Experts have suggested the central bank should further loosen its monetary policy to reduce lending interest rates in a move to support businesses.
Imported steel must be sampled for quality inspection to be eligible for customs clearance, according to the Joint Circular No 44 issued by two ministries involved in the process.
VOV.VN - The EU was the biggest importer of telephones and electronics made in Vietnam in the first two months of this year, accounting for 32.1% of their total export revenue.
Vietnam’s export activities saw continued growth in 2015, and the many free trade agreements that the country has signed will further boost these activities for this year and the years to come.
Vietnamese investors are expecting more transactions from State-owned enterprises’ (SOE) equitisation rather than by private/family firm owners, Grant Thornton Vietnam’s latest survey said.
CJ Cooperation will remain running in the upcoming auction to become a strategic investor of Vietnam’s leading meat processor Vissan despite doubt over the Republic of Korea firm’s ability to satisfy all selection criteria.
The local cashew industry has seen a spike in cashew prices, marking a 10 year record high, mostly due to increasing global prices.
Debt-to-equity swaps may work in other territories as a solution to resolve soured debts, however, local experts do not recommend this method in Vietnam, despite the country’s towering bad debts.
The prices of RON 92 petrol and E5 bio-fuel increased VND670 and VND570 per litre, respectively, as of 4:30 p.m. on March 21.
VOV.VN - In line with their economic rise, emerging markets such as the Republic of Korea (RoK) have increased in importance over recent years – not only as destinations for foreign direct investment (FDI) – but as a source of investment as well.
Overseas investors are increasingly upbeat about the future of Vietnamese start-ups in the financial technology sector.
Experts predict that Vietnam will continue to be magnet for foreign investors this year, despite the context of sluggish global economic growth.
The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) will pick up a 49 percent stake in VASCO after committing to inject VND147 billion into the restructured carrier.
VOV.VN - FLC Group has unveiled that it has broken ground on a significant new development in the northern province of Quang Ninh.
Prime Minister Nguyen Tan Dung has approved calculation of petroleum import tax based on weighted average of the tariffs, taking into account Most Favoured Nation (MFN) status and Free Trade Agreement (FTA).
Improving labour productivity is now critical for Vietnam to boost gross domestic product (GDP) per capita to become an industrialised and upper-middle income nation in the next two decades.
VOV.VN - Hong Kong is the world’s eighth largest trading economy and one of Asia’s leading financial and business centres, said speakers at a recent seminar in HCM City informing local companies on trade opportunities.
The cost of building houses is expected to increase due to the recent rise in steel prices, which will in turn likely cause a spike in home purchase prices.
VOV.VN - Hoang Anh Gia Lai Group (HAGL) has invested additional US$230 million into the second phase of the HAGL Myanmar Center construction project in Yangon.
Condotels in Phu Quoc are becoming increasingly attractive to foreign investors because of their location in one of the hottest tourism destinations of Vietnam as well as the prestigious developers behind them.
Japanese investors are increasing their presence in Vietnam’s real estate sector by teaming up with domestic partners.
Supported by stable economic growth and the upturn of the market, Vietnam’s resort and hospitality segment is expected to see a surge in investment capital this year.
Drought and salt intrusion has worsened and damaged a large shrimp farming area in the Mekong Delta since the beginning of this year, causing material shortage for export processing plants.
Vietnamese people are spending three times as much money on food as they did in 2004, according to the General Statistic Office (GSO).
Japan is one of the key partners of Ho Chi Minh City in various fields from official development assistance (ODA) to investment and trade, a local official said.
Hanoi wants to step up cooperation with Japan in various fields, especially investment, trade and tourism, an official said at a workshop in the city on March 20 with the participation of 30 Japanese businesses.
VOV.VN-Vietnamese farm produce exports are predicted to thrive this year due to increased market demand and several free trade agreements Vietnam has signed.
State-controlled Gia Dinh Textile and Garment Company has sold more than 15 million shares, equivalent to a stake 24.28%, for over VND155.8 billion (US$6.89 million) in an initial public offering.
Authority in the central city of Danang is calling on private investors to join it in expanding a local port terminal for a cost estimate of VND4 trillion (US$177 million), local media have reported.
Helping farmers gain access to loans not only helps to reduce interest rates, but also lifts the technical barriers in credit programmes and improves their business competitiveness.