While billions of dollars is spent annually importing auto parts for assembly at home, Vietnam exports a roughly equivalent value of spare parts for automobiles, motorbikes and motor vehicles every year.

Though Vietnam is considered to offer a strong potential for investments in startups, domestic investors are inexperienced in startup evaluation and foreign investors are discouraged by the complex legal environment, according to an expert.

Fifty percent of the cases of safeguard investigations, anti-dumping and anti-subsidy are filed against the steel industry.

The State Bank of Vietnam (SBV) has asked credit institutions and banks to impose limit on cash withdrawal at their automatic teller machines (ATMs) at night, in a bid to protect themselves and their clients.

Taiwan plans to shorten the visa waiver for Vietnamese visitors from a 30-day stay to 14 days, starting in August.

The HCM City government has announced that the selection of independent consultants for impact assessments of projects using official development assistance (ODA) and concessional loans in the 1993-2017 period exposed many shortcomings.

Nutrition and dairy-processing company NutiFood Vietnam entered the domestic instant coffee market today, August 22, with the launch of Nuticafé iced coffee.

Despite a reduction in the number of cars parked on roadways and sidewalks, the plan to impose higher charges on cars parked on roadways in HCM City remains ineffective as the revenue from fee collection has been lower than expected, reported the local media.

An art exchange program with the participation of Vietnamese artists and peers from 10 Asian countries such as India, Japan, the Republic of Korea, Myanmar, Singapore, and Thailand will be held at the Center of Art-Photography Exhibition in Hoan Kiem District of Hanoi City from August 26 to September 3, 2018.

Vietnam Motor Show 2018 (VMS 2018), which is slated to open in October, will display some 120 auto models, including new designs with the world’s latest technology, at the Saigon Exhibition and Convention Center in Ho Chi Minh City’s District 7.