Việt Nam News

The Ministry of Resources and Environment early this week issued a circular suspending a regulation that required each family to include information about every member in their certificate of land use rights, or red book, instead of only the head of household.

The State Capital Investment Corporation (SCIC) collected VNĐ137 billion (US$6 million) after auctioning 5.35 million shares of Việt Nam Construction and Import-Export Joint Stock Corporation (Vinaconex) on the Hà Nội Stock Exchange on December 8.

Shares bounced back slightly on Friday on the HCM Stock Exchange but slipped on the Hà Nội bourse, affected by the somber result of the State Capital Investment Corporation’s (SCIC) divestment from Vinaconex.

Việt Nam saw a trade deficit of US$2.76 billion in the first 11 months of this year, equivalent to 1.4 per cent of the total export turnover, statistics from the Ministry of Industry and Trade (MoIT) revealed.

The LED light market is expected to grow by 25 per cent a year for the next three years to US$854 million, according to the Việt Nam Lighting Association.

Deputy Prime Minister Trịnh Đình Dũng yesterday inaugurated the first made-in-Việt Nam bus factory in Quảng Nam Province.

The LED light market is expected to grow by 25 per cent a year for the next three years to US$854 million, according to the Việt Nam Lighting Association.

Bình Sơn Refining and Petrochemical Co Ltd (BSR) on Friday signed crude oil supply agreements with two trading companies in Singapore – Glencore Singapore and Socar Trading SA – to supply the Dung Quất refinery for the 2018-25 period.

The central province of Khánh Hòa on December 7 approved a resolution establishing the Bắc Vân Phong special administrative economic unit.

Đà Nẵng International Airport provides the best quality of services among the three international airports in Việt Nam.

Việt Nam’s tra fish exports to Spain see no sign of recovery following inaccurate news broadcast by Spanish media early this year, the Vietnam Association of Seafood Producers and Exporters (VASEP) said.

CMC Telecom on Thursday in Hà Nội officially inaugurated its Cross Việt Nam Cable System (CVCS), which is the only system in Việt Nam directly connecting the Southeast-Asia grid.

RoK Ambassador Lee Hyuk is optimistic about co-operation between Việt Nam and Republic of Korea.

 More farmland should be devoted to cultivation of fruit, especially key exports, experts said at a conference held in the Mekong Delta province of Tiền Giang on Tuesday.

A buyer-seller conference to link businesses in HCM City with those in other cities and provinces will be held in the city from December 8 to 10.

Shares tumbled for a third straight day on the HCM Stock Exchange on Thursday but rose on Hà Nội’s bourse as money inflow channeled into small- and mid-cap stocks.

Experts have urged simplifying the procedures to receive refunds on value-added tax (VAT) for foreign tourists.

Although foreign direct investment (FDI) has played an important role in boosting Việt Nam’s economic growth, recent changes in policies and regulations, which are not consistent with international best practices, have exposed many foreign investors to considerable risks and obstacles in executing their investments.