Business

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.

The total number of automobiles sold in 2016 by members of the Vietnam Automobile Manufacturers Association (VAMA) reached 304,427 units, up 24 per cent against 2015 and the highest in 20 years, the association announced on January 11.

Vietnam is considered the biggest beer market in South East Asia with nearly 3.8 billion litres of beer consumed in 2016.

JLL Vietnam has reported that the real estate markets in both Ho Chi Minh City and Hanoi had a very strong 2016, with multiple new highs recorded in all facets of the residential market.

A Vietnam-Philippines business forum took place in Ho Chi Minh City on January 11 with more than 120 businesses from both countries taking part.

Police in Hanoi have arrested three men involved in the mass production of fake nutritional supplements using well-known international brand names.

The total number of automobiles sold in 2016 reached 304,427 units, the highest level recorded by Vietnam’s auto market in the past 20 years, the Vietnam Automobiles Manufacturers Association announced.

Ministry of Public Security's Economic Police Unit has arrested and prosecuted seven former leaders of Trust Bank in a corruption case involving trillions of VND.

Major Vietnamese banks, including Vietinbank, Vietcombank and BIDV, have reported high profits in 2016.