The appearance of two new versions will increase the total number of Hyundai Tucson models in Vietnam market to four and strengthen the car’s competitiveness with competitors in the segment of 5 seat-crossovers.
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.
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.
The disbursement of public investment and official development assistance-based capital through the end of the year is expected to reach government targets.
Vietnam’s Ministry of Agriculture and Rural Development (MARD) and the Australian Centre for International Agricultural Research (ACIAR) agreed to a long-term commitment to agricultural research collaboration in a bilateral meeting and signing event on August 22.
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.
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’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.
The northern province of Quang Ninh has envisioned turning the Van Don special administrative-economic zone into a smart and green island urban area, according to Secretary of the provincial Party Committee Nguyen Van Doc.
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.
The Ministry of Finance suggested reducing corporate income tax for small and medium-sized firms which make up of 98% of total local firms.
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.
Experts are advising software firms to spend money in niche markets.
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%.
Vietnam’s first polyester fibre manufacturing plant may soon resume production following the investor’s strong commitment.
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.
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 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.
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.
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.