VinFast, the automobile manufacturer belonging to Vingroup, said it is selling cars at a loss.
Deputy Prime Minister Vuong Dinh Hue has highlighted the leading role of cooperatives in connecting farmers with businesses, towards promoting strong and effective agricultural production and consumption.
Vietnam-focused activist investment company Endurance Capital Vietnam I Ltd. recently decided to increase its ownership in local partner Nafoods by adding a total of 753,958 shares to its current holding, and thereby becoming the latter’s major shareholder with a total of 5.5 per cent of the shares.
The Finance Ministry (MoF)’s proposal to almost triple the environmental protection tax on oil and gas consumption would reduce businesses’ competitiveness against foreign firms, according to the Vietnam Chamber of Commerce and Industry (VCCI).
The figures to which the agriculture ministry (MARD) has been using while drafting the sugar industry's development strategy are not sufficiently reliable.
Up to 19 wind power projects have been registered in Binh Thuan Province but investors are yet to start work on them, saying the current selling price regulated for this source of green energy is below production cost.
VOV.VN -The country’s kernel exports for the first half of 2016 jumped 4.4% in volume and 11.1% in value when compared to the first half of last year, says the Vietnam Cashew Association.
The Robusta price in the past had climbed to as much as VND50 million per ton, which helped many farmers get rich.
The Vietnam Coffee and Cocoa Association (Vicofa) said the 2014-2015 coffee crop has seen sharp declines in both export volume and revenue due to unfavorable global market developments.
Automobiles which are priced higher in Vietnam than in regional countries is the reason for the sluggish development of the automobile industry, experts say.
With global rubber prices continuing to fall after a rout last year, things are expected to remain very difficult for the industry, the State-owned Vietnam Rubber Group has warned.
Consultancy firms from Vietnam and the Republic of Korea (RoK) gathered at a workshop in Ho Chi Minh City on November 26 to share experience in renovating business operation.
(VOV) -Businesses regard value added tax (VAT) reductions as a practical measure to help them through a difficult time.