Hundreds of million USD fuel plants face closure
Hundreds of million USD fuel plants face closure

The national oil and gas group PetroVietnam, which has insisted on building biofuel plants as part of a biofuel development strategy, has halted the operation of the Dung Quat bio-ethanol plant.

Hundreds of million USD fuel plants face closure
WB: Vietnam sets successful example
WB: Vietnam sets successful example

Vietnam is a successful example in realising the strategic targets of the World Bank (WB) according to the bank’s Systematic Country Diagnostic (SCD), an expert has said. 

WB: Vietnam sets successful example
Tra fish production shifts towards sustainable supply chain
Tra fish production shifts towards sustainable supply chain

Tra fish producers in Vietnam’s Mekong Delta region are changing their production models to a more sustainable supply chain, in an effort to improve fish quality and adapt to climate change. 

Tra fish production shifts towards sustainable supply chain
Ministry clears up questions about pending Vietstar Airlines
Ministry clears up questions about pending Vietstar Airlines

The Ministry of Transport (MoT) held a press briefing on April 6 to clear up some questions around the granting of an aviation transport business licence for Vietstar Airlines Multirole Corporation (Vietstar Airlines) to operate as a passenger carrier.

Ministry clears up questions about pending Vietstar Airlines
Understanding rules of origin necessary to benefit from FTAs
Understanding rules of origin necessary to benefit from FTAs

Vietnamese enterprises should understand and meticulously apply the stringent rules of origin, as well as the exceptions of free trade agreements, to enjoy the best from preferential taxation, as free trade does not mean “free” absolutely.

Understanding rules of origin necessary to benefit from FTAs
Big C wins two brand awards
Big C wins two brand awards

Big C supermarket has received the 2015 Golden Dragon Award and Vietnamese Excellent Brand Award for its outstanding performance at a recent ceremony in Hanoi.

Big C wins two brand awards
Domestic credit growth expected to reach five-year high in 2016
Domestic credit growth expected to reach five-year high in 2016

Financial institutions in Vietnam expect the banking system’s outstanding loans to increase 20.09% in 2016, the highest in the past five year, as a report from the State Bank of Vietnam (SBV)’s Monetary Forecasting and Statistics Department.

Domestic credit growth expected to reach five-year high in 2016
HNX offloads US$1.5 billion in government bonds
HNX offloads US$1.5 billion in government bonds

The Hanoi Stock Exchange (HNX) in March sold nearly VND34.3 trillion (US$1.5 billion) worth of government bonds issued by the State Treasury in 15 auctions. 

HNX offloads US$1.5 billion in government bonds
Conference promotes investment in southwest inland waterways
Conference promotes investment in southwest inland waterways

The Steering Committee for the Southwest Region has asked the Government to consider increasing investment in the development of inland waterway routes in the region, towards promoting sustainable future development. 

Conference promotes investment in southwest inland waterways
HCM City hopes for more assistance from WB
HCM City hopes for more assistance from WB

World Bank Country Director in Vietnam Victoria Kwakwa had a working session with Chairman of the Ho Chi Minh City People’s Committee Nguyen Thanh Phong on April 5 to discuss cooperation programmes between the bank and municipal authorities.

HCM City hopes for more assistance from WB
Works begin on fruit canning plant in Vinh Long
Works begin on fruit canning plant in Vinh Long

A ceremony was held on April 6 to kick off construction of a plant producing canned fruit and vegetables in the Mekong Delta province of Vinh Long. 

Works begin on fruit canning plant in Vinh Long
Three int’l industry expos open in Hanoi
Three int’l industry expos open in Hanoi

VOV.VN - Three exhibitions serving as a platform for local and foreign invested companies to showcase their superb technology and products opened on April 6 at the Hanoi International Centre for Exhibition.

Three int’l industry expos open in Hanoi
Agribank given Best International Payment award
Agribank given Best International Payment award

The Vietnam Bank for Agriculture and Rural Development (Agribank) was given the Best International Payment 2015 award by the UK’s Standard Chartered Bank (SCB). 

Agribank given Best International Payment award
Japan to sell more goods via convenience stores
Japan to sell more goods via convenience stores

Convenience store chains which have been expanded in Vietnam will serve as the important channel for Japanese manufacturers.

Japan to sell more goods via convenience stores
Vietnam to expand Macadamia on nearly 10,000ha by 2020
Vietnam to expand Macadamia on nearly 10,000ha by 2020

VOV.VN - The Ministry of Agriculture and Rural Development (MARD) has officially adopted a Macadamia development plan for north-western and Central Highlands regions by 2020 with a vision for 2030.

Vietnam to expand Macadamia on nearly 10,000ha by 2020
Vietnamese toy market valued at US$5 billion
Vietnamese toy market valued at US$5 billion

With the number of children aged 0-14 accounting for 40% of the population of 90 million and improved living standards, Vietnam has seen an increase in the world’s famous brands.

Vietnamese toy market valued at US$5 billion
LG Displays to build OLED screens factory in Haiphong
LG Displays to build OLED screens factory in Haiphong

VOV.VN - Haiphong City People’s Committee and the Korean LG Displays Group on April 5 signed a memorandum of understanding (MoU) on the implementation of a project to construct a US$1.5 billion factory in the city.

LG Displays to build OLED screens factory in Haiphong
Commemorative note issuance marks central bank’s anniversary
Commemorative note issuance marks central bank’s anniversary

The State Bank of Vietnam (SBV) has announced the issuance of commemorative banknotes to mark its 65th founding anniversary (May 6, 1951).

Commemorative note issuance marks central bank’s anniversary
Consumption tax hike needed
Consumption tax hike needed

Health activists say special consumption taxes imposed on alcohol, beer and tobacco should be increased to improve community health and tackle the national budget deficit.

Consumption tax hike needed
Vietnam to sustain rice exports despite failed crops
Vietnam to sustain rice exports despite failed crops

The rice output of the winter-spring rice crop fell significantly because of drought and salination, but with an additional 200,000ha to be planted in the Cuu Long (Mekong) Delta region, there will be enough rice for exports. 

Vietnam to sustain rice exports despite failed crops
FDI projects on rise in Can Tho
FDI projects on rise in Can Tho

Can Tho has issued a licence to the Republic of Korea’s (RoK) Tae Kwang Vina Industrial for setting up a shoe production plant in its 2B Hung Phu Industrial Park.

FDI projects on rise in Can Tho
Petrol prices up over VND500 per litre
Petrol prices up over VND500 per litre

The prices of RON 92 petrol and E5 bio-fuel increased VND518 and VND551 per litre, respectively, as from 5 p.m. on April 5. 

Petrol prices up over VND500 per litre
Conference seeks trade facilitation in Binh Duong
Conference seeks trade facilitation in Binh Duong

A conference to seek join efforts for trade facilitation in the southern province of Binh Duong was held in the locality on April 5.

Conference seeks trade facilitation in Binh Duong
Mekong Delta Economic Cooperation Forum to be held in July
Mekong Delta Economic Cooperation Forum to be held in July

The Mekong Delta Economic Cooperation (MDEC) Forum 2016 will take place in Hau Giang province from July 11-15 with discussions focusing on integration and sustainable development in the region. 

Mekong Delta Economic Cooperation Forum to be held in July
HCM City companies invited to augment investment in Lao province
HCM City companies invited to augment investment in Lao province

Ho Chi Minh City enterprises have been invited to invest in energy – mining, processing, tourism and agro-forestry-fisheries in Laos’ Xaysomboun province as the industries are key to local economic development.

HCM City companies invited to augment investment in Lao province
Vietnam textiles clearing the decks for FTAs
Vietnam textiles clearing the decks for FTAs

VOV.VN - Vietnamese textile companies are getting ready for the introduction of a wide array of Free Trade Agreements (FTAs), hoping they will usher in an age of unparalleled growth and prosperity.

Vietnam textiles clearing the decks for FTAs
Commemorative note issuance marks central bank’s anniversary
Commemorative note issuance marks central bank’s anniversary

The State Bank of Vietnam (SBV) has announced the issuance of commemorative banknotes to mark its 65th founding anniversary (May 6, 1951).

Commemorative note issuance marks central bank’s anniversary
ACE Life Vietnam changes name to Chubb Life
ACE Life Vietnam changes name to Chubb Life

ACE Life Vietnam has changed its name to Chubb Life Vietnam Insurance Company Ltd (Chubb Life) with effect from April 4 following its parent's acquisition of Chubb Corporation last January.

ACE Life Vietnam changes name to Chubb Life
Lower expectations ahead of ‘Online Friday 2016’
Lower expectations ahead of ‘Online Friday 2016’

VOV.VN - Last year’s second edition of the e-commerce ‘Online Friday’ reported 300,000 orders – nearly double that of the prior year – 80% of which were for technology, fashion items or home appliances.

Lower expectations ahead of ‘Online Friday 2016’
Agro-fisheries festival opens in Ba Ria – Vung Tau
Agro-fisheries festival opens in Ba Ria – Vung Tau

As many as 22 cities and provinces in the southern region are engaging in the 2016 agro-fisheries festival that opened in Ba Ria – Vung Tau on April 4.

Agro-fisheries festival opens in Ba Ria – Vung Tau
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