Oil output seen rising 4.6%
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).

Oil output seen rising 4.6%
Prices of essential goods continue downward trend
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.

Prices of essential goods continue downward trend
US smartphone brand enters Vietnam
US smartphone brand enters Vietnam

Obi Worldphone, a US smartphone brand, enters Vietnamese market through cooperation with exclusive local partner Digiworld Corporation.

US smartphone brand enters Vietnam
Foreigners set foot on property ladder
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.

Foreigners set foot on property ladder
Further VND devaluation will only benefit China: economists
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.

Further VND devaluation will only benefit China: economists
Ministry proposes increase to special consumption tax
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.

Ministry proposes increase to special consumption tax
European meat to conquer domestic market
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.

European meat to conquer domestic market
Indonesia conducts AD investigation into Vietnamese steel
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.

Indonesia conducts AD investigation into Vietnamese steel
Central SOEs make using each others' products a high priority
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.

Central SOEs make using each others' products a high priority
China, US Fed weighed in Vietnam economy forecast
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.

China, US Fed weighed in Vietnam economy forecast
Egypt - gateway for Vietnamese products to Middle East
Egypt - gateway for Vietnamese products to Middle East

(VOV) - Egypt serves as an important gateway for Vietnamese products to penetrate the Middle East and North Africa, said participants at the Vietnam-Egypt Business Forum held in Cairo on September 7.

Egypt - gateway for Vietnamese products to Middle East
Weaker VND feared to cause flight of hot money out of Vietnam
Weaker VND feared to cause flight of hot money out of Vietnam

Analysts warned that dollar price fluctuations would prompt foreign investors to withdraw capital from Vietnam. If so, this would put pressure on the exchange rate.

Weaker VND feared to cause flight of hot money out of Vietnam
Self-defence measures considered for imported MSG
Self-defence measures considered for imported MSG

The Ministry of Industry and Trade (MoIT) will carry out inspections on imported monosodium glutamate (MSG) after Taiwanese company Vedan proposed a safeguarding duty on the seasoning powder, according to the Lao Dong (Labour) newspaper.

Self-defence measures considered for imported MSG
Coffee output likely to fall by 20%
Coffee output likely to fall by 20%

Vietnam’s coffee output in the 2015-2016 harvest is likely to fall at least 20 % short on the set target, said the Vietnam Coffee and Cocoa Association.

Coffee output likely to fall by 20%
Vietnam still safe from yuan devaluation
Vietnam still safe from yuan devaluation

The government of Vietnam has said that the national economy has not been hurt by the Chinese yuan devaluation but analysts are less optimistic.

Vietnam still safe from yuan devaluation
Which bank of Vietnam will reach regional level?
Which bank of Vietnam will reach regional level?

Financial expert Dr. Nguyen Tri Hieu said to reach the regional level, a bank must have total assets of at least US$50 billion and equity of about US$5 billion.

Which bank of Vietnam will reach regional level?
Banks face tough balancing act
Banks face tough balancing act

Credit this year has grown robustly and might surpass the 15-17 % annual target, however, commercial banks will find it difficult to balance lending and deposit sources, according to experts.

Banks face tough balancing act
Falling oil prices adversely affect Vietnam economy
Falling oil prices adversely affect Vietnam economy

(VOV) -Many economic experts argue it is difficult for global oil prices to go up again and with the worst scenario, oil prices may drop a mere US$30/ barrel, causing a huge loss for this year’s budget revenue and heavily weighing against economic growth.

Falling oil prices adversely affect Vietnam economy
US imposes anti-dumping duties on Vietnamese tra fish
US imposes anti-dumping duties on Vietnamese tra fish

(VOV) - The US Department of Commerce has issued preliminary results of the anti-dumping duty administrative review (POR 11) which decided the tax rates imposed on Vietnamese tra fish fillets imported to the country between August 1, 2013 and July 31, 2014.

US imposes anti-dumping duties on Vietnamese tra fish
Weaker yuan presses Vietnam’s rice price down
Weaker yuan presses Vietnam’s rice price down

As predicted, importers have tried to lower Vietnam’s rice price after the Chinese government’s devaluation of the yuan. 

Weaker yuan presses Vietnam’s rice price down
Petrol prices cut by nearly VND1,200 per litre
Petrol prices cut by nearly VND1,200 per litre

The retail prices of RON 92 and E5 petrol were reduced by VND1,198 (US$0.05) per litre as of 3 pm on September 3, marking the 15th price adjustment this year.

Petrol prices cut by nearly VND1,200 per litre
Vietnam’s booming economy drives luxury home market
Vietnam’s booming economy drives luxury home market

(VOV) - The housing market in Hanoi and Ho Chi Minh City is heating up as lower inventories, strong demand and a spill over from foreign buyers relocating to Vietnam as a consequence of the nation’s buoyant economy lifting property values.

Vietnam’s booming economy drives luxury home market
Malaysia probes into cold rolled steel coils imported from Vietnam
Malaysia probes into cold rolled steel coils imported from Vietnam

(VOV) - The Malaysian Ministry of International Trade and Industry (MITI) has commenced an anti-dumping investigation on cold rolled steel coils imported from Vietnam, China and the Republic of Korea (RoK).

Malaysia probes into cold rolled steel coils imported from Vietnam
Domestic retail sales increase 10.1 %
Domestic retail sales increase 10.1 %

Total retail sales of Vietnam's goods and services reached VND2,116.67 trillion (US$94 billion), a 10.1 % increase over the same period last year, or 9.1 % if inflation is excluded.

Domestic retail sales increase 10.1 %
Vietnam Airlines flies Dreamliner to Heathrow
Vietnam Airlines flies Dreamliner to Heathrow

(VOV) - Vietnam Airlines first Boeing B787-9 Dreamliner made its highly anticipated initial landing at Heathrow Airport in London on September 1, showcasing the airlines new corporate identity and brand image.

Vietnam Airlines flies Dreamliner to Heathrow
ASEAN significant market to New Zealand: Minister Tim Groser
ASEAN significant market to New Zealand: Minister Tim Groser

New Zealand’s Trade Minister Tim Groser said that the Association of Southeast Asian Nations (ASEAN) has become an increasingly important market to his country. 

ASEAN significant market to New Zealand: Minister Tim Groser
Vietnamese galvanised steel not dump price in Australia
Vietnamese galvanised steel not dump price in Australia

(VOV) - The Australian Anti-Dumping Commission (ADC) has announced to conclude its investigation into of zinc-coated (galvanised) steel imported from Vietnam 

Vietnamese galvanised steel not dump price in Australia
Remittances to HCM City up 13.2% in 8 months
Remittances to HCM City up 13.2% in 8 months

(VOV) - Vietnamese living abroad remitted around US$330 million in August, bringing the total remittances in 8 months this year to US$2.75 billion, 13.2% higher than last year’s same period.

Remittances to HCM City up 13.2% in 8 months
Milk producers focus on yogurt products
Milk producers focus on yogurt products

Yogurt, whey and cheese are bringing two-digit growth rates to milk producers. 

Milk producers focus on yogurt products
Vietnam still tries to develop automobile industry
Vietnam still tries to develop automobile industry

The government of Vietnam does not intend to give up the dream of developing an automobile industry, even though it has failed to do so in the last two decades.

Vietnam still tries to develop automobile industry