Business

More than 80 Vietnamese rice industry professionals representing nearly 50 rice growing, processing and exporting businesses and associations are attending the sixth World Rice Conference in Cambodia on November 19-20.

Vietnamese farmers are seeking help to reduce their dependence on foreign animal feed suppliers.

Car sales in the ASEAN region in the first nine months of 2014 fell by 10.8 percent from a year earlier to 2,380,683 units, said the ASEAN Automotive Federation (AAF).

The police in Nghe An Province has arrested a man who had been supplying customised microchips to dozens of fuel stations designed to cheat consumers.

The Ministry of Finance (MoF) has asked 11 concerned ministries to join hands in simplifying administrative procedures to create the most favourable conditions for import-export activities.

The United States International Trade Commission (USITC) has decided to keep anti dumping tax on pangasius imported from Vietnam at least in the next five years, according to the Vietnam Competition Authority under the Ministry of Industry and Trade.

Minister of Industry and Trade Vu Huy Hoang held a National Assembly Question and Answer session in Hanoi on November 17, easing concerns over the underperformance of large-scale hydropower plants, support industry and the crackdown on smuggling and counterfeits.

Thousands in Vietnam have lost their jobs this year due to the massive closure of companies, creating a rise in unemployment that is expected to continue for some time.

Vietnamese shrimp exporter Quoc Viet in the southern province of Ca Mau has become the first company in Asia to receive an Aquaculture Stewardship Council (ASC) certification.

Around 300 domestic and international companies will take part in the International Vietbuild Hanoi Exhibition 2014, which is scheduled for November 19-23 at the Vietnam Exhibition and Fair Centre, said Dang Kim Giao, head of the Ministry of Construction’s

The national flag carrier Vietnam Airlines sold more than 49 million shares worth VND1,093 billion (US$52.05 million) at its initial public offering (IPO) at the HCM City Stock Exchange on November 14.

Prime Minister Nguyen Tan Dung has told Chairman of the Management Board of Russia’s Gazprom Neft Company A. Dyukov that Vietnam always backs cooperation between the firm and PetroVietnam for mutual benefit.

At least 15 taxi companies in Hanoi have announced cuts in fees of between VND200 and VND800 per kilometre, according to a report from the Hanoi Department of Finance.

Many pilots employed by Vietnam Airlines have been opting to change to other carriers because of low pay.

The multi-billion US dollar Long Thanh Airport project in southern Dong Nai province was the focus of discussion at the National Assembly on the afternoon of November 14.

Taiwan remained the top market for Vietnamese workers during the first 10 months of this year, according to the Department of Overseas Labour under the Ministry of Labour, Invalids and Social Affairs.

DHL, the world’s leading cross-border express services provider on November 13 announced the launch of a new intra-Asia air route which connects the key economies of Thailand, Vietnam and Hong Kong with flights through big cities such as Hanoi,

The Vietnamese National Assembly has approved the country’s socio-economic development resolution for 2015, including targets for GDP and CPI growth.

According to a survey by the Ministry of Industry and Trade, 44% of internet users in the country have never made an online purchase because of a lack confidence in companies.