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.
(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.
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).
(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.
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.
(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.
(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.
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.
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.
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).
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.
Coffee prices have dropped to record lows in southern Dong Nai province, pushing coffee growers, particularly small enterprises, to the verge of bankruptcy.
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.
One of the prominent economic happenings globally in recent times is the appreciation of the US dollar, which has affected most countries including Vietnam.
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 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.
(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.
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.
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.
(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.
(VOV) - Thai businesses are showcasing a wide variety of high quality products at a trade fair being held in Hanoi from August 13-18.
(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).
(VOV) - Vietnam has witnessed dynamic mergers and acquisitions in both domestic and foreign firms of all sizes.
A circular recently issued by the Ministry of Finance guiding the corporate income tax regime helps simplify tax payments for businesses, an official said.
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.
(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 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.
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.
(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.
(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.