News
SMEs need support to benefit from free trade pacts
Vietnam’s domestic small and medium sized enterprises need close co-operation from public offices in getting information about regulations of free trade agreements for getting more benefits from the agreements. This was suggested by experts at an Asia-Pacific Economic Cooperation (APEC) public-private dialogue. Keep reading ...
More than 70 awaiting deportation
More than 50 Vietnamese immigrants have been detained by Cambodia’s Interior Ministry’s immigration police following two recent raids, bringing the total number of people awaiting deportation for being in the country illegally to 73, according to an official. Keep reading ...
Vietnam battles to balance State budget
Vietnam Minister of Finance Dinh Tien Dung said in an interview on VTV on 10 January that one of the key tasks that his ministry will fulfil this year is to balance the state budget. Dung said it was projected that in 2016 the crude oil price ...
El Nino likely to set new weather records: Experts
The impact of El Nino in 2016 will likely surpass last year’s record to become strongest ever in history, according to experts. Hoang Duc Cuong, Director of Vietnam’s National Centre for Hydro-Meteorology Forecasting, issued the forecast at a conference held late last week to review the national ...
Vietnam computer users lose $387 million to viruses: report
Each of Vietnam’s seven million computer users suffered an average loss of VND1.25 million (US$55) due to viruses last year, a new report said. The report, released by Hanoi-based online security firm BKAV, found that up to 83 percent of more than 9.1 million computers in ...
Vietnamese companies perform well in Laos
Vietnamese businesses have performed well in Laos and contributed to local economic growth over the last five years despite the lingering impact of the global economic crisis, a report revealed. Delivered at a congress of the Vietnam Business Association in Vientiane, Laos late last week, Laos ...
Hanoi plans measures to reduce traffic jams
Hanoi aims to reduce up to 10 traffic congestion hotspots and limit the duration of traffic jams to less than 30 minutes, People’s Committee Chairman Nguyen Duc Chung said. Speaking at a conference on ensuring traffic order during the Lunar New Year Festival, Chung said traffic ...
PVN encouraged to expand gas, oil exploration activities
Vietnam’s Deputy Prime Minister Hoang Trung Hai requested the National Oil and Gas Group (PVN) to continue to search for new sites, and produce more oil and gas in 2016. He described these activities as a key task for the sector in 2016. Speaking at a conference ...
Vietnam tax authorities to get tough on Uber: report
More than a year after entering Vietnam and constantly facing authorities’ scrutiny and protests from taxi companies, US-headquartered cab-hailing service Uber is in the hot seat for failing to pay taxes. Speaking to Tuoi Tre newspaper on 9 January, a Ho Chi Minh City tax official ...
Thailand's TCC acquires Metro Vietnam for $704 million
Thai consumer goods group TCC Holding Co. Ltd has completed its acquisition of the Vietnamese operations of Metro for 655 million euros (US$704.1 million). TCC’s subsidiary TCC Land International Pte. Ltd. takes over Metro’s 19 stores and related real estate portfolio in Vietnam, the German company ...
