HCM City reforms customs procedures Business

HCM City reforms customs procedures

Customs clearance will be conducted right at the wharf in Cat Lai port in Ho Chi Minh City under a project that was officially launched by the municipal Customs Department on November 13.
Rescued MoIT projects make little progress Business

Rescued MoIT projects make little progress

Three years after the implementation of a government directive aimed at salvaging 12 failed business projects under the Ministry of Industry and Trade (MoIT), little progress had been made and the majority were still losing money, according to a recent Government report submitted to the National Assembly.
Trade minister fields questions about trade fraud Politics

Trade minister fields questions about trade fraud

Minister of Industry and Trade Tran Tuan Anh on November 7 cleared up questions raised by National Assembly deputies regarding the aluminum shipment labeled as made-in-Vietnam product and worth 4.3 billion USD to the US by a Chinese-invested business in the southern province of Ba Ria-Vung Tau.
HDBank pre-tax profit up record 51 percent in third quarter Business

HDBank pre-tax profit up record 51 percent in third quarter

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank, HOSE: HDB) has reported impressive results in the third quarter of this year, with pre-tax profits increasing by a record 51 percent year-on-year to over 1.23 trillion VND (53.4 million USD).