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Dairy industry approaches golden opportunities

VCCI proposes changes to tax policies

The Vietnam Chamber of Commerce and Industry (VCCI) recently sent an official dispatch to the Ministry of Finance, suggesting changes to tax policies.

Vietnamese products expected to penetrate deeply into Japan’s retail system

Vietnamese enterprises are showcasing their products at "Foodex Japan 2022," the 47th edition of a leading food and beverage exhibition in Japan that opened on March 8.

The Republic of Korea wants to invest in industrial park in Long An

The Republic of Korea (RoK) wishes to invest in building an industrial park for Korean firms with an area of 50 hectares and set up a service support centre for foreign enterprises to facilitate their operations.

Ministry looks to address hurdles in agri-exports to Russia, Ukraine

Diversifying markets would help Việt Nam mitigate the potential negative impacts of the conflict between Russia and Ukraine on agri-forestry-fishery trade, according to the Ministry of Agriculture and Rural Development.

Lessons learnt from the Thủ Thiêm land auction case

A suitable auction form for each type of property and more stringent sanctions are needed to prevent auction winners from walking away without buying as happened recently in the Thủ Thiêm New Urban Area, experts said.

Production links to boost seaweed farming in Vietnam: experts

With a diverse marine ecosystem, Việt Nam has favourable conditions for seaweed farming, which, however, have yet to be fully tapped.

Russia-Ukraine conflict expected to greatly impact seaport enterprises

Rising international oil prices, due to tensions in Ukraine, will have a great impact on the shipping industry as input costs increase in tandem.

PetroVietnam pumps 1.78 million tonnes of oil in 2 months

The Vietnam Oil and Gas Group (PetroVietnam) has reported that its oil output reached 1.78 million tonnes in the first two months of this year, surpassing the set target by 24 per cent.

PNJ likely to benefit from high inventories and rising gold price

PNJ’s inventory reached nearly VNĐ8.7 trillion (US$380 million), up by more VNĐ2.1 trillion compared to the previous year. Of which, finished products were worth nearly VNĐ5.2 trillion.

Đức Giang Chemical raises profit target by nearly 40% this year

In 2022, the company plans to increase total revenue by 26 per cent compared to 2021 to more than VNĐ12.1 trillion, with profit before tax of VNĐ3.5 trillion (US$153.1 million), up 39 per cent

Hospitality, serviced apartment markets set to pick up

The resumption of international flights and the borders reopening in March will not only benefit Việt Nam’s hospitality sector but also drive demand for serviced apartments, according to Savills Việt Nam.

Vĩnh Long to get 5 industrial zones by 2025

Vĩnh Long Province has announced plans to develop five industrial zones in 2021-25 with a total area of 1,700 ha.

International tourism key to revival, relax quarantine rules: industry insiders

A sense of caution tempers the excitement as stakeholders prepare for the full resumption of international tourism on March 15. Will Việt Nam’s quarantine rules prove a deterrent?

VN-US to boost bilateral economic ties

Businesses and policymakers from Việt Nam and the US discussed measures to further boost bilateral economic ties, digital economy, energy demand, sustainable development and economic recovery.

Shares decline further as profit-taking pressure rises

Shares dropped further on Tuesday due to the profit-taking pressuring multiple stock groups such as banking, oil and gas, steel, fertiliser, and coal.

HCM City, EuroCham ink pact to bolster tourism growth

The European Chamber of Commerce in Việt Nam (EuroCham) will assist HCM City to become a “premier tourist destination” for international visitors through several initiatives.

Increasing the capacity of suppliers in the processing and manufacturing chain

Enterprises must improve the quality and quantity of domestic tier 1 and tier 2 suppliers, to increase their ability to participate in the supply chain and improve the localisation of domestic industrial products.

Experts raise concerns about imported inflation risk

Việt Nam needs to be wary of imported inflation, especially from rising global energy and commodities prices, experts have warned, urging attention to be paid to promoting exports and putting imports under control.

Agricultural leaders work to save honey exports to US

While more than 85 per cent of the local honey exports go to the US, Việt Nam is at risk of losing the market due to the possible highest tax ever in an anti-dumping case.

Ministry orders review of wind, solar, hydropower projects

The Ministry of Industry and Trade (MoIT) has asked provinces and centrally-run cities to review wind, solar and hydropower projects included in the national planning scheme for electricity development for 2011-2020 with a vision towards 2030.