The Geographical Indication (GI) of "Ngoc Linh" for ginseng root products was officially announced in Quang Nam and Kon Tum provinces last week.

The State Bank of Vietnam has directed its supervisors and credit institutions to enhance control on lending to borrowers with large outstanding loans.

The total national retail value of goods and services in August reached nearly VND292.8 trillion (US$13 billion), with purchasing power declining 0.3% against July.

The industry and trade ministry is drafting an action plan for lowering logistics costs to 18% of the country’s gross domestic product (GDP) by 2020.

President Tran Dai Quang’s visit to Singapore from August 28-30 is expected to give an added impetus to the already thriving trade and investment relations between Vietnam and Singapore.

The Ministry of Finance (MOF) has submitted to the government a plan to lower the corporate income tax (CIT) rate to 17% for small and medium sized enterprises (SMEs).

Vietnam’s export growth rate was modest at 5.7% in the first half of 2016, the lowest in the last five years. This has raised concerns that the 6.7% GDP growth rate may be unattainable, while state budget revenue will shrink.

Thailand’s TCC Holding has unveiled a major plan to buy more Vietnamese farm produce and seafood for sale at supermarkets of Big C Thailand in the coming time.

World Bank Group member IFC now owns some 5% of Tien Phong Bank’s stakes, to further assist the lender in expanding its loan services to better serve growing Vietnamese businesses.

Vinacafe has admitted that it made "coffee mixed with soybeans" and vowed never to do it again. How will the public react?