Business

The list of top 500 companies in Vietnam in 2016 was announced at a ceremony in Hanoi on January 19.

Deputy chairman of HCM City, Le Thanh Liem received vice president of the Japan External Trade Organisation, Tatshuhiro Shindo, and a delegation of Japanese enterprises who came to seek investment opportunities in the city.

Microsoft Vietnam and the Saigon Innovation Hub (SIHUB) have signed a strategic partnership on supporting, training, consulting and implementing startup projects in the information technology sector.

The Vietnam Dairy Association will collaborate with Vietnam Advertisement and Fair Exhibition JSC to hold Vietnam Dairy 2017, the first international festival about milk and milk products in Vietnam.

Seventeen Vietnamese banks have been named among the 500 strongest banks in Asia Pacific, according to a report released by the Asian Banker magazine.

Vietnam enjoyed a trade surplus of US$2.32 billion last year, according to the General Department of Customs, slightly lower than the initial estimate of US$2.68 billion made by the General Statistics Office.

PM Nguyen Xuan Phuc has highlighted the significant role of Vietnamese and Japanese businesses in promoting the strategic partnership between the two countries.

The Ministry of Finance has proposed, in a draft law, to almost triple the environmental protection tax on oil and gas consumption from the current VNĐ3,000 (US$0.13) to VNĐ8,000 per litre.

The Ministry of Finance (MoF) on Friday delivered documents to the Ministry of Industry and Trade (MoIT) regarding the management of 877 formula milk products for children less than six years old. The Domestic Market Department under the MoIT

The Ministry of Industry and Trade has announced a number of wrongdoings at two multi-level marketing companies, Amway Vietnam and Thien Ngoc Minh Uy.

The State Bank of Vietnam (SBV) will control inflation under 4 per cent and stabilise the macro economy to reach a GDP growth of 6.7 per cent, as well as ensure a safe operation for the banking system, a

Vietnam will export a maximum of 3 million tons of rice to the Philippines under a bilateral commercial agreement extended until the end of 2018.

Vietnam’s auto industry saw its highest level of foreign direct investment thanks to loosened tax policies and rising personal incomes.

Hanoi Beer Alcohol and Beverage Joint Stock Corporation (Habeco) will start trading with code BHN on the HCM Stock Exchange (HOSE) on January 19, the southern bourse announced.

The rate of enterprises registering online is expected to reach 30 percent this year, said Tran Thi Hong Minh, head of the Business Registration Management Agency under the Ministry of Planning and Investment.

VNPT and MobiFone are in the list of the 240 state-owned companies to be restructured in the 2016-2020 period and among the 27 companies where the government is going to hold between 50 and 65 per cent.

Ratings agency Moody's has agreed to pay nearly $864 million in a settlement with the US authorities over its inflated ratings of risky mortgage securities that contributed to prompting the 2008 global financial crisis, the Justice Department said Friday.

The Vietnam Association of Seafood Exporters and Producers (VASEP) has warned local companies against trade fraud with an Egyptian company.

The Vietnam National Oil and Gas Group and ExxonMobil Vietnam have signed a framework agreement on the Ca Voi Xanh field project development and a gas purchase agreement from the Ca Voi Xanh field.