Urbanisation brings rural consumers, accounting for 68 per cent of the country’s 90 million people, closer to their counterparts living in towns and big cities and to a diversified media world, according to Nielsen’s recent Rural Mythbuster study.
The Italian Trade Agency, the National Association of Manufacturers of Footwear, Leather Goods and Tanning Technologies and the Việt Nam Leather, Footwear and Handbag Association (LEFASO) inaugurated the Italy-Việt Nam Footwear Technology Centre at the Lefaso Centre in Bình Dương Province’s Dĩ An District on July 12.
Recent gains in the volume and value of rice exports can be attributed more to low prices than to better quality or greater market penetration, experts say.
Argentina remained the country’s leading source for animal feed and feed materials, the General Department of Customs said.
Cam Ranh International Airport Services Joint Stock Company sold out successfully all its 1.45 million shares at an auction on the Ha Noi Stock Exchange (HNX) on Wednesday.
The price of refined iron ore is 200 times more expensive than the raw iron ore for exporting, therefore, reducing the export tax on raw iron ore is unreasonable and discouraging investments in ore sorting technology, according to the Ministry of Finance (MoF).
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Commercial banks who have cut interest rates for short-term lending following the State Bank of Việt Nam’s cue might suffer a further decline in the net interest margin (NIM), experts said.
As many as 180,079 documents of 12,683 businesses were processed through the national one-stop-shop (OSS) mechanism by the end of June 2017, representing year-on-year rises of 107 per cent and 70 per cent, respectively.
Việt Nam’s stock exchange is poised to take its next step forward with the opening of the derivates market next month. This is expected to help investors hedge against risks and increase their confidence in the local securities market. Nguyễn Thành Long, Chairman of the Hà Nội Stock Exchange, speaks to Vietnam News Agency about the market’s preparations and expectations.
The Vietnam Trade Information Portal (VTIP) was officially launched yesterday by the General Department of Vietnam Customs (GDVC) with the help of the World Bank (WB), in order to provide the business community with a reliable one window information source on the relevant legal regulations and categorisation for both export and import purposes.
Việt Nam is expected to export 320,000 tonnes of cashew for a value of US$3.3 billion this year, of which a reduce of 9.17 per cent in volume and an rise of 5 per cent in value over last year, according to the Việt Nam Cashew Association.
Shares advanced for a second session in both local markets on Wednesday as investor confidence was bolstered by higher crude prices.
Regional policymakers on Wednesday gathered to discuss key issues on taxation in Asia and called on a closer cooperation in international tax reform on the back of expansion of economic integration and cross-border trade and investment.
The General Department of Taxation recently sent a document requesting the HCM City Department of Taxation to collect data to inspect tax payment of Uber B.V Netherlands Co., Ltd and GrabTaxi Co., Ltd.
The Việt Nam Food Association (VFA) has set the target for rice export at 5.7 million tonnes this year, up 800,000 tonnes from 2016, amid rising global demand.
Dung Quất Economic Zone and industrial zones in Quảng Ngãi Province attracted eight projects worth US$2.81 billion in the first half of this year, according to the provincial People’s Committee.
Military telecom group Viettel said it has spent US$50 million to connect the AAE-1 international submarine cable network with its station in the southern province of Bà Rịa-Vũng Tàu.
With a cut of 0.5 percentage points in short-term interest rates applied for đồng loans in the prioritised sectors, commercial banks in HCM City would lose VNĐ 734 billion (US$32.6 million) in net interest income, according to a central bank official.
Eighty-six per cent of firms listed on the Hà Nội Stock Exchange (HNX) posted profits during the first quarter of this year, the northern bourse has announced.
