U.S., China clash over market economy status at WTO

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Báo Thanh Niên English 1 week(s) ago

U.S., China clash over market economy status at WTO

The United States warned China on Thursday that it had not done enough to qualify for market economy status, especially in steel and aluminium, sowing the seeds for a trade battle between Washington and Beijing at the end of 2016.

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Formosa found burying waste again

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SaiGon GP English 1 week(s) ago

Formosa found burying waste again

Dozen of tonnes of waste, allegedly discharged by Hưng Nghiệp Formosa Hà Tĩnh Steel Company, were discovered buried in a landfill in central Hà Tĩnh Province’s Thiên Cầm Town in Cẩm Xuyên District.

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PM closes curtain on multimillion dollar steel plant

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Báo Đầu Tư English 1 week(s) ago

PM closes curtain on multimillion dollar steel plant

The state resolutely refused to save the failing VND8 trillion ($361.4 million) Thai Nguyen Iron and Steel JSC (TISCO)’s iron and steel plant-phase 2.

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China says Vietnam investigation into steel imports should be fair

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Báo Thanh Niên English 1 week(s) ago

China says Vietnam investigation into steel imports should be fair

China hopes Vietnam will exercise restraint and be prudent in its use of trade remedy measures, its commerce ministry said on Thursday in response to a Vietnamese announcement it will investigate safeguards against imported color-coated steel sheet.

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Government to stop subsidising troubled state firms

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Báo Dân Trí English 1 week(s) ago

Government to stop subsidising troubled state firms

PM Nguyen Xuan Phuc confirmed at a meeting with the Ministry of Industry and Trade on July 12 that the government will subsidis such troubled projects as the Thai Nguyen Iron and Steel Joint Stock Corporation (TISCO)'s plant.

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Inspection into Formosa waste dumping urged

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Báo Dân Trí English 1 week(s) ago

Inspection into Formosa waste dumping urged

Deputy Prime Minister Trinh Dinh Dung has requested the Ministry of Natural Resources and Environment to co-operate with authorities of the central province of Ha Tinh in the inspection of the dumping of waste by the Hung Hiep Formosa Ha Tinh Steel Limited Company.

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Did Formosa dump waste, once again?

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SaiGon GP English 1 week(s) ago

Did Formosa dump waste, once again?

Deputy Prime Minister Trịnh Đình Dũng has asked for prompt inspection of reported waste dumping by the Hưng Hiệp Formosa Hà Tĩnh Steel Company, Vietnam News Agency reported yesterday.

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Formosa environmental scandal in Vietnam poses potential security problems

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Báo Tuổi Trẻ English 1 week(s) ago

Formosa environmental scandal in Vietnam poses potential security problems

The environmental disaster caused by a steel plant subsidiary of Taiwan’s Formosa Plastics Group in central Vietnam, will remain an issue for a long time to come, a top official of the country’s legislature said on Monday.

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Formosa may see hefty fine in tax arrears

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Báo Đầu Tư English 1 week(s) ago

Formosa may see hefty fine in tax arrears

Hung Nghiep Formosa Ha Tinh Steel Co., Ltd. (HFS), the operator of the $10.5 billion steel and port complex in the central province of Ha Tinh, may have to pay VND1.555 billion ($69.6 million) in tax arrears, including refunded value added tax (VAT), deducted taxes, and late payment fees, according to newswire Vnexpress.net.

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Formosa unit suspected of burying untreated waste in central Vietnam

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Báo Thanh Niên English 1 week(s) ago

Formosa unit suspected of burying untreated waste in central Vietnam

Authorities in the central province of Ha Tinh said they are looking into allegations that a unit of Taiwanese firm Formosa buried industrial waste in a private farm with the help of the property's owner.

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VN stocks down on profit taking

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Báo Đầu Tư English 1 week(s) ago

VN stocks down on profit taking

Vietnamese shares fell for a second day on profit taking and oil stocks plunged on lower oil prices.

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Breakfast @ Tuoi Tre News – July 12

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Báo Tuổi Trẻ English 1 week(s) ago

Breakfast @ Tuoi Tre News – July 12

Here are the leading news stories about Vietnam you should not miss today, July 12

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Workers in pollution-hit areas to receive help in labor exports

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Báo Dân Trí English 2 week(s) ago

Workers in pollution-hit areas to receive help in labor exports

People living in coastal areas affected by the pollution from Taiwan’s Formosa Steel Plant (FHS) at the Vung Ang Industrial Zone in north-central Ha Tinh province will receive support in vocational training and be prioritized in labor exports, Deputy Minister of Labor, Invalids and Social Affairs Doan Mau Diep has said.

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G20 seeks to enhance trade growth in face of protectionism - China

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Báo Thanh Niên English 2 week(s) ago 1 related news

G20 seeks to enhance trade growth in face of protectionism - China

Attendees listen to a speech by China's Commerce Minister Gao Hucheng during the opening ceremony of the 2016 G20 Trade Ministers Meeting in Shanghai, China July 9, 2016. Photo: Reuters/Aly Song

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Vietnam invokes WTO safeguards on steel imports

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Báo Dân Trí English 2 week(s) ago

Vietnam invokes WTO safeguards on steel imports

Import surges of colour-coated iron sheets from China and the Republic of Korea (RoK) have resulted in the Ministry of Industry and Trade (MoIT) initiating the process of invoking emergency safeguards.

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