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Update news production

Hydropower operation must ensure security, production

The operation of hydropower dams must not have negative impacts on public security or production, the Ministry of Natural Resources and Environment has said.

Tech giants bring production to Vietnam to avoid COVID-19 implications

With the COVID-19 outbreak disrupting supply chains and vexing producers to no end, a mounting number of businesses are looking to shift operations away from China, with giants Google and Microsoft both opting to bring production to Vietnam.

Int’l pepper conference opens in Ba Ria-Vung Tau

The International Pepper Conference 2019 opened in Vung Tau city, Ba Ria-Vung Tau, on November 12, drawing 400 delegates from Vietnam and 25 other member countries of the International Pepper Community.

Damrey typhoon victims stabilize their lives, production

 Typhoon Damrey, which hit Vietnam’s central coast and central highlands early this month, has left more than 100 people dead or missing and damaged 115,000 houses, thousands of hectares of crops, and large portions of the electric grid.

Tom Cruise breaks ankle in stunt, halts production on 'Mission' film

 Tom Cruise broke his ankle while performing a stunt on the set of the upcoming "Mission: Impossible 6," causing production on the film to go on hiatus while the actor recovers, 

Initial Samsung production target is 10 million Galaxy S8 phones: media

Samsung Electronics Co Ltd (005930.KS) has set an initial production target of 10 million Galaxy S8 smartphones, South Korea's Electronic Times reported on Thursday, citing unnamed sources. 

Enterprises anticipate lackluster Tet season

A modest 5-10 percent growth rate expected in sales for the upcoming Tet holiday, instead of the 20-30 percent of previous years, has caused suppliers to scale back production plans.

BUSINESS IN BRIEF 15/8

 Renewing procedures for FDI attraction; US imposes import duty on Vietnamese shrimp; Deals worth 17 bln VND inked at EWEC fair; Money supply rises 5.3% in H1

BUSINESS IN BRIEF 15/7

 Diseases ravage shrimp farms in several provinces; US grants FDA certificate to Vinamilk; Sugar inventory running high as export deadline over; EZs, IPs database to be finalized

BUSINESS IN BRIEF 1/7

 Inquiry launched into tax-free car scam; Inquiry launched into tax-free car scam; Snail-paced projects revoked in Quang Ngai; Firms told not to rely on banks; Banks push bad debt reforms

BUSINESS IN BRIEF 28/4

Capital industrial production soars; As prices fall, offices attract tenants; Lotte’s ‘ao dai’ tower rises higher in Hanoi; Foreign eyes light up at new M&A deals; SBV stalls asset regulations as companies feel the pinch

Credit quotas make no more significance to banks

The State Bank of Vietnam has unexpected allocated the credit growth rate quotas to commercial banks. The disbursement for the national economy must not be higher than 12 percent in 2013.

SBV to slash interest rates further to make loans approachable to businesses

Despite the successive interest rate reductions, the interest rates in Vietnam are still the highest in the region.

Inflation decrease raises worry about weak demand

The reported inflation decrease in March turns out to be not the good news at all. This, in the eyes of businesses, means the low market demand and the unsalability of goods.