Việt Nam News

Despite the market rising an average of more than 15 per cent this year, fertiliser stocks, with their high rate of return, did not see good growth.

Drought and saline intrusion this year caused a drop in the cultivation area and yield of sugarcane in the 2015-16 season, but farmers nationwide reaped profits from their harvests, though sugar quality was still considered insufficient.

The Ministry of Justice plans to review Article 292 of the 2015 Penal Code, with reference to other relevant ministries and agencies, to avoid creating barriers to the development of startup enterprises.

To implement the Government’s Resolution 35/NQ-CP to support and develop enterprises by 2020, the Ministry of Industry and Trade would have to amend, add and abolish regulations on import and export licences, market management, competition and the part supplying industry. Minister of Industry and Trade Trần Tuấn Anh speaks to the Vietnam News Agency about those issues.

Vietnamese shares yesterday extended losses for a second session as stocks continued to retreat after they had made significant gains in the previous sessions.

Shares of Á Cường Minerals (ACM) were often amongst the lowest valued in the market, now they have hot an even lower point after the firm was found harming the local environment.

Vietnam ICT COMM 2016, an exhibition on products and technologies from the telecommunication, IT and communication sector officially opened in the capital city yesterday.

Nearly 200 business leaders, industry experts, policymakers and Government officials participated in the 2016 Việt Nam – Singapore Business Forum held yesterday (July 20) in HCM City.

The retail price of petrol fell VNĐ665 to reach VNĐ15,300 (US 68 cents) per litre at 3pm on July 20, 2016.

About 1,300 start-up projects in HCM City will receive support from the HCM City Young Businesspeople Association (YBA) from 2016 to 2020.

The Việt Nam Chamber of Commerce and Industry (VCCI) and the HCM Stock Exchange (HOSE) yesterday committed to support the Vietnamese business community in developing sustainability that would help the economy’s international integration.

The finance ministry issued Circular No. 83/2016/TT-BTC (“Circular 83”) on June 17, 2016. Circular 83 governs incentives of corporate income tax (CIT), import tax and non-agricultural land-use tax. It provides detailed guidance about applications for tax incentives, especially for investment projects in the fields of science and technology and agriculture.

A four-day Hanoi Gift Show will be held from October 16 to 19 at the National Planning Exhibition Center in the capital.

Tân Liên Phát Investment and Construction JSC, a subsidiary of Vingroup, has announced the suspension of a loan swap worth VNĐ1.2 trillion (US$53.7 million) with Trường Thành Furniture (TTF).

The e-commerce website muahangviet.com.vn, which specialises in selling clean and safe farm produce, debuted yesterday (July 19) in HCM City.

Việt Nam’s medium term outlook remains positive, Achim Fock, the acting country director for the World Bank in Việt Nam said during a review of the country’s economic performance in Hà Nội yesterday.

Minister of Industry and Trade Trần Tuấn Anh at a conference held yesterday (July 19) in HCM City called for more concerted efforts from the Government, localities and businesses to reach the target of 10 per cent export growth this year.

Vietnamese shares yesterday retreated from Monday’s gains as individual companies declined on bad news in their business activities and lower oil prices extended losses for a second day.