Việt Nam News

The Government has asked Vietnam National Shipping Lines (Vinalines) to take measures to manage its finances so as to improve operations and business in the coming years.

The Prime Minister recently ratified a project to stimulate non-cash transactions in 2016-20 with a view to reducing the cash transactions rate to under 10 per cent.

The benchmark VN-Index has ended its winning run of nine consecutive weeks under heavy profit-taking selling pressures. Also, the market is forecast to remain volatile due to ongoing portfolio restructuring of exchange-traded funds.

A list of best and worst legal regulations of 2016 compiled by the Việt Nam Chamber of Commerce and Industry (VCCI) has been received by relevant ministries with varying degrees of acknowledgement and skepticism.

The Government Inspectorate of Việt Nam has revealed that mismanagement in tax collection between 2012 and 2014 caused mounting arrears and losses of trillions of đồng to the State exchequer.

The term “inclusive economy” was used for the first time at APEC 2017 to highlight the roles of micro, small and medium enterprises (MSMEs). Việt Nam News reporter Nguyễn Khánh Chi spoke on this development and its implications with some delegates on the sidelines of the first Senior Officials’ Meeting (SOM 1) in Nha Trang City.

Shares rebounded yesterday on the two exchanges after declining for three days, with new cash flows flooding the market.

The deputy governor of the State Bank of Việt Nam (SBV), Nguyễn Kim Anh, noted at a conference on information security in the banking sector on Wednesday that the Vietnamese banking system has always prioritised investment in resources for IT infrastructure security.

Viettel was the only Vietnamese company to attend the Mobile World Congress (MWC) in Barcelona, Spain from February 27 through Thursday.

This year’s Vietnamese High-Quality Goods Awards were granted to 592 local businesses at a ceremony held in HCM City on Thursday.

The agriculture and rural development sector witnessed a year-on-year increase of 1.4 per cent in export value of agricultural, forestry and fishery products to US$4.3 billion in the first two months of 2017.

Winning consumers’ trust and developing a business reputation is one of the major challenges toward online business development, experts said at the Việt Nam Online Business Forum – VOBF 2017 in HCM City yesterday.

Deputy Prime Minister and Minister of Foreign Affairs Phạm Bình Minh yesterday praised the European Chamber of Commerce (EuroCham) for being a bridge between the Government and the European business community.

Enterprises must adopt new business models and create value beyond the expectations of customers to succeed in today’s competitive, fast-changing environment, delegates said at a forum held in HCM City on Thursday.

Deputy Prime Minister Vương Đình Huệ requested ministries, departments and local authorities to hold responsible state enterprises and business managers who violated the regulations on information disclosure.

The European Chamber of Commerce in Việt Nam’s Nutritional Foods Group (NFG) recommended that the Government remove the price ceiling on milk products for children under six years.

A branch of the Bank for Foreign Trade of Việt Nam (Vietcombank) in the northern province of Bắc Giang has committed to set aside a credit package to support startups.

Bắc Ninh Province on Thursday gave the go-ahead to a US$100 million project by South Korean firm Hanwha Techwin Security Company.