The US Department of Commerce slapped heavy import duties on some steel products from Vietnam after it decided they originated in China, violating the US’s anti-dumping and anti-subsidy orders.
The US Department of Commerce (DOC) has announced preliminary affirmative rulings on corrosion-resistant steel (CORE) and certain cold-rolled steel flat products imported from Vietnam and produced from substrate originating in China.
All 11 lottery ticket companies in southern Vietnam have collectively channeled nearly VND1,000 billion (US$44.64 million) into sectors outside their main business, the Ministry of Finance’s inspectorate announced.
Core inflation this year could increase slightly to roughly 2% from 1.7% last year, the National Financial Supervisory Commission (NFSC) forecast.
The recent hacking accident at national flag carrier Vietnam Airlines rang the alarm for the local banking system, as many of its members have been keeping expenditure to modernize their Core Banking system to a minimum.
Domestic banks are struggling to compete with foreign banks, which are powerful in online payment technology, and with businesses applying online payment methods.
French mass retailer Casino Group has announced plans to sell its operations in Vietnam, including the large supermarket chain Big C, in an attempt cut debt and focus on core markets.
The managements of state-owned enterprises that fail to privatize and divest from non-core businesses as ordered this year face "strict" action, a government committee on the restructuring of SOEs said at a recent meeting in Hanoi.
Seventy-nine-year-old former Vietnamese commando Lam Son Nao still feels uncomfortable whenever he thinks about the moment he tried to recover 84 kilos of explosives that had been left near the USNS Core aircraft carrier.
The State-run Shipbuilding Industry Corporation (SBIC) is to restructure 152 subsidiaries in 2015, General Director Vu Anh Tuan revealed at a conference setting the year’s tasks on January 16.
(VOV) -Since its inception 15 years ago, the Laos-Vietnam Joint Venture Bank (LVB) has achieved an annual impressive growth rate of more than 30%, becoming one of the most successful banks in Laos.
A comprehensive plan to improve green spaces, parks and gardens in the capital city has been announced by the Hanoi People's Committee.
Electricity of Vietnam (EVN) plans to withdraw capital worth VND2.07 trillion (US$97.64 million) from seven non-core companies by 2015.
(VOV) - One of the key tasks for 2014 is focused on equitizing State-owned enterprises (SoEs) to push up economic restructuring.
(VOV) - The Government is committed to clamping down on corruption and strengthening the organisation and prosecution of big time cases in its bid to restore people’s trust.
(VOV) - HSBC’s monthly report predicts Vietnam’s GDP growth rate will only reach 5.1 percent in 2013, 0.4 percent lower than its previous forecast.
(VOV) - A core group has been set up in preparation for the establishment of the Vietnamese Students’ Association in Perth, Australia.
The Ministry of Information and Communications has urged the country’s largest telco VNPT to focus on its core business and tap its potential to stay profitable in the increasingly competitive market.
(VOV) - Prime Minister Nguyen Tan Dung has asked leading economic groups and State corporations to accelerate the equitisation process to improve its operational efficiency.
It is estimated that the State needs to double its annual Investment in sci-tech research to meet national development requirements. The question is how to mobilise such a huge source of capital?