Ex-chief of loss-making Vietnamese firm fired 40 days after fleeing country

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Báo Tuổi Trẻ English 6 day(s) ago

Though Vu Dinh Duy is widely believed to be in hiding overseas, the 41-year-old ex-PVTex chief responsible for running a successful state-run enterprise into the ground was finally given the axe on Thursday.

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Vietnam industry-trade ministry to restructure as ex-leader disciplined for wrongdoings

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Báo Tuổi Trẻ English 1 week(s) ago

Vietnam’s Ministry of Industry and Trade (MIT) is poised to eliminate several internal departments by the first quarter of 2017 in an attempt to streamline ministry operations.

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Vietnamese car imports stuck in customs with ministries at odds

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Báo Tuổi Trẻ English 2 week(s) ago

Vietnamese car importers have been unable to obtain customs clearance for their shipments because of a disagreement between the Ministry of Industry and Trade and The Ministry of Transport counterpart, who refuse to see eye to eye on a set of regulations.

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Ex-chief of loss-making Vietnamese firm suddenly disappears; likely abroad

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Báo Tuổi Trẻ English 1 month(s) ago

The former general director of a Vietnamese company responsible for a US$325 million yarn mill that failed to turn a profit appears to have disappeared, prompting suspicions he has fled the country to avoid allegations of misdoings.

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Note 7 scandal leaves little impact on Vietnam’s exports: official

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Báo Tuổi Trẻ English 1 month(s) ago

The halt in production of the Galaxy Note 7 smartphones will negatively affect export turnover in Vietnam, home to multibillion-dollar Samsung mobile facilities, but the impact will be insignificant, a Ministry of Industry and Trade official said.

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Seven more companies apply for fast-track corporate restructuring

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SaiGon GP English 2 month(s) ago

Yonhap said on September 11 that seven more South Korean companies are seeking to win government approval for four cases of voluntary corporate restructuring, according to the trade ministry, in a move meant to boost their competitiveness.

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Vietnam's top brewer Sabeco wins listing approval: newspapers

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Báo Tuổi Trẻ English 2 month(s) ago

Vietnam's biggest beer producer Sabeco has won government approval to list shares on the Ho Chi Minh Stock Exchange, the nation's largest bourse, local newspapers reported on Tuesday.

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Lawmakers concern the Foreign Trade Law giving much power to trade ministry

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SaiGon GP English 2 month(s) ago

Lawmakers concern the Foreign Trade Law giving much power to trade ministry

The National Assembly Standing Committee (NASC) raised concerns over the amount of power the draft Law on Foreign Trade gives to the Industry and Trade Ministry.

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S. Korea's exports rise for first time in 20 months

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SaiGon GP English 3 month(s) ago

S. Korea's exports rise for first time in 20 months

South Korea's exports posted the first on-year rise in 20 months in August on the back of brisk demand for chips and flat displays, the trade ministry said Thursday, from Yonhap's source.

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Small Vietnamese gas distributors decry rule favoring big players

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Báo Tuổi Trẻ English 3 month(s) ago

Small Vietnamese gas distributors decry rule favoring big players

Small-scale gas distributors have blasted the Ministry of Industry and Trade for a new regulation that will make it impossible for them to compete.

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Cheated Vietnamese consumers never complain: survey

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Báo Tuổi Trẻ English 3 month(s) ago

Cheated Vietnamese consumers never complain: survey

The most typical reaction of Vietnamese consumers when their rights are violated is to keep silent, a Ministry of Industry and Trade-backed survey has found.

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Auto firms await Gov't decision on import regulations

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Báo Đầu Tư English 4 month(s) ago 1 related news

Auto firms await Gov't decision on import regulations

Many auto businesses, especially small and medium enterprises, are patiently waiting for the Government's final decision on auto import permission.

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Vietnam's 2016 cotton imports seen up 19 pct y/y to 1.2 mln T

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Báo Tuổi Trẻ English 5 month(s) ago 1 duplicate news

Vietnam's 2016 cotton imports seen up 19 pct y/y to 1.2 mln T

Vietnam, the world's fifth largest garment exporter, will import 1.2 million tonnes of cotton this year, an industry official said on Wednesday.

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Inspection to probe industry & trade ministry nepotism

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Báo Dân Trí English 6 month(s) ago

Inspection to probe industry & trade ministry nepotism

Minister of Industry and Trade Tran Tuan Anh has requested an investigation into how the son of former minister Vu Huy Hoang was appointed to key positions in major firms owned by the ministry.

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General Electric signs agreement to develop wind energy in Vietnam

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Báo Thanh Niên English 7 month(s) ago 1 related news

General Electric signs agreement to develop wind energy in Vietnam

Vietnam's trade ministry and General Electric on Monday signed an agreement to develop 1,000 megawatts of wind-power capacity for Vietnam by 2025.

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