Việt Nam News

Restructuring the agricultural sector towards improving quality and promoting the coordination between farmers and firms was critical for the sustainable development of the sector amid unpredictable movements in the global market, heard a conference yesterday.

The Trans-Pacific Agreement has been signed and it promises growth opportunities for all 12 members. Trade is forecast to surge, requiring solid preparations by companies in logistics and port operations. Việt Nam News reporter Thu Ngân asks business executives how their companies are preparing and what Vietnamese companies should do to successfully integrate.

Malaysia has imposed anti-dumping taxes ranging between 3.06 per cent and 23.78 per cent on cold rolled coil imported from Việt Nam, mainland China and South Korea.

The high price of pepper, combined with a drop in coffee prices, has caused many farmers to switch to cultivating pepper vines.

Việt Nam and Đà Nẵng in particular could emerge as huge potential markets for Japanese businesses.

Vietnamese shares bounced back from Thursday’s declines on both local exchanges as banks and property developers recovered from their recent falls.

 Nearly 2,000 residents living in an apartment building in HCM City’s Tân Bình District are concerned about a bank’s plan to take back the property because of overdue loan payments from the building’s investor.

The US Senate has supported scrapping of the United States Department of Agriculture (USDA)’s catfish inspection programme because critics argued that the programme was wasteful and unnecessary.

The joint force among the Government management agencies, enterprises and consumers must be enhanced in the fight against alarmingly rampant smuggling and counterfeiting.

The circular that puts a stop to foreign investors margin trading from July 1 would not affect capital flow in the local market, said securities experts.  

Việt Nam Dairy Products Joint Stock Company, or Vinamilk, yesterday inaugurated its Angkor dairy product processing factory in Phnom Penh, Cambodia.

There were more than 44,700 newly established enterprises in Vieät Nam with total capital of VNĐ349.5 trillion (US$15.5 billion) in the first five months of this year.

Remittances to HCM City in the first four months of this year reached more than US$1.3 billion, up $211 million against the previous month.

There must be no discrimination in regulations with regard to debt trading between domestic and foreign participants, Deputy Prime Minister Vương Đình Huệ has said.

Under HCM City’s price stabilisation programme, 563 locally produced drugs in 21 categories will be sold at 5-10 per cent lower than market prices until next March, according to the city Department of Health.

The local biggest brewer Sài Gòn Beer-Alcohol-Beverage JSC (Sabeco) planned VNĐ35 trillion (US$1.56 billion) in sales this year, a 4 per cent increase over 2015 and a pre-tax profit of VNĐ4.2 trillion.

The landing of imported goods in the local traditional markets is inevitable as the Made-in-Vietnam products, favoured by Vietnamese due to their age-old habits, are being ignored by local retailers.

The International Collaborating Centre for Aquaculture and Fisheries Sustainability and Oxfam have kicked off a project for sustainable and equitable shrimp production and value chain development in the Cửu Long (Mekong) Delta.