Việt Nam News

Prime Minister Nguyễn Xuân Phúc requires ministries, sectors and localities to reform their institutions, simplify administrative procedures, cut costs, cut costs and remove barriers to export.

The Ministry of Industry and Trade (MoIT) will hold bids on the right to use duty quota to import 94,000 tonnes of sugar this year.

Investors in solar energy projects are racing to begin operations before June 30, 2019, to qualify for incentives offered by the Government.

Việt Nam will become a key market for luxury watches, according the CEO of Swiss watchmaker Hublot.

More than VNĐ68 trillion (over US$2.9 billion) is expected to be spent on media advertising by companies in Việt Nam, with fast-moving consumer goods (FMCG) manufacturers to make up the bulk of the spending. 

More and more Vietnamese companies are taking the initiative by showcasing their products overseas.

About 90 per cent of social insurance funds are currently invested in government bonds (G-bonds), Đào Việt Ánh, deputy general director of Việt Nam Social Security (VSS) said at a seminar last week.

Vietnamese shares ended lower on Tuesday as investors showed caution over possibilities of a strong market’s correction after it had failed to beat the 1,000-point landmark

SSI Web Trading, an online trading service from Saigon Securities, has upgraded its online stock board and updated two more conditional orders for derivative trading.

The Ministry of Finance has proposed an increase in the registration fees for pickup trucks and vans with carriage capacities of less than 1,500kg and fewer than five seats in order to ensure fairness for cars with fewer than nine seats.

The average export price of Vietnamese pepper fell by 62 per cent year-on-year in the first eight months of 2018 to around US$3,330 per tonne following a dip in the global market, according to the Ministry of Agriculture and Rural Development.

Việt Nam continued to lead the ASEAN Manufacturing Purchasing Managers Index (PMI) rankings in August, despite a slower improvement in its goods-producing sector, Nikkei’s IHS Markit reported on Tuesday.

Authorities in the central province of Hà Tĩnh have withdrawn the investment licences from six delayed projects in the Vũng Áng Economic Zone.

The Bank for Investment and Development of Việt Nam (BIDV) has recently issued 7-year and 12 year-bonds worth a total of VNĐ580 billion (US$24.68 million) to increase capital.

Việt Nam imported more than 8.6 million tonnes of oil and petroleum products worth US$5.71 billion in the first eight months of this year, a year-on-year increase of 26.4 per cent.

Việt Nam spent more than US$2 billion on importing cotton in the first eight months of 2018 – the biggest amount ever spent by the garment and textile sector.

Businesses will have to show certificates of conformity when they conduct customs procedures to import auto tyres into Việt Nam.

Many provinces and cities have licensed projects worth billions of US dollars through their investment forums this year. But experts say the key issue remains how to push these projects from the planning to the action stage.