Việt Nam News

The volume of unlicensed software used in Việt Nam has fallen by three percentage points to 78 per cent compared with 2013, according to the latest global software survey released by the Software Alliance (BSA).

On May 10 the Việt Nam Competition Authority warned that the import tax on crude and refined edible oils, reduced from 3 per cent this month to 2 per cent, would be scrapped altogether in May 2017.

The Việt Nam Meat Industries Company (Vissan), a subsidiary of the Saigon Trading Group (Satra), held its first shareholders meeting in HCM City on May 28.

Foreign investors registered to pump approximately US$10.16 billion into Việt Nam in the first five months of this year, surging 136 per cent from a year ago, statistics from the Ministry of Planning and Investment reveals.

Long-awaited amendments to the Circular 36/2014/TT-NHNN regulating prudential ratios for the operations of credit institutions and foreign bank branches were officially issued on Friday afternoon, surprising many real estate insiders.

Vietnamese shares may extend their losses this week as energy firms could suffer more from lower oil prices, while low investor confidence could pull down blue chips.

While the recent violation of Hoàng Anh Gia Lai Group, which issued its bonds on a lower collateral basis, told a story of how risky corporate bond issuances could hurt the market, it did not stop other corporations from issuing their bonds in the country.

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.

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.

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.

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.