Technical checks prove burden for enterprises

22/08/2017 21:23

Businesses in Vietnam spend 28.6 million working days and VND14.3 trillion (USD629.2 million) annually to complete procedures related to technical checks on around 100,000 types of goods.

Exports to UK see slight rise

22/08/2017 15:13

Vietnam exports to the UK hit US$2.8 billion in the first seven months of this year, up 1.61% against the same period last year, according to the General Department of Vietnam Customs.

Temporary duties on fertiliser may hurt farmers

21/08/2017 15:34

The imposition of temporary safeguard duties on DAP and MAP fertiliser imports into Vietnam, which came into effect on August 19, is an effort to help protect the domestic fertiliser industry but might push up production costs for farmers.

Vietnam crowded retail market losing its appeal

19/08/2017 15:55

Family Mart has decided to follow the lead of Parkson Retail Asia and stop throwing good money after bad into the Southeast Asian Vietnamese retail market, according to a report by Reuters.

Hanoi calls for investment in 12 start-up IT projects

18/08/2017 22:17

Hanoi’s Department of Information and Communications on August 18 organised an investment promotion conference to call for investment in 12 start-up projects under the Hanoi Innovative Business Incubator of Information Technology.

Savills: Opportunities in underground urban planning

17/08/2017 21:35

The construction and development of underground urban areas is an indispensable trend in modern urban development, according to Savills Vietnam. In the case of Ho Chi Minh City, the consultancy firm emphasizes the potential for real estate segments to be formed in underground areas.

Finance Ministry proposes new tax on pickups

16/08/2017 20:20

The Ministry of Finance has proposed that the Government apply a special consumption tax on pickups to be set at 60 percent of the tax on cars with nine seats or less with similar engine displacement, a move that would sharply increase their costs.

Vietnam-India trade posts strong growth

16/08/2017 16:38

Vietnam’s total export-import turnover to India reached US$4.24 billion in the first seven months of this year, representing a year-on-year rise of 42.95%.

High-tech farming development sluggish

15/08/2017 15:01

The development of high-tech agriculture in Vietnam remains sluggish due to unplanned and small-scale production, and is not commensurate with the country’s comparative advantages and efforts.

Cultivation growth predicted to reach 2.05% in 2017

14/08/2017 20:20

The cultivation sector is expected to grow up to 2.05% in 2017 thanks to bright prospects in major export markets, according to the Cultivation Department under the Ministry of Agriculture and Rural Development (MARD).

Asian shares bounce after losses, dollar sags on weak U.S. CPI

14/08/2017 10:46

Asian stocks bounced on Monday after three losing sessions, tracking a firmer Wall Street, while the dollar was weighed down by tensions on the Korean peninsula and weak U.S. inflation data which dampened prospects of another Federal Reserve interest rate hike later this year.

HCM City trials scrapping construction licence

13/08/2017 21:20

The Ho Chi Minh City People’s Committee has scrapped construction permits for individual houses on a trial basis in residential areas where the 1/500 scale detailed planning is complete.

Radical proposals for special administrative-economic zones

13/08/2017 10:10

The abolition of people’s councils, permitting casinos to be set up and allowing foreign investors to lease land for 99 years are among the main provisions of a proposed new law to govern the three special administrative-economic zones in Vietnam.