From now until the end of the year, total public debt could reach VND3,000,000 billion (US$134.5 billion) and each Vietnamese will shoulder an additional VND4 million (nearly US$180) of public debt.
The Finance Ministry has proposed ending a long-running policy that grants import tariff and value-added tax exemptions to cars imported by Overseas Vietnamese when they return to Vietnam to live or work.
VOV.VN -The global tea markets prefer mass-produced teas that are standardized in quality and taste, said speakers from the Ministry of Industry and Trade (MOIT) at a recent business forum in Hanoi.
VOV.VN - After years of national and local debate, Vietnam has approved the country’s first wind farm in Ninh Thuan Province – an important step in catching up with energy developments in other parts of the globe.
In the past few years the south of Phu Quoc island has become an investment hot spot, attracting real estate projects to Bai Khem and Mui Ong Doi beaches, the trans-sea cable system, and Hon Thom sea entertainment complex, with the total investment of VND20 trillion (US$940 million).
More than 100 startup projects across Vietnam are introduced at an annual startup event that kicks off in Ho Chi Minh City on August 27.
The Vietnam Online Marketing Forum was held in Hanoi on August 26 with the purpose of fostering the development of the market, boosting e-commerce and helping businesses optimise this channel.
Vietnam is participating more extensively in international economic integration activities, thus helping expand the country’s foreign trade, heard a conference on the country’s international integration in Hanoi on August 26.
Finance Minister Dinh Tien Dung promised to push forward with substantive reforms at a session on August 26 with a working group assigned by the Prime Minister.
The European – Vietnam Free Trade Agreement (EVFTA) would promote the flow of high-quality investments from the EU into the country with commitments on goods and services market access, the opening of Government procurement, investment policies and policy transparency.
Vietnam exported 432,000 tonnes of rice for US$191 million in August, bringing the total volume and value in the first eight months of this year to 3.37 million tonnes and US$1.51 billion.
The State Audit Office of Vietnam (SAOV) has announced the official figure of the 2014 public debt at more than US$102.7 billion, yet hinting that it might have reached higher than that.
VOV.VN - Vietnam has returned to most favoured nation in ASEAN for US businesses operating in the region, after conceding the title to Indonesia for the past two years, according to the 2017 ASEAN Business Outlook Survey (ABOS).
VOV.VN - Agriculture, forestry and fishing exports for the eight months leading up to September of 2016 have jumped 5.6% on-year to US$20.6 billion, according to the latest statistics from the Ministry of Agriculture and Rural Development.
Vietnamese and Austrian enterprises attended a business-to-business platform in Austria on August 23 to seek partners in the fields of clean energy, banking, telecommunications and garments, as well as food.
VinaCapital Group is partnering with the Republic of Korea's Shinhan BNP Paribas Asset Management (Shinhan) to provide investment products to Shinhan's clients in Korea, enabling them to participate in Vietnam's growing economy.
VOV.VN - The Craft Fair Hanoi, August 26-29, has opened at the Thang Long Royal Citadel in Hanoi showcasing hundreds of fine art and handicraft items in roughly 200 booths spanning a 2,000 square metre exhibition area.
VOV.VN - The recent acquisition of the remaining 30% stake in Driftwood Dairy Inc., one of California’s largest processors of milk and dairy products based out of the City of El Monte, by Vinamilk is a textbook example of how to enter a foreign market.
The General Department of Vietnam Customs has targeted reducing customs clearance time for exports and imports to 10 days and 12 days, respectively this year.
The Directorate for Roads of Vietnam has proposed the Ministry of Transport inspect fee collection at the toll station on Phap Van-Cau Gie expressway, the southern gateway to Hanoi, to prevent loss of fees.
Foreign Direct Investment (FDI) hit US$14.36 billion in the first eight months of this year, up 7.7% year on year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
Rents of hundreds of millions of dong a month have forced many coffee chains to leave the market.
Vietnam's rice exports will enjoy a zero percent tariff to the European Union from 2018.
Local firms are worried that the tax spotlight could be turned on them.
The director of an agriculture firm in Ho Chi Minh City has accused a local bank of allowing employees to abet scammers in draining more than US$1 million from her account without consent.
Considered a lucrative market with value worth of up to billions of dollars, the seed market can only attract five to six Vietnamese companies, leaving openings for foreign seed companies.
Japanese insurer Tokio Marine Holdings plans to add agricultural, auto and life insurance policies to its offerings in Vietnam, the Nikkei Asian Review reported on August 25.
Exporters should carefully check the background of new customers and the terms before signing export contracts, a conference on risk management in international trade heard from bitter business executives.
A seminar on strengthening public-private partnership (PPP) took place in Hanoi on August 25, attracting representatives from ministries, agencies and 100 businesspeople.
A future national industry policy should work to sustain the national economy’s self-reliance and enable sectors’ effective participation in global production and distribution chains, heard a seminar in Hanoi on August 28.