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Industry minitry proposes tougher sanctions for counterfeit goods

The Ministry of Industry and Trade (MoIT) has raised the need to review regulations governing on penalties for the production and sale of counterfeit and prohibited goods.

VN’s coffee market share in Belgium surges over 20%

While Belgium reduced its coffee imports from Honduras and Colombia in 2023, the rate of decrease was lower compared to the reductions from Peru, Brazil and Việt Nam.

Vietnam racks up trade surplus of US$6.2 billion by mid-March

Vietnamese import-export turnover reached US$145.6 billion as of mid-March, with the nation enjoying a trade surplus of US$6.2 billion, according to figures compiled by the General Department of Vietnam Customs.

Moody's upgrades the outlook of Techcombank 2024

The credit rating organisation Moody's announced an update of the outlook for the Vietnam Technological and Commercial Joint Stock Bank (Techcombank) to stable.

Brazil asked to remove barriers placed on Vietnamese seafood exports

Brazil has not allowed the export of whole frozen shrimp and applies additive and phosphate standards on Tra fish (pangasius) that are different from the Office International des Epizooties (OIE) standards.

Warehousing, logistics digitize thanks to e-commerce

Zebra Technologies believes that digital transformation will proceed quickly in Vietnam’s warehousing and logistics sector amid the rapid development of e-commerce.

E-commerce yet to replace traditional trade channels

Although e-commerce has been booming, many businesses still focus on developing traditional trade channels that they have long considered to be sustainable.

Rescue actions fail, budget carrier Pacific Airlines faces bankruptcy

Despite great efforts to restructure it, Pacific Airlines, the 30-year old budget air carrier of Vietnam, is still bogged down in difficulty. It is on the verge of bankruptcy and has no airplanes.

Vietnam’s local currency bond market contracts 0.4%

ASEAN markets recorded $19.1 billion of sustainable bond issuance last year, accounting for 7.9 per cent of aggregated issuance in ASEAN+3 sustainable bond markets.

Gold prices reach new peak, but cash still heading for stock market

The Vietnamese stock market is attracting billions of dollars, though the gold market is  hot with SJC gold prices soaring, while the dong/dollar exchange rate has hit new peaks and the central bank has withdrawn cash from circulation.

Bright prospect for agro-forestry-fishery exports to Japan

The export of agro-forestry-fishery products to Japan is forecast to continue thriving in 2024 as numerous export opportunities are in place.

Eximbank to review credit card policy following sensational debt case

Eximbank is doing a comprehensive review and adjusting its policies concerning the calculation methods for interest rates and fees associated with credit cards to safeguard the rights and interests of both the bank and its customers.

Chairman of Tan Hoang Minh Group faces 10 years in jail

The prosecution has recommended sentencing Do Anh Dung, chairman and CEO of Tan Hoang Minh Group, to nine or 10 years in prison on charges of fraud and misappropriation of assets.

CAAV asks Pacific Airlines to submit its restructuring plan

The Civil Aviation Authority of Việt Nam (CAAV) asked Pacific Airlines to submit its fleet restructuring and operation plan before March 22.

Government chief calls for US businesses' transfer of technology to Vietnam

Prime Minister Pham Minh Chinh hosted a reception in Hanoi on March 21 for a high-level delegation of the US - ASEAN Business Council (USABC) led by Ted Osius, president and CEO of USABC, and former US Ambassador to Vietnam.

Vietnam, US offer training on sustainable rare earth development

The Vietnam Geological Department (VGD) and the US Department of State's Bureau of Energy Resources partnered to host a technical training session on economic geology and mineral resource reserve valuation methods in Hanoi on March 21.

Vietnamese earn $1.2 billion profit from cryptocurrency trade: report

Vietnamese crypto players earned $1.18 billion in 2023 from Bitcoin and other cryptocurrencies, the third highest level after the US and the UK, according to a report from Chainalysis, a New York-based blockchain data analysis firm.

MoIC revokes business licenses of 30 postal enterprises

The Ministry of Information and Communications (MoIC) issued a decision to revoke business licenses of 30 enterprises in the capital city of Hanoi failing to comply with the regulations on postal service supply activities.

FDI flows in Vietnam forecast to boom this year

Vietnam will experience a breakthrough in foreign direct investment (FDI) attraction to the fields of technology, renewable energy, health, banking and real estate, according to workd media.

Private investment needed for highway development in VN

The Law on PPP (public private partnership) aims to attract private investment in infrastructure development. However, very few private investors have developed roads and seaports under the PPP mode.