Việt Nam News

The state audit of Việt Nam has revealed the misuse of many social housing apartments in major cities.

The interest rate will continue to be stable over the remaining months of the year, according to the State Bank of Việt Nam (SBV).

International arbitration would be helpful for businesses in settling trade and investment disputes in the context of Việt Nam integrating rapidly into the global economy, experts said.

The chairman of HCM City People’s Committee has called on Singaporean businesses to pour more investment into the city’s transport, urban development and flood prevention projects.

The Government’s establishment of a special committee to manage capital at State-owned enterprises is necessary, but it is likely to face significant challenges in its work, experts said.

Local seafood enterprises must comply with Australia’s regulations for export seafood products to remain exports to the market, according to the National Agro, Forestry and Fisheries Quality Assurance Department (NAFIQAD).

There would be more auctions of shares from oil and gas companies in the second half of 2016 under the directives of the government on equitisation of state-owned firms.

Vietnamese shares fell again yesterday, led by Vinamilk – the largest milk producer, brokerage firms and insurance companies.

Experts from Australia’s Department of Agriculture and Water Resources have been on fact-finding tours of HCM City and Long An, Tiền Giang and Bình Thuận provinces to evaluate their dragon fruit production, packaging and exports.

Despite the market rising an average of more than 15 per cent this year, fertiliser stocks, with their high rate of return, did not see good growth.

Drought and saline intrusion this year caused a drop in the cultivation area and yield of sugarcane in the 2015-16 season, but farmers nationwide reaped profits from their harvests, though sugar quality was still considered insufficient.

The Ministry of Justice plans to review Article 292 of the 2015 Penal Code, with reference to other relevant ministries and agencies, to avoid creating barriers to the development of startup enterprises.

To implement the Government’s Resolution 35/NQ-CP to support and develop enterprises by 2020, the Ministry of Industry and Trade would have to amend, add and abolish regulations on import and export licences, market management, competition and the part supplying industry. Minister of Industry and Trade Trần Tuấn Anh speaks to the Vietnam News Agency about those issues.

Vietnamese shares yesterday extended losses for a second session as stocks continued to retreat after they had made significant gains in the previous sessions.

Shares of Á Cường Minerals (ACM) were often amongst the lowest valued in the market, now they have hot an even lower point after the firm was found harming the local environment.

Vietnam ICT COMM 2016, an exhibition on products and technologies from the telecommunication, IT and communication sector officially opened in the capital city yesterday.

Nearly 200 business leaders, industry experts, policymakers and Government officials participated in the 2016 Việt Nam – Singapore Business Forum held yesterday (July 20) in HCM City.

The retail price of petrol fell VNĐ665 to reach VNĐ15,300 (US 68 cents) per litre at 3pm on July 20, 2016.