Aquatic product exports decrease in five months

While waiting for more specifics of the regulations relating to ­establishing export-processing enterprises in ­Vietnam, foreign investor can ­register to operate as a normal ­enterprise until more concrete ­guidance is issued.

Foreign fast food companies are lagging behind their own expansion plans in Vietnam due to the fierce competition with major rivals in the same segment and local competitors.

After enjoying GDP growth of 7.08 percent in 2018, the country’s 2019 growth is forecast at 6.7 per cent, which would place it as the fastest growing Southeast Asian economy, according to a report released by ICAEW Economic Update.

The Ministry of Construction and localities must conduct inspections on urban areas that may have violated their approved plans and issue strict punishments if violations are found, Deputy Prime Minister Trinh Dinh Dung said.

A plan to allow large Vietnamese State-owned commercial banks to pay dividends in shares or retain dividends would help them accumulate capital and meet regulatory minimum capital thresholds, Fitch Ratings said.

As of May 15, the total tax debt at the HCM City Customs Department reached VND2.4trn (USD102.2m), of which over VND1.4trn were bad debts.

The Dana-Y Steel JSC has just filed a lawsuit has filed a lawsuit against the Danang City People's Committee for for losses allegedly caused by the committee’s decisions to suspend its operations.

The Vietnamese economy is expected to grow at around 6.7 per cent this year, the fastest rate in South East Asia, according to the Institute of Chartered Accountants in England and Wales’ recent report.

The HCM City Depatment of Customs has listed 1,000 businesses that have not paid tax worth trillions of dong, including foreign direct investment (FDI) firms.

Cargo volumes at seaports remain imbalanced

Minister of Construction Pham Hong Ha said at the meeting of the National Assembly early this week that his ministry and the Ministry of Natural Resources would complete regulations relating to condotel and officetel this year.

Russia’s largest truck manufacturer Kamaz plans to launch a serial assembly of trucks at the company's plant in Vietnam in 2020, said Kamaz Director General Sergey Kogogin.

Power cut is a worry of many people during hot season. 

Domestic coffee prices bounce back

The landowners help their customers grow organic veggies following four criteria namely no chemical pesticides, no growth stimulants, no excess of nitrates, no metal – chemicals residues in soil and irrigation water.

For a long time, Vietnam has been considered as a potential retail market thanks to crowded population and strong purchasing power but not every retailer is able to succeed in doing business here.

Vietnam is expected to import more pork in the coming months to make up for domestic shortages as African swine fever continues to spread, according to the Ministry of Industry and Trade (MoIT).

The Vietnam Dairy Products JSC (Vinamilk) has acquired more than 90 million shares in GTNFoods JSC to raise its ownership to 38.34 per cent.

There will be both opportunities and challenges this year in the HCM City property market, which will see a number of new projects being introduced, experts have said.