Việt Nam News

The Ministry of Industry and Trade has advised enterprises to carefully study export regulations of the United Arab Emirates (UAE) when conducting business with firms there to avoid suffering losses.

The Ministry of Transport has asked the central Government’s approval for privatisation of investments for restoration of infrastructure for the Đà Lạt – Trại Mát Railroad.

Ten commercial banks will have to sprint to be able to meet the Government’s listing deadline on the Unlisted Public Company Market (UPCoM) by the end of this year.

While stocks are set to rise this week, concerns remain as listed companies are about to finish releasing their second-quarter earnings reports, putting the market in a period where there is not much information forthcoming, analysts say.

An additional 22,972 new enterprises were established in HCM City in the first seven months of the year with a combined registered capital of VNĐ297.14 trillion (US$13 billion).

Unitel, a joint venture between Vietnamese telecom giant Viettel Group and Laos Asia Telecom, seeks to increase its turnover by 10 per cent to US$165 million this year.

In order to inform local firms looking to enter or have entered the New Zealand and Australian markets, the Asia-Pacific Market Department (APMD) under the Ministry of Industry and Trade (MoIT) held a conference yesterday on the Agreement Establishing the ASEAN-Australia-New Zealand Free Trade Area (AANZFTA), with the intention of boosting Vietnamese exports into this region.

Việt Nam has great potential in renewable energy, but the Government should have suitable mechanisms and policies to encourage investment in the field, a seminar heard in HCM City yesterday.

Domestic companies have not taken full advantage of the incentives offered by preferential tariff policies for Vietnamese firms to sell products to South Korea, according to the deputy director-general of the Asia-Pacific Market Department under the Ministry of Industry and Trade (MoIT). 

The Vietnam Cashew Association (VINACAS) has asked Government authorities to tackle obstacles in customs declaration procedure.

Farmers in the Mekong Delta are growing a Japanese rice variety without approval from the Ministry of Agriculture and Rural Development, leading to a possible oversupply in the market.

The Government needs to be aware of the pros and cons of the Internet of Things (IoT) and Smart Cities, establishing a strategic roadmap for the development to complement the national ICT roadmap.

Vietnamese shares rose on both local exchanges on Friday, led by the finance-banking sector after Asia Commercial Bank released its second-quarter earnings report.

An international seminar on information safety is scheduled to take place in Hồ Chí Minh City on November 17 and in Hà Nội on December 1 on the occasion of Việt Nam Information Safety Day.

The export value of farming, forestry and aquatic products gained a year-on-year increase of 14.7 per cent, to US$20.45 billion, in the first seven months of this year, according to the Ministry of Agriculture and Rural Development.

The Ministry of Information and Communications is developing a draft circular on information services via mobile telecommunication network, reported the Vietnam News Agency.

A new decree will help improve the quality of corporate governance in public companies and benefit small, individual investors, a senior official said yesterday.

Despite being allowed to charge on-net fees for automatic telling machine (ATM) transactions, some commercial banks have recently applied the exemption to on-net money withdrawal and account transfer to attract new customers and develop the retail banking segment.