Việt Nam News

Shares sank for a second day on the two national stock exchanges on declining liquidity that showed investor caution ahead of October economic data expected to be released next week.

The government has issued a decree on Việt Nam’s list of preferential import tax rates for the 2016-18 period to cut more than 5,000 tariff lines to zero.

A one-day seminar to promote trade and investment activities between Việt Nam and France under the Việt Nam-European Union Free Trade Agreement was organised in Paris on Thursday.

Việt Nam’s trade office in Germany and the Trade Promotion Agency (TPA) under the Ministry of Industry and Trade (MoIT) organised a trade and investment promotion forum on October 18.

The People’s Committee of Vĩnh Phúc expects this year’s provincial budget collection to be as high as VNĐ26 trillion because of business stability and rise in foreign investment in the region.

Moody's Investors Service on October 19 concluded its review of eight Vietnamese banks.

Shares moved down yesterday after a two-day rise as large-cap stocks sank on the two markets.

Vietnamese enterprises, especially small- and medium-sized ones, should increase the use of e-commerce to boost their exports and showcase their products to potential partners globally, a seminar heard in HCM City yesterday.

Improving enforcement of intellectual property rights (IPR) would assist the process of technology transfers, develop new products and motivate the creativity of the business community, speakers said during a conference in Hà Nội.

Việt Nam’s economy is expected to grow at 7 per cent from around 6 per cent currently, while private consumption should increase by 5 per cent per annum from the current 4.4 per cent, says an expert.

Retail prices of RON 92 petrol and E5 bio-fuel increased by VNĐ441 (US$0,019) and VNĐ392 per litre, respectively, yesterday.

Vietnamese firms must draw up long-term business strategies to exploit opportunities in the European Union (EU), as the EU-Việt Nam Free Trade Agreement (EVFTA) will come into force by 2018.

HA NOI (Biz Hub) — The European Chamber of Commerce in Viet Nam (EuroCham) announced their 2016 third quarter results of the Business Climate Index (BCI), which is 86 points, 10 points up from the last quarter, on October 18.

The Ministry of Finance has issued a directive on the financial management of the Debt and Asset Trading Corporation (DATC), which will be enforced on November 1, 2016.

Despite potential foreign exchange rate risks, domestic enterprises still prefer borrowing US dollar loans to cut financial costs as their lending interest rates are much lower than đồng loans.

The US Department of Commerce (DOC) has announced the preliminary results of the administrative review of the anti-dumping duty imposed on some of Việt Nam’s oil country tubular goods (OCTG).

Prime Minister Nguyễn Xuân Phúc is concerned that Việt Nam might fail to achieve its GDP goal of 6.7 per cent this year.