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Vietnam earns two medals in Asian Petanque Championships

 Vietnam have taken one silver and one bronze medal in the technique category on the first day of the 2017 Asian Petanque Championships which is taking place in Thailand’s capital of Bangkok on December 10-11.

Gov’t issues regular meeting resolution for November

The Government tasks ministries, agencies, and localities to spare no effort to fulfil the set targets; accelerate the administrative reform; boost production and business activities; and strive for socio-economic development norms.

Infrastructure vital for foreign investment attraction

 Infrastructure plays a key role in whether foreign investors decide to make an investment in Vietnam or not, heard a conference on infrastructure development in HCMC on December 7.

WB: Growth projected to stabilize in medium term

 The pace of Vietnam’s growth is expected to increase to 6.7 per cent this year, according to Taking Stock, the World Bank’s bi-annual economic report on Vietnam, released on December 11.

Vietnam’s oil exploitation exceeds set plan

 The Vietnam National Oil and Gas Group (PVN) produced 14.27 million tonnes of oil during January-November, exceeding its set plan of 2.6 percent.

BSR offers 49 percent to strategic investors

Investors interested in becoming strategic investors of Binh Son Refining and Petrochemical Company Limited (BSR) are offered to buy a maximum of 1.52 billion shares, equalling 49 per cent of the chartered capital.  

Enterprises plagued by unclear tax and fee regulations

 While the Vietnamese government is making great efforts to improve the country’s business and investment climate, unclear tax- and fee-related regulations are tormenting local firms planning to expand.

Gov’t regulation offers golden opportunity for local auto production

Under a new decree, used auto imports will have no way to enter Vietnam because of high tariffs and strict requirements on maintenance services, creating a golden opportunity for domestic automobile manufacturers.

Young Vietnamese opt for vocational training

 Statistics provided by the General Directorate of Vocational Training indicate that 70% of vocational trainees have found jobs immediately after graduation.

Busting out newest tech to aid Vietnam’s turn towards the sun

 As Vietnam takes strong steps to develop its solar energy market, GE is bringing in advanced technology solutions to help the country unlock its solar potential.

Enterprises plagued by unclear tax and fee regulations

 While the Vietnamese government is making great efforts to improve the country’s business and investment climate, unclear tax- and fee-related regulations are tormenting local firms planning to expand.

WTO foreign ministers convene 11th conference

 The 11th World Trade Organisation (WTO) Ministerial Conference opened in Buenos Aires, Argentina on December 10 with the participation of more than 400 delegates from 164 member countries.

Vietnam’s car sale unlikely to meet yearly target

 Car sales during January-November of this year fell 10 percent year on year to 244,670 units, despite a pickup in November.

Investors hunt for shares in beer companies

VietNamNet Bridge - Sabeco holds the largest market share, but it is Heineken which dominates the Vietnamese beer market. 

Hanoi halts street paving project

 Chairman of the Hanoi People’s Committee, Nguyen Duc Chung, has decided to halt a project of paving local streets with natural stones.

Anti-corruption moves receive society’s compliments

 The arrest of Dinh La Thang, former Chairman of the Member Council of PetroVietnam (PVN) drew public attention, with widespread support for the anti-corruption efforts of the Party and its General Secretary Nguyen Phu Trong.

Hanoi’s $4b smart city project begins in 2018

The smart city project along the Nhat Tan-Noi Bai route with investment equal to US$4 billion is expected to begin construction in the first quarter of next year.

Transparency must be improved in SOE equitisation to attract strategic investors

 Transparency in the equitisation of State-owned enterprises (SOEs) must be enhanced to attract foreign strategic investment in the process, experts said.

Doubts persist over E5 fuel sales

 Southern cities and provinces are ready to switch from the RON92 grade petrol to E5 biofuel starting next year, but concerns remain over its pricing and consumer preference.

VN’s 2018 economic prospects look up

 In their latest report, experts at the Australia and New Zealand Banking Group (ANZ) are optimistic about Viet Nam’s 2018 economic situation.