Việt Nam News

Local enterprises face barriers in doing business, and they expect the State to improve the domestic business environment in order to encourage the development of enterprises.

Vietnamese shares struggled to remain upbeat yesterday as energy producers lost momentum after crude prices declined on Tuesday.

The next phase of Vietnamese economy’s restructuring should focus on efficiency of resource allocation to radically renovate the growth model, experts said at a conference in Hà Nội yesterday.

The local securities market is expected to further expand in the last months of the year after two trading regulations are put into practice in November.

Vietnamese businesses have been advised to study the Việt Nam – Eurasian Economic Union (EAEU) free trade agreement so that they can capitalise on opportunities to boost exports to EAEU-member countries.

HCM Stock Exchange (HOSE) will join hands with financial information provider StoxPlus to organise the 2nd Vietnam Annual International Investor Conference on November 4 in HCM City.

The Việt Nam National Oil and Gas Group (PetroVietnam) will strive to exploit more than 6.49 million tonnes of oil by the year’s end, including 3.88 million tonnes of crude oil and 2.61 billion cubic metres of natural gas, to achieve total output of 27.59 million tonnes of oil.

A local steel maker, Hòa Phát Group would take cover of prolonged delay commenced Guang Lian Steel-Dung Quất project as new investor.

In the distribution relationship, the principal can deliver goods to a number of different agents. Therefore, drafting of the agent agreement, which not only meets the required needs, but also ensures the rights of the parties, should be taken into account.

Switzerland will grant 90 million Swiss franc (US$91.16 million) to Việt Nam, focusing on economic development co-operation over the next four years, Swiss State Secretary for Economic Affairs Marie-Gabrielle Ineichen Fleisch said yesterday.

Philippine enterprises can import an additional 293,100 tonnes of rice from Việt Nam to ensure food demand in the 2017 between-crop period is met, the Việt Nam Food Association (VFA) said.

The Việt Nam-China International Trade Fair is scheduled to take place in Dongxing city, in China’s Guangxi province from November 8-12.

With HCM City now discouraging investment in labour-intensive sectors and preferring technology-based industries, investment in its industrial parks and export processing zones decreased by 53.95 per cent year-on-year in the first nine months of this year to US$354.77 million.

The Hà Nội Railway Transport Joint Stock Company (Haraco) yesterday launched two express freight trains which will run on the route from the city’s Giáp Bát Station to Sóng Thần Station in southern Bình Dương Province and vice versa.

Economic growth this year would climb up to 6 per cent on the back of recovery signs shown in the third quarter, falling short of the 6.7 per cent target set by the Government.

Vietnamese shares were saved yesterday during the late period as higher oil prices helped raise energy firms and steelmakers advanced on expectations for good third-quarter performance reports.

The Ministry of Industry and Trade (MoIT) issued a decision to establish a steering committee for the sale of shares of two leading brewery companies.

Prime Minister Nguyễn Xuân Phúc yesterday launched the patriotic patriotic emulation movement themed “Vietnamese businesses towards integration and development” at a ceremony held in Hà Nội on the occasion of Việt Nam Entrepreneurs’ Day (October 13).