The Ministry of Agriculture and Rural Development (MARD) has valued the Vietnam Rubber Group (VRG), the country’s largest rubber company, at VNĐ4 trillion (US$177.78 million), not including its land, marking another step toward its equitisation by the end of 2017.
As the country’s consumption demand increases to match national economic progress, more and more foreign retailers are entering the Vietnamese market to a warm welcome from buyers, while Việt Nam’s domestic brands look for their own growth strategies against the newcomers.
Gas station operator Petrolimex is the firm with the highest revenue in the local stock market, according to the business magazine Forbes Vietnam.
Shares declined on the HCM Stock Exchange on the last four days this week, but strong demand from local traders cushioned the market.
Many car manufacturers in Việt Nam continue to apply discounts and promotions to stimulate purchasing.
The Vietnam Association of Seafood Exporters and Producers (VASEP) has urged seafood processors, importers and exporters to participate in the fight against illegal, unreported and unregulated (IUU) fishing.
The Ministry of Construction will submit a plan to the Prime Minister on promoting stable and healthy development of the local real estate market in this year's fourth quarter.
Prime Minister Nguyễn Xuân Phúc has called on APEC member economies to accelerate efforts to enable small and medium-sized enterprises to capitalise on new trade opportunities created by digital advances.
HCM City has proposed that the Ministry of Construction not allow the development of commercial apartments with area less than 45sq.m.
Việt Nam has exported 3.87 million tonnes of rice worth US$1.66 billion in the first eight months of the year.
With its favourable location, good infrastructure and moderate land prices, the southern province of Đồng Nai has become the focus of attention of property developers in recent years, a seminar heard in HCM City yesterday.
The Ministry of Finance’s intention to impose a so-called asset tax on second-home owners must be studied carefully to prevent negative impact on the real estate market, which still lacked transparency, experts said.
Việt Nam Post Corporation (VNPost) will auction its stake of 8.79 million shares in Post and Telecommunications Tourism Joint Stock Company, equivalent to 90.22 per cent of the charter capital.
The central province of Quảng Ngãi has called for new investors in six projects that had their investment licences revoked due to delays from 2010 to 2015.
The Government Inspectorate has found irregularities in the management of BOT (Build-Operate-Transfer) and BT (Build-Transfer) projects in HCM City, including the use of inappropriate contractors.
Latest instructions from Lê Minh Hưng, Governor of the State Bank of Vietnam (SBV) require credit institutions and commercial bank offices in Việt Nam to strictly comply with the SBV’s regulations on foreign currencies capital mobilisation without going over the interest rates ceiling.
The Vietnam Association of Seafood Exporters and Producers (VASEP) protested a new US anti-dumping duty on tra frozen fillets from Việt Nam.
The National Assembly Standing Committee has not approved the Ministry of Finance’s proposal to almost triple the environmental protection tax on oil and gas consumption, citing potential harm to consumers.
Transactions in the domestic gold bar market dropped sharply as many gold holders selling their precious metal for Vietnamese đồng to reinvest in business, production and consumption.
