Economy

Ministry seeks investors for North-South Expy project

Friday, 29 December 2017 11:57

Ministry seeks investors for North-South Expy project The Ministry of Transport has issued a decision calling for public-private partnership (PPP) investment totaling nearly VND104.1 trillion (US$4.58 billion) in eight sections of the North-South Expressway in 2017-2020.
 

Russian auto makers to enter Vietnam

Thursday, 28 December 2017 13:08

Russian auto makers to enter Vietnam Russian auto makers will join hands with Vietnamese partners to set up manufacturing companies in Vietnam, as part of an amended protocol signed between the two governments in Hanoi on December 27.
 
 

Proposal to grow Japanese garlic on Ly Son Island rejected

Wednesday, 27 December 2017 09:42

Proposal to grow Japanese garlic on Ly Son Island rejected Authorities in Quang Ngai have turned down a proposal by Japanese firms to grow Japanese elephant garlic on the local island of Ly Son.
 
 

VNPT to auction shares in five companies

Wednesday, 27 December 2017 09:39

VNPT to auction shares in five companies The Vietnam Posts and Telecommunications Group (VNPT) has announced the auction of shares in five of its companies, with earnings estimated at more than VND1 trillion ($44.05 million).
 
 

Rice exports beat low expectations in 2017

Tuesday, 26 December 2017 11:32

Rice exports beat low expectations in 2017 Contrary to pessimistic forecasts earlier in 2017, after a drop in 2016, the country’s rice exports had a successful year in 2017, with some higher-than-expected figures.
 
 

New chairman appointed to PetroVietnam

Monday, 25 December 2017 12:41

New chairman appointed to PetroVietnam The Politburo has appointed Tran Sy Thanh, party secretary of Lang Son Province, as the new chairman of PetroVietnam Group after its former leaders were arrested.
 
 

After Alibaba, Amazon to arrive in Vietnam

Saturday, 23 December 2017 13:28

After Alibaba, Amazon to arrive in Vietnam Amazon is pursuing a two-step strategy to enter the Vietnamese e-commerce market.   
 
 

Tax authorities again seeks power to investigate tax issues

Friday, 22 December 2017 12:57

Tax authorities again seeks power to investigate tax issues Despite previous refusals, the General Department of Taxation has once again proposed that it gain the powers of investigation and prosecution, triggering business concerns over tax pressures and transparency.
 
 

RoK imposes anti-dumping duties on VN alloys

Thursday, 21 December 2017 11:16

RoK imposes anti-dumping duties on VN alloys The Korean Ministry of Strategy and Finance (MOST) has decided to impose anti-dumping duty on Ferro-Silico-Manganese alloys (HS code: 7202.30.0000) imported from India, Viet Nam and Ukraine.
 
 

Ministries mull over easing automobile import rules

Wednesday, 20 December 2017 11:44

Ministries mull over easing automobile import rules As expected by foreign automobile manufacturers, Vietnam is considering delaying the effective date of Decree No.116/2017/ND-CP for possible revisions to ease import rules.
 
 

PM urges better logistics for fruit, vegetable exports

Tuesday, 19 December 2017 11:06

PM urges better logistics for fruit, vegetable exports Prime Minister Nguyen Xuan Phuc has asked the Mekong Delta region to improve logistics to increase fruit and vegetable exports to global markets.
 
 

Vietnam’s logistics costs make up 20.8% of GDP

Monday, 18 December 2017 08:54

Vietnam’s logistics costs make up 20.8% of GDP Vietnam’s logistics costs remain high, equivalent to over 20% of GDP while these costs account for between 9% and 14% of GDP in developed countries, according to the Vietnam Logistics Association.
 
 

Allow full foreign ownership at public firms: experts

Saturday, 16 December 2017 11:28

Allow full foreign ownership at public firms: experts The new law on securities should allow full foreign ownership at public companies and investment funds, according to members of the Viet Nam Business Forum’s (VBF) working group on capital market.
 
 

Vietnam Airlines to add 1,100 flights for Tet

Friday, 15 December 2017 11:35

Vietnam Airlines to add 1,100 flights for Tet Vietnam Airlines will offer 1,100 more flights to meet travel demand during the upcoming Lunar New Year (Tet) holiday.
 
 

Businesses ask PM for transparency, fewer rules

Thursday, 14 December 2017 11:24

Businesses ask PM for transparency, fewer rules Prime Minister Nguyen Xuan Phuc pledged the Government would continue to improve the business climate for the private sector to thrive, stressing their critical role in national growth.
 
 

Vietnam’s oil exploitation exceeds set plan

Tuesday, 12 December 2017 11:30

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.
 
 

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