Business

Police have seized 34 houses in Vietnam and abroad that were owned by former Vinashin official Giang Kim Dat who involved in stealing nearly USD20 million.

The Malaysian Ministry of International Trade and Industry (MITI) will open a representative office in Hanoi latter this year to embrace economic links with Vietnam.

The Vietnam Association of Seafood Exporters and Producers has forecast shrimp exports to the US to fall by 40 per cent this year to US$638 million.

100 young businessmen and women were honoured on August 9 in Hanoi for their outstanding talents.

The HCM City People’s Committee has unveiled that it will lead a contingent of representatives of the business community on a visit to Russia this September to evaluate opportunities for trade and investment.

Xuan Kien Auto JSC’s plans to produce a totally made-in-Vietnam car continue to face problems.

Real estate companies in Vietnam are struggling to attract foreign clients despite local authorities having failed to yet issue guidelines for the amended Law on Housing.

China-based foreign investors have deemed Vietnam their top alternative destination, as China’s investment climate becomes less attractive.

Prime Minister Nguyen Tan Dung attended a roundtable workshop with leading Singaporean businesses in Singapore on August 9 on the occasion of celebrating the host’s 50th anniversary of the Independence Day.

Prime Minister Nguyen Tan Dung held a dialogue with members of the ASEAN Business Club and representatives of the Malaysian business community to discuss investment opportunities in Vietnam.

Viet kieu (Overseas Vietnamese), who are intellectuals, experts and skilled workers, have been granted a tax exemption on used cars they bring to Viet Nam, according to a new Government decree.

The harvest of longan approved for the country's first export consignment to the United States in Hanoi and the northern province of Hung Yen will finish in the next ten days, according to the agriculture ministry's Plant Protection Department.

Some 30,000 coal workers in northern Quang Ninh Province have had to stop work after the flooding shut down dozens of mines.

Flights between Viet Nam's southern Can Tho City and Bangkok were suspended yesterday as they were struggling to make money, Director of Vietravel company's southwest region Truong Van Vinh said.

Viet Nam ranks high among ASEAN countries in the number of merger and acquisition (M&A) deals and the value of deals that involved the world's inflow capital, according to the consulting firm RECOF Corporation of Japan.

Prime Minister Nguyen Tan Dung has applauded cooperation between the central banks of Vietnam and Myanmar, which he said has contributed practically to the two countries’ relations.

US Poultry and Egg Export Council president Jim Sumner denied allegations by farmers in Dong Nai Province that the US was dumping cheap chicken legs in the Vietnam market.

The Vietnam Centre for Economic and Policy Research said the poultry and livestock industry will be hardest hit by the Trans-Pacific Partnership Agreement.

Vietnam and the European Union (EU) have basically concluded negotiations on the bilateral free trade agreement (EVFTA), announced Vietnamese Minister of Industry and Trade Vu Huy Hoang at a press conference in Hanoi on August 4.