vietnam business news

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Direct imports for pharma groups

The pharmaceutical market was aroused when French-invested Sanofi Vietnam received the certificate of eligibility for a pharmacy business from the Ministry of Health to directly import drugs to the country.

 

Da Nang calls for high-tech investments in the US

A delegation of Da Nang City People's Committee led by chairman Huynh Duc Tho is paying a visit to the US to call for investment.

 

Kien Giang wants to turn Phu Quoc into an island city

The authorities of the southern province of Kien Giang have asked for the government's approval for the setup of Phu Quoc City and Tho Chau Island District.

 

Vietnam Airlines revises down revenue goals for 2019

Vietnam Airlines Group has revised down the projected consolidated revenue for 2019 from $4.8 billion as set in the shareholders’ annual general meeting in May to $4.5 billion.

 

Overview of Vietnam's seafood export in July

Vietnam’s export of aquatic products in July showed positive signs with an increase of 9 per cent year-on-year, particularly with exports of shrimp and other products rising, except for pangasius.

 

Vietnam investigates anti-dumping plastic products

The Ministry of Industry and Trade (MoIT) has issued Decision No.2334/QD-BCT to launch an anti-dumping investigation into Biaxial Oriented Polypropylene (BOPP) film originating from China, Thailand and Malaysia.

 

Vietnam makes big leap in startup ecosystem ranking

In only two years, Vietnam has climbed to the third position among the six ASEAN countries enjoying the most active startup ecosystems, trailing behind only Indonesia and Singapore.

 

BUSINESS NEWS 21/8

Administrative red tape tangles up property firms

BUSINESS NEWS 20/8

Vietnam imports US$6.6 billion in textile-garment materials in H1

 

Competition rising in VN ice cream market

Ice cream is also a market where local and foreign brands are battling it out for market share.

Officials arrested, auto firm may not be listed in 2019

The recent arrest of former directors at the Vietnam Engine and Agricultural Machinery Corporation (VEAM) has derailed the company’s future business plan.

 

National Assembly mulls cutting road fees

The National Assembly (NA) Standing Committee has proposed removing the road maintenance fund and petrol price stabilisation fund.

 

Vietnam sees more investment opportunities from China’s BRI

Vietnam, together with some other Southeast Asian countries, is increasingly seeing investment opportunities related to China’s Belt and Road Initiative (BRI), two separate reports issued this month show.

 

Singaporean investors find gold in Vietnamese stock market

Singapore-based investors flock to the Vietnamese stock market as the country offers strong growth and safety against global volatilities.

 

Vietnam keeps goal of export value growth at 7.5 percent in 2019

The Ministry of Industry and Trade would not adjust its import and export goals despite current difficulties.

Golf course - resort model the way forward

Developers are moving towards a golf course - resort model as Vietnam eyes becoming a major golf tourism destination.

Japan - South Korea tensions may hit Vietnam: report

Vietnam's production and export activities as well as trade balance may suffer if Japan and South Korea can't settle their differences soon, according to VDSC report.

Local banks need to build on 1H results

Local banks posted notable results in the first half but a good second half is not a given.

China tightens veggie and fruit import requirements for Vietnam

Improving product quality and promoting exports through official channels are seen as a stable method of development for Vietnam's fruit and vegetables as China looks set to apply stricter requirements on fruit imports in the future.

 

Vietnam to host int’l aviation expo 2019 for first time

The year 2020 will mark 65 years of Vietnam`s civil aviation industry which has developed rapidly in the past decade with 10 airports capable of serving international flights and 12 domestic airports.