News

Over sixty commercial projects shift to social housing

Sixty-two commercial-housing projects with 41,769 apartments in total has registered to be social-housing projects all over the country so far, according to the Ministry of Construction. Keep reading ...

Vietnam’s growth earns kudos in US

Vietnam continues to grow as a manufacturing hub, climbing to first place on Cushman & Wakefield’s 2014 Growth Index, a ranking of the top 15 manufacturing locations by growth in emerging markets. Keep reading ...

Organising Vietnamese - Japanese second high-level dialogue on agriculture

The Ministry of Agriculture and Rural Development in coordination with Japanese Ministry of Agriculture, Forestry and Fisheries held the second high-level dialogue on agricultural development cooperation in Hanoi on 12 August. At the dialogue, Minister of Agriculture and Rural Development Cao Duc Phat called on the ...

Over 95kg of alleged elephant tusks smuggled from Africa to Vietnam

Customs officers at Noi Bai International Airport in Hanoi on 12 August seized 49 purported elephant tusk parts and one alleged rhino horn that were shipped from Africa. The suspicious tusks weigh 95.54kg while the horn weighs 4.76kg, customs officers said. Keep reading ...

Customs red tape costs Vietnamese traders $10 billion a year: expert

Vietnam can help traders save US$10 billion every year by simplifying its customs procedures, which are now very time-consuming and complicated, an expert from a think tank has said.    Nguyen Dinh Cung, head of the Central Institute for Economic Management, told an online conference on Tuesday that customs ...

Vietnam's customs sector urged to further cut procedure time

Vietnam’s customs sector should build on the positive outcomes in the past two years and further reduce procedure processing time, an official told a workshop in Hanoi on 11 August, adding that a one-day reduction in customs clearance time in cross-border trade could save the economy ...

Malaysia to open trade and industry office in Vietnam

The Malaysian Ministry of International Trade and Industry will open a representative office in Hanoi latter this year to embrace economic links with Vietnam.   Minister Mustapa Mohamed made the announcement to reporters after his attendance at a dialogue with members of the ASEAN Business Club.   Keep reading ...

Yuan devaluation seen reigniting currency wars in Asia

A measure of the region’s 10 most-traded currencies excluding the yen is set to decline for a third year, its longest losing streak since 1997, amid signs the US will raise interest rates for the first time in a decade. The People’s Bank of China’s cut ...

About 71% of businesses satisfied with Vietnam's tax procedures reform

The Vietnam Chamber of Commerce and Industry and General Department of Taxation, under the Ministry of Finance, revealed a report on the satisfaction of businesses with the tax administrative procedures reform in 2014 in Hanoi on 11 August. Keep reading ...

Vietnam widens dong’s trading band after China devalues yuan

Vietnam’s central bank doubled the width of the dong’s trading band 12 August, a day after China further weakened its currency, pushing the yuan into its biggest devaluation in two decades. The State Bank of Vietnam widened the dong’s trading band against the U.S. dollar to ...

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