The agricultural sector is expected to grow 2.21% in 2015, a drop of 1.4% over 2014 and the lowest rise in five years, said Nguyen Thi Hong, head of the Agriculture and Rural Development Ministry’s Planning Department, at a press conference in Hanoi on November 4.
The Government is on track to settle its bad debts and cross-ownership, under a scheme to restructure credit institutions from 2011 to 2015.
The Investigation Police Agency under the Ministry of Public Security on November 3 launched criminal proceeding against and arrested Tran Van Khuong, former chief accountant of the Vinashin Ocean Shipping Company (Vinashinlines).
(VOV) - Retail Asia Publishing and Euromonitor International Ltd has unveiled top 500 leading retailers in the Asia-Pacific region in 2015 and honoured local phone retailer The Gioi Di Dong (Mobile World Co. Ltd.) as Vietnam’s top ten retailers in the field of electronics and mobile communications.
(VOV) - Vietnam is the top shrimp supplier for Germany, accounting for 18.4% of Germany’s total shrimp import revenue, according to the International Trade Centre (ITC).
(VOV) - AEON Mall Long Bien welcomed 170,000 visitors last weekend, Shigeru Furuki, general director of AEON Mall Long Bien told the press.
Vietnam Airlines and the other shareholder of Jetstar Pacific have pledged to continue investment in the low-cost carrier, after it reported a profit for the first time in three years.
Vietnamese steel maker Hoa Sen Group has confirmed its intention to take over a mammoth steel project in the central province of Quang Ngai after the original Taiwanese investor withdrew from it nearly ten years ago, local media reported.
Priced at slightly above the selling prices of Chinese goods and better in quality, Thai consumer products have dislodged Chinese goods out of Vietnam and competed fiercely with Vietnamese products.
Shares in Vinamilk, the country's biggest listed firm, hit a lifetime high on November 3 after local media said drinks maker Fraser and Neave Ltd plans to buy the state's 45% stake in a US$4 billion deal.
Companies in HCM City are devising new strategies and focusing on product research and development to prepare for the Trans-Pacific Partnership (TPP) trade agreement, which will take effect by 2017.
Businesses expect further improvements in customs clearance to promote management efficiency while creating convenience in cross border trade, a conference heard on November 3.
Monday adjustment of China's yuan is yet to impact Vietnamese businesses, experts said.
Vietnam Cycle 2015 will take place from December 2 to December 5, in HCM City at the Saigon Exhibition and Convention Centre (SECC).
The Vietnam – Japan cultural and trade exchange in 2015 will be held in the Mekong Delta city of Can Tho on November 19-21 with the aim of promoting ties between the Mekong Delta and Japan, heard a press briefing in the locality on November 3.
The Japanese-supported e-customs system VNACCS/VCIS is highly accurate and helps businesses save time, manpower and expenses, as viewed by a majority of companies in a recent survey.
The Vietnam Chamber of Commerce and Industry (VCCI) and the UK Embassy in Vietnam jointly held a seminar in Hanoi on November 3 to help local businesses learn from UK enterprises’ experience in branding.
Japan’s Seibu Nousan company held a working session with officials of the northern province of Ha Nam on November 3 to discuss a high-tech rice farming project in the locality.
The removal of weak banks through mergers and acquisitions, one of drastic measures taken by the State Bank of Vietnam (SBV), has somewhat improved the health of the banking system and won trust from people, according to experts.
(VOV) - In light of the launch of ASEAN, US-based Franklin Templeton Emerging Markets Group, which trades on the New York Stock Exchange, has announced plans to invest US$3 billion in the country’s logistics, restaurant and services industries.
(VOV) -Vietnam is participating in the ongoing 33rd Havana International Fair 2015 (FIHAV) in Havana from November 2-7 along with 4,500 foreign exhibitors from 60 countries and territories across the globe.
(VOV) -Vietnam has moved up 1 notch to 55th from last year’s 56th – in the latest global prosperity index released by British think tank - Legatum Institute.
(VOV) - US businesses have presented an antidumping and counterveiling duty petition to the US Department of Commerce (DOC) and the US International Trade Commission (ITC) against circular welded carbon steel pipes (CWP) imported from five countries, including Vietnam.
The Ministry of Public Security has commenced legal proceedings against 16 ex-officials at a Vietnamese bank for activity that allegedly caused a total loss of over U$S448 million to the state budget last year.
Vietnam invested a total of US$2.4 billion in 18 projects in Russia by end-September, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.
The ANZ-Roy Morgan Vietnam Consumer Confidence Index gained 5.8 points to 141.1 in October, rising well above the long-term average of 135.9.
Though local state-owned enterprises wishes to sell stakes in banks to which they contributes capital, no foreign investors want to buy such stakes unless the foreign ownership limit at banks is lifted.
Fitch Ratings has affirmed Vietnam's long-term foreign and local currency issuer default ratings (IDRs) at ‘BB-' with a stable outlook.
Many products in Vietnam are facing the risk of their market shares and revenues narrowing down due to anti-dumping investigations and lawsuits.
Mercedes-Benz Vietnam (MBV) is extending a warm welcome to all visitors and customers to its booth at the 2015 Vietnam Motor Show (VMS), where 20 Mercedes-Benz cars are displayed to mark the company’s 20th anniversary milestone here in the country.