Oversight key to SOE reform

Strengthening financial supervision of State-owned enterprises (SOEs) is key to improving their performance and enhancing the efficiency of State investments, experts said yesterday.

World trade pact to benefit VN

Implementation of the WTO Trade Facilitation Agreement (TFA) will help reduce about 20 per cent of business expenses as well as promote investment and create more jobs for Vietnamese.

Top Thai expo organisers to come to Hà Nội

Ten leading Thai exhibition organisers will come to Hà Nội for a business-to-business forum to meet Vietnamese enterprises, trade promotion organisations and associations on December 2.

Shares down for four sessions

Shares tumbled again on the two local exchanges yesterday as foreign investors continued offloading local assets, putting pressure on market sentiment, and pessimism on an OPEC deal pulled energy sector down.

E5 bio-fuel to replace A92 petrol

E5 bio-fuel will replace A92 petrol by June 2017 as many localities in the country are using the bio-fuel product, the Ministry of Industry and Trade (MoIT) said.

VN tourism record: 25.4% increase

More than nine million foreigners visited Việt Nam between January and November, up 25.4 per cent compared to the same period in 2015, the General Statistics Office (GSO) has revealed.

Fellowships awarded to female scientists

Five Vietnamese female scientists have won scholarships worth VNĐ150 million (US$6,690 USD) each under the L’Oreal-UNESCO For Women in Science programme which was announced yesterday in Hà Nội.

Hà Nội to promote itself to business on CNN

Hà Nội would use some US$1 million annually for business promotion on the American television network CNN over the next two years, municipal People’s Committee Chairman Nguyễn Đức Chung told the press on Monday.

SCIC sets opening price for Vinamilk shares

The State Capital Investment Corporation (SCIC) announced its final price for 9 per cent of shares in the Vietnam Dairy Products Joint Stock Company (Vinamilk) at VND144,000 per share (US$6.32).

Sabeco to trade on HOSE on December 6

The HCM Stock Exchange (HOSE) has approved the listing of Việt Nam’s largest brewer Sài Gòn Beer, Alcohol and Beverage Corporation (Sabeco) at a starting price of VNĐ110,000 per share (US$4.89).

Tân Cảng-Cái Mép port handles 1 millionth TEU

The year will go down in the history of the Tân Cảng-Cái Mép International Terminal (TCIT) as the port handled its one millionth TEU (twenty-foot equivalent unit) for 2016, following six years of operation.

Việt Nam wins ASEAN ICT awards

Viettel’s Customer Insights software took a bronze medal in the Research and Development category at the ASEAN ICT Awards 2016 held in Brunei on November 25.

SSC receives a 2nd-class Independence Order

The Finance Ministry’s State Securities Commission (SSC) was awarded the Independence Order, second class, during a ceremony yesterday on the 20th anniversary of its foundation.

Nov CPI up 0.48 per cent

Consumer Price Index (CPI) in November 2016 rose significantly by 0.48 per cent compared to October and by 4.52 per cent compared to the same period last year due to price increase in the food and beverage sector, according to the General Statistics Office of Vietnam (GSO).

New credit card rules

Credit card service providers will have to compensate card owners for any probable loss not caused by the owners, starting November 28, 2016.

Finance ministry steps up customs, tax reforms

The deputy minister of finance urged the general departments of customs and taxation to further administrative reform efforts to facilitate businesses, which still have several questions about tax and customs procedures.

Shares sink on foreign sells

Shares sank for a third day on the two national stock exchanges yesterday as foreign investors continued to offload local shares, raising concerns about a capital flight from the market.

PVN opens lab to analyse domestic fuel

The Việt Nam National Oil and Gas Group (PVN) has opened a laboratory to analyse domestically produced fuel, and an office for Việt Nam Petroleum Institute (VPI) in HCM City.

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