Business

Only 12% of the alcohol manufacturing facilities in Vietnam meet business requirements and given permits by the Ministry of Industry and Trade.

Indonesian President Joko Widodo has expressed his optimism that Indonesia will become the world’s fourth largest economy by 2045.

The Ministry of Industry and Trade has just published its foreign trade report in 2016.

The proposal on the application of Euro 4 emission standards as of March 31, 2017 made by the Ministry of Transport (MoT) may become a barrier to domestic automakers, while promoting imported products.

Danang City has asked the investor of Tien Sa eco-tourism resort to halt the project as the constructions are being conducted without licence.

Viettel Telecom Company have brought big changes to the telecommunications sector in the eastern African country of Tanzania.

Vietnam has recorded a trade deficit of nearly USD2 billion so far this year following the trade surplus of USD2.7 billion in 2016.

The mid-end segment dominated Hanoi’s apartment market in the first quarter of 2017.

Vietnam has seen a sharp decline in rice exports, so it will be a challenge for the country to reach the set target of exporting 5 million tonnes of rice this year.

As rubber prices have risen, rubber plantations in the Central Highlands have faced labour shortages after many were fired as the sector suffered in the past.

Six banks - BIDV, Vietcombank, VietinBank, Agribank, LienVietPostBank, and SHB - pledged credit of VND26 trillion ($1.14 billion) for ten major projects in central Quang Nam province on March 26 at the Investment Promotion Conference.

Hundreds of enterprises and tourism authorities from 25 countries and territories will join with Vietnam at the 5th Vietnam International Travel Mart (VITM Hanoi 2017) in Hanoi.

A customer from Hanoi's Cau Giay District has filed a complaint with the National Citizen Bank twice after an employee cheated her out of nearly VND8.7bn (USD382,000).

The central province of Quang Nam held a conference on March 26, calling for investments in the automobile support industry, garment-textile, and entertainment services in coastal areas, hi-tech agriculture, and the pharmaceutical industry.

Domestic and foreign investors have registered to pour VND86 trillion ($3.86 billion) into 25 projects in central highlands provinces between now and 2020, the Vietnam News Agency reports.

Prime Minister Nguyen Xuan Phuc has urged the shrimp sector to achieve export value of USD10 billion by 2025; however, it won’t be easy for the sector to reach the ambitious target.

News about forest devastation cases occurring throughout the country have appeared in newspapers recently. Deforestation has also been a hot item on the agenda of the National Assembly’s Standing Committee.

Vietnamese agriculture, battling to retain confidence among consumers, is losing market share across the agriculture and food spectrum, once considered its unbreakable home turf.

Foreign direct investment (FDI) in Việt Nam surged to US$7.71 billion in the first quarter of 2017, exceeding the amount during the same period in 2016 by 91.5 per cent.