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Cement export tax burdens domestic firms
The imposition of 5% export tax on cement is weighing down the industry, which has been facing a severe surplus of supply over demand in the local market.
Ministry proposes green protection fuel tax hike
The Ministry of Finance wants to increase environmental protection tax on petrol and oil to ensure sufficient budget collection, as the country has to cut import taxes to fulfil international commitments.
Pepper farmers urged to keep calm and carry on
Industry leaders have called on distraught and anxious pepper farmers to remain calm and refrain from selling their produce at low prices, saying the current price plunge is most likely a fleeting phenomenon.
Central bank maintains flexible forex regime
In the first four months of the year, the trade deficit was at quite high at around US$2.8 billion.
Huynh wins rapid event at Chinese Chess champs
Lai Ly Huynh lost his only match in the National Chinese Chess Team Championships’ blitz event, but it did not stop him from retaining the men’s title on May 28 in Danang City.
HCM City take top spot in muay tourney
Hosts HCM City topped the table in the National Muay Thai Championships, which concluded on May 27.
Nam loses in Singapore F1’s semis
Ly Hoang Nam failed to progress in the Singapore F1 Men’s Futures in both the singles and doubles events.
Vietnam firms eye untapped foreign markets
The Vietnam Trade Promotion Agency held a workshop in the capital on May 25 on trade promotion to the Middle East and Africa, which followed a conference on South American trade promotion on May 24.
Local consumer trends changing significantly
A forum on “Vietnam’s consumer trend in 2017” was held in Hanoi on May 25 to discuss changes in consumption habits and how to promote the sustainable development of consumer goods in Vietnam.
Vietnam’s agriculture needs sustainable solutions
To achieve sustainable development, Vietnam’s agriculture sector needs to improve productivity and quality as well as define the market structure for each farming product, experts said at the Vietnam agricultural outlook conference on May 24 in Hanoi.