Sugar production firms struggle with high inventory

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VietnamPlus English 21 hour(s) ago

The total inventory of sugar stored in factories throughout Vietnam amounted to 280,000 tonnes on September 15 this year, 58,690 tonnes more than last year, according to statistics released by the Ministry of Agriculture and Rural Development (MARD).

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Japanese ODA flows into transport projects

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VietnamPlus English 3 day(s) ago

The transport sector has received the largest share of Japan ’s official development assistance (ODA) loans to Vietnam over the past more than 20 years.

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Retail industry needs support

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VietnamPlus English 5 day(s) ago

Besides efforts made by enterprises to improve their competitiveness, the Government must develop new policies to assist local retailers in an increasingly competitive business environment, heard a seminar in Ho Chi Minh City on October 15.

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Smuggled sugar hurts domestic firms

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VietNam News English 5 day(s) ago

Several sugar companies are saddled with increasing inventory because of imported and smuggled sugar, according to figures from the Ministry of Agriculture and Rural Development.

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Untapped potential on Canadian market

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VietnamPlus English 1 week(s) ago

Untapped potential on Canadian market

Vietnam needs to devise a long-term trade promotion strategy to make inroads into the Canadian market, the potential of which has not yet been fully captured, Standing Vice Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Hoang Van Dung said in a workshop in Hanoi on October 14.

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Thai firms spot opportunities in Vietnam

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VietnamPlus English 1 week(s) ago

The recent increase in investment flows from Thai enterprises has shown that Vietnam is vital for Thailand's economy, especially after the ASEAN Economic Community comes into effect in 2015.

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Nestle invests $450 million in Dong Nai Province

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SaiGon GP English 1 week(s) ago

The Swiss Nestle Group has invested another US$37 million in the southern province of Dong Nai, taking the total to US$450 million.

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Foreign businesses race to invest in oil refinery plants in Vietnam

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VietnamPlus English 1 week(s) ago

Although Vietnam initially decided to build only three oil refineries, two are about to be built and others are under construction, while several more are awaiting licenses, according to an article published on the English language news portal VietNamNet Bridge on September 9.

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HCM City rejects airport expansion

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VietnamPlus English 1 week(s) ago

HCM City rejects airport expansion

Ho Chi Minh City has rejected plans to expand its airport on practicality grounds and instead wants work on a new airport in neighbouring Dong Nai province speeded up.

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Can Tho posts record $616m trade surplus

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VietNam News English 2 week(s) ago

This Cuu Long (Mekong) Delta city has achieved a record trade surplus of US$616 million in the past nine months, according to the city planning and investment department.

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Viet Nam imposes new rubber export tax

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VietNam News English 2 week(s) ago

The Ministry of Finance will stop collecting export taxes on rubber coded HS40.01, 40.02 and 40.05, starting from October 2, according to its latest decree.

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Bangkok Bank sees opportunities in Vietnam

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VietnamPlus English 2 week(s) ago

Vietnam’s rising numbers of middle-income people and the Trans-Pacific Partnership (TPP) agreement, a hoped-for magnet for foreign direct investment (FDI) and export driver, will provide opportunities for Bangkok Bank’s operations in the country, a local newspaper reported.

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Hanoi keen to develop supporting industries

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VietnamPlus English 3 week(s) ago

Supporting industries are playing an important role in the long-term sustainable economic growth and foreign investment attraction, said the Vietnam Economic News on September 29.

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Foreign tourists to Vietnam exceed 6 million

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VietnamPlus English 3 week(s) ago

Vietnam welcomed more than 6 million international arrivals during the first nine months of 2014, up by 10.42 percent compared to the same period last year.

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Finnish businesses look towards Vietnam

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VietnamPlus English 3 week(s) ago

Finnish businesses look towards Vietnam

Finnish enterprises said they are impressed by Vietnam ’s investment potential during a working session with Deputy Prime Minister Hoang Trung Hai on September 26 in Helsinki .

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