Hòa Phát to build post-tensioning steel plant

Hòa Phát Group has decided to invest VNĐ1 trillion (US$43.9 million) in building a high quality post-tensioning steel factory, Vũ Thị Ánh Tuyết, deputy director of Hòa Phát Equipment and Accessory Company Limited, said.

US allows import of VN mangos

The US Department of Agriculture’s Animal and Plant Health Inspection Service (APHIS) has given permission for fresh mango fruit imports from Việt Nam to enter the United States, effective December 29.

Algeria to export dates to VN

Algeria is conducting all the necessary procedures to export dates to Việt Nam. In particular, some Algerian enterprises have found Vietnamese partners to negotiate conditions to distribute this fruit to Việt Nam.

Car imports up in November

Vietnamese businesses spent some US$200 million to import 7,000 completely built-up units (CBUs) in November, according to an estimate of the General Statistics Office (GSO).

Bright outlook for VN-Index in December

November’s uptrend in Việt Nam’s stock market could extend on the back of strong capital inflows from both domestic and foreign investors, analysts say.
 

Fertiliser tax does more good than harm: Experts

Following the implementation of a provisional tax on imported fertilisers, the Ministry of Industry and Trade (MoIT) asked for experts’ opinion on the matter as of late Novermber regarding balance of benefits amongt related parties.

Central bank acts as credit fund goes rogue

The State Bank of Việt Nam (SBV) office in the southern province of Đồng Nai is investigating the delay in repaying principal and interest by the Thái Bình People’s Credit Fund to 82 customers in Biên Hòa City’s Tân Hòa Ward.

Samsung seeks more VN part suppliers

The increasing number of Vietnamese suppliers who provide parts and components to Samsung would not only help Samsung Việt Nam (SEV) reduce its production costs, but also develop the country’s auxiliary industry, according to Kim Dong Hwan, SEV’s deputy general director.

VN, EU to finalise EVFTA

Việt Nam and the European Union (EU) are working to finalise legal and language – related issues in the EU-Việt Nam free trade agreement (EVFTA), prior to the official signing and ratification of the trade deal next year, said Deputy Minister of Industry and Trade Trần Quốc Khánh.

Viet Nam e-commerce growing rapidly

Việt Nam e-commerce, although small, is among the fastest growing globally, according to a report released by Kantar Worldpanel, a global expert in shoppers’ behaviour.

Korean firms eye Việt Nam partners

Executives from 20 companies based in South Korea’s Gyeongsangbuk-do Province met with nearly 90 Vietnamese counterparts in HCM City on December 1 to discuss business opportunities.

Retail sales, services earn $160b

Total revenue from retail sales and services topped US$160 billion during the first 11 months of 2017, surging 10.7 per cent year-on-year, according to the General Statistics Office (GSO).

Stocks advance on oil deal

Shares rose on both local markets on Friday following a deal between OPEC and non-OPEC exporters on extended oil output cuts and expectations for good fourth-quarter earnings reports.

Six auctions in HNX in November

In November, the Hà Nội Stock Exchange (HNX) organised six auctions, collecting a total value of more than VNĐ418 billion (US$18.3 million).

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