The prices of petrol and oil increased as from 15:00 of May 23 following a joint decision of the Ministry of Finance and Ministry of Industry and Trade.
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.
The relationship between Vietnam and the US continues to develop effectively in many areas, of which economic and trade cooperation is one of the focuses, said Deputy Prime Minister Vuong Dinh Hue.
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.
While online retailers are forced to accept million-dollar losses to gain market share, informal Facebook retailers are striking it rich.
The southern province of Dong Nai absorbed nearly 690 million USD in 76 newly-licensed and existing foreign-invested projects this year to May 17, up 143 percent against the same period last year and fulfilling nearly 70 percent of the annual target.
Vietnam’s seafood has doubled great efforts to encourage the European Commission (EC) to withdraw its ‘yellow card’ warning and focused on developing a sustainable seafood industry for the future.
Local authorities have proposed adding tens of golf course projects to the program on golf course development, a move many economists oppose.
Wholesale supermarket MM Mega Market Vietnam has exported more than 100 tonnes of Vietnamese agricultural products to Thailand for selling through 700 Big C malls, where the two retailers share a parent.
The southern province of Dong Nai has been working with agencies on a project to turn Bien Hoa I Industrial Zone into a commercial and service centre.
Exports of cuttlefish and octopus to Russia skyrocketed by 889% to US$1 million in the first quarter of this year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
VN-Index fell sharply for the second consecutive day, dropping nearly 24 points on May 17.
The northern province of Bac Giang is working out measures in an effort to attract 2 billion USD in domestic and foreign investment in 2018.
Cuba has emerged as the third biggest investment destination of Vietnamese enterprises after Laos and Cambodia.
The Vietnamese Government has issued a resolution on continuing with solutions and tasks to improve the business environment and increase national competitiveness in 2018 and beyond.
The World Bank and the Ministry of Transport hosted a workshop on May 15 to launch the implementation of the Vietnam Logistics Statistical System Project and highlight the importance of strengthening the transport and logistics sectors to boost trade competitiveness.
The BW Industrial Development JSC, a joint-venture between the US private equity fund Warburg Pincus and Vietnam’s Investment and Industrial Development Corporation (Becamex IDC), made debut in the southern province of Binh Duong on May 15.
The first months of 2018 have seen positive socio-economic signs with the ten-year highest GDP growth of 7.38%, macro-economic stability and controlled inflation, a seminar heard in Hanoi on May 15 on the Vietnamese economy’s outlook for 2018 and to 2020.
Export turnover of tra fish reached 438.2 million USD in the first quarter of 2018, an increase of 18 percent year-on-year, according to the Association of Seafood Exporters and Producers (VASEP).
The Hai Phong International Container Terminal (HICT) in the northern port city of Hai Phong was inaugurated on May 13 and received the first ship.