Overseas Vietnamese rush to pour money into real estate
Overseas Vietnamese rush to pour money into real estate

The real estate buying power of Viet Kieu (overseas Vietnamese) increased rapidly as soon as the new policy on allowing Viet Kieu and foreigners to buy houses in Vietnam took effect.

Overseas Vietnamese rush to pour money into real estate
US imposes high duties on Vietnamese PE bags
US imposes high duties on Vietnamese PE bags

(VOV) - The US Department of Commerce (DOC) has made its final decision on reviewing anti-dumping duties on polyethylene (PE) bags imported from Vietnam, the Vietnam Competition Authority (VCA) announced on August 19.

US imposes high duties on Vietnamese PE bags
Investment climbs in property sector
Investment climbs in property sector

Investment inflows into the property sector has surged, especially credit from banks, said Nguyen Tran Nam, former deputy minister of Construction and chairman of the Vietnam Real Estate Association (VREA).

Investment climbs in property sector
Vietnam devalues for third time this year
Vietnam devalues for third time this year

(VOV) - The State Bank of Vietnam (SBV) raised its USD/VND reference rate by 1% to 21,890/USD on August 19, the third adjustment to-date this year. 

Vietnam devalues for third time this year
A bubble in resort real estate?
A bubble in resort real estate?

The resort real estate market is scorching hot with investors rushing to inject money, but experts warn that the hot growth may not be sustainable.

A bubble in resort real estate?
Kinh Do exports 20 tonnes of moon cakes to US
Kinh Do exports 20 tonnes of moon cakes to US

(VOV) - Kinh Do Binh Duong JSC has announced that it has shipped 20 tonnes of moon cakes (around 100,000 pcs) to the US to prepare for the upcoming mid-Autumn festival. 

Kinh Do exports 20 tonnes of moon cakes to US
China’s currency crisis signals an economy in decline
China’s currency crisis signals an economy in decline

(VOV) - As a consequence of China’s devaluation of its currency, the yuan, last week by roughly 4% against the US dollar, Vietnam exporters will struggle to remain price competitive in both the domestic and overseas markets.

China’s currency crisis signals an economy in decline
Vietnam’s public debts not too high, but still risky: economist
Vietnam’s public debts not too high, but still risky: economist

The Ministry of Finance (MOF) said that Vietnam’s public debt was still within the safety line but economists say they can see high risks.

Vietnam’s public debts not too high, but still risky: economist
Tax breaks to lift auto industry
Tax breaks to lift auto industry

Cars with various engine displacement values are expected to enjoy a rebate in the special consumption tax in Vietnam as of July 1, 2016, according to a revised draft on Tax Law issued by the Ministry of Finance recently.

Tax breaks to lift auto industry
Property association executive refutes bubble possibility
Property association executive refutes bubble possibility

A real estate bubble of the kind seen in 2007 is not likely to occur this year or 2016, according to Le Hoang Chau, Chairman of the Ho Chi Minh City Real Estate Association (HoREA). 

Property association executive refutes bubble possibility
Seminar highlights sustainable lobster farming
Seminar highlights sustainable lobster farming

Sustainable lobster farming across the central region was the focus of a seminar held in Nha Trang city, the central coastal province of Khanh Hoa on August 16. 

Seminar highlights sustainable lobster farming
Vietnamese coffee growers near bankruptcy
Vietnamese coffee growers near bankruptcy

Coffee prices have dropped to record lows in southern Dong Nai province, pushing coffee growers, particularly small enterprises, to the verge of bankruptcy.

Vietnamese coffee growers near bankruptcy
Vietnam joins race to sell rice to Philippines
Vietnam joins race to sell rice to Philippines

With the current balance of power, Vietnam and Thailand will participate in a ‘duel’ to obtain the right to sell 250,000 tons of rice to the Philippines.

Vietnam joins race to sell rice to Philippines
Forex rates to remain under pressure
Forex rates to remain under pressure

One of the prominent economic happenings globally in recent times is the appreciation of the US dollar, which has affected most countries including Vietnam.

Forex rates to remain under pressure
Vietnam - second largest cattle importer of Australia
Vietnam - second largest cattle importer of Australia

Vietnam was the second largest live cattle importer of Australia last fiscal year with 309,505 heads exported, up 136 percent, according to the Australian Association of Exporters of Live Cattle and Meat on August 15. 

Vietnam - second largest cattle importer of Australia
Vietnam continues bilateral talks with TPP partners
Vietnam continues bilateral talks with TPP partners

Vietnam is actively engaging in bilateral negotiations with the US and several other countries to ensure its key interests before entering a ministerial meeting aimed at finalising the 12-nation Trans-Pacific Partnership (TPP) trade deal.

Vietnam continues bilateral talks with TPP partners
Tra fish exports to China on sharp rise
Tra fish exports to China on sharp rise

(VOV) - Vietnam’s tra fish (pangasius) exports to China jumped 50.7% to US$70.15 million for the first half of this year, according to statistics released by the General Department of Vietnam Customs.

Tra fish exports to China on sharp rise
HCM City property rebounds
HCM City property rebounds

The HCM City housing market is recovering thanks to effective government policies like allowing foreigners and overseas Vietnamese to buy houses, an industry insider has said.

HCM City property rebounds
Credit growth on target to hit 15-17%
Credit growth on target to hit 15-17%

Credit growth by August 10 reached 8.3% compared to December last year, much higher than during the same period last year, said director of the State Bank of Vietnam's Credit Department, Dang Tien Dong.

Credit growth on target to hit 15-17%
Savvy Thai retailers take aim at Vietnam
Savvy Thai retailers take aim at Vietnam

(VOV) - The role of Thai business in Vietnam’s marketplace has grown significantly over recent years, and experts expect this trend to continue— particularly in light of the ASEAN Economic Community (AEC) coming to fruition later this year.

Savvy Thai retailers take aim at Vietnam
Thai products fair promote trade links with Vietnam
Thai products fair promote trade links with Vietnam

(VOV) - Thai businesses are showcasing a wide variety of high quality products at a trade fair being held in Hanoi from August 13-18.

Thai products fair promote trade links with Vietnam
Nearly US$1 billion in debt paid for foreign partners
Nearly US$1 billion in debt paid for foreign partners

(VOV) - In July alone, Vietnam paid US$172.68 million in debt, clearing foreign debts of US$933.34 million in seven months, according to the Ministry of Finance (MoF).

Nearly US$1 billion in debt paid for foreign partners
Vietnam’s M&A waiting for a new boom
Vietnam’s M&A waiting for a new boom

(VOV) - Vietnam has witnessed dynamic mergers and acquisitions in both domestic and foreign firms of all sizes.

Vietnam’s M&A waiting for a new boom
New regulation facilitates taxation procedures
New regulation facilitates taxation procedures

A circular recently issued by the Ministry of Finance guiding the corporate income tax regime helps simplify tax payments for businesses, an official said. 

New regulation facilitates taxation procedures
Handbag sector told demand increasing
Handbag sector told demand increasing

The domestic handbag industry must increase investment and quality to meet the rising demand from importers under new bilateral and multilateral trade agreements, an industry official has said.

Handbag sector told demand increasing
Vietnam unlocks e-commerce potential
Vietnam unlocks e-commerce potential

(VOV) - Everyday more Vietnamese businesses are starting to sell their products online and are joining the millions of entrepreneurs around the globe who have carved out a niche in the world of e-commerce.

Vietnam unlocks e-commerce potential
Vietnam aims to build strong Info-technology outsourcing brands
Vietnam aims to build strong Info-technology outsourcing brands

Vietnam is one of most competitive choices in the world for ITO (information technology outsourcing), according to market survey from Gartner, thanks to low labor costs, personnel stability and the “golden population” period.

Vietnam aims to build strong Info-technology outsourcing brands
China under mounting pressure to ease policy as economy stumbles
China under mounting pressure to ease policy as economy stumbles

China is under growing pressure to further stimulate its economy after disappointing data over the weekend showed another heavy fall in factory-gate prices and a surprise slump in exports.

China under mounting pressure to ease policy as economy stumbles
Gaining new insight into Kazakhstan market
Gaining new insight into Kazakhstan market

(VOV) - A free trade agreement with Kazakhstan has now passed and will come into effect in early 2016, said Duong Hoang Minh, speaking at a recent conference in Hanoi evaluating the Eurasian nation’s appeal as a business destination.

Gaining new insight into Kazakhstan market
PM Dung holds special dialogue with ASEAN Business Club
PM Dung holds special dialogue with ASEAN Business Club

(VOV) - Prime Minister Nguyen Tan Dung on August 8 held a dialogue with members of the ASEAN Business Club and representatives of the Malaysian business community to discuss investment opportunities in Vietnam.

PM Dung holds special dialogue with ASEAN Business Club