Việt Nam News

More than 600 business representatives and experts from Việt Nam’s textile and support industries were introduced yesterday in Hà Nội to Germany’s latest textile and apparel technologies.

Japanese drug manufacturer Taisho Group has acquired more than 21.3 million shares or a 24.4 per cent stake in Hậu Giang Pharmaceutical Joint Stock Company (DHG), the group announced yesterday.

Vietnamese firms should seek more investment opportunities in Japan, especially in the information and technology (IT) sector, said Shigeki Maeda, vice president of the Japan External Trade Organisation, during a conference held yesterday in the capital.

Japanese agricultural businesses are making a beeline for Việt Nam since the Trans-Pacific Partnership (TPP) is set to open up their country’s market and bring import tariffs down to zero.

Insurers have expressed optimism over the country’s insurance sector for 2016 thanks to strong results last year, according to Việt Nam Report (VNR).

The 14th International Precision Engineering, Machine Tools and Metalworking Exhibition, MTA Việt Nam 2016, opened yesterday in HCM City to showcase the latest technologies and equipment in the industry.

Việt Nam has a huge domestic market for instant noodles with sales of nearly VNĐ20 trillion per year.

The first ever legal framework for debt trading activities in Việt Nam is available.

Vietnamese shares extended gains yesterday as financial firms advanced on expectations of positive second-quarter performance.

Việt Nam's index of industrial production (IIP) saw a low growth rate of 7.5 per cent in the first half of the year, the General Statistics Office (GSO) has said.

The State Securities Commission of Việt Nam (SSC) was actively implementing the corporate bond scheme to make the local corporate bond market work next year, said SSC’s Deputy Chairman Nguyễn Thị Liên Hoa.

HCM City has set a target of implementing administrative reform to reach the target of having a total of 500,000 enterprises by 2020.

Tra fish will be traded online from the end of this year, making the trading more transparent, according to the Việt Nam Pangasius Association.

Government debt reached more than VNĐ1.5 quadrillion (US$66.7 billion) last year, expanding nearly 70 per cent during the 2010-15 period, the Vietnam News Agency reported yesterday.

The Ministry of Industry and Trade will establish a council to conduct pilot bidding on the import of 85,000 tonnes of sugar under a tariff rate quota (TRQ) this year.

The domestic gold price recorded its highest level in two years yesterday, reaching about VNĐ36 million (US$1,607) per tael or 1.2 ounces yesterday under the sharp rise of global prices.

Masan Nutri-Science Corporation (MNS), a member of Masan Group Corporation, announced the acquisition of the remaining 30 per cent stake in Agro Nutrition Company JSC (ANCO) on June 30.

Việt Nam gained a 33 per cent year-on-year increase in the fruit and vegetable export value to reach US$1.17 billion for the first half of 2016, officials said.