Optimistic business trends up in 2018

According to the General Statistics Office (GSO), in the fourth quarter of 2017, 44.8 per cent of firms reported better business performance in Q4 than Q3.

Uber to face tax ultimatum by year end

Authorities are cracking down on Uber B.V. Ltd’s (Uber) shady tax payment in Việt Nam and are determined to see results before the end of the year.

Vietsovpetro eyes 4 million tonnes of oil in 2018

The Việt Nam-Russia Oil and Gas Joint Venture (Vietsovpetro) has set targets for 2018 that include pumping 4 million tonnes of oil and condensate and 126.5 million cubic metres of natural gas. 

Central bank extends forex loan policy

The State Bank of Việt Nam (SBV) has officially extended a policy allowing exporters to take loans in foreign currencies for another year instead of stopping it on December 31 as planned.

Agro, forestry, seafood exports up

The export value of agro, forestry and seafood products reached a record US$36.37 billion this year, a year-on-year increase of 13 per cent, according to the Ministry of Agriculture and Rural Development.

Genco 3 confirms IPO date in February 2018

The Power Generation Corporation 3 (Genco 3) will put more than 267 million shares, accounting for 12.8 per cent of its charter capital, up for sale in its initial public offering (IPO) in February 2018.

Banks push VN-Index to new 10-year high

Việt Nam’s benchmark VN Index rose to a 10-year high on Thursday, boosted by financial stocks that are expected to deliver positive earnings reports for the past quarter and the whole year.

Thaco’s first BMW and MINI cars shipped

The first 55 cars of Trường Hải Automobile Joint Stock Co (Thaco), including 21 BMW-branded cars and 34 MINI-branded cars, have officially shipped to Việt Nam for year-end distribution.

 

Vietnam, Russia sign deal on autos

Russian vehicle makers will set up joint ventures in Việt Nam to manufacture and assemble trucks and cars with 10 seats and above, crossover utility vehicles and several kinds of special-purpose vehicles.

TMV to recall over 8,000 Corolla units

Toyota Motor Vietnam (TMV) is recalling more than 8,000 locally-assembled Corolla units to check and replace the airbag inflator module of the front passenger airbag.

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