Vietnamplus

The southern province of Dong Nai has licensed 38 foreign direct investment (FDI) projects worth more than 374 million USD in the first three months of 2018.

Petrol smuggling and trade fraud continues to be a big problem in Vietnam, with several cases of fake and poor quality gasoline discovered by Government agencies.

Ho Chi Minh City’s consumer price index (CPI) in January rose by 0.19 percent against that of December 2017 and 2.57 percent year-on-year, announced the municipal Statistics Office on November 29.

The need to regulate the vehicle-service industry is crucial to achieve sufficient growth and meet consumer needs, especially during the 4.0 Industrial Revolution.

Seven teams of students from five universities in Vietnam will participate at Shell Eco-Marathon Asia 2018 – Make the Future, which will take place at Changi Exhibition Centre in Singapore from March 8-11.

Vietnam’s exports to many Southeast Asian countries like Malaysia, Singapore, Thailand, the Philippines, and Cambodia have grown strongly recently and are predicted to continue the upward trend in 2018.

The quality of E5 bio fuel in Vietnam is ensured and meets international standards. All features, capacity and fuel consumption remain the same, and in some criteria E5 is better than RON 92, officials said.

The Mekong Delta city of Can Tho is keen on exploiting its renewable energy potential and will provide investors with tax and credit incentives, especially for solar power projects.

Total revenue from retail sales and services topped 160 billion USD during the first 11 months of 2017, surging 10.7 percent year-on-year, according to the General Statistics Office (GSO).

The consumer price index (CPI) in Ho Chi Minh City in November gained 0.17 percent on a monthly basis and 4.32 percent year-on-year, the municipal Statistics Office announced on November 29.

As much as 1.76 billion USD has been poured into 43 projects in the Chan May-Lang Co Economic Zone in the central province of Thua Thien-Hue so far.

Vietnam’s economic growth in the third quarter was the highest in seven years, though overall inflation also started inching up in August and continued throughout September.

The Ministry of Finance (MoF) has turned down proposals by the Vietnam Cassava Association (VCA) for preferential policies similar to those for rice and sugar to ensure its sustainable development.

The National Assembly Standing Committee has not approved the Ministry of Finance’s proposal to almost triple the environmental protection tax on oil and gas consumption, citing potential harm to consumers.

The Ministry of Finance has held a meeting to introduce changes in the list of Vietnam’s export and import goods as per Circular No 65/2017 / TT-BTC.

The Ministry of Finance (MoF) is going ahead with its plan to increase environmental protection tax on petroleum from the current 1,000-4,000 VND to 3,000-8,000 VND per litre, despite objections from other ministries and the public.

The market management departments of 19 provinces and cities in the south in the first half of the year discovered more than 11,420 violations of smuggling, trade fraud and counterfeiting.

Bosch Group, a leading global supplier of technology and services headquartered in Germany, will send experts to evaluate and give consultancies to startup projects and join hands with the Saigon Innovation Hub (SiHub) to organise annual industrial technology startup contests.

Fuel smuggling is on the rise in Vietnamese waters bordering Malaysia, Indonesia and Thailand recently, partly due to the discrepancy between selling prices in Vietnam and neighbouring countries.

The Vietnam National Oil and Gas Group (PetroVietnam) saw its production surpassing the target set by the Government by 7.7 percent in the past five months.