Business

BIDV supports shipbuilding for Quang Tri fishermen

The Quang Tri branch of the Bank for Investment and Development of Vietnam (BIDV) signed a contract on April 23 to provide 13.7 billion VND (652,000 USD) for a local fisherman to build a steel coated boat for offshore fishing.
Fishermen to get modern boats Society

Fishermen to get modern boats

No provinces or cities have completed lists of fishermen who would benefit from the Government's support programme on building new high-capacity, steel boats for offshore fishing, according to the Ministry of Agriculture and Rural Development during a recent online discussion.
Business

Petrol prices cut by 1,900 VND per litre

The price of RON95 gasoline was slashed by 1,900 VND down to 16,270 VND on the afternoon of January 21, according to the Vietnam National Petroleum Group (Petrolimex).
SSC builds legal framework to run derivatives market Business

SSC builds legal framework to run derivatives market

A Vietnamese derivatives market is expected to be put into operation in 2016. The State Securities Commission (SSC) is stepping up the construction of a legal framework to run this market safely and effectively, the Vietnam Economic News reported.
Quang Ngai to build 189 new ships Society

Quang Ngai to build 189 new ships

The central coastal province of Quang Ngai plans to build 189 new vessels for fishing and logistic services by 2016 at an estimated cost of 1,600 billion VND (75.2 million USD), under the latest government decree on fisheries development.
Quang Nam invests in new ships to develop fisheries Society

Quang Nam invests in new ships to develop fisheries

The central coastal province of Quang Nam is planning to invest in the construction of new fishing vessels for local fishermen, as part of the implementation of Government Decree No. 67 on fishery development policy.
Business

More banks set to take over finance companies

Analysts predict a new wave of commercial banks taking over finance companies following a new government decree, according to an article published on the English language news portal VietNamNet Bridge on August 6.
Business

HCM City to tighten energy labeling rules

Inspectors from the Ho Chi Minh City Department of Industry and Trade and market control officials have plans to levy administrative fines on manufacturers and importers of home appliances and industrial devices that fail to meet energy labeling requirements, the Saigon Times Daily reported.
Business

System to evaluate e-commerce sites

The Department of E-commerce under the Ministry of Industry and Trade on June 15 introduced a system to assess the trustworthiness of e-commerce websites in Vietnam in a bid to protect local customers from online trade frauds.
Business

Online business registration proves effective

Online business registration has saved time and money for enterprises and regulators, Tran Thi Hong Minh, Director General of the Business Registration Management Department told Vietnam Investment Review.