Việt Nam News

Tata Coffee Vietnam, a member of India’s Tata Coffee Limited, began construction of a freeze-dried coffee plant at VSIP II Industrial Park in Bình Dương's Bắc Tân Uyên District.

The Ministry of Agriculture and Rural Development (MARD) has issued a safety control programme designed for Siluriformes fish (mainly tra and basa) and related products exported to the US market as part of efforts to adapt to new changes in the market.

Strong brand names are very important for small and medium-sized enterprises to improve their competitiveness, a seminar heard on Wednesday in HCM City.

The Vietnam Prosperity Joint Stock Commercial Bank (VPBank) will start listing 1.3 billion shares on the HCM Stock Exchange on Thursday, while having received US$1.2 billion worth of purchasing offers from foreign investors.

The Ministry of Finance (MoF) introduced a draft of amendments to laws on Value Added Tax, Special Consumption Tax, Corporate Income Tax, Personal Income Tax and Natural Resources Protection Tax at a press conference on Tuesday.

Authorities in the southern province of Bình Dương and the representatives of South Korean companies operating in the province met on Wednesday to resolve difficulties faced by businesses in the area.

Deputy Prime Minister Vương Đình Huệ on Wednesday urged the Ministry of Planning and Investment (MPI) to quickly finalise the list of State-owned enterprises (SOEs) that needed to be divested.

 Local digital content businesses are claiming for unfair policies against foreign firms. Vietnamese companies in the area have been imposed by many regulations while foreign ones such as Google, Facebook and Youtube have not been required to pay taxes or bounded by regulations and policies.

Prime Minister Nguyễn Xuân Phúc wanted the aviation industry to tighten security and safety as it was an important issue in the current situation.

Shares recovered from the morning loss on Wednesday as many large-cap stocks, especially steel and fertiliser shares, gained value.

A strong focus on the application of information technology has helped the Hà Nội Tax Department increase its risk analysis capacity and improve the tax examination and inspection procedure.

The northern province of Bắc Giang plans plans to pour VNĐ1.5 trillion (US$66 million) in the development of high-technology agriculture areas to promote the locality’s key products such as vegetables, flower, mushroom, tea, lychee, citrus, chicken and pigs.

Domestic steel consumption in the first seven months of 2017 rose 14.5 per cent from the same period last year to 5.14 million tonnes, the Việt Nam Steel Association (VSA) said.

Việt Nam and Cambodia share several economic characteristics, but Việt Nam’s larger, more diverse economy has the greater capacity to absorb shocks, said a Moody’s report released on Tuesday.

Minh Phú Seafood Corporation (MPC) recorded a post-tax profit of VNĐ101.4 billion (US$4.54 million) in the second quarter of this year, 34 times higher than the same period last year and the highest level in the last eight quarters, online newspaper Infonet.vn reported.

PetroVietnam Power Corporation (PV Power), the country’s second-biggest power provider, will offer 20 per cent of its total shares for sale at an initial public offering (IPO) in December.

Enterprises with foreign-owned capital (even one per cent) need to register distribution rights before trading goods purchased from other Vietnamese organisations or imported into the country.

Shares declined on Tuesday after a brief recovery in the previous session when a number of heavyweight shares sank into the red on fragile investor confidence.