Việt Nam News

Food producer KIDO Group (KDC) will invest in producing and trading sugar in the Vietnamese market.

Airports Corporation of Vietnam (ACV) plans to sell 20 per cent stake, equivalent to VNĐ4.35 trillion (US$194.77 million), to foreign and domestic investors through open auction in 2018.

Northern Hải Phòng port city will reduce fees by 20 per cent for using infrastructure, service facilities and public utilities at its ports from the beginning of 2018.

The Ministry of Finance and Vietnam Customs officially put the Vietnam Automated System for Seaport Customs Management (VASSCM) into operation in northern port Hai Phong City on December 11.

The Ministry of Industry and Trade has transferred documents of the Khaisilk scandal to the police for investigation after it discovered signs of criminal violations.

Việt Nam commits to the multilateral trading system and is ready to cooperate with other World Trade Organisation (WTO) members on WTO issues. This affirmation was made by Deputy Minister of Industry and Trade, Trần Quốc Khánh, while speaking at the plenary session of the 11th WTO Ministerial Conference, taking place in Argentina on December 11.

The Competition and Consumer Protection Department under the Ministry of Industry and Trade has given the go-ahead for the merger and acquisition (M&A) deal between the two largest local electronic retailers – Thế Giới Di Động (Mobile World) and Trần Anh Digital World.

Expo-Russia Vietnam 2017's second edition is scheduled to take place at Melia Hanoi from December 13 to 15.

Many high-tech projects have recently received licences in the country.

The Vietnamese coffee industry has great potential to develop considering the size of the global market and the country’s small share in it, according to the Ministry of Agricultural and Rural Development.

Three big companies under the Việt Nam National Oil and Gas Group (PetroVietnam) will implement initial public offering (IPO) in the next three months, according to their equitisation plans approved by Deputy Prime Minister Vương Đình Huệ late last week.

Despite facing difficulties, the garment and textile sector is expected to export products worth US$31 billion this year, a year-on-year increase of 10.2 per cent, and the outlook is bright for next year too, the Việt Nam Textile and Apparel Association (VITAS) has said.

Despite natural disasters and market regression, for the past 11 months, Việt Nam’s agricultural sector has reached a total agriculture, forestry and aquaculture export turnover of US$33.14 billion, though food management still has room for improvement.

The World Bank (WB) yesterday released its bi-annual report on Việt Nam’s economy, lifting its forecast for Việt Nam’s 2017 Gross Domestic Product (GDP) growth to 6.7 per cent, from the rate of 6.3 per cent it predicted in July.

Vietnamese shares plunged on Monday as investors turned cautious before exchange-traded funds (ETFs) started restructuring their portfolios. A lack of information during the year-end period also had an impact on confidence.

A few days after hitting the market, the new iPhone X is now out of stock, according to traders.

The Việt Nam National Oil and Gas Group (PetroVietnam) surpassed its set business targets in the first 11 months of the year, the group said.

The General Department of Taxation (GDT) on December 11 began the provision of electronic tax (eTax) services to all enterprises in the northern provinces of Bắc Ninh and Phú Thọ.