Việt Nam News

Car sales in September plummeted, the Vietnam Automobile Manufacturers’ Association (VAMA) said on Tuesday.

Authorities of Hưng Yên will continue to create favourable conditions for enterprises’ production and business activities to ensure high efficiency and sustainable development in business.

The State Bank of Việt Nam (SBV) will instruct commercial banks to try and cut interest rate in the remaining months of the year.

HCM City called for investment in 116 socialised projects, 11 national-scale projects and six other projects in the Thủ Thiêm New Urban Area at an investment promotion conference yesterday.

According to the Ministry of Finance’s (MoF) latest proposal, the Vietnam Debt and Asset Trading Corporation (DATC) is due for a restructure regarding its functions, duties and operation mechanism after 13 years of fulfilling its mandated tasks in creating a solid foundation for the next phase in handling non performing loans (NPLs) across the country.

Việt Nam News reporter Phương Uyên discusses various facets of the issue with Alwaleed Alatabani, Lead Financial Sector Specialist at the World Bank in Việt Nam.

State budget revenue in the first nine months of the year totaled VNĐ843 trillion (US$37 billion), up 13.9 per cent year-on-year and equivalent to 69.5 per cent of the annual target.

The Ministry of Science and Technology (MoST) will propose solutions to the Government to renovate specialised inspection activities in order to create a favourable environment for the business community while ensuring control over the quality of goods and protecting consumers.

The US National Oceanic and Atmospheric Administration (NOAA) has urged Vietnamese seafood processors, importers and exporters to fight against illegal, unreported and unregulated (IUU) fishing, following a new rule that takes effect next year.

Shares extended gains on Wednesday on the HCM Stock Exchange with the benchmark VN-Index rising 0.41 per cent to close at 813.95 points, expanding its three-day rally to 0.76 per cent.

The third annual CEO Forum Mekong Connect, which focuses on developing the economy of the Cửu Long (Mekong) Delta and investment opportunities there, will be held in Bến Tre Province this month.

The People’s Committee of the Central Highland province of Lâm Đồng has approved a new high-tech flower and vegetable growing project.

A meeting between provincial leaders and representatives of 500 enterprises in Nam Định Province was held on October 10.

The municipal People’s Committee on Tuesday officially launched StartupCity.vn - a start-up ecosystem, which is expected to connect start-ups with international firms, thus creating new jobs.

Some 175 businesses are participating in the 5th International Precision Engineering, Machine Tools and Metalworking Exhibition & Conference (MTA HANOI 2017) which began in Hà Nội on Wednesday.

Bình Định Development Investment Fund (BDDIF) has registered to sell 10.47 million shares, equal to 20 per cent of Bình Định Pharmaceutical and Medical Equipment JSC’s charter capital.

The State Bank of Việt Nam (SBV) decreased the buying rate of the US dollar (USD) on Tuesday.

The Embassy of Vietnam in India and the Confederation of Indian Industry (CII) held a workshop in New Delhi to introduce business opportunities in Vĩnh Phúc.