Saigon Co.op takes over Auchan retail system Business

Saigon Co.op takes over Auchan retail system

The Saigon Union of Trading Co-operatives (Saigon Co.op) will take over 18 stores and entire e-commerce retail system of France’s Auchan Retail in Vietnam under a merger and acquisition deal reached between two sides on late June 27.
Ho Chi Minh City collects more for State budget in 2018 Business

Ho Chi Minh City collects more for State budget in 2018

Ho Chi Minh City’s State budget collection topped 378.5 trillion VND (16.4 billion USD) as of December 31, 2018, or 100.47 percent of the estimate and marking a 8.65 percent increase year-on-year, Chairman of the municipal People’s Committee Nguyen Thanh Phong told a local conference on January 3.
Ho Chi Minh City, New Zealand boost trade Business

Ho Chi Minh City, New Zealand boost trade

Secretary of the Ho Chi Minh City Party Committee Nguyen Thien Nhan has expressed his wishes that New Zealand (NZ) makes it easier for Vietnamese goods, including those from Ho Chi Minh City, to access its market.
Detailed plan needed to boost logistics Business

Detailed plan needed to boost logistics

A detailed plan on logistics development, especially on transport connectivity, is needed to set goals for industrial production, agriculture and imports-exports, experts have urged.
Government urged to improve business climate Business

Government urged to improve business climate

Removing barriers and improving the business environment would contribute to reaching economic growth targets in the context of a tight State budget, director of the Ministry of Planning and Investment’s National Economic Issues Department Tran Quoc Phuong.
HCM City’s budget collection exceeds target Business

HCM City’s budget collection exceeds target

Ho Chi Minh City collected nearly 280 trillion VND (12.6 billion USD) to the local budget in 2015, surpassing the yearly estimate by 5.04 percent and posting an annual increase of 10.7 percent.
Vietnam issues first electronic certificate to EU-bound seafood exports Business

Vietnam issues first electronic certificate to EU-bound seafood exports

The EC Directorate-General for Health and Food Safety (DG SANTE) has received the first electronic certificate for seafood export granted by Vietnam’s National Agro -Forestry- Fisheries Quality Assurance Department (NAFIQAD) via the Trade Control and Expert System (TRACES), announced the NAFIQAD on May 13.
Business

Vietnam joins European seafood trade web

Vietnam will join the Trade Control and Expert System (TRACES) in granting certificates for seafood exports to the European Union (EU), the government portal chinhphu.vn reported on October 11.
Business

Sustainable business development master plan needed: official

The formation of ASEAN Economic Community (AEC) and the quickening international economic integration process are expected to open up many opportunities for Vietnamese companies, as well as pose enormous challenges to them. For years, despite economic turmoil, the Ba Ria - Vung Tau Urban Sewerage and Development One Member Limited Company (Busadco) - the first science and technology company in Vietnam - still continued stable and sustainable development. The company is steered and led by Dr Hoang Duc Thao, a Labour Hero in the reform era, President and CEO of Busadco. He is also the member of the VCCI Executive Committee of the fifth term (1999 - 2013).