US remains Vietnam’s top seafood export market
The US remained Vietnam’s top seafood market in January although it has raised a number of trade barriers against the country’s exports, according to the Ministry of Agriculture and Rural Development.
Times City: Vingroup demands legal action
On 2 Feb, Vingroup issued an official document reporting on the publicity of false information about Vingroup.
Businesses request lower lending interest rates
Enterprises claim lowering the lending interest rate can help the economy, but banks have stated that this would be a difficult task.
Group urges end to jewelry export tax
The Vietnam Gold Business Association has urged the State Bank of Vietnam to abolish the export tax on jewellery which is at 10 per cent now.
Retailers seek Tet opportunity to increase sales
The days near the Tet Festival are an opportunity for commercial centres, supermarkets, and shops in HCM City to take advantage of business opportunities and increase revenue.
Contractors encouraged to fight
Vice chairman of Vietnam Contractors Association, Nguyen Quoc Hiep, gave an interview on improving the relationship between investors and contractors.
Banks asked to ensure cash supply for ATMs
The SBV has urged commercial banks to ensure enough cash supply at their ATMs to meet the increasing demand over Tet.
Overseas remittances pour into real estate
Despite higher overseas remittances, less capital has been pumped into the domestic market but more has been spent on foreign houses.
HSBC: Vietnam economy recovering
The HSBC released its Vietnam Manufacturing PMI (Purchasing Managers’ Index) in January, 2013, which showed that Vietnam’s economy is recovering despite many difficulties in the coming time.
Starbucks plans more Vietnamese coffee purchases
Starbucks Corp, one of the world’s leading retailers, roasters, and brands of specialty coffee, is committed to purchasing more high-quality Vietnamese coffee in the future.
VFA opposes US anti-subsidy investigation
The VFA has protested against the US Department of Commerce’s launch of investigation under an anti-subsidy lawsuit against frozen warm-water shrimp imported from seven countries, including Vietnam.
State-owned firms under public scrutiny
A new draft decree will place stricter regulations to force the state-owned firms to disclose more information for better transparency.
Credit provided to power transmission project
The Vietnam Development Bank has pledged long-term credits worth 662 billion VND to the National Power Transmission Corporation to implement the 500kV Quang Ninh – Mong Duong project.
Real estate directors avoid creditors before Tet
A number of real estate directors have been seeking ways to avoid their creditors on these days leading up to Tet.
Japan’s ODA promotes economic growth in Vietnam
The Japanese International Cooperation Agency held a conference in Hanoi on January 30 to review Japan ’s official development assistance to Vietnam over the last 20 years and its future orientations.
Agribank chief dismisses past errors
Chairman of the state-owned Agribank discussed the bank’s improved management plans after racking up the highest level of bad debts among local banks in 2012.
Travel firms complain of economic difficulties
While, according to many, the tourism industry in Vietnam has shown significant progress, many travel firms have said that they are facing difficulties.
Eximbank and Sacombank plan merge
The Eximbank and the Sacombank have unveiled merger plans at a cooperative agreement’s signing ceremony in Hanoi on January 29.
State Bank seeks measures to bolster real estate market
The State Bank of Vietnam has proposed eight solutions to help reinvigorate the currently moribund real estate market.
US businesses eye long-term investment in Vietnam
US companies have voiced support for the Vietnamese government’s efforts to stabilize the macro-economy and pledged to do long-term business in the country.
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