Việt Nam News

There is an increasing risk that Việt Nam’s public debt will exceed a national red line, the Ministry of Planning and Investment (MPI) said in its latest report.

High stockpiles coupled with fierce competition from cheap imported steel are hitting the domestic steel industry which is already under scrutiny regarding its impacts on the environment. President of the Việt Nam Steel Association Hồ Nghĩa Dũng speaks to bnews.vn on the necessity of investments in steel production as well as what should be paid attention to when investing in steel projects.

The export value of domestic fruits and vegetables is expected to reach US$2.5 billion this year, surpassing the value of rice exports for the first time, the Ministry of Agriculture and Rural Development (MARD) announced.

The Ministry of Finance proposed the removal of price stabilisation funds for electricity, paddy and rice in a draft decree.

It is time to raise awareness and our mindset about developing tourism, which must be treated following market rules, said Deputy Prime Minister Vương Đình Huệ.

Experts have been baffled by losses of Bình Sơn Refining and Petrochemical Co Ltd’s (BSR), which operates the Dung Quất Oil Refinery,as the project received costs and subsidies advantages, said Masami Kojima from the World Bank.

Shares declined yesterday on the two national stock exchanges after brief rises on Tuesday as investors remained cautious about trading of exchange-traded funds which will finish their third-quarter portfolio reallocation by the end of this week.

Topsides weighing more than 5,000 tonnes of the gas extraction platform BK Thiên Ưng have successfully been launched by the Việt Nam-Russia joint venture Vietsovpetro.

The Australian Government’s Department of Agriculture and Water Resources has prepared a draft report assessing the market access of Việt Nam’s fresh dragon fruit to Australia.

The Việt Nam Safe Farm Product Cooperative Alliance yesterday opened its first supermarket for safe agricultural products at No. 14 Mạc Thái Tông Street in Hà Nội’s Cầu Giấy District.

Police in Mekong Delta’s Bạc Liêu on Monday (Sept. 12) arrested the director of Minh Hieu Fishery Joint-Stock Company on charges of defrauding the company and property appropriation after allegedly falsifying a VNĐ64 billion (US$2.9 million) bank loan application.

Bỉm Sơn Cement JSC (BCC) has announced it will issue 14.3 million shares to pay dividends in the fourth quarter of 2016.

The SSI Asset Management Company announced on Monday it has raised US$39.4 million for its DAIWA-SSIAM Vietnam Growth Fund II L.P from both foreign and local investors.

PetroVietnam Mud Drilling Corporation, listed as PVC on the Hà Nội Stock Exchange, will pay a dividend of 14 per cent in cash on October 25 for last year’s performance.

The United States Department of Commerce (DOC) has officially levied higher anti-dumping duties on Vietnamese frozen warm-water shrimp exports during the review period starting February 1, 2014 to January 31, 2015.

Bình Sơn Refining and Petrochemical Co Ltd (BSR) is willing to sell up to 49 per cent of its capital to a foreign strategic investor during its equitisation, which is reportedly appealing to major global energy companies.

Decree No 102/2016/ND-CP issued by Vietnamese Government on July 01, 2016 governs a drug business’s conditions. The Decree provides conditions for all business types related to drugs. Below are highlights of the conditions one must follow in the drug business.

A panel of angel investors from the European Union, New Zealand and the US gathered to discuss the role of foreign investors in Việt Nam’s startup ecosystem in Hà Nội on Monday.