Hanoi envisages to become international trade hub Business

Hanoi envisages to become international trade hub

Hanoi will carry out an array of industry and trade development measures with a view to building Hanoi into an international trade hub in the region and the country, as well as concretising the resolution adopted at the municipal Party Organisation's 17th congress.
Draft amendments to Decree 52 on e-commerce activities discussed Business

Draft amendments to Decree 52 on e-commerce activities discussed

Despite the effects of the COVID-19 pandemic, the Vietnamese e-commerce market is still booming. Therefore, the amendment and supplementation of Decree 52/2013/ND-CP on e-commerce to better manage the activity, considered "the future of the retail market", is extremely necessary.
Petrolimex’s profit falls to five-year low Business

Petrolimex’s profit falls to five-year low

Vietnam’s largest petroleum retailer Petrolimex has reported that earned almost 1.27 trillion VND (55 million USD) in pre-tax profit in 2020, equivalent to 81 percent of this year’s target and down nearly 76 percent from 2019.
Quang Binh asked to improve business environment to lure more investors Business

Quang Binh asked to improve business environment to lure more investors

Quang Binh should give greater attention to administrative reform as well as e-government and smart city building, thus creating a transparent and open business environment to lure more investors, stated Deputy Prime Minister Trinh Dinh Dung at the central province’s investment promotion conference on January 18.
Former deputy minister summoned for Vu Huy Hoang's trial Politics

Former deputy minister summoned for Vu Huy Hoang's trial

A former deputy minister and 18 others have been summoned for their alleged connection with the State property misuse and mismanagement case of ex-Minister of Industry and Trade Vu Huy Hoang at the Saigon Beer - Alcohol - Beverage JSC (Sabeco).
 Q1 rice export outlook remains promising Business

Q1 rice export outlook remains promising

High hopes are pinned on Vietnam’s rice export in the early months of 2021 after the price of its 5-percent broken rice exceeded 500 USD per tone last year, the highest since the end of 2011.
US not impose tariff or sanction on Vietnam’s exports Business

US not impose tariff or sanction on Vietnam’s exports

The US Trade Representative (USTR), in its report released on January 15 on findings in the Section 301 investigation of Vietnam’s acts, policies, and practices related to currency valuation, did not mention or recommend the imposition of tariff or any sanction measures on Vietnam’s exports, the Ministry of Industry and Trade said on January 16.
Malaysia promotes free data flow within ASEAN ASEAN

Malaysia promotes free data flow within ASEAN

Policies and regulations on free flow of data across the countries of the Association of Southeast Asian Nations (ASEAN) must be realised urgently to further promote digitalisation and its growing participation in the region, according to Malaysia’s national news agency Bernama.
Vietnam maintains stable exports to Israel in 2020 Business

Vietnam maintains stable exports to Israel in 2020

Vietnam earned an estimated 700 million USD from exporting goods to Israel in 2020 despite difficulties and obstacles posed by the COVID-19 pandemic, according to the Vietnamese Trade Office in the Middle East country.