Oil output seen rising 4.6%
The country's crude oil exploitation output this year is estimated to reach 17.58 million tonnes, up 4.6 per cent against the government's annual target, according to the Ministry of Planning and Investment (MPI).
Prices of essential goods continue downward trend
Prices of essential goods continued their downward trend this month, including those of petrol, oil and gas, according to the Ministry of Finance's Price Management Department.
US smartphone brand enters Vietnam
Obi Worldphone, a US smartphone brand, enters Vietnamese market through cooperation with exclusive local partner Digiworld Corporation.
Foreigners set foot on property ladder
The revised laws on Housing and Real Estate Business, which allow foreigners to buy houses in Vietnam, were keenly lauded by the foreign community when they came into force in July 2015. Many foreigners living here have, for many years, wanted to own property in Vietnam either as a home or as an investment.
Further VND devaluation will only benefit China: economists
The State Bank of Vietnam (SBV) has made a reasonable decision not to devalue the dong further as the continued devaluation will only benefit China, according to Dr. Bui Trinh and Dr. To Trung Thanh, experts on the Chinese economy.
Ministry proposes increase to special consumption tax
The Ministry of Finance has proposed to increase special consumption tax on imported goods to ensure fair competition between locally manufactured products and imported ones.
European meat to conquer domestic market
(VOV) - European pork, beef and other meat imported into Vietnam skyrocketed more than 70 fold from 2012 to 2014, according to the General Department of Vietnam Customs.
Indonesia conducts AD investigation into Vietnamese steel
(VOV) - The Indonesian Anti-Dumping Committee (Komite Anti Dumping Indonesia (KADI) has announced that it will continue conducting anti-dumping (AD) investigations into cold rolled steel sheets imported from Vietnam, Taiwan, China, the Republic of Korea and Japan.
Central SOEs make using each others' products a high priority
As part of the Government initiative Vietnamese Give Priority to Using Vietnamese Goods, members of a group of State-owned corporations yesterday signed an agreement at the central level to accord priority to using products made by the group's members.
China, US Fed weighed in Vietnam economy forecast
Several future scenarios about Vietnam's foreign exchange and economy in the context of possible China's currency devaluation and US Federal Reserve's interest rate hike have been put forth by the Ministry of Planning and Investment's National Centre for Socio-Economic Information and Forecast.