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Hà Nội's economic highlights

VAT-exempt status more of hindrance than help

Given that input VAT credits can amount to between 1.0 to 8.0 per cent of product prices, the "free launch" has tilted the playing field significantly in favor of foreign producers.

NASCO to auction 1 million shares of Nội Bài Cargo Terminal Services

Nội Bài Airport Services Joint Stock Company (NASCO) plans to auction 1 million shares of Nội Bài Cargo Terminal Services (NCTS), equivalent to 3.82 per cent of NCTS's charter capital, with a starting bid of VNĐ87,130 per share.

Firms asked to prepare contracts carefully before exporting to Egypt: official

Egypt is Vietnam's second-largest trading partner in the African market, accounting for 19% of Vietnam's total exports to the continent in 2022.

US initiates scope review investigation on steel wheels imported from Việt Nam

Data from the authority showed that the number of trade remedy cases against Vietnamese export products has increased rapidly in recent years. As of the end of June, Vietnam had faced 231 trade defence lawsuits, including 128 anti-dumping investigations.

Economic difficulties cause gold demand to drop sharply

Local demand for gold bars and coins dropped by 5 per cent year-on-year from 9.6 tonnes in the second quarter last year to 9.1 tonnes in the same period this year.

Indonesia initiates anti-dumping investigation of Vietnamese polypropylene copolymer

The investigated goods are polypropylene copolymer classified under HS code 3902.30.90.

Harsh reality of investing in million-dollar shophouses

Nguyễn Văn Ngọc, a 50-year-old investor from the northern province of Bắc Giang, has been struggling to sell a shophouse in Hà Nội's Hà Đông District for over a year.

Real estate decree meets with dissenting voices

Deputy Prime Minister Lê Minh Khái has requested SBV to review the decree in light of the public opinion and revise it if necessary.

International furniture & home accessories fair to open in HCM City this month

The first Vietnam ASEAN International Furniture & Home Accessories Fair will be held in HCM City’s Saigon Exhibition and Convention Centre from August 29 to September 1, featuring nearly 200 exhibitors in 600 booths.

VCCI launches project to promote efficient use of energy in supporting, food processing industries

A project to promote the economical and efficient use of energy in supporting and food processing industries in Việt Nam was launched in Hà Nội on August 18.

Singapore to host world’s largest transport, logistics, air cargo expo

Transport Logistics Southeast Asia & Air Cargo Southeast Asia, the largest trade show of its kind in the world, will be held in Singapore from November 1 to 3.

Shares nosedive to 15-month low, liquidity hits new record

Shares collapsed on Friday, falling to fifteen-month lows as a series of large-cap stocks plunged to their floor prices, suffering strong selling pressure throughout the trading session.

Economic diplomacy to be promoted to fuel agricultural development

Agriculture has played a crucial role in ensuring domestic food security, political stability, and social security, especially amid the food crisis that has led to political and social instability in many countries

Vietnamese longan finds fans in Thai market

These longan fruits, sourced from Mekong Delta region and cultivated in adherence to exacting Global GAP standard, have an accredited export code that makes it qualification for entrance into the Thai market.

SABECO honoured in Top 50 best listed companies for 6 consecutive years

Saigon Beer-Alcohol-Beverage Corporation (SABECO) was honoured in Top 50 best listed companies at the awards ceremony held by Forbes Vietnam in HCM City on Thursday.

International Travel Expo HCM City to double in size

The 17th International Travel Expo HCM City will double its size and bring together more than 400 exhibitors, according to the HCM City’s Department of Tourism.

Coffee industry urged to get ready for EU’s deforestation regulation

As a major coffee exporter to the EU, Việt Nam should get prepared for the deforestation law to maintain and expand coffee export to the block, raising the pressing need for digitalization of the value chain.

ICT firms to rebound in H2

Signs of profit-bottoming have also appeared in the first six months of the year.

Tourism businesses urged to promote digital transformation

For sustainable development of the tourism market, businesses in the tourism and related industries must intensify the implementation of digital transformation solutions, experts have recommended