Aviation authority calls for fee hike
The Civil Aviation Authority of Vietnam has sent a proposal to the Ministry of Transport to raise several aviation service charges in order to reduce peak-hour overloads and raise money for infrastructure development.
Vietnam slams Australia’s prawn ban
The Vietnamese Government has accused Australia of "causing serious damage" to its prawn farmers and exporters and has asked the Federal Government to reconsider the ban on uncooked prawn imports.
Vietnamese shares buoyed by Fed hike
Shares edged up on March 16 on the two national exchanges even though the US Federal Reserve on the previous day hiked the benchmark interest rate for the second time in three months.
Reference exchange rate goes down 1 VND
The State Bank of Vietnam adjusted the reference VND/USD exchange rate down by 1 VND from the day ago to fix it at 22,251 VND/USD on March 17.
Domestic market not affected much by Fed’s interest hike
The domestic market remained stable on March 16 after the US Federal Reserve (Fed) raised its interest rates for the second time in three months, with the USD/VND exchange rate declining.
Many made-in-Cambodia goods to enjoy zero tax rate in Vietnam
Many goods made in Cambodia will enjoy zero percent tax in the Vietnamese market under the newly-issued Decree 24/2017/ND-CP on special preferential import tax.
Cautious banks to focus on lending quality
Credit growth in the first two months of 2017 rose 1.23 percent year-on-year, but credit institutions remain cautious over business targets while focusing on lending quality.
New cheese factory opens in Binh Duong
Bel Vietnam, a subsidiary of the French cheese maker Bel group, inaugurated its second cheese plant in the southern province of Binh Duong on March 16.
PM: Non-State capital critical to transport infrastructure projects
Prime Minister Nguyen Xuan Phuc demanded the Ministry of Transport (MoT) and relevant ministries to remove all obstacles, including existing mechanisms and policies, to mobilise capital from all possible sources for transport infrastructure projects.
Economic restructuring outcomes remain modest: report
Economic restructuring outcomes so far remain modest and have yet to create favourable conditions to shift to a good growth model, according to the 2016 Vietnam economic report of the National Economics University.
Vietnamese tuna exports suffer from Japan’s high import tariff
Vietnam’s tuna exports to Japan have dropped for four consecutive years since 2013 partly due to high import tariff at 6.4 percent – 7.2 percent.
Ninh Thuan aims to become clean energy centre
The south-central coastal province of Ninh Thuan is calling for investment in renewable energy development, aiming to turn itself into a clean energy hub of the country.
Vietnam, Russia foster oil, gas cooperation
Deputy Prime Minister Trinh Dinh Dung has called for stronger cooperation between Vietnam and Russia in energy, especially in oil and gas exploration and exploitation.
Cheap imports challenge Vietnam coal
The domestic coal sector is going through a tough time owing to serious competition from cheap imported coal, the Ministry of Industry and Trade (MoIT) has said.
Da Nang tops PCI ranking for 4th consecutive year
Da Nang topped PCI in 2016. This is the fourth consecutive year and seventh time at the top position since the rank was announced 12 years ago.
The secret of Da Nang’s success
The central city of Da Nang continues to top the Provincial Competitiveness Index (PCI) for the fourth consecutive year.
Banks hopeful for mortgage market growth
With housing demand remaining strong, banks are optimistic that 2017 will be a big year for mortgages.
Mekong Delta’s rice yield rises in winter-spring crop
Localities in the Mekong Delta region recorded high rice output for their winter-spring rice crop in 2016-2017 despite a decrease in cultivation area and the spread of diseases, heard a conference in An Giang province on March 15.