Vietnam is on track to reach its 6.6-6.8 percent growth target this year. However, the country needs to remain cautious about external risks.

The HCMC government is collaborating with consultants to formulate a scheme to turn the city into a regional and international financial hub. More than 20 years ago, a similar project was set up but failed to materialize.

Enterprises with key industrial products asked Ha Noi to further cut the administration procedures and set up an official legal consultancy when they met local Department of Industry and Trade on Wednesday.

Remittance flows into Ho Chi Minh City in the first nine months of the year were estimated at around $3.8 billion, a year-on-year increase of 7 percent.

The HCMC Tax Department has ordered a YouTuber who earned VND19 billion in personal income from 2016 to 2018 via videos uploaded on YouTube to pay VND1.5 billion in back taxes, the local media reported.

The strong demand in China for pigs, due to its year-long struggle against African swine fever, has caused local pig prices to surge over the past week. However, the local market is also facing a pig undersupply.

Trade readiness improvements and economic dynamism are driving Vietnam’s trade growth potential.

Vietnam’s trade deficit with China has been increasingly widening, exceeding US$27 billion during the first nine months of the year, according to statistics released by the Ministry of Industry and Trade.

Vietnamese retailers strive to gain strong foothold in domestic market

Education has been absorbing larger volumes of investment capital from international investors and private equity funds.

The new players to the aviation market are also setting eyes on the hugely profitable on-ground airport services.

Trade readiness improvements and economic dynamism are driving Vietnam’s trade growth potential.

Some local banks, including Bank for Investment and Development of Vietnam (BIDV), Nam A Bank and Agribank, have warned their customers to be wary of hi-tech fraudsters, Nguoi Lao Dong newspaper reported.

The steel industry is facing lawsuits against tax evasion and dumping, according to information from the Vietnam Steel Association.

The number of waste containers sitting abandoned at Vietnamese ports had fallen sharply this year, according to a report released on Monday by the General Department of Customs.

There has been a growing number of local startups who neglect raising funds in subsequent rounds after gaining initial successes, said an expert.

Chinese firm completes acquisition of IVS shares

Vietnam’s GDP rose by 7.31% in the third quarter of this year, contributing to raising the nine-month GDP to the highest level over the past nine years, signaling that Vietnam's economy can make a breakthrough.

Foreign investors’ trading on exchanges and net injecting/withdrawing value from the exchange-traded funds (ETFs) has a high correlation with a usual lag of one month. 

The Anti-Smuggling and Investigation Department has called on the Ministry of Industry and Trade and the Vietnam Chamber of Commerce and Industry to strengthen management over the issuance of certificates of origin to curb fraud.