Sequal Holdings Limited from New Zealand will supply Radiata pine wood to VinaFor Saigon JSC in order to help the company’s manufacturing facilities reduce waste and inventory build-up.

The private sector was the main driver of growth for Vietnam in the first nine months this year, a conference held by the Central Institute for Economic Management (CIEM) heard in Hanoi on October 30.

Five precious Japanese paintings belonging to Japanese collector Ito Chihiro have been presented to the Museum of Vietnam History in Ho Chi Minh City.

The Vietnamese dong was expected to remain broadly stable against the US dollar over the remainder of 2019 and to be slightly weaker on average over 2020, buoyed by robust foreign direct investment (FDI) inflows, dollar purchases by businesses, and a healthy foreign reserve position, experts forecast.

Food and beverage and fashion and lifestyle will continue to drive demand in HCM City’s retail property market, according to real estate consultancies.

Vietnam’s machinery and equipment market has achieved solid growth in recent years and the momentum is expected to continue, making the country increasingly attractive to foreign investors, experts have said.

As coffee exports dropped in both volume and turnover in the first nine months of this year, the Ministry of Industry and Trade said improving product quality and brand development are key for coffee export growth.

Businesses and experts are still concerned over the impact on production of overtime hours that are not increased for seasonal jobs.  

The Ministry of Industry and Trade (MoIT) has decided to apply anti-dumping duties on some colour-coated steel products originating from the Republic of Korea (RoK) and China in the Vietnamese market.

Vietnam attracted US$29.11 billion in foreign direct investment (FDI) in the first ten months of 2019, up 4.3 per cent over the same period last year, the Ministry of Planning and Investment’s Foreign Investment Agency said on October 28.