HCM City: purchasing power rises sharply on National Day
HCM City: purchasing power rises sharply on National Day

The purchasing power in Ho Chi Minh City increased by up to 40 percent during the National Day occasion as many families spent the three-day holiday at commercial centres instead of travelling to far destinations.

HCM City: purchasing power rises sharply on National Day
‘Book building’ method may improve SOE equitisation
‘Book building’ method may improve SOE equitisation

The Ministry of Finance may use a “book building method” in selling the State’s holdings in State-owned enterprises (SOEs), Vu Bang, Chairman of the State Securities Commission, told local media. 

‘Book building’ method may improve SOE equitisation
Hong Kong no-frills carrier adds direct flights to Nha Trang
Hong Kong no-frills carrier adds direct flights to Nha Trang

Hong Kong budget airline HK Express is set to launch direct flights to Nha Trang city, the central coastal province of Khanh Hoa in November. 

Hong Kong no-frills carrier adds direct flights to Nha Trang
Tax refunds to be accelerated
Tax refunds to be accelerated

The tax watchdog is striving to increase the percentage of tax reimbursements processed through the “refund first, check later” regime, aiming to speed up refunds that would be beneficial for businesses, according to Le Thi Duyen Hai, Director of the Tax Declaration and Refund Department.

Tax refunds to be accelerated
Argentinean media highlights Vietnam’s economic growth
Argentinean media highlights Vietnam’s economic growth

Argentinean news website AcercandoNaciones has run an article highlighting the economic development of Vietnam and the opportunities to promote trade and investment between the two nations. 

Argentinean media highlights Vietnam’s economic growth
Boosting startup spirit among Vietnamese companies
Boosting startup spirit among Vietnamese companies

VOV.VN - 2016 is being observed as the National Year for Startups. This year the issue of startups is attracting the attention of the entire society. Vietnamese enterprises have strongly developed and made important contributions to national economic successes.

Boosting startup spirit among Vietnamese companies
Vietnamese fruit loses market share at home
Vietnamese fruit loses market share at home

Vietnam has many advantages for tropical fruits, but because of poor packaging, marketing and high prices, local fruits cannot compete with imported products. 

Vietnamese fruit loses market share at home
Vietnam utility cuts power purchases from China
Vietnam utility cuts power purchases from China

Vietnam Electricity refrained from buying electricity from China last month following a surge in domestic output.

Vietnam utility cuts power purchases from China
Vietnam licenses unit of Malaysian bank CIMB
Vietnam licenses unit of Malaysian bank CIMB

The State Bank of Vietnam has granted a license for Malaysia’s second largest lender CIMB to open a unit here, which will be the seventh fully foreign-owned bank in the country.

Vietnam licenses unit of Malaysian bank CIMB
EAEU-Vietnam FTA confirmed to take effect in October
EAEU-Vietnam FTA confirmed to take effect in October

The free trade agreement (FTA) between the Eurasian Economic Union (EAEU) and Vietnam will take effect on October 5, Minister for Trade at the Eurasian Economic Commission Board Veronika Nikishina has said. 

EAEU-Vietnam FTA confirmed to take effect in October
Major cities asked to prioritise social housing
Major cities asked to prioritise social housing

The Ministry of Construction has asked Hanoi and Ho Chi Minh City to formulate policies that promote social housing development amid a rising demand from citizens for products in this segment. 

Major cities asked to prioritise social housing
Major wood processing factory operational in Nghe An province
Major wood processing factory operational in Nghe An province

A major wood processing factory of Vietnam’s TH Group was inaugurated in the industrial park of Nghia Dan district, central Nghe An province, on September 3. 

Major wood processing factory operational in Nghe An province
TPP opens door for China and VN closer economic ties
TPP opens door for China and VN closer economic ties

VOV.VN - If the Trans Pacific Partnership (TPP) is ratified, it could open the door for China to forge closer economic ties with Vietnam, according to Texhong Textile Group, one of the world’s and China’ largest yarn suppliers.

TPP opens door for China and VN closer economic ties
Malaysian, Chinese businesses seek stronger partnerships
Malaysian, Chinese businesses seek stronger partnerships

Executives from 120 Malaysian businesses and 62 Chinese counterparts have sought opportunities to forge closer economic ties for the two countries. 

Malaysian, Chinese businesses seek stronger partnerships
Trade fair sparks interest of Japanese consumers
Trade fair sparks interest of Japanese consumers

VOV.VN - Vietnamese retail products sparked a lot of interest from Japanese consumers at a trade fair held September 2-4 at AEON LakeTown in Saitama Prefecture by the Ministry of Industry and Trade (MOIT).

Trade fair sparks interest of Japanese consumers
First UFC gym unveiled in HCMC
First UFC gym unveiled in HCMC

The first UFC Gym in Asia has been put into operation at Thao Dien Pearl in HCMC’s District 2.

First UFC gym unveiled in HCMC
Vietnam a rising retail market in Asia Pacific
Vietnam a rising retail market in Asia Pacific

Vietnam is emerging as a rising retail market within Asia-Pacific, according to real estate consultants JLL. 

Vietnam a rising retail market in Asia Pacific
Vietnam gov’t to sell US$7bn worth of stakes in 12 big firms
Vietnam gov’t to sell US$7bn worth of stakes in 12 big firms

Vietnam’s Prime Minister Nguyen Xuan Phuc has ordered the sale of state holdings in a dozen big-shot companies, a plan that experts estimate could boost government coffers by more than US$7 billion.

Vietnam gov’t to sell US$7bn worth of stakes in 12 big firms
Strong rise of new players in Saigon cinema market
Strong rise of new players in Saigon cinema market

The HCM City cinema market has become much more competitive with the closure of Galaxy Nguyen Trai, one of the most important cinemas of Galaxy Cinema, and the rise of several newcomers.

Strong rise of new players in Saigon cinema market
Vietnam says has enough coal for several centuries
Vietnam says has enough coal for several centuries

The country also plans to import more coal to meet domestic demand for electricity. 

Vietnam says has enough coal for several centuries
Vietnam attends Eastern Economic Forum in Russia
Vietnam attends Eastern Economic Forum in Russia

The second Eastern Economic Forum opened in the Russian city of Vladivostok on September 2, attracting nearly 2,500 delegates from Australia, China, India, Japan, the Republic of Korea, Singapore, the US and Vietnam. 

Vietnam attends Eastern Economic Forum in Russia
Vietnam imposes 38.34% duty on some Chinese steel imports
Vietnam imposes 38.34% duty on some Chinese steel imports

VOV.VN - The Ministry of Industry and Trade (MOIT) announced on September 1 that it has imposed preliminary duties on imports of plated steel sheets from China, whose steelmakers were slapped with a massive tariff.

Vietnam imposes 38.34% duty on some Chinese steel imports
Food and beverage expo brings high spirits to HCM City
Food and beverage expo brings high spirits to HCM City

VOV.VN - Food growers and manufacturers from across Vietnam are gearing up to display their latest products at an international food exposition this coming November at the Saigon Exhibition Convention Centre in Ho Chi Minh City.

Food and beverage expo brings high spirits to HCM City
Japan’s Orix to invest in Vietnam's hydropower market: report
Japan’s Orix to invest in Vietnam's hydropower market: report

Japan’s leasing firm Orix will invest in Vietnam's Bitexco Power in mid-September as it seeks to tap growing electricity demand in the Southeast Asian country, Nikkei Asian Review reported on September 1.

Japan’s Orix to invest in Vietnam's hydropower market: report
Firms with resumed operations rise sharply in eight months
Firms with resumed operations rise sharply in eight months

Businesses have put more confidence in Vietnam’s economic prospect, many economists said, pointing to the surge in the newly registered capital and the number of companies resuming operations between January and August. 

Firms with resumed operations rise sharply in eight months
Vietnam, Cuba end 2nd negotiation round on new trade deal
Vietnam, Cuba end 2nd negotiation round on new trade deal

Vietnam and Cuba made significant progress in their second negotiation round on a new trade deal after the four days of sitting in Hanoi, the Ministry of Industry and Trade (MoIT) said on September 1.

Vietnam, Cuba end 2nd negotiation round on new trade deal
Bac Lieu earns US$288 million from seafood exports
Bac Lieu earns US$288 million from seafood exports

The Mekong Delta province of Bac Lieu earned US$288 million from seafood exports in the first eight months of 2016, fulfilling 55% of its yearly target, but dropping nearly 5% compared to the same period last year. 

Bac Lieu earns US$288 million from seafood exports
Vietnam, India boost cooperation in potential fields
Vietnam, India boost cooperation in potential fields

Vietnam and India will boost cooperation in potential sectors like garment and textile, machinery, agriculture, and health and pharmaceuticals, according to Bui Trung Thuong, head of Vietnam’s trade mission in India. 

Vietnam, India boost cooperation in potential fields
Two biggest brewers’ State divestment to be completed within 2017
Two biggest brewers’ State divestment to be completed within 2017

The State capital divestment in the country’s two largest brewers Habeco and Sabeco will be completed by the end of 2017.

Two biggest brewers’ State divestment to be completed within 2017
Investors remain optimistic about Vietnam’s economy
Investors remain optimistic about Vietnam’s economy

Domestic and foreign investors are still keen on the Vietnamese market and have positive outlook about the country’s economy, according to a survey conducted by Grant Thornton Vietnam in the third quarter of 2016.

Investors remain optimistic about Vietnam’s economy
Domestic