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
Prawn export sees increase in first quarter
Prawn export sees increase in first quarter

The export of prawn saw a year-on-year increase of 8.5% in the first two months of this year, earning the country US$378.4 million, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Prawn export sees increase in first quarter
PM okays smart grid network development
PM okays smart grid network development

The Prime Minister has ratified a draft content of an agreement between Vietnam and Germany’s KfW Development Bank for the first phase of a project on smart grid for electricity transmission in Vietnam.

PM okays smart grid network development
Chinese diplomat hails Vietnam’s investment climate
Chinese diplomat hails Vietnam’s investment climate

The business environment in Vietnam has been increasingly improved since the birth of the Law on Foreign Investment, Economic and Commercial Counsellor of the Chinese Embassy in Vietnam Hu Suo Jin has said in an interview granted to Nhan Dan (People) Newspaper.

Chinese diplomat hails Vietnam’s investment climate
YouthSpark 2016 launched with US$270,000 investment
YouthSpark 2016 launched with US$270,000 investment

The YouthSpark 2016 programme was officially launched on April 4 with an investment of US$270,000.

YouthSpark 2016 launched with US$270,000 investment
Vietnam enjoys trade surplus with Canada
Vietnam enjoys trade surplus with Canada

VOV.VN - Vietnam got nearly US$2.683 billion trade surplus with Canada last year, up 25.9% over the previous year, according to Statistics Canada.

Vietnam enjoys trade surplus with Canada
Localities urged to use vendor database
Localities urged to use vendor database

To effectively utilise opportunities through free trade agreements (FTAs) provinces and cities should launch databases on foreign-invested enterprises and domestic suppliers to help domestic firms become suppliers of foreign counterparts.

Localities urged to use vendor database
Manufacturers become ‘hired workers’ for distribution chains
Manufacturers become ‘hired workers’ for distribution chains

Many manufacturing enterprises have lost their brands and the market, becoming outsourced workshops for retailers.

Manufacturers become ‘hired workers’ for distribution chains
Int’l bike brands arrive in Vietnam
Int’l bike brands arrive in Vietnam

Two years after the return of Peugeot, the Vietnamese bicycle market has welcomed several more famous brands.

Int’l bike brands arrive in Vietnam
Chubb Life name launched in Vietnam
Chubb Life name launched in Vietnam

Chubb has announced the official name change of its life insurance subsidiary in Vietnam from ACE Life to Chubb Life.

Chubb Life name launched in Vietnam
Fitch sets 5 Vietnamese bank’s ratings
Fitch sets 5 Vietnamese bank’s ratings

Fitch Ratings has issued the long-term issuer default ratings (IDRs) on five Vietnamese banks.

Fitch sets 5 Vietnamese bank’s ratings
2,900 firms close down in Q1
2,900 firms close down in Q1

The shortage of long-term capital coupled with low competitiveness should be blamed for the rising number of firms going bankrupt and temporarily halting operations in the first quarter of 2016.

2,900 firms close down in Q1
Vinataba’s monopoly aspirations go up in smoke
Vinataba’s monopoly aspirations go up in smoke

The Vietnamese government has recently stubbed out cigarette monopoly producer Vinataba’s self-serving ambitions to rid the local market of popular brands from Indonesia’s Sumatra Tobacco.

Vinataba’s monopoly aspirations go up in smoke
US, Russia compete for investment opportunities in Vietnam
US, Russia compete for investment opportunities in Vietnam

The US economic presence in Vietnam has been increasing steadily since the normalization of Vietnam-US relations since the 1990s. Russia, which was once the largest trade partner of Vietnam, has also returned.

US, Russia compete for investment opportunities in Vietnam
Local wood makers should develop domestic market
Local wood makers should develop domestic market

Local wood producers should focus on developing their business in the domestic market to avoid domination of foreign products.

Local wood makers should develop domestic market
Vietnam's PV Gas eyes overseas fields: report
Vietnam's PV Gas eyes overseas fields: report

While many of its oil ventures have been affected by the global oil slump, state energy giant PetroVietnam's gas arm PV Gas is still looking to expand its business abroad, local media have reported.

Vietnam's PV Gas eyes overseas fields: report
IT crime rise opens niche market
IT crime rise opens niche market

The ever-growing incidence of cybercrime in Vietnam’s enterprises and organizations has opened up a new market for foreign IT firms.

IT crime rise opens niche market
Rural, agricultural and fishery census to begin on July 1
Rural, agricultural and fishery census to begin on July 1

A census for rural areas, in agriculture and fishery will be carried out nationwide over 30 days, beginning from July 1, heard a conference in the Mekong Delta city of Can Tho on April 4.

Rural, agricultural and fishery census to begin on July 1
Japanese firms take interest in HCM City market
Japanese firms take interest in HCM City market

A new wave of Japanese investment is forecast to emerge in Ho Chi Minh City, Vo Van Hoan, Chief of the municipal People's Committee office, said during a press conference on April 4.

Japanese firms take interest in HCM City market
Domestic