Việt Nam News

Exports of cassava and cassava-based products have declined significantly this year, according to the Ministry of Agriculture and Rural Development.

Only a fourth of Vietnamese enterprises believe they have strong products and services, good management and prices and adequate capital, a survey by the General Department of Statistics has found.

Oil & gas conglomerate Petrolimex will identify and deal strictly with collective and individual responsibility for loss-making investment decisions and other business management errors, a senior official said yesterday.

Deputy Prime Minister Trịnh Đình Dũng has asked ministries and authorities to speed up the building of social housing in industrial and economic zones nationwide.

Đặng Hoàng Hải, head of the Ministry of Industry and Trade’s European Market Department told to chinhphu.vn about potential and also challenges from the EAEU-Việt Nam FTA for major export products of Việt Nam to the market.

Gold jewellery and other gold articles with less than 95 per cent gold content enjoy zero export duty rates from September 1, under Decree No 122/2016/NĐ-CP

Phạm Thiết Hòa, director of HCM City’s Investment and Trade Promotion Centre, said the city was creating the best conditions to attract more investors by developing a clean land fund, improving the quality of infrastructure, and expanding the number of industrial parks and export processing zones. 

At the Ministry of Industry and Trade’s first-ever auction on sugar import quotas yesterday, eleven firms won bids. 

Vietnamese shares fell further yesterday, driven down by dairy firm Vinamilk while foreign investors remained net sellers for six consecutive sessions.

French and Vietnamese companies signed two trade agreements at the France – Việt Nam Business Forum held in HCM City yesterday to mark the visit of French President Francois Hollande.

Vietnamese should take the initiative to join business forums and participate in trade fairs and exhibitions in the United Arab Emirates (UAE) to understand the market, experts have said.

Eight auctions were organised on the two national stock exchanges in August, bringing in a total of VNĐ2.83 trillion (US$127 million) for issuers.

There is huge potential for Vietnamese and Japanese firms to co-operate in many areas, including use of information and communication technologies in agriculture and food processing, a conference heard in HCM City yesterday.

The Việt Nam Textile and Garment Group (Vinatex) inaugurated its new garment factory, worth nearly VNĐ127 billion (US$5.7 million), in the central province of Nghệ An late last week.

Moody’s Investors Service on Monday placed on review for upgrade the long-term credit ratings of seven Vietnamese banks.

The pressure on the budget deficit will likely increase in the remaining months of this year due to the anticipated rapid rise of investments in capital construction.

Several Vietnamese air carriers yesterday signed agreements with European aircraft maker Airbus in Hà Nội to buy 40 airplanes during an official visit by President Francois Hollande.

A delegation of business executives representing nine companies based in Turkey’s Antalya city yesterday met with their counterparts in HCM City to exchange information and explore business opportunities.