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.
Products including telephones and spare parts, garment and textiles, electronics and computers are expected to bring highest export turnover to the country in 2017, said the Ministry of Industry and Trade.
HCM City – Vietnamese business community is known as a group of hard-working and creative people, but linkages among the community’s members and connections between the business community and authorities are not developed enough to internationally integrate and compete.
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 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.
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.
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.
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 Republic of Korea will receive 7,900 Vietnamese workers in 2018, said Nguyen Gia Liem, said Deputy General Director of the Overseas Labour Department under the Ministry of Labour - Invalids and Social Affairs (MoLISA).
The average labour productivity in Vietnam increased from 1,700 USD per laborer in 2006 to 2,672 USD in 2017, according to the Vietnam Institute for Economic and Policy Research (VEPR).
The Dung Quat Oil Refinery (BSR) in the central province of Quang Ngai, the first oil refinery in the country, has been recognised among the top ten eco-friendly factories in Vietnam this year.
Deputy Prime Minister Vuong Dinh Hue has agreed with the Ministry of Finance’s proposal to exempt tax on imported goods of Emirates Airline.
The VN-Index on the Ho Chi Minh Stock Exchange (HOSE) gained 0.34 points to close at 1,026.8 points on May 4 after a strong drop on the previous day.
More than 30 leading Vietnamese manufacturers of garments, textiles and fashion accessories as well as garment-related industries have displayed their products at Hong Kong’s largest one-stop sourcing fashion show.
The Vietnamese Government has given a range of priorities to foreign investors to develop production and do business in Vietnam, including those from Singapore, said Prime Minister Nguyen Xuan Phuc.
The Mekong Innovative Startups in Tourism (MIST) Startup Accelerator has announced that 19 startups have qualified to join its 2018 program.
Foreign-invested enterprises disbursed 3.88 billion USD in the first quarter this year, up 7.2 percent annually, according to the Ministry of Industry and Trade’s Foreign Investment Agency (FIA).
Vietnamese enterprises operating in the fields of food and hospitality are attending the Food & Hotel Asia (FHA) 2018 which is taking place in Singapore from April 24-27.
More efforts should be made to boost administrative reform in the banking system to further facilitate access to credit for micro, small and medium enterprises.