Current amount of rice leftover from domestic businesses is now about 1.2 million tonnes, according to the Vietnam Food Association (VFA) and the Ministry of Industry and Trade’s statistics (MoIT) at the end of October, 2016, due to excess supply over demand.
Prime Minister Nguyễn Xuân Phúc met with Governor of Japan’s Mie prefecture Eikei Suzuki on November 14, saying he wanted Mie to invest in the industries it has advantages in such as cargo machinery, electronics and chemical production in Việt Nam.
Bilateral trade between Việt Nam and South Korea is expected to reach US$70 billion by 2020 due to the Việt Nam – South Korea Free Trade Agreement (VKFTA) which came into effect one year ago.
A series of co-operation opportunities have been offered to dozens of enterprises from HCM City and Japan’s Oita City.
The State Bank of Việt Nam (SBV) is drafting a new circular on foreign currency lending.
The textile and garment sector will continue facing challenges in 2017 due to fierce competition by other major exporters--including China, India, Bangladesh and Pakistan--while global demand is forecasted to slow down.
The Ministry of Industry and Trade has not yet completed talks to sell its ownership in the Hà Nội Beer, Alcohol and Beverage Corporation (Habeco) to the Danish brewer Carlsberg, according to officials.
Việt Nam is likely to see increasing investment from Singapore, Malaysia, Thailand and other neigboring countries in the next five years, according to a survey conducted by United Overseas Bank Limited (UOB).
Local shares declined yesterday on the two national stock exchanges as foreign investors increased selling caused by uncertainty on the fate of the Trans-Pacific Partnership (TPP).
HCM City has exported 12.6 million ornamental fish in the first 10 months of the year, 14.3 percent higher than in the same period last year, the Department of Agriculture and Rural Development said.
Vietnam National Oil and Gas Group, or PetroVietnam, has proposed to add the construction of the Nhơn Trạch 3 and 4 thermal power plants to plans for national electricity development.
The interest rates on medium- and long-term loans to the property sector have recently increased by 1-1.5 percentage points.
Việt Nam’s Competition Authority has revoked the licences of 14 multi-level marketing firms and forced 11 others to halt business until November, Viet Nam News Agency reported.
The Hà Nội Stock Exchange has honoured the top 30 listed companies recognised as being most transparent in the 2015-16 period.
Beverage company from US, Starbucks Việt Nam, has recently announced to increase its store in the country to 23 this month.
Deputy Prime Minister Vũ Đức Đam has urged ministries and sectors to conduct specific activities to carry out the Government’s policies to encourage business startups.
Việt Nam will continue its reform to improve business and investment environment to support enterprises and negotiate other agreement whether US president-elect Donald Trump thwarts the Trans-Pacific Partnership (TPP) or not, according to the Minister of Trade and Industry Trần Tuân Anh.
Construction began last week of the final phase of VinaCapital’s Nine South estates project in HCM City.
Sun Life Financial Inc (Sun Life) late last week announced the completion of the acquisition of the remaining 25 per cent charter capital of PVI Sun Life Insurance Company Limited (PVI Sun Life) from PVI Holdings following receipt of regulatory approval.
Vietnamese shares moved sideways this week as investors kept a cautious stance on uncertainty of the new US president’s policies, and they could seek short-term profits in speculative stocks that made significant gains last week.
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, joined HKCSS management for a group photo.
From left：
Hon Grace CHAN Man-yee, Chief Executive Of HKCSS
Mr. CHAN Tsz Ming, Director, Analysts at Level 1, Department of Social Affairs, Lia)
