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Vietnam to impose temporary safeguard measures on imported fertiliser

 The Ministry of Industry and Trade (MoIT) last week issued Decision No. 3044/QĐ-BCT to apply safeguard measures on some DAP and MAP fertiliser products imported into Viet Nam.

Sacombank speaks out on criminal proceedings against former executives

 The Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) on August 1 delivered a press release on criminal proceedings against its former executives Tram Be and Phan Huy Khang.

Thai Son Nam qualify for quarter-finals of AFC Futsal Club Championship

 Thai Son Nam defeated Al Dhafra 2-0 in the final match of the AFC Futsal Club Championship’s group A yesterday at Phu Tho Indoor Stadium in HCM City. 

Quang Liem records amazing win over reigning world rapid chess champion

 Vietnam’s no. 1 chess player Le Quang Liem impressively defeated reigning world rapid chess champion, Vassily Ivanchuk, after 41 moves.

Finance Ministry to get involved in State-owned enterprises' dividends

 Along with owners of State invested firms, the Ministry of Finance (MoF) will also participate in decision-making on dividend payout at firms to better manage State assets.

MobiFone chairman moves to Ministry of Information and Communications

 The Ministry of Information and Communications decided to appoint Le Nam Tra, MobiFone’s chairman of the member council, to work at the ministry’s office starting Tuesday.

HCM City authorities act as rumours threaten to cause property bubble

 A major cause of land price bubbles in Viet Nam, known as “fever”, is the lack of transparent information about the master plan, infrastructure works and new projects.

Nguyen Hoang Thien ousted at Singapore F2 tennis tourney

 Vietnamese player Nguyen Hoang Thien was ousted from the Singapore F2 Men’s Futures tennis tournament on May 29.

Vietnam tries to overcome hurdles to realize economic target for 2017

 2017 is considered a key to implementing Vietnam’s socio-economic development plan until 2020. To realize the GDP growth of 6.7% set by the National Assembly will require stronger measures.

Man on United Airlines flight identified as Vietnamese-American doctor with troubled past: Reports

 The man who was dragged off an United Airlines flight has been identified by various media as 69-year-old Vietnamese-American grandfather, Dr David Dao.

Tennis: Vietnam’s representative ousted in Japan F2 event

 Vietnamese representative Ly Hoang Nam was stopped at the Japan F2 Men’s Futures tennis tournament in Nishi-Tokyo on March 17.

Dak Lak strives to gain global recognition for “Buon Ma Thuot Coffee”

 Up to 10 countries worldwide have approved trademark protection registration for “Buon Ma Thu​ot Coffee”, a brand in the Central Highlands province of Dak Lak.

New transfer pricing decree: a step closer to international standards

On February 24, 2017, the Vietnamese government released the new transfer pricing Decree No. 20/2017/ND-CP, which will take effect from May 1, 2017. 

Vietnam to suspend imports of five agricultural commodities from India

 Vietnam is to suspend import of five agricultural commodities from India, which are peanuts, cassia alata seeds, cocoa seeds, French bean seeds and tamarind from India due to the high risk of them containing insects.

PM repeats request for strong actions to reach 6.7-percent growth rate

 Prime Minister Nguyen Xuan Phuc urged Government members to take drastic measures to attain the targeted growth rate of 6.7 percent this year at the Cabinet’s February meeting in Hanoi on March 1.

EU enterprises optimistic about business prospects in Vietnam: survey

 About 76% of European enterprises operating in Vietnam said they are optimistic about business prospects in 2017, according to a Business Climate Index (BCI) survey for the fourth quarter of 2016 conducted by EuroCham.

Korean firm to build $1.85 bln thermal power plant in central Vietnam

 The Korea Western Power Co. (KOWEPO) of the Republic of Korea plans to construct a 1,200MW coal-fired power plant in the central province of Quang Tri in 2018.

17 Vietnamese banks enter list of 500 strongest banks in Asia Pacific

 Seventeen Vietnamese banks were listed among the 500 strongest banks in the Asia Pacific region.

VN among the world’s most optimistic countries on economic prosperity

 Viet Nam is ranked fifth in the list of the world’s most optimistic countries on economic prosperity in 2017, according to a survey by WIN/Gallup, the world’s leading association in market research and polling.

Vietnam, Australia to set up working group for agribusiness promotion

  Vietnam and Australia have reached a consensus on establishing a joint working group this year to bolster farming trade and cooperation between the sides.