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Railway investment lags far behind road expenditures
The modest investment in railways in the last 100 years, as well as high management costs and ticket prices have pushed the railway sector into an impasse.
Six inspection teams set up for food safety in Tet holidays
Head of the Vietnam Food Administration (VFA) under the Ministry of Health Dr. Nguyen Thanh Phong on December 27 said that six inspection teams will be set up for food safety in Tet holidays (the Lunar New Year) and festive season 2017.
Vietnam’s pharmacy industry attractive to foreign investors
Pharmacy firms are making good profits, with the market expecting a stable growth rate of 10%-15%.
Hot cash flow in the real estate market in 2017
A report of the State Bank’s HCMC Branch showed that 22% of overseas remittances goes to the real estate sector, 72% to production and business and the remaining to other fields.
Food processing industry in Mekong Delta still not attracting investors
Though it is the country’s biggest granary and fishery area, exporting $30 billion worth of products each year, the Mekong Delta still cannot attract major investments.
How high is the petroleum consumption in Vietnam?
The Ministry of Industry and Trade has said that it could not find exact statistics about the annual consumption of petroleum products in Vietnam when it was drafting the program on the crude oil and petroleum product storage system.
2017 to be good year for Vietnam economy: analysts
Economists say that 2017 is expected to be an auspicious year for Vietnam’s economy, with few signs of uncertainties.
Waterways transport potential remains untapped
Vietnam still cannot take advantage of its 3,200 kilometers of coastline, 6,500 kilometers of rivers, 126 river ports, 2,300 passenger ports and 4,800 berths.
Ministry imposes safeguard duties on steel imports
The Ministry of Industry and Trade (MoIT) has conducted a review and is making preparations for imposing safeguard duties on steel imports, after 18 domestic steel manufacturers called for assistance.
Vietnamese shop on Facebook, state cannot collect tax
Trade carried out on Facebook has boomed over the last few years, but the State still has no way of collecting tax on the activities.