Local, foreign firms: divided they stand

According to a survey by the Việt Nam Chamber of Commerce and Industry last year, only 14 per cent of private Vietnamese businesses had foreign-owned businesses as clients.

11,400 market frauds discovered

The market management departments of 19 provinces and cities in the south in the first half of the year discovered more than 11,420 violations of smuggling, trade fraud and counterfeiting, a year-on-year increase of 4 per cent, according to the HCM City Market Management Department.

Quality key for modern trade

Quality assurance is the first factor that enables a product to enter supermarkets, delegates told a discussion on bringing goods into the modern retail channel held in HCM City on June 30.

UPCoM tightens control over listed companies

A new set of regulations will be imposed on companies either looking to be or already listed on the Hanoi Stock Exchange’s (HNX) Unlisted Public Company Market (UPCoM), increasing the level of inspection and monitoring on these entities and preventing investors from buying unqualified stocks by underperforming businesses.

VNPT ahead in broadband users

The Việt Nam Posts and Telecommunications Group (VNPT) has the largest number of broadband subscribers in Việt Nam, said Nguyễn Trường Giang, VNPT’s deputy general director.

Stocks advance on Q2 earnings hopes

Vietnamese shares extended gains for a third day in both local markets on Friday, boosted by high investor expectations for good corporate second quarter earnings reports.

Sacombank board names new chair

Sài Gòn Thương Tín Commercial Joint Stock Bank (Sacombank)’s annual shareholder meeting on Friday officially appointed Dương Công Minh as the new chairman for tenure 2017 – 2021.

CIEM suggests restructuring committee

A national steering committee for economic restructuring should be founded to accelerate the efficiency of the overhaul process, the Central Institute for Economic Management (CIEM) proposed at a workshop held on Friday in Hà Nội.

Start-up co-working space opens in Hà Nội

The Vuon – Luxury Garden Office, located on D2 Building on Giảng Võ Street, covers an area of 1,300 metre square and has a total investment fund of up to VNĐ120 billion (US$5.3 million). 

Over $13 billion spent on agriculture restructuring

Prime Minister Nguyễn Xuân Phúc has approved a target programme to restructure the agricultural economy, prevent natural disasters and stabilise people’s lives with total capital of VNĐ306.66 trillion (US$13.5 billion).

Thailand top supplier of fruits to VN

With the turnover, Thailand has become the leading supplier of fruits to Việt Nam, accounting for over half of Việt Nam’s six-month fruit imports at $507 million, according to the Ministry of Agriculture and Rural Development.

 

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