VOV.VN - The country’s exports in August are estimated at US$15.2 billion, up 2% against the previous month, according to the General Statistics Office of Vietnam (GSO).

The figures released by the General Department of Customs (GDC) show significant problems for Vietnam’s rubber industry: the more it exports, the less money it gets.

The BOT (build–operate–transfer) model, in which a company hires another company to set up and manage its local IT operations before transferring them back to the parent company, has become increasingly popular.

Big C Vietnam, representing its new owner Central Group, has paid off the whole VND2.034 trillion (US$93 million) it declared in tax earlier.

The Mekong Delta’s inland waterways, which are seen as an advantage of the delta to cut its transport cost and improve the competitiveness of its goods, have not received adequate investment over the past five years.

State Audit of Vietnam will expand its scrutiny into other areas next year, including land and natural resources.

Vietnam has become a big importer for goods from ASEAN countries seven months after joining in ASEAN Economic Community (AEC), Deputy Prime Minister Vuong Dinh Hue has said. 

VOV.VN -The domestic sector has lost the local and export forestry markets to the foreign sector, Huynh Van Hanh, general director of the Handicraft and Wood Industry Association of Ho Chi Minh City has said.

VOV.VN - The Ministry of Planning and Investment (MOPI) on August 30 organized a technical and educational trade and investment seminar in Hanoi, for those interested in doing business in Cuba. 

Vietnam will temporarily halt the granting of Government guarantees for loans to new projects from 2017 to ensure a safe level of public debt following Prime Minister Nguyen Xuan Phuc’s directive.