Vietnamnet
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Economic performance praised by international institutions
International institutions agree that Vietnam’s economy is recovering strongly while seeing a bright outlook for its continued growth.
Vietnamese produce rubber, foreign-invested enterprises make tires
A well-developed automobile market, an abundant rubber supply, a cheap labor force and reasonable tax policies all help make Vietnam an attractive market for foreign tyre manufacturers.
Vietnam tycoons betting on agriculture sector
While big conglomerates have poured money into agricultural production projects, many of them cannot reap fruit.
Hanoi authorities plagued by music promoters littering the city
Hanoi authorities are struggling to deal with rising number of commercial posters and banners for music events littering the streets.
Chinese economic slowdown won’t have considerable impact on Vietnam
The decline of the Chinese economy will have a negative impact on Vietnam, but the impacts will be insignificant in the short term. Vietnam’s import/export activities will suffer the most, according to a Ministry of Planning and Investment’s report.
Vietnam may fail to realize its goal for Olympics 2016
Vietnam aims to get 18 official tickets to the 2016 Olympics but so far Vietnamese top athletes have just got three cards. The target seems to be too far to reach as the number of qualifying tournaments declines.
Foreign investors uninterested in buying bad debts
Foreign investors have been reluctant to buy Vietnam’s bad debts, after initial consideration.
NA deputies discuss Google, Facebook, Uber evading tax
National Assembly Deputies have urged the Ministry of Finance to check current laws on tax payment management for services provided across the border such as Facebook’s and Google’s.
Traditional groceries still financially powerful retail channel
Groceries still comprise 80% of Vietnam’s fast moving consumer goods (FMCG) sales, which shows they remain the most popular and powerful retail channel in Vietnam.
Commercial banks take an interest in seaports
VietinBank and VPBank, as the strategic shareholders of the Saigon Port, have representatives that belong to the port developer’s board of directors and supervision board.