Online shopping day posts sales of $7.5m

Traders recorded sale of VNĐ170 billion (US$7.5 million), with more than 130,000 orders during the fall Online Shopping Day 2016, Vietnam E-Commerce and Information Technology Agency (VEITA).

Shares volatile on large-cap stocks

Shares were volatile in yesterday afternoon’s trade, affected by the divergence of large-cap stocks due to prospect of third-quarter earnings.

Shares up on Q3 earnings hopes

Shares rose yesterday on the two stock exchanges as investors pinned their hopes on prospects of positive earnings of large companies in the third quarter.

VN growth resilient to global slip

Việt Nam’s economic growth this year is expected to hit 6 per cent, lower than was forecast in June, according to the World Bank (WB) report on East Asia and Pacific economies, released yesterday.

City farm fairs meet safe food demand

A safe farm produce fair will be held every Saturday in HCM City’s District 10, aiming to help local people access safe products amidst the current complicated food safety situation, according to the municipal Department of Agriculture and Rural Development.

Customs checks unimproved

The reforms in Vietnam’s management procedues and control have not yet seen significant changes, according to the findings of the American government’s USAID Governance for Inclusive Growth (GIG) programme.

VN will achieve 20% credit growth: SBV

The Deputy Governor of the State Bank of Việt Nam (SBV), Nguyễn Thị Hồng, told members of the European Chamber of Commerce in Việt Nam (EuroCham) on Monday in Hà Nội that she is optimistic her institution will achieve its yearly goals.

Ministry combats transfer pricing

The Ministry of Finance is seeking a joint force comprising relevant ministries and agencies to combat transfer pricing under a draft decree which was being raised for public comments.

Understanding new Civil Code essential

The 2015 Civil Code, which will take effect January 1st, 2017, discusses risks that enterprises should take into consideration when creating contracts for the sale of goods, machinery, equipment and raw materials.

MARD requires controls for rice exports to US

The Ministry of Agriculture and Rural Development (MARD) has required Việt Nam’s rice exporters to closely control the quality of rice exported to the US, after some exports were rejected.

Tourism surges in first 9 months

The National Administration of Tourism announced a 25.7 per cent increase in the number of tourists, up to more than 7.26 million visitors, compared with the same period last year.

Retail sales slow down over 9 months

The total revenue from retail trade and services topped US$118.4 billion during the first nine months of this year, surging 9.5 per cent year-on-year, according to the General Statistics Office (GSO).

VN needs to build food brands: experts

Building a brand strategy for Việt Nam’s food industry will help increase recognition of the country’s food products on the world market, thereby boosting the sector’s growth through stronger exports. 

Steel shares hold market in check

Shares managed a slight rise on the HCM Stock Exchange but declined on the Hà Nội market under increased selling pressure from profit-taking traders.

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