Auto prices still high despite zero import tariffs

19/01/2019 12:07

The prices of automobiles remained high in spite of the import duty on completely-built-up (CBU) cars imported from ASEAN markets falling to zero from 30% in 2017. Customers did not benefit from the reduction, and even paid a high price for CBU automobiles with fewer than nine seats last year.

Microsoft investment incentivized in Vietnam

17/01/2019 09:25

Deputy Prime Minister Vu Duc Dam has affirmed the Vietnamese Government’s willingness to encourage foreign enterprises, including Microsoft, to expand their investments in Vietnam while hosting President of Microsoft Asia and Corporate Vice President of Microsoft Corporation Ralph Haupter in Hanoi on January 16.

3rd Proof of Concept competition in Vietnam launched

16/01/2019 18:36

PSNews - The Vietnam Climate Innovation Center (VCIC) on January 16 announced its Third Proof of Concept Competition (POC 3) under the theme of “Women and the future of green economy”, calling for innovative ideas to turn climate challenges into business opportunities.

Vietnam's export soars in 2018

14/01/2019 15:01

Last year Vietnam achieved a GDP growth of 7.08%, exceeding the target set by the National Assembly. More particularly, export revenue posted an impressive result, bringing Vietnam into the company of the world’s leading exporters.

Vietnam retains its position as world’s leading cashew exporter

14/01/2019 14:47

The cashew sector of Vietnam continued to sustain its position as the world’s leading processor and exporter of the nut during 2018 as the country processed 1.65 million tons of raw cashew and exported 391,000 tons of cashew nuts worth a total of US$3.52 billion.

Motorcycle sales reach record in 2018

13/01/2019 22:18

Motorcycle sales in 2018 broke the record set seven years ago (3.3 million) with nearly 3.4 million vehicles sold in the domestic market during the year.

HCM City seeks cheaper logistics

13/01/2019 12:40

Logistics fees in Vietnam account for nearly 21 percent of the country’s Gross Domestic Product (GDP), with transport making up 60 percent of the figure, twice as much as some developed economies.

Retailers take to M&A to get the upper hand

12/01/2019 13:20

Mergers and acquisitions (M&A) in the retail and consumer market maintained its pace in 2018 with more deals clinched. Not only did foreign retail giants use M&A to enter Vietnam, local businesses are also on the offensive to regain some ground.

Agriculture: new engine for growth

12/01/2019 13:19

With strong growth spurred on by rising investments and exports, the high-tech agro-forestry-fishery sector has, for the first time, been officially considered as one of the key propellants of national economic growth in 2019. However, businesses are awaiting new incentives.

Cultivation targets 21 billion USD in export revenue

10/01/2019 11:25

The Department of Crop Production under the Ministry of Agriculture and Rural Development (MARD) has set the goals of 1.7 percent production growth and 21 billion USD in export revenue for the cultivation sector in 2019.