore-based Keppel Land, through its subsidiary Krystal Investment Pte Ltd, has spent almost VNĐ846 billion (US$37.1 million) to acquire an additional 16 per cent stake in Keppel Land WATCO I to V, the joint venture entities to develop the mixed-use Saigon Centre complex in HCM City.

Vietnamese shares remained upbeat on Tuesday, driven by banks and food and beverage producers.

 The Vietnamese legal framework and policies regarding transparency in the mining sector is "fairly comprehensive", however, implementation of such policies leaves a lot to be desired, according to a study by the Việt Nam Chamber of Commerce and Industry (VCCI).

Quảng Ninh Province has permitted the FLC Group to study to invest in the high-end entertainment and services complex in Vân Đồn Special Economic Zone.

Deputy Prime Minister Vương Đình Huệ welcomed Israeli President Reuven Rivlin at a joint business forum yesterday to advocate mutual economic, trade and investment relations between the two nations as part of Rivlin’s state visit to Việt Nam.

More organizations are offering new financial products and services that are changing the form and nature of the market and are shaping the future of financial inclusion.

Việt Nam’s packaging industry continues to expand, driven by growing demand for food and beverages processed and packaged in a modern way, according to experts.

The retail price of petrol fell VNĐ708 to reach VNĐ17,314 (US77 cents) per litre at 3pm on Tuesday. 

The Government's Small and Medium Enterprise Development Foundation (SMEDF) will receive applications for the first stage of the programme on financial support for small- and medium-sized enterprises (SMEs) until the end of this month.

For the first time, two Vietnamese - Vingroup chairman Phạm Nhật Vượng and Sovico Holdings chairwoman Nguyễn Thị Phương Thảo - have featured in the Forbes’s 2017 world’s billionaires list.

Phú Yên Province’s People’s Committee has asked the Australian Golden Turf Club Pty Ltd to accelerate the construction process of the US$100 million racecourse in the south-central province.