Circular No. 07/2018/TT-BCT dated April 26, 2018 of the Ministry of Industry and Trade on amendments to Circular Nol 21/2017/TT-BCT dated October 23, 2017 by the Minister of Industry and Trade on promulgation of National Technical Regulation on contents for formaldehyde and certain aromatic amines derived from azo colourants in textile products (Wednesday, May 23,2018)
Circular No.: 03/2018/TT-BXD dated April 24, 2018 of the Ministry of Construction elaborating on a number of articles of the Government’s Decree No. 139/2017/ND-CP dated November 27, 2017 on penalties for administrative violations against regulations on investment and construction; extraction, processing and trading of minerals used in construction, production and trading of minerals used in constructions, production and trading of building materials; management of infrastructural construction; real estate business, housing development management and operation of apartment buildings and office buildings (Wednesday, May 23,2018)
Decree No. 51/2018/ND-CP dated April 09, 2018 of the Government on amendments to some articles of the Government’s Decree No. 158/2006/ND-CP dated December 28, 2006 elaborating the Commercial Law with respect to trading in commodities through commodity exchanges (Wednesday, May 16,2018)
Decision No. 351/QD-TTg dated March 29, 2018 of the Prime Minister on approval for target program for investment in infrastructure of coastal economic zones, bordering economic zones, industrial parks and clusters, high – technology zones and high – tech agricultural zones for the period of 2016-2020 (Wednesday, May 16,2018)
Vietnamese firms using e-invoices reach 9,000 (Friday, May 25,2018)
The number of Vietnamese firms using e-invoices has increased from roughly 800 in 2016 to over 9,000, according to the General Department of Taxation (GDT).
Viet Nam firms lack brand strategy: survey (Thursday, May 24,2018)
Vietnamese businesses lack a proper strategy to build brands, a survey by British brand consultant Mibrand has found.
Vietnamese firms strive to access foreign distribution channels (Thursday, May 24,2018)
Along with ensuring quality and safety, Vietnamese firms should make their products’ price suitable and meet customers’ demands to sell in foreign distribution channels, said Naohisa Saeki, AEON Vietnam’s Deputy General Manager.
PVOIL announces shortlist of strategic investors (Thursday, May 24,2018)
The PetroVietnam Oil Corporation (PVOIL), an subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), has selected four investors who are qualified to become strategic shareholders of the firm, PVOIL General Director Cao Hoai Duong said at a meeting with its shareholders on May 22.
Vinamit to bring organic pork and chicken to Big C stores (Wednesday, May 23,2018)
Domestic food processor Vinamit has announced a plan to supply organic pork and chicken for the Big C supermarket chain after the launch of a range of fresh organic vegetables and fruits at six Big C stores, said Nguyen Lam Vien, general director of Vinamit.
30 Vietnamese food businesses to attend ThaiFex 2018 (Wednesday, May 23,2018)
Thirty Vietnamese businesses will showcase their products at the THAIFEX-World of Food Asia which is set to run from May 29 to June 2 in Bangkok, Thailand.
Lotte Vietnam Shopping rejects report on losses (Tuesday, May 22,2018)
The Lotte Vietnam Shopping Joint Stock Company has written to the Ministry of Information and Communications, the Ministry of Industry and Trade, the Ministry of Finance and media outlets rejecting news that it has racked up losses of VND2,300 billion, or over US$100 million, in 11 years, Nguoi Lao Dong Online reports.
Korean firms expand investments in Vietnam (Tuesday, May 22,2018)
The Republic of Korea (RoK) poured US$2.32 billion in Vietnam in the first four months of 2018, making up nearly 30% of the inflow of investment in the Southeast Asian country.
Delta Group - The way to a leading position (Tuesday, May 22,2018)
According to the VNR500 launched by the Vietnam Report in coordination with the Vietnamnet online newspaper, Delta Construction Group is one of the largest private enterprises in Vietnam, and ranked fourth among the top 500 construction businesses in the country in 2017. Delta has turned its nonstop strenuous efforts into this great success on the occasion of its 25th foundation anniversary.
Hoa Sen puts up steel construction pipe plant in Yen Bai (Monday, May 21,2018)
Steel maker Hoa Sen Group on Friday inaugurated a plant that can produce 60,000 tonnes of steel construction pipes annually in the northern province of Yen Bai.
Vietnam Airlines to build logistic hub in Can Tho (Monday, May 21,2018)
The Vietnam Airlines Corporation plans to build a logistics centre in the southern city of Can Tho this year, said Deputy General Director Trinh Hong Quang at a meeting with local leaders on Friday.
AEON Vietnam proposes to build a shopping mall in Can Tho (Monday, May 21,2018)
AEON Vietnam Co, an affiliate of AEON Japan, plans to develop a shopping mall in the Cuu Long (Mekong) Delta city of Can Tho to meet the demands of local people and those from other neighbouring localities, the Vietnam News Agency reports.
Vietnamese businesses reap fruits in foreign markets (Sunday, May 20,2018)
Vietnamese firms have had a lot of success while investing in foreign markets.
SOE equitisation in need of faster pace and better quality (Sunday, May 20,2018)
The equitisation of state-owned enterprises (SOE) requires appropriate measures and prudent implementation in order to meet the set requirements and remain on schedule.
EVN ensures stable electricity supply (Saturday, May 19,2018)
HCM City is expected to have a stable electrical supply during the summer, according to the HCM City Power Corporation (EVN HCMC).
Jetstar Pacific to add more flights to Guangzhou this summer (Friday, May 18,2018)
Vietnam’s low-cost carrier Jetstar Pacific will operate more flights on HCMC-Guangzhou and Hanoi-Guangzhou routes this summer to meet the high demand for air travel, the airline said on May 16.
Samsung Pay allows for transactions by Smart Watch (Friday, May 18,2018)
Apart from smartphones, the smart watch Gear S3 of Samsung now allows Samsung Pay subscribers to make payments without a bank card, a representative of Samsung Vina Electronics Co Ltd said on May 16.
BW Industrial inaugurated in Binh Duong (Thursday, May 17,2018)
Real estate and logistics company BW Industrial was inaugurated in Binh Duong Province on May 15 as a joint venture between the global private equity firm Warburg Pincus and Becamex IDC Corp.
Grab-Uber deal may be illegal: VCA (Thursday, May 17,2018)
Grab’s acquisition of Uber could have violated the Competition Law, said officials of the Viet Nam Competition Authority (VCA) under the Ministry of Industry and Trade, adding that they might begin an official investigation.
Becamex, Warburg Pincus in joint venture (Wednesday, May 16,2018)
Warburg Pincus, a leading global private equity firm focused on growth investing, and Becamex IDC Corp, the construction and development giant in Viet Nam, officially launched their joint venture BW Industrial Development Joint Stock Company on Tuesday.
Licogi 16 aims for US$110 million in consolidated revenue in 2018 (Wednesday, May 16,2018)
Licogi 16 Joint Stock Company (Licogi 16) aims to earn VND2.5 trillion (US$110 million) in consolidated revenue and roughly VND1.96 trillion (US$86.2 million) in stand-alone revenue in 2018, up 65% and 69% year on year, respectively.
Xiaomi opens authorized Mi Store in Hanoi (Tuesday, May 15,2018)
Chinese electronics and software company Xiaomi launched its first authorized store in Hanoi on May 12, taking to seven the total number of its authorized stores in the country within months.
Petrolimex Aviation to supply fuel to all airports (Tuesday, May 15,2018)
Petrolimex Aviation Fuel Joint Stock Company (Petrolimex Aviation) will supply fuel to all 26 airports in Viet Nam, according to the next five-year development plan.
Doosan Vietnam exports first rubber-tyred cranes to India (Tuesday, May 15,2018)
Doosan Heavy Industries Vietnam Co. Ltd. (Doosan Vina) has shipped five rubber-tyred cranes to India.
US$180-million AEON MALL Haiphong to break ground on May 13 (Monday, May 14,2018)
On May 13, Japanese shopping mall developer AEON MALL will receive the investment certificate for its US$180-million “AEONMALL Haiphong–Le Chan” shopping mall. The ground-breaking ceremony of the project will be organised on the same day.
Nippon Sheet Glass to restart idle thin glass float factory in Vietnam (Monday, May 14,2018)
Japanese glass producer Nippon Sheet Glass (NSG) will pump part of a US$365 million investment into upgrading and restarting a currently dormant thin glass float factory in Vietnam, according to the company website.
Businesses in HCM City ready for Industrial Revolution 4.0 (Monday, May 14,2018)
According to the Vietnam Chamber of Commerce and Industry, about 75% of Vietnamese businesses still use the 2.0 and 3.0 technology phase.
Viettel to provide services in Myanmar in Q2 (Friday, May 11,2018)
Vietnam’s military-run Viettel Group will officially inaugurate its services in Myanmar under the trade name of Mytel in the second quarter of 2018.
Kyoei Steel’s prospects after Vietnam Italy Steel acquisition (Friday, May 11,2018)
Will buying an additional 45 per cent stake in Vietnam Italy Steel JSC (VIS) help Japanese Kyoei Steel to grow dominant in the steel manufacturing sector in Vietnam?
Vietnam domestic market commodity prices - May 25 (Friday, May 25,2018)
Following are domestic prices of Vietnam's key commodities.
Vietnam’s exports of crude oil and imports of petroleum in four months (Friday, May 25,2018)
In the first four months of this year, Vietnam’s exports of crude oil fell sharply while the imports of petroleum increased moderately over the same period last year, showed the statistics figures of the General Department of Customs.
Exports to India increased sharply (Friday, May 25,2018)
Vietnam’s exports of goods in the first four months of this year reached US$ 2.1 billion, increased sharply by 104 per cent over the same period last year, showed the statistics figures of the General Department of Customs.
Seafood import markets in first four months (Friday, May 25,2018)
Vietnam’s imports of seafood in the first four months of this year totaled US$ 532.98 million, increased by 26.7 per cent over the same period last year, showed the statistics figures of the General Department of Customs.
EU tops market for Vietnam’s shrimp exports (Friday, May 25,2018)
The European Union (EU) market was the largest export market of Vietnamese shrimp in the first quarter of this year, according to Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnamese exports to Africa face price challenges (Friday, May 25,2018)
Vietnamese exports to Africa have faced price-related challenges as they have to compete with other African nations in terms of import tax, given the fact there is no free trade agreement or preferential trade agreement between Vietnam and regional countries.
Tra fish exports to China continue to thrive (Friday, May 25,2018)
Vietnam’s tra fish (pangasius) exports to China continued to record year-on-year strong growth of 43 percent to 145 million USD in the first four months of 2018.
Vietnam dong, gold and interbank rates - May 24 (Thursday, May 24,2018)
Here's a snapshot of Vietnamese dong exchange rates in the official and unofficial markets, indicative SJC gold prices in Hanoi and interbank offered rates at 0411 GMT.
Viet Nam exports 3-coloured mangos to Australia (Thursday, May 24,2018)
The southern province of An Giang has exported 5.4 tonnes of three-coloured mangoes to Australia for the first time, reported the provincial People’s Committee.
Paper sector unfolds into domestic market (Thursday, May 24,2018)
Domestic paper production has been relatively stable from the beginning of the year, with the sector producing more than 1.18 tons of different types of paper over the first four months of 2018, a year-on-year rise of 60%, according to the Vietnam Pulp and Paper Association (VPPA).
FDI sector significantly contributes to Vietnam’s economy (Thursday, May 24,2018)
The foreign direct investment (FDI) sector has become an important part in Vietnam’s economy, with remarkable contributions to the country’s socio-economic development.
HCM City woos Japanese investors in different spheres (Thursday, May 24,2018)
Ho Chi Minh City calls on Japanese businesses to step up investments in industry, agriculture and tourism in the southern metropolis, said Vice Chairman of the municipal People’s Committee Huynh Cach Mang.
Exports of telephones and components increased over 32% (Thursday, May 24,2018)
Vietnam earned nearly US$ 16.08 billion from exports of telephones and components in the first four months of this year, increased by 32.4 per cent over the same period last year, showed the statistics figures of the General Department of Customs.
Exports of crude oil to China and Singapore fell (Thursday, May 24,2018)
Vietnam’s exports of crude oil totaled 1.22 million tons worth of $ 649.16 million in the first four months of this year, down by 40.1 per cent in quantity and 25.7 per cent in value compared with the same period last year, showed the statistics figures of the General Department of Customs.
Viet Nam’s GDP projected to grow 7% in 2018 (Thursday, May 24,2018)
Viet Nam’s economy could grow by 7.02 per cent in 2018 under a high growth rate scenario, according to the National Center for Socio-Economic Information and Forecast (NCIF).
US hikes tariffs on Chinese steel exported via Vietnam (Wednesday, May 23,2018)
The U.S. government has hiked import tariffs on some steel imports from Vietnam that they said originated in China and evaded anti-dumping duties on Chinese steel.
Vietnam dong, gold and interbank rates - May 23 (Wednesday, May 23,2018)
Here's a snapshot of Vietnamese dong exchange rates in the official and unofficial markets, indicative SJC gold prices in Hanoi and interbank offered rates at 0509 GMT.
Exports of pepper totaled over US$ 307 million in four months (Wednesday, May 23,2018)
Vietnam exported 86,800 tons of pepper worth of US$ 307.1 million in the first four months of this year, increased sharply by 13.8 per cent in quantity but decreased by 34 per cent in value over the same period last year, showed the statistics figures of the General Department of Customs.
Imports of fertilizer increased in first four months (Wednesday, May 23,2018)
Vietnam imported 1.4 million tons of fertilizer worth of US$ 405.9 million in the first four months of this year, down by 9.5 per cent in quantity and 4.5 per cent in value over the same period last year, showed the statistics figures of the General Department of Customs.
CPI likely to reduce in May (Wednesday, May 23,2018)
The Price Management Department could see a slight reduction in the consumer price index (CPI) in May against last month without too many unexpected fluctuations in prices of essential goods.
New decree expected to halt temporary import violations (Wednesday, May 23,2018)
Goods temporarily imported for re-export can be kept in Viet Nam for no more than 60 days from the date of completion of customs formalities, according to a new Governmental decree.
VN-Index nosedives to under 1,000 points in gloomy atmosphere (Wednesday, May 23,2018)
A gloomy atmosphere spread across the stock market on May 22 when all groups of stocks fell, forcing VN-Index to tumble to below 1,000 points.
Vietnam reports significant growth of seafood exports to Russia (Tuesday, May 22,2018)
Vietnam's export of seafood to Russia has increased exponentially year-to-date, the Vietnam's Association of Seafood Producers and Exporters said on Monday.
Vietnam dong, gold and interbank rates - May 22 (Tuesday, May 22,2018)
Here's a snapshot of Vietnamese dong exchange rates in the official and unofficial markets, indicative SJC gold prices in Hanoi and interbank offered rates at 0401 GMT.
Exports and imports of iron and steel in the first four months of 2018 (Tuesday, May 22,2018)
In the first four months of this year, Vietnam’s exports of iron and steel increased sharply while the imports of iron and steel saw decrease, according to the figures of the General Department of Customs.
Viet Nam’s export turnover exceeds US$80bn (Tuesday, May 22,2018)
As of May 15, Viet Nam’s export turnover reached US$82.63 billion, a year-on-year increase of 18.7 per cent, according to the statistics of the General Department of Viet Nam Customs.
EU tops exports of Viet Nam shrimp (Tuesday, May 22,2018)
The European Union (EU) market was the largest export market of Vietnamese shrimp in the first quarter of this year, according to Viet Nam Association of Seafood Exporters and Producers (VASEP).
Vietnam’s economy sees signs of steady growth (Tuesday, May 22,2018)
The national economy is displaying signs of stable growth, according to a government report presented by Deputy Prime Minister Truong Hoa Binh at the 14th-tenure National Assembly’s fifth session, which opened in Hanoi on May 21.
Italian coffee producers highly evaluate Vietnamese coffee beans (Tuesday, May 22,2018)
Italian coffee producers highly evaluated Vietnamese coffee beans as they are essential ingredients of their products, Mario Vicentini from Comunicaffe International, an Italian daily newspaper about coffee, told Vietnam News Agency reporters at Milano Coffee Festival.