Economy

More than 64,500 new firms established in first half of 2018

Monday, 02 July 2018 13:23

More than 64,500 new firms established in first half of 2018 More than 64,500 enterprises were established with a registered capital of approximately VND649 trillion (US$28.4 billion) over the first six months of the year, General Statistics Office data has revealed.
 

Grab defends expansion proposal following ministry’s rejection

Saturday, 30 June 2018 13:33

Grab defends expansion proposal following ministry’s rejection Ride-hailing firm Grab has expressed disappointment with the Ministry of Transport’s opposition to the firm’s operation expansion proposal.
 
 

Ministry of Industry and Trade rejects supermarkets to open all day

Friday, 29 June 2018 11:48

Ministry of Industry and Trade rejects supermarkets to open all day On June 28, as soon as he returned from Brussels, Minister of Trade and Industry Tran Tuan Anh sent a dispatch to order the immediate stopping the draft Decree that supermarkets must be open all day, the Ministry of Industry and Trade informed the media.
 
 

Foreign firms eye Vietnam’s energy industry

Thursday, 28 June 2018 14:10

Foreign firms eye Vietnam’s energy industry Vietnam has emerged in SE Asia as an important energy, natural oil and gas producer. Ranked fifth in the region in oil & gas production and oil reserves, Vietnam has discovered 100 potential oil fields with estimated total reserves of 643 million tons of oil and 644 billion cubic meters of gas.  
 
 

Vietnam launches over 1 million carbon credits to international market

Wednesday, 27 June 2018 11:50

Vietnam launches over 1 million carbon credits to international market Vietnam has launched more than 1 million voluntary carbon credits from household biogas plants to the international market as part of the Biogas Programme for the Animal Husbandry Sector in 2016-2020.
 
 

VN central bank tries to extend divestment deadline for small banks

Tuesday, 26 June 2018 13:38

VN central bank tries to extend divestment deadline for small banks Small lenders find it difficult to reduce cross-ownership in other banks. The State Bank of Viet Nam has sought the Government’s permission to allow credit institutions more time to sell their stakes in other lenders since many smaller ones are struggling to do so.  
 
 

Ministry proposes tougher bitcoin regulations

Monday, 25 June 2018 12:45

The Ministry of Finance (MoF) has proposed to temporarily halt the import of bitcoin mining machines to improve the management of bitcoin and cryptocurrency transactions.
 
 

Customs gets tough on waste imports

Friday, 22 June 2018 12:40

Customs gets tough on waste imports The General Department of Vietnam Customs has ordered customs agencies in cities and provinces to place tighter controls on waste imports into Vietnam, Thanh Nien newspaper reported.
 
 

Vietnam deals with pressure to improve labour productivity

Thursday, 21 June 2018 12:58

Vietnam deals with pressure to improve labour productivity Experts have warned that the momentum of Vietnam`s economic growth has not really come from increased labour productivity. 
 
 

Vietnamese logistics industry short of personnel

Tuesday, 19 June 2018 10:37

Vietnamese logistics industry short of personnel Despite its huge potential and forecasted annual growth rate of 12 per cent, as well as import-export turnover reaching $623 billion by 2020, the Vietnamese logistics industry is facing difficulties in enlisting personnel, especially skilled employees.
 
 

Fresh litchi to be served on Vietnam Airlines’ flights

Monday, 18 June 2018 13:47

Fresh litchi to be served on Vietnam Airlines’ flights Fresh litchi, which is in season now in northern Vietnam, is being served to business-class and premium-class passengers on Vietnam Airlines’ international and domestic flights departing from Hanoi. 
 
 

Pharmaceutical firms make big investments on predicted market growth

Sunday, 17 June 2018 06:58

Pharmaceutical firms make big investments on predicted market growth The pharmaceutical industry is expected to see big changes this year thanks to investments from both Vietnamese and foreign companies.
 
 

Growing middle class drives car demand in Vietnam

Wednesday, 13 June 2018 17:03

Growing middle class drives car demand in Vietnam Vietnam now has a golden population structure and a fast growing middle class – potential buyers of private cars, which is forecast to boost domestic car sales by about 22 percent annually from now to 2025.
 
 

Domestically-assembled cars overwhelm imported vehicles

Tuesday, 12 June 2018 13:57

Domestically-assembled cars overwhelm imported vehicles A total of 23,065 automobiles were sold in the domestic market in May, up 9 percent against the previous month, reported the Vietnam Automobile Manufacturers’ Association (VAMA).
 
 

Which way out for Vietnam’s pepper?

Monday, 11 June 2018 13:56

Which way out for Vietnam’s pepper?   Analysts have repeatedly warned about the falling pepper export price, which has led to a drop in export turnover, despite a rise in export volume.  
 
 

Supermarkets in VN may be open up to 22 hours a day

Saturday, 09 June 2018 12:54

Supermarkets in VN may be open up to 22 hours a day The Ministry of Industry and Trade has drafted a Government decree that encourages supermarkets to stay open for up to 22 hours a day, Thanh Nien newspaper reports.
 
 
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