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.

Deo Ca, Vinaconex, Tasco, Sungroup and Vingroup all hope to participate in implementation of the North-South Expressway project.

Instead of getting benefits from the US-China trade war as predicted, Vietnam’s garment companies are meeting difficulties as US importers are reconsidering business with Vietnam’s exporters.

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.

To attract more investment, especially from overseas, HCM City needs to renovate and reform its export processing zones (EPZs) and industrial parks (IPs), Tran Quang Truong, general director of Tan Binh Industry Park said.

Starting October 15, the Ministry of Finance is scheduled to disclose the disbursement data on a 15-day basis at http://mof.gov.vn.

Analysts warn that Vietnam will have to struggle to implement the rice export plan this year because many key markets have tightened control over imports.

The Ministry of Finance has announced a requirement for local carriers to quote fares that include all taxes and fees. The move is expected to end disputes among local airlines over ways of quoting airfares.

Jewellery, cosmetics, supplements, liquor, clothing and footwear sold online are among the Ministry of Industry and Trade’s (MoIT) targets in their upcoming campaign to fight contraband and counterfeit goods.

Vietnam is in the process of getting a licence to export avocado to the US, according to the Vietnam Trade Office in the US.

The market is on track to hit US$4 billion by 2025, becoming the fourth in the region, after Indonesia, Singapore and Thailand.

In March 2018, the policy on preferences in buying and selling duty-free goods was removed, and many sales at border economic zones (Ezs) then stopped.

The local steel industry is dealing with an increasing number of tax evasion and antidumping lawsuits in other countries, due to the allegedly fraudulent origins of steel exports, according to the Vietnam Steel Association (VSA).