The Ministry of Finance recently lowered import tariffs on some fuel products in a move to stabilize domestic retail prices before an environment tax increase this May.
Vietnam was expected to maintain the second fastest growing economy in ASEAN-5 in 2015, according to the International Monetary Fund's latest World Economic Outlook.
Over 40 Chinese businesses operating in finance, labour, real estate and construction made a fact-finding tour of Ho Chi Minh City on April 16 to seek business opportunities in the metropolis.
(VOV) - Vietnam businesses won’t be able to compete with foreign rivals and are likely to be defeated on home turf in the near future if they continue to depend on cheap labour costs.
(VOV) - More than 130 seafood businesses from around the globe, including Vietnam attended the Seoul Seafood Show 2015 from April 15 to April 17 to introduce seafood processing products and services.
(VOV) - BNP Paribas- a French bank and financial services company and the low-cost carrier Vietjet Air on April 15 signed a US$60 million credit agreement to financeVietjet’s purchase of five aircraft in the Airbus A320 family in 2015 and 2016.
The central city of Danang plans to open its representative office in the Republic of Korea (RoK) to promote investment, trade and tourism between the city and its Korean partners this year.
(VOV) - This is the second consecutive year central Danang City has led provinces and cities nationwide in the Vietnam Provincial Competitiveness Index 2014 (PCI 2014) ranking.
The Vietnam Joint Stock Commercial Bank for Industry and Trade, better known as VietinBank, on April 14 got the approval from its shareholders for a merger with Petrolimex Group Bank (PG Bank) in accordance with the overall plan of the State Bank of Vietnam (SBV) unveiled early this year.
The Hanoi-based Bank for Investment and Development of Vietnam (BIDV) hopes to choose a foreign strategic investor later this year or next year, said BIDV Chair Tran Bac Ha on April 14.
The Southeast Asia region’s insurance market will continue to reap success once the ASEAN Economic Community (AEC) is formed at the end of 2015, said Singapore’s Straits Times.
From 2015, Vietnamese businesses must declare and certify the origin of their export products themselves instead of obtaining C/O (certificate of origin) from management agencies.
The Vietnam Chamber of Commerce and Industry (VCCI) will collaborate with relevant agencies to boost the participation of businesses in the agriculture sector.
Experts have urged the central bank to apply the crawling peg - an exchange rate regime that allows depreciation or appreciation to happen gradually - to help firms develop appropriate business plans.
The Ministry of Finance has confirmed that the country's sole oil processing facility – the Dung Quat Oil Refinery – will not be closed thanks to a recent import tax reduction on petroleum products.
Vietnam’s recent economic progress has earned the admiration of Ezequiel Ramoneda, Coordinator of the Centre for Southeast Asian Studies at Argentina's National University of La Plata.
Vietnam and France have agreed on the necessity of removing trade barriers and obstacles in market approaches through bilateral dialogues, including Vietnam lifting its ban on French beef.
(VOV) - Vietcombank has been named – Best Cash Management Bank in Vietnam and Best Counterparty Bank in Vietnam – at the 2015 Asian Banker Summit held April 14-16 in Hong Kong (China).
China grew at its slowest pace in six years at the start of 2015 and weakness in key sectors suggested the world's second-largest economy was still losing momentum, intensifying Beijing's struggle to find the right policy mix to shore up activity.
The 25th Vietnam Expo 2015 kicked off on April 15 in Hanoi as witnessed by Deputy Prime Minister Hoang Trung Hai and representatives from the Ministry of Trade and Industry.
Young entrepreneurs nationwide can register for the 3rd Start-Up Wheel competition, which aims to help them gain expertise, experience and support, from April 14 to May 15.
Maersk Nicolai, with a capacity of 2,274 24-foot containers (TEU), has made its call at Tan Vu Port in Haiphong.
(VOV) - The Vietnam Chamber of Commerce and Industry (VCCI) and US Agency for International Development (USAID) will host an annual conference to launch the 2014 Provincial Competitiveness Index (PCI) Report.
Czech-backed Home Credit Vietnam (HCV) has selected American Genesys to remodel its customer service.
(VOV) - The Vietnam Association of Seafood Producers and Exporters (VASEP) recently forecast the overall export value of tuna to increase slightly by 4% on-year to US$510 million for 2015.
Foreign investors in build-operate-transfer power projects that have yet to finalise agreements are keeping a close eye on a long-awaited Decree 15/2015/ND-CP on public private partnership investment modes, taking effect on April 10.
(VOV) -The Mekong Delta province of Kien Giang has announced its investor for the development of the build-operate-transfer (BOT) portion of the Phu Quoc international passenger port.
Intellectual property law enforcement not only protects enterprises but also pushes them to create and innovate, Deputy Head of the National Office of Intellectual Property (NOIP) Le Ngoc Lam said in a Ho Chi Minh City-based seminar on April 14.
New-style cooperatives will greatly benefit both farmers and the State, creating breakthroughs in the development of Vietnam’s agriculture, said Politburo member and President of the Vietnam Fatherland Front Nguyen Thien Nhan on April 14.
A workshop themed “Sustainable consumption in Vietnam- small actions, great changes” took place in Hanoi on April 14, focusing on measures to promote sustainable consumption practices across the country.