Car sales sputter on tax hike

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VietStock FI English 2 month(s) ago

Car sales sputter on tax hike

Authorised dealerships of new cars and trucks have said a recent increase in the specific tax on vehicle imports has put a dent in profits, with some dealers claiming sales have slowed since the tax hike went into effect in April.

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Thailand clearance sale puts Vietnam rice exports on hold

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Báo Thanh Niên English 2 month(s) ago

Thailand clearance sale puts Vietnam rice exports on hold

Vietnam has reduced its rice export target for the year since demand is falling as many buyers await cheap supply from Thailand’s stock clearance sale.

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Car imports rise sharply following tax adjustment

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SaiGon GP English 4 month(s) ago

Car imports rise sharply following tax adjustment

Vietnam spent 195 million USD on importing about 12,000 completely built-up cars in May, an increase of 33 percent in quantity compared to April and 12 percent against the same period last year.

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Auto import continues accelerating

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SaiGon GP English 4 month(s) ago

Vietnam imported 12,000 CBU (completely built unit) automobiles in May, up 33 percent compared to April and 12 percent over the same period last year, reported the General Statistics Office of Vietnam.

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​HoSE introduces real-time display of foreign investors’ selling volumes

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Báo Đầu Tư English 4 month(s) ago

​HoSE introduces real-time display of foreign investors’ selling volumes

The Hochiminh Stock Exchange (HoSE) has started displaying the selling volume of foreign investors for every stock in real time on May 30.

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Back taxes in Vietnam rise to $3.36 billion: data

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Báo Thanh Niên English 4 month(s) ago

Back taxes in Vietnam rise to $3.36 billion: data

Old, unpaid personal and business taxes in Vietnam swelled to VND76 trillion (US$3.36 billion) at the end of April, up 4.3 percent from December, local media reported, citing the General Department of Taxation.

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Shrimp export continues growing

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SaiGon GP English 4 month(s) ago

Shrimp export continues growing

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), April shrimp export continued growing 7.6 percent over the same month last year to hit US$239.6 million.

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Fragrant rice predominates in exports

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SaiGon GP English 4 month(s) ago

Fragrant rice predominates in exports

According to the Vietnam Food Association (VFA), fragrant rice was at the lead in export volume in the first four months this year, accounting for 26.1 percent of the total volume, up 45.1 percent over the same period last year, thanks to surging demand from Asian and African nations.

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Rice sector predicts a worrying trend

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VietStock FI English 4 month(s) ago

Although data for first four months of this year have shown a slight rise in rice exports, millers and exporters continue to raise concerns on the back of April’s rapid decline.

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Domestic cement consumption increases more than 15 per cent

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Báo Đầu Tư English 4 month(s) ago

Domestic cement consumption increases more than 15 per cent

Cement and clinker consumption in the country grew over 15 per cent, to 24 million tonnes, from the beginning of this year, meeting 32 per cent of the year's target.

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Vietnam reports 48 percent drop in oil revenue in Jan-April

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Báo Thanh Niên English 4 month(s) ago

A recovery in prices in April was not enough to prevent a sharp fall in Vietnam's oil revenues.

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Nearly half of 2016 tax target already collected

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VietStock FI English 5 month(s) ago

In the first four months of the year, the government collected nearly half of its tax revenue target for all of 2016, local media reported yesterday, citing Kong Vibol, director of the General Department of Taxation (GDT).

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Garment, footwear exports reach US$10.5 bln

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Báo điện tử CP English 5 month(s) ago

Garment, footwear exports reach US$10.5 bln

VGP – Viet Nam gained US$10.5 billion from garments and footwear, the two key export lines, in the first four months of 2016, according to the Viet Nam Textile and Apparel Association (VITAS).

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Eximbank delays AGM amid losses

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Báo Đầu Tư English 5 month(s) ago

Eximbank delays AGM amid losses

Eximbank has postponed its annual general meeting to later this month and has reported a remarkable drop in profits for the first quarter of the year.

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VN’s PMI reaches record high

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Báo điện tử CP English 5 month(s) ago

VGP – The Nikkei Viet Nam Services Purchasing Managers' Index, or PMI, rose to a nine-month high thanks to sharply increasing contracts.

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