Việt Nam News

Vietnamese shares struggled to rise yesterday on late buying while foreign investors remained net sellers on fears of a US interest rate hike in September.

Eggs, both fresh and processed, such as salted eggs and balut, are no longer required to undergo quarantine as of mid-August if they are sold in the domestic market. Quarantine is still required for eggs being exported.

The northern Quảng Ninh Province will continue to take numerous measures to facilitate local enterprises, Chairman of the provincial People’s Committee Nguyễn Đức Long said at a conference yesterday.

Thuận Phong Agricultural Product Processing Co Ltd yesterday launched a factory to process and freeze fruits and vegetables in Giao Long Commune in Bến Tre Province’s Châu Thành District.

Dozens of Vietnamese firms and Chinese firms met at a seminar yesterday in Hà Nội to seek cooperation opportunities.

Vietnamese tilapia export was anticipated to increase rapidly this year, according to the Việt Nam Association of Seafood Exporters and Processors (Vasep).

Hoàng Anh Gia Lai Joint Stock Co (HAG), one of the largest private enterprises in Việt Nam, reported a record loss of almost VNĐ1.1 trillion (US$49 million) in the first half of 2016.

The Việt Nam Asset Management Company (VAMC) could meet a target to recover VNĐ30 trillion (US$1.339 billion) of bad debts this year, VAMC Deputy General Director Nguyễn Văn Thắng said.

Panama has permitted 17 seafood processing facilities in Việt Nam to export seafood products to the country, according to the Panama Food Safety Authority (AUPSA).

HCM City has opened its first secondhand automobile market where sellers and buyers can meet directly to discuss purchases.

Vietnamese shares yesterday ended down as investors increased selling assets to earn profits after blue chips posted big gains last week.

The Việt Nam Chamber of Commerce and Industry (VCCI) has asked Prime Minister Nguyễn Xuân Phúc to consider the participation of Việt Nam in the Extractive Industries Transparency Initiative (EITI).

Risk management is now an important part of Việt Nam’s financial system after some of the banks have suffered high accumulated losses and capital deficit, and merged with other banks.

The Cửu Long (Mekong) Delta province of Hậu Giang hopes to attract Japanese investments in all sectors, a provincial leader told a meeting with the Japan External Trade Organisation in the province on Thursday.

Vietnamese cosmetic producers are losing their domestic market share because of not investing in developing brands and improving packaging, a conference heard in HCM City last Friday.

Core inflation this year could increase slightly to roughly 2 per cent from 1.7 per cent last year, the National Financial Supervisory Commission (NFSC) forecast.

A Vietcombank customer lost VNĐ500 million (US$23,800) after someone hacked into her bank account and withdrew money from an ATM in the course of just one night.

The Ministry of Finance proposed the government should offer a preferential corporate income tax of 10 per cent tor firms that are renovating deteriorating apartment blocks.