Việt Nam News

The Ministry of Planning and Investment has proposed export tax cuts on cement while local producers are struggling with high stockpiles as supply has exceeded demand in the domestic market.

The HCM City People’s Committee and Korean conglomerate Lotte Group on July 25 signed a contract on the construction of the Thủ Thiêm Eco Smart City in District 2.

Taiwan Expo 2017, which opened on July 26 at the Saigon Exhibition and Convention Centre in District 7, offers opportunities to explore partnerships between enterprises of Taiwan and Việt Nam in many fields, including healthcare and business production.

The Viettel Telecom Corporation launched its contest “Việt Nam Internet of Things Hackathon 2017” on Monday with total prizes of VNĐ600 million (US$26,700).

Locals being granted permission to gamble at domestic casinos has given Việt Nam’s growing hospitality industry an added boost, according to JLL experts.

The 2017 Zhejiang export fair will be held in Hà Nội from August 3 to 5, showcasing the best products from the Chinese province.

In addition to the wave of investments in the banking and finance sector from financial institutions in Japan, UK, Hong Kong, Singapore, Malaysia and the US, there will be a marked presence of South Korean banks in the Vietnamese market in the near future, observers forecast.

Ensuring financial security was vital to promote economic growth amidst rapid globalisation and economic-financial liberalisation, experts said at a forum organised by the Institute for Brand and Competitiveness Strategy on Tuesday in Hà Nội.

The Vietnam Leather, Footwear and Handbag Association (LEFASO) announced its finding in mid July, in which they found Việt Nam’s export of handbags and suitcases to rank 5^th on the world’s list of leading exporters, accounting for 5.4 per cent of global supply.

An export forum on “Market Identification and Risk Management in Export of Vietnamese Enterprises” will be held in HCM City on August 8 to disseminate the latest information, especially about effective ways and solutions to enhance the competitiveness of domestic firms in key export markets.

Bảo Việt Holdings, HCM Securities Corporation, PAN, DHG and Traphaco are among the top 10  winners of the the Best  Annual Report Awards, which was announced on Tuesday in HCM City.

Vietnamese shares bounced back from a three-day losing streak on Monday as investor confidence rebounded on banks’ six-month results and a lower chance of margin-call risk.

The Ministry of Finance (MoF) and the Government Office (GO) will take drastic actions against companies’ failure to become listed on the Unlisted Public Company Market (UPCoM) of the Hanoi Stock Exchange (HNX), in hope of speeding the national equitisation proceed.

Vietnamese businesses won a contract to supply 175,000 metric tonnes (MT) of rice to the Philippines via an open tender for 250,000 metric tons of government rice importation, which was organised by the National Food Authority (NFA) in Quezon City on July 25.

Hưng Yên Province is expecting this year’s main longan crop to decline in quantity and ripen a week behind schedule. As a result, prices have shot up by VNĐ7,000 (31 US cents) per kilogramme.

ASEAN governments should do more to make their tobacco tax policies more effective, not only for health reasons but also for the budget generation.

Chairman of the Hà Nội People's Committee Nguyễn Đức Chung asked Uber Group to share its database to help the capital city manage the number of participating cars and individuals in the network and individual income tax in accordance with the country’s laws.

How to mobilise idle foreign currency and gold from locals to invest in business and production has become a hot issue recently, with the Government last week once again asking the State Bank of Việt Nam (SBV) to consider proposals.