Japanese chafe at VN food regs

Representatives of Japanese enterprises met this week with Vietnamese officials to complain about difficulties in food imports.

Gold up, dollar down in unusual VN reaction

The Federal Reserve’s decision on Wednesday to increase interest rates by 0.25 percentage points - to what is now between 0.75 to 1 per cent - has pushed down the Việt Namese đồng-US dollar exchange rate and elevated domestic gold prices in accordance with global market movements.

Việt Nam slams Australia’s prawn ban

The Vietnamese Government has accused Australia of "causing serious damage" to its prawn farmers and exporters and has asked the Federal Government to reconsider the ban on uncooked prawn imports.

Aviation authority calls for fee hike

The Civil Aviation Authority of Việt Nam has sent a proposal to the Ministry of Transport to raise several aviation service charges in order to reduce peak-hour overloads and raise money for infrastructure development.

VN shares buoyed by Fed hike

Shares edged up yesterday on the two national exchanges even though the US Federal Reserve on Wednesday hiked the benchmark interest rate for the second time in three months. Property, securities and agricultural stocks were the market momentum.

VN-Index slips, awaits Fed results

Shares dropped slightly yesterday on the HCM Stock Exchange as investors remained cautious ahead of the results of the US Federal Reserve (Fed) meeting.

VN footwear makers unfazed by TPP demise

Việt Nam’s leather and footwear industry will maintain its strong growth even if the TPP does not materialise, the Việt Nam Leather, Footwear and Handbag Association (Lefaso) has said.

VN coal struggles against imports

The domestic coal sector is going through a tough time owing to serious competition from cheap imported coal, the Ministry of Industry and Trade (MoIT) said.

The secret of Đà Nẵng’s success

The central city of Đà Nẵng continues to top the Provincial Competitiveness Index (PCI) for the fourth consecutive year. However, the secretary of the city’s Party Committee, Nguyễn Xuân Anh, is still not satisfied. Local media talk to him about the city’s efforts to reform administrative procedures to provide a favourable business environment for investors.

Vinataba to sell stake in Hải Hà Confectionery

State-owned Vietnam National Tobacco Corporation (Vinataba) has registered to offload 8.4 million shares, or 51 per cent stake, of Hải Hà Confectionery after its share price hit an all-time high.

Pepper price drops to five-year low

The purchase price of dried pepper dropped on Tuesday by VNĐ10,000 per kilo to VNĐ95,000-100,000 per kilo in Đắk Lắk, Gia Lai and Đắk Nông provinces against last week.

Việt Nam, Korea seek co-operation in renewable energy

The Vietnam Energy Association (VEA) and South Korea’s association of energy storage industry development (KEIDA) on Tuesday jointly organised an international conference on new technologies in power and renewable energy.

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