PM decides to cut 675 business conditions

PM decides to cut 675 business conditions

NDO - Prime Minister Nguyen Xuan Phuc has decided to remove 675 business conditions managed by the Ministry of Industry and Trade (MoIT), announced at the industry meeting in Hanoi on January 15. (Jan 15, 2018)

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Vietnam’s economy is recovering: East Asia Forum

  Jan 15, 2018
NDO/VNA – Vietnam has recorded upbeat growth despite disadvantages brought about by the withdrawal of the US from the Trans-Pacific Partnership Agreement, according a recent article published on the East Asia Forum. 

Viglacera’s pre-tax profits hit VND1 trillion for first time

  Jan 15, 2018
NDO/VNA – Construction material manufacturer Viglacera Corporation (VGC) earned a record high pre-tax profit of more than VND1 trillion (US$44 million) in 2017, the company recently announced. 

White Book on IUU fishing in Vietnam announced

  Jan 15, 2018
NDO/VNA – The Vietnam Association of Seafood Exporters and Producers (VASEP) announced the White Book on fighting illegal, unreported and unregulated (IUU) fishing in Vietnam at a ceremony held in Ho Chi Minh on January 14. 

Vietnam ships first batch of seafood abroad in 2018

  Jan 14, 2018
NDO/VNA - The Vietnam Association of Seafood Exporters and Producers (VASEP) on January 14 shipped abroad the first batch of aquatic products in 2018 at Cat Lai port in Ho Chi Minh City. 

Vietcombank aims to reduce bad debt to below 1% in 2018

  Jan 14, 2018
NDO – Vietcombank, a major commercial lender in Vietnam, aims to bring down the ratio of non-performing loans to less than 1% as one of its main targets for 2018.  

Vietnam's first smart fertilizer plant inaugurated in Tra Vinh province

  Jan 14, 2018
NDO – The Rynan Smart Fertilizers Limited Company held a ceremony on January 13 at Long Duc Industrial Park in the southern province of Tra Vinh to inaugurate a smart fertilizer plant, the first of its kind in Vietnam.  

Viettel renamed Military Industry and Telecoms Group

  Jan 13, 2018
NDO/VNA - Military-run telecommunications group Viettel has been renamed Viettel Military Industry and Telecoms Group and is now recognised as the national defence and security enterprise with 100% state-owned capital pursuant to the recently issued Government Decree No.05.  

High costs hinder Vietnamese logistics firms

  Jan 13, 2018
NDO - The burden of high logistics costs has impeded the progress of the Vietnamese logistics sector despite its enormous potential and room for further development.  

H’Mong chicken project wins top prize at 2017 National Startup Competition

  Jan 13, 2018
NDO –A project on preserving the rare H’Mong chicken breed conducted by a group of students from the Vietnam National University of Agriculture has won first prize at the 2017 National Startup Competition.  

Vietcombank reports record pre-tax profit

  Jan 13, 2018
NDO/ VNA – The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) reported a record high pre-tax profit of more than VND11 trillion (US$482.5 million) in 2017.  

Ho Chi Minh City’s industrial growth predicted to rise 8-8.5%

  Jan 12, 2018
NDO/VNA – Industrial production in Ho Chi Minh City is forecast to see stable growth in 2018, with the index of industrial production index (IIP) to expand by 8-8.5% annually.  

Ba Ria-Vung Tau attracts US$1.5 billion in FDI in 2017

  Jan 12, 2018
NDO – A foreign direct investment (FDI) flow of US$1.5 billion was poured into Ba Ria-Vung Tau in 2017, as the southern province licensed 29 new projects and saw seven existing projects register to increase their capital.  

Vietnamese state oil firm PVN urged to accelerate refinery projects

  Jan 12, 2018
NDO - The state-owned oil and gas group PVN has been asked to expedite a number of major refinery and power projects which are currently lagging far behind schedule.  

Vietnam petrol retailers asked to disclose RON95 base price

  Jan 12, 2018
NDO – The base prices of fuel products, including E5 bio-fuel, RON 92 and RON 95 petrol, must be publicised in accordance with the Government Decree No.83 on gasoline trading.