Việt Nam News

The Ministry of Agriculture and Rural Development (MARD) has required Việt Nam’s rice exporters to closely control the quality of rice exported to the US, after some exports were rejected.

The total revenue from retail trade and services topped US$118.4 billion during the first nine months of this year, surging 9.5 per cent year-on-year, according to the General Statistics Office (GSO).

The National Administration of Tourism announced a 25.7 per cent increase in the number of tourists, up to more than 7.26 million visitors, compared with the same period last year.

Building a brand strategy for Việt Nam’s food industry will help increase recognition of the country’s food products on the world market, thereby boosting the sector’s growth through stronger exports. 

Shares managed a slight rise on the HCM Stock Exchange but declined on the Hà Nội market under increased selling pressure from profit-taking traders.

Việt Nam welcomed more than 7.26 million international visitors in the first nine months of the year, up 25.7 per cent compare to the same period last year, according to the Việt Nam National Administration of Tourism.

Shares sunk for a second day on the HCM Stock Exchange yesterday under heavy profit-taking selling pressure while investors became cautious ahead of the release of the third-quarter earnings of companies.

The State Security Commission has green lighted its purchase of a 65 per cent stake in Tường An Vegetable Oil Joint Stock Company, food producer Kido Corporation has announced

Two US steelmakers have requested that the US Department of Commerce (USDOC) checking whether China is circumventing antidumping and countervailing duties on cold-rolled steel coil and corrosion-resistant sheet by processing hot-rolled coil in Vietnam or not.

The inclusion of China’s yuan into the International Monetary Fund (IMF)’s basket of reserve currencies last Saturday will impact finance across the globe, and Việt Nam is no exception.

Production and business in the third quarter was stable and better than the second quarter, according to the General Statistic Office (GSO).

There is an abundant supply of housing, prices are steady, lending to developers and home buyers is increasing, and bad debts are low, according to a quarterly report issued by the Ministry of Construction in September.

In late September, Masan, one of Việt Nam’s largest private-sector companies, and its strategic partner, the Thai conglomerate Singha Group, officially introduced its new product, Chin-Su Yod Thong fish sauce, to Thailand.

The Ministry of Transport (MoT) is pushing forward with the restructuring of State-owned enterprises (SOEs), having divested VNĐ2 trillion (US$89.7 million) from five corporations and companies since the beginning of this year.

Việt Nam needs more comprehensive policies to direct remittance to production and business, experts said at a conference late last week.

The Vietnamese business community is known as a group of hard-working and creative people, but linkages among the community’s members and connections between the business community and authorities are not developed enough to internationally integrate and compete.

The director of a bank in HCM City says lenders have no plans as of now to increase loan interest rates, though they find it difficult to cut capital costs since deposit interest rates are tending to increase.

The central province of Ninh Thuận plans to expand its grape cultivation area by 7,900 hectares, of which more than 2,550ha will be safe grape fields, according to the provincial People’s Committee.