HCM City shames customs tax evaders
HCM City shames customs tax evaders

As of May 15, the total tax debt at the HCM City Customs Department reached VND2.4trn (USD102.2m), of which over VND1.4trn were bad debts.

HCM City shames customs tax evaders
Covered warrants expected to attract many investors
Covered warrants expected to attract many investors

Covered warrants, which will be traded on the Ho Chi Minh Stock Exchange (HOSE) from this month, are expected to attract a large number of investors since they have lower investment costs and can be leveraged more than conventional financial products, heard a recent seminar in HCM City.

Covered warrants expected to attract many investors
Vietnamese products seek to increase presence in Japanese market
Vietnamese products seek to increase presence in Japanese market

A week of Vietnam-Hanoi goods kicked off at the AEON Lake Town Mori in Japan’s Saitama prefecture on June 8 as part of a cooperation pact signed between the Vietnamese Ministry of Industry and Trade (MoIT), Hanoi authorities, and Japanese retail group AEON.

Vietnamese products seek to increase presence in Japanese market
First Vietnam Venture Summit to be held in Hanoi
First Vietnam Venture Summit to be held in Hanoi

The Vietnam Venture Summit 2019, the first of its kind, will take place in Hanoi on June 10, providing a dialogue platform between the Vietnamese government and major international venture funds.

First Vietnam Venture Summit to be held in Hanoi
Banks face big capital burden despite dividend plan
Banks face big capital burden despite dividend plan

A plan to allow large Vietnamese State-owned commercial banks to pay dividends in shares or retain dividends would help them accumulate capital and meet regulatory minimum capital thresholds, Fitch Ratings has said.

Banks face big capital burden despite dividend plan
Supporting industry grows with HCM City's help
Supporting industry grows with HCM City's help

Ho Chi Minh City's preferential policies for the supporting industries in recent years has helped companies expand and secure contracts as suppliers with foreign-invested companies.

Supporting industry grows with HCM City's help
Banks may assess pollution risks before granting loans
Banks may assess pollution risks before granting loans

Banks will assess environmental pollution risks when granting loans to projects in some industries, according to a State Bank of Vietnam (SBV) draft regulation.

Banks may assess pollution risks before granting loans
Vietnamese farm products to be displayed in France
Vietnamese farm products to be displayed in France

A week of events showcasing Vietnamese agricultural products is scheduled to take place at the Rungis International Market in Paris, France, from June 23 to July 2, according to the Hanoi People's Committee.

Vietnamese farm products to be displayed in France
Should Vietnam become a developed economy?: Foreign Policy newspaper
Should Vietnam become a developed economy?: Foreign Policy newspaper

VOV.VN - The US-China trade war may bring opportunities for Vietnam, said the Foreign Policy newspaper website. 

Should Vietnam become a developed economy?: Foreign Policy newspaper
Vietnam ready to act as bride to connect EAEU, ASEAN: official
Vietnam ready to act as bride to connect EAEU, ASEAN: official

Vietnam, as an active ASEAN member and the first nation to sign a free trade agreement with the Eurasian Economic Union (EAEU), is willing to work as a bridge to help the EAEU and Russia to expand trade and investment ties with the ASEAN, a Vietnamese trade official said.

Vietnam ready to act as bride to connect EAEU, ASEAN: official
Digital economy boosts Vietnam’s economic growth
Digital economy boosts Vietnam’s economic growth

VOV.VN - A study of Google and Temasek from Singapore reports that Vietnam’s digital economy reached 3 billion USD in 2015 and 9 billion USD in 2019, and will reach 30 billion USD in 2025.

Digital economy boosts Vietnam’s economic growth
Vietnam ready to act as bride to connect EAEU, ASEAN: official
Vietnam ready to act as bride to connect EAEU, ASEAN: official

VOV.VN - Vietnam, as an active ASEAN member and the first nation to sign a free trade agreement with the Eurasian Economic Union (EAEU), is willing to work as a bridge to help the EAEU and Russia to expand trade and investment ties with the ASEAN, a Vietnamese trade official said.

Vietnam ready to act as bride to connect EAEU, ASEAN: official
SK Group announces 30 mln USD investment for Vietnam’s innovation centre
SK Group announces 30 mln USD investment for Vietnam’s innovation centre

SK Group, the third largest conglomerate in the Republic of Korea, on June 9 announced its plan to fund 30 million USD for Vietnam’s National Innovation Centre (NIC).

SK Group announces 30 mln USD investment for Vietnam’s innovation centre
HCM City lures 2.77 billion USD in FDI in five months
HCM City lures 2.77 billion USD in FDI in five months

Ho Chi Minh City attracted 2.77 billion USD in foreign direct investment (FDI) in the first five months of 2019, up 49 percent year-on-year, reported the municipal People’s Committee. 

HCM City lures 2.77 billion USD in FDI in five months
Vietnamese enterprises seeks export opportunities in China
Vietnamese enterprises seeks export opportunities in China

Forty Vietnamese enterprises will join a business trip to explore export opportunities in the Chinese cities of Nanning and Kunming from June 10-13, the Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade has announced.

Vietnamese enterprises seeks export opportunities in China
Space renting business for growing greens flourishes in Hanoi
Space renting business for growing greens flourishes in Hanoi

The landowners help their customers grow organic veggies following four criteria namely no chemical pesticides, no growth stimulants, no excess of nitrates, no metal – chemicals residues in soil and irrigation water.

Space renting business for growing greens flourishes in Hanoi
Japanese cash flow to Vietnam changes direction
Japanese cash flow to Vietnam changes direction

Japanese investment in the manufacturing and processing industries has bounced back after five years of decline.

Japanese cash flow to Vietnam changes direction
Retailers struggle to survive in Vietnamese market
Retailers struggle to survive in Vietnamese market

For a long time, Vietnam has been considered as a potential retail market thanks to crowded population and strong purchasing power but not every retailer is able to succeed in doing business here.

Retailers struggle to survive in Vietnamese market
Truck manufacturer Kamaz plans serial assembly in Vietnam
Truck manufacturer Kamaz plans serial assembly in Vietnam

Russia’s largest truck manufacturer Kamaz plans to launch a serial assembly of trucks at the company's plant in Vietnam in 2020, said Kamaz Director General Sergey Kogogin.

Truck manufacturer Kamaz plans serial assembly in Vietnam
Minister says rules for condotels, officetels coming this year
Minister says rules for condotels, officetels coming this year

Minister of Construction Pham Hong Ha said at the meeting of the National Assembly early this week that his ministry and the Ministry of Natural Resources would complete regulations relating to condotel and officetel this year.

Minister says rules for condotels, officetels coming this year
Aquatic product exports decrease in five months
Aquatic product exports decrease in five months

The aquatic export turnover was estimated at 3.2 billion USD in the first five months of 2019, a year-on-year decline of 1.7 percent, according the Agro Processing and Market Development Authority under the Ministry of Agriculture and Rural Development.

Aquatic product exports decrease in five months
Government bond futures contracts to be launched
Government bond futures contracts to be launched

Government bond futures contract, a new product in the derivatives market, will be traded on the Hanoi Stock Exchange on July 4, the State Securities Commission (SSC) has said.

Government bond futures contracts to be launched
ICAEW forecasts Vietnam’s GDP growth at 6.7 per cent in 2019
ICAEW forecasts Vietnam’s GDP growth at 6.7 per cent in 2019

VOV.VN - After enjoying GDP growth of 7.08 per cent in 2018, the country’s 2019 growth is forecast at 6.7 per cent, which would place it as the fastest growing Southeast Asian economy, according to a report released by ICAEW Economic Update recently.

ICAEW forecasts Vietnam’s GDP growth at 6.7 per cent in 2019
Binh Duong earns 10.4 billion USD exports in 5 months
Binh Duong earns 10.4 billion USD exports in 5 months

Exports of the southern province of Binh Duong hit nearly 10.4 billion USD in the first five months of 2019, a year-on-year rise of 12.2 percent, said Director of the provincial Department of Industry and Trade Nguyen Van Danh.

Binh Duong earns 10.4 billion USD exports in 5 months
Big players compete for market share in VN delivery market
Big players compete for market share in VN delivery market

Speed and delivery quality will determine the growth of the e-commerce market in the time to come, according to the Vietnam E-commerce Association (Vecom).

Big players compete for market share in VN delivery market
Allow major state-owned firms to set wages independently: ministry
Allow major state-owned firms to set wages independently: ministry

State-owned corporations, including Vietnam Airlines, should be allowed to set staff remuneration on their own, the labor ministry proposes.  

Allow major state-owned firms to set wages independently: ministry
Vina Japan logistics centre opens in Ba Ria – Vung Tau
Vina Japan logistics centre opens in Ba Ria – Vung Tau

The Vina Japan Shirogane Logistics Centre was inaugurated at Phu My 3 Industrial Park, the central province of Ba Ria – Vung Tau, on June 7. 

Vina Japan logistics centre opens in Ba Ria – Vung Tau
Forum to bolster Vietnam- RoK technology transfer, cooperation
Forum to bolster Vietnam- RoK technology transfer, cooperation

A forum on technology and energy cooperation between Vietnam and the Republic of Korea (RoK) will take place in Ho Chi Minh City from June 25 to 27. 

Forum to bolster Vietnam- RoK technology transfer, cooperation
Vietnamese products introduced to Japanese customers
Vietnamese products introduced to Japanese customers

Vietnam fair was launched on June 7 at 46 supermarkets and malls of AEON group in Kanto region, including AEON Lake Town Mori in Saitama prefecture – one of three largest AEON malls.

Vietnamese products introduced to Japanese customers
HCM City seeks investors for nine plots in Thu Thiem
HCM City seeks investors for nine plots in Thu Thiem

Ho Chi Minh City will organise an auction to seek investors for the right to use nine land plots in the Thu Thiem new urban area in district 2.

HCM City seeks investors for nine plots in Thu Thiem
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