Russian firms interested in Vietnamese market

26/06/2017 20:40

Russian firms are intrigued by the Vietnamese market, given that the ruble is falling and Russian manufacturers are eyeing international markets, said Olga Koshev, President of the Inter-Regional Organisation for Support and Protection of Small and Medium-sized Enterprises.

Hanoi investment conference brings in trillions of VND

25/06/2017 20:46

Hanoi presented decisions approving investment proposals and investment licences for 48 projects with total registered capital of over VND74 trillion (US$3.25 billion) on June 25 at the conference themed “Hanoi 2017 – Investment and Development Cooperation”.

HCM City remittances worth $2.1 billion in H1

24/06/2017 21:30

Remittances to HCM City in the first six months of the year were worth US$2.1 billion, marginally up from the same period last year, according to the State Bank of Viet Nam’s HCM City branch.

Central bank looks to up foreign reserves

24/06/2017 20:32

The State Bank of Vietnam’s transaction centre this week raised the reference buying rate for the US dollar by 50 VND to 22,725 VND, revealing its intention to expand foreign reserves.

Business inspection should be corrected

23/06/2017 21:54

PSNews - A survey released by the Vietnam Chamber of Commerce and Industry (VCCI) shows that many localities have failed to comply with Resolution 35/NQ-CP issued the Government on business support and development toward 2020, which allows competent agencies to conduct a regular inspection over a business only once a year. Facts also display that businesses face a number of inspections with similar contents per year, which has lost the businesses time, caused burdens to them, and worsened the Vietnam business environment.  

Apparel industry faces tough times despite high export growth

22/06/2017 21:25

Vietnam’s textile and garment industry is facing tough times to connect itself with global supply chains, although the industry’s export revenue growth is expected to stay high, according to the Vietnam National Textile and Garment Group (Vinatex). 

Vietnam stops licensing new cars for app-based taxi services

20/06/2017 08:36

The pilot program allowing Grab and Uber as well as several local taxi and transportation companies to operate their app-based services in three Vietnamese localities has expanded so rapidly that the transport ministry has been forced to put the brakes on it.

PM orders halt to golf course construction at Tan Son Nhat airport

18/06/2017 21:04

Prime Minister Nguyen Xuan Phuc has ordered the Ministry of National Defence to halt all construction works related to auxiliary infrastructure for a golf course, including a golf school, villas and luxury apartments, in the vicinity of Tan Son Nhat International Airport.

Credit support programme benefits 4,000 firms in HCM City

17/06/2017 09:47

More than 4,000 enterprises in Ho Chi Minh City were provided with credit loans worth over VND124.3 trillion (nearly US$5.47 billion) in the first five months of this year under a cooperation programme on credit support between businesses and commercial banks.

Policies key to attracting foreign investment

16/06/2017 16:19

Places with stable and favourable policies which promote business linkages are magnets for foreign investment, said Chairman of the Japanese Business Association in Vietnam Sagara Hirohide.