Business

NA deputies are worried that the renewal of business licenses for FDI firms that use backward technologies may turn Vietnam into the dumping ground of the world.

The Ministry of Industry and Trade has just announced a list of 307 reliable Vietnamese exporters for the 2012-2013 period.

The Buon Ma Thuot Coffee Association has been taking measures to protect and promote its brand from hostile foreign competitors.

NA deputy proposed making the State Bank of Vietnam and the General Statistics Office become independent bodies.

NA deputies discussed the wasteful management that is rampant among local state agencies and departments.

The 22 nd World Economic Forum on East Asia, hosted by Myanmar for the first time, began its first session in the Myanmar capital city of Nay Pyi Taw on June 5.

Banks which try to hide their bad debts and do not want to sell the debts will face inspections by the State Bank of Vietnam.

The National Food Safety and Quality Service of Argentina (Senasa) has approved the list of 203 Vietnamese seafood processors eligible to export products to Argentina.

Vietnam’s consumer confidence index hit 96 points in the first quarter of 2013, an 8 point rise from the previous quarter and 2 points higher than the same period last year.

Minister of Natural Resources and Environment Nguyen Minh Quang has instructed localities to keep land-use fees as low possible and speed up the processing of land-use rights certificate.

The Vietnam Business Forum has said that there has been a slowing trend in the equitisation of state-owned enterprises.

Deputy Prime Minister Vu Van Ninh is in China to attend the 2013 China-South Asia Exposition, which opened in Kunming, Yunnan province, on June 4.

The Prime Minister has recently approved a master plan on socio-economic development from now until 2020 in the Red River Delta.

How to accelerate economic reform to facilitate business operations was the major theme of a mid-term business forum which opened in Hanoi on June 3.

Domestic petroleum wholesalers have lobbied the Finance Ministry to approve an increase in retail prices, claiming they have taken losses despite the recent falls in the world fuel price.

Hanoi has set an economic growth rate of 8.5 - 9.45 percent in the second half of this year to realise the preset Gross Regional Domestic Product goal of 8-8.5 percent for the entire year.

Vietnam is carrying out investigations into the operations of the digital currency exchange Liberty Reserve, which has recently been accused of money laundering.

An estimated 700-800 Vietnamese people working illegally in Saudi Arabia may benefit from a general amnesty issued by the country's government.

The VAMC is expected to solve VND70,000 trillion in bad debts this year, said the SBV's Governor Nguyen Van Binh.