Ministry of Transport cracks down on taxi firms
Ministry of Transport cracks down on taxi firms

 The Ministry of Transport has required the Hanoi and HCM City transport departments to promote management, inspections and penalisation of under nine-seat automobiles under transport contracts, Uber taxi and Grab taxi. 

Ministry of Transport cracks down on taxi firms
Vietnam, Thailand win bid to supply rice to Philippines
Vietnam, Thailand win bid to supply rice to Philippines

Vietnam and Thailand have won a bid to supply 250,000 tonnes of rice for the Philippines at US$424.85 per tonne, US$0.15 lower than the set reference price of US$425. 

Vietnam, Thailand win bid to supply rice to Philippines
Vietnam contingent heads to China-ASEAN Expo
Vietnam contingent heads to China-ASEAN Expo

VOV.VN - The China-ASEAN Expo (September 11-14) is shaping up to be the largest and most robust since its inception, the Ministry of Industry and Trade (MOIT) announced at a press conference on September 1 in Hanoi.

Vietnam contingent heads to China-ASEAN Expo
Sugar millers attempt to manipulate prices, pocket millions
Sugar millers attempt to manipulate prices, pocket millions

VOV.VN - Sugar consumption in Vietnam has for decades far outpaced domestic production with the nation relying on imports to bridge the deficit between supply and demand, said the Vietnam Sugar Association as a recent business forum.

Sugar millers attempt to manipulate prices, pocket millions
Prachin Buri unveils campaign to promote local businesses
Prachin Buri unveils campaign to promote local businesses

The Department of Business Development in Prachin Buri has unveiled a new campaign to help promote local businesses. 

Prachin Buri unveils campaign to promote local businesses
US Ambassador awards start-up projects in Vietnam
US Ambassador awards start-up projects in Vietnam

US Ambassador to Vietnam Ted Osius presented awards for start-up projects in Hanoi on August 31.

US Ambassador awards start-up projects in Vietnam
Hanoi ranks third in FDI attraction
Hanoi ranks third in FDI attraction

Hanoi ranked third among localities nationwide in attracting foreign direct investment (FDI), heard a conference held by the municipal People’s Committee in Hanoi on August 31.

Hanoi ranks third in FDI attraction
Remittance to HCM City hit nearly US$2.9 billion
Remittance to HCM City hit nearly US$2.9 billion

VOV.VN - Foreign remittances to Ho Chi Minh City in the first 8 months of this year through official channels are estimated at US$2.85 billion, up nearly 6% against the same period last year. 

Remittance to HCM City hit nearly US$2.9 billion
Many foreign investors keen on Saigon Silicon City
Many foreign investors keen on Saigon Silicon City

Many foreign high-tech enterprises, most of them from Silicon Valley in the US, have shown interest in investing in the Saigon Silicon City project being developed at Saigon Hi-Tech Park (SHTP) in HCMC’s District 9.

Many foreign investors keen on Saigon Silicon City
Startups rise in first eight months
Startups rise in first eight months

The number of newly established firms in January-August has jumped 19.7% year-on-year to more than 73,400, according to the Business Registration Agency under the Ministry of Planning and Investment.

Startups rise in first eight months
Which model will replace line ministry of state-owned enterprises?
Which model will replace line ministry of state-owned enterprises?

In September the Ministry of Planning and Investment (MPI) will submit a proposal to the government concerning the formation of an agency responsible for managing and overseeing state capital and assets in enterprises.

Which model will replace line ministry of state-owned enterprises?
Forbes Asia lists Vinamilk among Asia’s largest public companies
Forbes Asia lists Vinamilk among Asia’s largest public companies

Vietnam’s dairy giant Vinamilk has been named among Asia’s largest publicly traded companies by Forbes Asia magazine, known collectively as Fab 50.

Forbes Asia lists Vinamilk among Asia’s largest public companies
E-commerce growth stumbles as some websites close
E-commerce growth stumbles as some websites close

Lingo.vn, the Vietnamese e-commerce website which announced its ambitious plan to become No 1 in online sales, has shut down. 

E-commerce growth stumbles as some websites close
OV professionals keen to return home: survey
OV professionals keen to return home: survey

70% of overseas Vietnamese professionals are interested to return home to work, according to a recent survey by recruitment firm Robert Walters.

OV professionals keen to return home: survey
Abbott completes acquisition of Glomed in Vietnam
Abbott completes acquisition of Glomed in Vietnam

Abbott, the global healthcare company, announced today that it has acquired Glomed Pharmaceutical Co., Inc (Glomed), a leading Vietnamese pharmaceutical manufacturer.

Abbott completes acquisition of Glomed in Vietnam
Vietnam records US$2.45 bil trade surplus in 8 months
Vietnam records US$2.45 bil trade surplus in 8 months

Vietnam enjoyed a trade surplus of US$2.45 billion in the first eight months of this year, a report from General Statistics Office (GSO) has revealed.

Vietnam records US$2.45 bil trade surplus in 8 months
Vietnam Airlines adds more flights during National Day
Vietnam Airlines adds more flights during National Day

The national flag carrier Vietnam Airlines said that it will increase domestic flights during the National Day holiday from September 2 to 4.

Vietnam Airlines adds more flights during National Day
Equitisation plans of 48 SOEs receive approval
Equitisation plans of 48 SOEs receive approval

A total of 48 State-owned enterprises, including six corporations, had their equitisation plans approved as of August 20.

Equitisation plans of 48 SOEs receive approval
Coal investments to be reduced
Coal investments to be reduced

The total capital demand of the domestic coal sector by 2030 would be around VND269 trillion (US$11.9 billion), 2.5 times less compared with the previous master plan.

Coal investments to be reduced
Thirteen car brands on display at VMS 2016
Thirteen car brands on display at VMS 2016

Thirteen car manufacturers with the latest models and technologies of various categories, from private cars to commercial vehicles, will be showcased at the Vietnam Motor Show (VMS) 2016. 

Thirteen car brands on display at VMS 2016
SMEs struggle to access credit
SMEs struggle to access credit

While support to enable firms to engage in global value chains has become pressing amid rapid international integration, businesses are still struggling to access credit, especially small- and medium-sized enterprises (SMEs), according to the Ministry of Industry and Trade. 

SMEs struggle to access credit
Vietnam works on corporate governance code
Vietnam works on corporate governance code

Vietnam is developing a corporate governance code for listed firms in order to help local firms attract more capital and make them more competitive in an environment of increasing regional economic integration. 

Vietnam works on corporate governance code
‘Green’ products to be exempt from export tariff
‘Green’ products to be exempt from export tariff

The State will exempt export tariff for environmental-friendly products while the export tariff on some other products will be reduced by half, according to the Circular 128/2016/TT-BTC. 

‘Green’ products to be exempt from export tariff
Japanese aquaculture firms eye Vietnamese market
Japanese aquaculture firms eye Vietnamese market

Miyagi prefecture of Japan will assist local enterprises specialising in producing and processing aquatic products to make inroads into the Vietnamese market.

Japanese aquaculture firms eye Vietnamese market
Inefficiencies seen as crippling tuna exports
Inefficiencies seen as crippling tuna exports

VOV.VN - For the seven months leading up to August, tuna exports of Vietnam remained static due to low demand from its major markets amid higher worldwide prices, says the Vietnam Association of Seafood Exporters and Producers (Vasep).

Inefficiencies seen as crippling tuna exports
Hanoi to speed up ADB-backed projects
Hanoi to speed up ADB-backed projects

Hanoi will speed up the progress of Asia Development Bank (ADB)-funded projects, Chairman of the municipal People’s Committee Nguyen Duc Chung told Country Director of the bank in Vietnam Eric Sidgwick at a meeting in Hanoi on August 30. 

Hanoi to speed up ADB-backed projects
Government approves 5-year investment boost
Government approves 5-year investment boost

Three mega programmes covering agricultural restructuring, fisheries and forestry development and disaster prevention have been allocated VND640 trillion (US$29 billion) in a five-year investment boost approved in a government resolution recently.

Government approves 5-year investment boost
Inter-bank rates hit record low
Inter-bank rates hit record low

 Following the continuous decline over the past weeks, inter-bank rates across all tenors hit a record low, staying at below 1% per year.

Inter-bank rates hit record low
Exports hit US$112.19 billion in eight months
Exports hit US$112.19 billion in eight months

VOV.VN - The country’s exports in August are estimated at US$15.2 billion, up 2% against the previous month, according to the General Statistics Office of Vietnam (GSO).

Exports hit US$112.19 billion in eight months
Rubber industry losses continue
Rubber industry losses continue

The figures released by the General Department of Customs (GDC) show significant problems for Vietnam’s rubber industry: the more it exports, the less money it gets.

Rubber industry losses continue
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