Economy

Ministry, steel firms work to seek exemption from US duties

Saturday, 26 May 2018 11:58

Ministry, steel firms work to seek exemption from US duties The Ministry of Industry and Trade (MoIT) is working with steel businesses to handle procedures required by the US Department of Commerce (DoC) to seek exemption from duties by proving their products are not made from Chinese materials.
 

Government targets 6.8 percent in GDP growth in 2019

Friday, 25 May 2018 16:39

Government targets 6.8 percent in GDP growth in 2019 The Government will strive for gross domestic product (GDP) growth of 6.8 percent in 2019, according to a direction freshly inked by Prime Minister Nguyen Xuan Phuc.
 
 

Vietnam’s foreign reserves hit $64 billion

Thursday, 24 May 2018 13:59

Vietnam’s foreign reserves hit $64 billion Vietnam’s foreign reserves has increased by 130 percent to nearly 64 billion USD in the past two-and-a-half years, Prime Minister Nguyen Xuan Phuc has said.
 
 

Vietnam’s steel industry faces trade defence measures

Wednesday, 23 May 2018 12:59

Vietnam’s steel industry faces trade defence measures As Vietnam seeks to increase its steel exports amid global overcapacity, the steelmaking industry is expected to face tremendous pressure from trade defence measures deployed by the importing countries.
 
 

Gov’t asked to help automakers overcome difficulties

Tuesday, 22 May 2018 12:41

Gov’t asked to help automakers overcome difficulties   Auto businesses are concerned about Viet Nam’s future policy orientation with regard to the auto industry, which they think will affect their business strategy.
 
 

VN Central Bank to probe credit institutions’ operation

Monday, 21 May 2018 11:48

VN Central Bank to probe credit institutions’ operation The State Bank of Viet Nam (SBV) asked credit institutions to review their implementation of the SBV’s regulations on consumer loan management in a document issued this week.
 
 

Ministries urged to remove 49 percent foreign cap

Saturday, 19 May 2018 13:28

Ministries urged to remove 49 percent foreign cap The Prime Minister’s working group has asked the ministries of Finance and Planning and Investment to swiftly lift the foreign ownership limit of 49 percent at enterprises where foreign investment is not restricted.
 
 

FDI highlighted as key driving force of the economy

Friday, 18 May 2018 13:04

FDI highlighted as key driving force of the economy The Vietnamese government have re-affirmed the great contributions that foreign direct investment (FDI) has made to the Vietnamese economy in the past three decades, stressing that this type of capital will continue being vital to the country.
 
 

Deputy PM: Public capital disbursement must be publicised

Thursday, 17 May 2018 14:23

Deputy PM: Public capital disbursement must be publicised Deputy Prime Minister Vuong Dinh Hue has requested the Ministry of Planning and Investment and Ministry of Finance to monthly publicise the disbursement of capital for public investment projects by ministries, sectors and localities.
 
 

Decree stipulates investor’s equity ratio in PPP projects

Wednesday, 16 May 2018 14:49

Decree stipulates investor’s equity ratio in PPP projects The Government promulgated Decree No. 63/2018/ND-CP on investment in form of public-private partnership (PPP).
 
 

PM receives Lao Minister of Science and Technology

Tuesday, 15 May 2018 13:52

PM receives Lao Minister of Science and Technology Prime Minister Nguyen Xuan Phuc has hailed the current Vietnam visit by Lao Minister of Science and Technology and Chairman of the Lao National Scientific Institute Boviengkham Vongdara for contributing to lifting ties between the two countries.  
 
 

Vietnam works hard to respond to EC’s warning of IUU fishing

Tuesday, 15 May 2018 13:52

Vietnam works hard to respond to EC’s warning of IUU fishing Vietnam has been active in implementing nine recommendations related to the fight against illegal, unreported and unregulated (IUU) fishing of the European Commission (EC) to ensure responsible and sustainable fisheries, said Minister of Agriculture and Rural Development (MARD) Nguyen Xuan Cuong. 
 
 

NA Standing Committee debates Government supplementary report

Tuesday, 15 May 2018 13:51

NA Standing Committee debates Government supplementary report The National Assembly Standing Committee began its 24th session on May 14 with discussions on the Government’s supplementary report on socio-economic performance in 2017. 
 
 

Domestically made dairy products have upper hand over imports

Monday, 14 May 2018 12:41

Domestically made dairy products have upper hand over imports Domestic dairy production has been increasing rapidly, while the proportion of imports in total domestic consumption is on the decrease, which is good news for Vietnam’s dairy industry.  
 
 

Habeco requested to pay $81mil in tax liabilities

Saturday, 12 May 2018 13:17

Habeco requested to pay $81mil in tax liabilities The State Audit of Vietnam (SAV) has proposed the Hanoi Beer Alcohol and Beverage JSC (Habeco) pay the State budget 1.85 trillion VND (81 million USD) in tax liabilities.  
 
 

Vietnam pledges to strictly handle violations of IP rights

Friday, 11 May 2018 14:00

Vietnam pledges to strictly handle violations of IP rights The market management force of Vietnam is committed to strictly handling violations of intellectual property (IP) rights so as to create an optimal environment for foreign investors, including those from the Republic of Korea (RoK), an official of the Ministry of Industry and Trade (MoIT) has said.
 
 
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