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Auto firms ask to lower component import taxes
High import taxes on auto components and parts, packaging and logistics expenses are major reasons behind locally-assembled cars costing 10-20% higher than imports from Thailand and Indonesia.
Ornamental fish export revenue up
HCM City earned more than US$11.5 million from exporting 9.3 million ornamental fish in the first half of the year, a rise of 25% in output and a surge of 52% in revenue over the same period, according to the municipal Department of Agriculture and Rural Development.
Vietnam ditching leather for e-wallets
Electronic wallet (e-wallet) services are becoming more popular in Vietnam, with a number of new e-wallet services officially licensed in the last year and a half.
Nam wins Thailand F3 Futures
Vietnam’s top tennis player Ly Hoang Nam won the men’s singles title of the Thailand F3 Men’s Futures tennis tournament on June 24.
Nam beat Edward Bourchier at Thailand F3 event
Vietnam’s top tennis player Ly Hoang Nam defeated Edward Bourchier of Australia 6-2, 6-2 in the second round of the Thailand F3 Futures tennis tournament on June 21.
Vietnam take second win at world championship
Vietnam beat Azerbaijan 2.5-1.5 in the fifth round match of the FIDE World Women’s Team Championship on June 21 in Russia.
Thien loses singles, stay to play doubles
Nguyen Hoang Thien was ousted from Thailand F3 Men’s Futures tennis tournament after losing to the hosts’ Teeradon Tortrakul on June 20.
New decree to help rice exporters
The Ministry of Industry and Trade is drafting a decree to remove bottlenecks for domestic rice exporters, especially small-and medium-sized enterprises (SMEs).
PM urges Vinatex reform
Prime Minister Nguyen Xuan Phuc has urged the Vietnam National Textile and Garment Group (Vinatex) to undertake comprehensive reform to develop its production and business.
Domestic, foreign firms eye online retail sector
Online retail is expected to continue increasing, as domestic and foreign retail companies are planning to invest heavily in this field.