The northern province of Bắc Giang plans plans to pour VNĐ1.5 trillion (US$66 million) in the development of high-technology agriculture areas to promote the locality’s key products such as vegetables, flower, mushroom, tea, lychee, citrus, chicken and pigs.
Domestic steel consumption in the first seven months of 2017 rose 14.5 per cent from the same period last year to 5.14 million tonnes, the Việt Nam Steel Association (VSA) said.
Việt Nam and Cambodia share several economic characteristics, but Việt Nam’s larger, more diverse economy has the greater capacity to absorb shocks, said a Moody’s report released on Tuesday.
Minh Phú Seafood Corporation (MPC) recorded a post-tax profit of VNĐ101.4 billion (US$4.54 million) in the second quarter of this year, 34 times higher than the same period last year and the highest level in the last eight quarters, online newspaper Infonet.vn reported.
PetroVietnam Power Corporation (PV Power), the country’s second-biggest power provider, will offer 20 per cent of its total shares for sale at an initial public offering (IPO) in December.
Enterprises with foreign-owned capital (even one per cent) need to register distribution rights before trading goods purchased from other Vietnamese organisations or imported into the country.
Shares declined on Tuesday after a brief recovery in the previous session when a number of heavyweight shares sank into the red on fragile investor confidence.
The two-day event will showcase medical equipment, health care products, pharmaceuticals, food supplements, cosmetics, processing equipment and dental facilities, among others.
The Đình Vũ Polyester Fibre Plant is scheduled to restart production soon after a prolonged suspension of operations.
The Ministry of Finance has proposed that the Government apply a special consumption tax on pickups to be set at 60 per cent of the tax on cars with nine seats or less with similar engine displacement, a move that would sharply increase their cost.
According to Government-issued Decree 94/2017/NĐ-CP, to take effect from October 1 this year, up to 20 types of public goods will be traded and monitored solely under State monopoly with clear direction from the Prime Minister’s Office.
The Mekong Enterprise Fund III under Mekong Capital has invested US$4.9 million in YOLA Education JSC (YOLA) for a minority stake.
Turkey’s General Directorate for Imports has issued a notice on applying temporary anti-tax avoidance measures on Partially Oriented Yarn (POY) imported from China, India, Malaysia, Indonesia, Taiwan, Thailand and Việt Nam, according to the Việt Nam Competition Authority.
Samsung Việt Nam announced on Tuesday the top 10 contestants from Việt Nam who would participate in the final round of the Samsung Collegiate Programming Cup (SCPC) 2017 in South Korea on August 17.
The Mekong Delta is thought to have a number of specialities that can be exported, but the authorities have not paid enough attention to them.
The southern province of Trà Vinh on Tuesday launched an e-commerce website at http://travinhtrade.vn.
The Ministry of Finance has appointed Lê Hải Trà as new acting chairman of the Hồ Chí Minh Stock Exchange (HoSE), starting August 14.
The People’s Committee of the southern province of Trà Vinh has granted a licence to the Đông Đô Southern Construction and Investment Joint Stock Company to build the Cổ Chiên Industrial Zone.
Algeria is now Vietnam’s second largest importer in Africa, after South Africa.
According to the National Financial Supervisory Commission, many supporting factors in both the domestic and international markets could help an interest rate cut until the year-end.
Source: Cushman & Wakefield Research)
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