vietnam business news

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Eco-fuel and plastic bags face sluggish consumption in Vietnam

Traders of E5 biofuel and biodegradable plastics bags are calling for government incentives to encourage the use of such products.

Trade wars, quarterly earnings to keep VN stocks down in September

The market sentiment will remain lateral in September weighed down by global economic and political tensions while trading quiet amid speculations of Q3 corporate earnings.

 

Working hour reduction to create more difficulties: expert

The reduction of working hours from 48 hours per week to 44 hours will create difficulties for textile and garments enterprises, according to one leading expert.

 

Vietnam's GDP revised upwards by massive 25.4% for 2011-2017 period

Vietnam’s total gross domestic product (GDP) may increase by 25.4 per cent per year for 2011-17 period after calculation is revised.

EU enhances inspections on Vietnam’s agricultural products from Sept 1

The European Union (EU) began strict phytosanitary inspections on agricultural imports, including those originating from Vietnam, from September 1, according to the Plant Protection Department.

 

BUSINESS NEWS 3/9

HCM City seeks public-private partnership in infrastructure developmen

 

Vietnam boosts fight against illegal timber products

Accountability will be key for all importers and all wood products. 

VN land market an urgent requirement

The country was urged to complete the land market to meet requirements and ensure development, experts said.

 

Tax authority proposes to erase VND12 trillion irrecoverable debts

The General Department of Taxation (GDT) has proposed to erase VND12 trillion (US$515 million) out of total VND30 trillion irrecoverable tax debts.

 

HCM City to combat laundering in real estate

The Ho Chi Minh City Department of Construction (DoC) has asked real estate companies, brokers and trading floors in the city to strengthen preventive measures against money laundering and terrorist financing.

 

BUSINESS NEWS 2/9

Tra fish export continues downward trend

Vietnam's three top travel agencies to equitise soon

Three leading travel agencies in Vietnam, which own a range of luxury hotels, look set to equitise by the end of next year.

 

BUSINESS NEWS 1/9

Vietbuild Hanoi 2019 to open next week

 

Vietnam attracts $22.63 billion of FDI in eight months

Vietnam recorded $22.63 billion of foreign direct investment (FDI) registered in the first eight months of 2019, equivalent to 92.9 percent of the figure in the same period last year, according to the Foreign Investment Agency.

 

VN central bank warns credit institutions over rate hikes

The State Bank of Vietnam (SBV) said it will closely monitor interest rates offered by credit institutions and take measures to strictly handle violations of the law, including cutting credit growth targets.

 

Traditional taxi firms demand equal treatment with ride-hailing apps

Traditional taxi companies have demanded that app-based taxis with less than nine seats should be treated the same as them to “ensure fairness, transparency and the same responsibilities towards customers.”

 

Ministry of Industry to propose credit package to help car companies drive forward

The Ministry of Industry and Trade will propose to build a credit package of 100 trillion VND (4.4 billion USD) for developing the support industry for industrial sectors, especially automobile production.

 

BUSINESS NEWS 31/8

EVFTA to boost intellectual property in Vietnam

 

BUSINESS NEWS 30/8

Over $73.2 mln to develop hi-tech agriculture projects in Binh Phuoc

Quality management and traceability to increase fruit exports

Vietnam’s fruit export value in 2018 reached nearly US$4 billion, with fruits sent to big markets like the US, Europe and Japan.