Vietnam reaking news

Update news Vietnam reaking news

Strategic investors may offload stake in SOEs sooner

 Strategic investors may be able to sell their shares in a State-owned enterprise (SOE) three years after the firm is equitised, according to the finance ministry.

Foreign firms pay more heed to environment protection

 Foreign investors in Vietnam show an increased level of knowledge and responsibility in respect of environment protection, according to a high-profile survey.

Agri-tech’s fields grow FDI interest

 Due to what many perceive as an opening for high-tech applications, Vietnam’s agricultural sector has been becoming increasingly attractive to foreign investors.

Dressed for success

 The recent arrival of international fashion brands in Vietnam is evidence of the country’s huge potential despite any short-term challenges.

Paying their way

Tax incentives are a perfectly acceptable way of attracting both local and foreign investment and have a host of positive knock-on effects.

Challenges ahead for King of pangasius

The future looks challenging for Hung Vuong JSC, dubbed “the King of Pangasius,” after the audit of the company’s financial reports showed a big discrepancy between audited and self-reported profit, revenue, and liabilities.

Ministry denies rice licence costs $20,000

 The Ministry of Industry and Trade has denied reports that a rice company had to pay US$20,000 for a rice export licence.

India to lift suspension of Vietnamese agricultural goods import

 India will lift its suspension of the import of some Vietnamese agricultural products, which was enforced on March 7.

VN stock market rebound likely as shareholders meet

 Shares may rebound this week on high investor attention to annual shareholders’ meeting of listed companies, as well as their reports on estimated first-quarter results.

Fun & games

Amusement parks may become a trend within Vietnam’s entertainment real estate segment.

Danang continues to ban Grab and Uber

 Danang, the most popular tourist destination in Vietnam, is waiting for guidance from the Ministry of Transportation on its request to pilot plan to apply technology in contracted passenger transport businesses.

Trade offcials to meet in Vietnam in May to discuss TPP

 Trade officials from the eleven remaining members of the TPP will hold discussions in the coming weeks and ministers will meet again in May in Vietnam to continue debate over the TPP.

VN Government mulls safeguards to protect domestic carmakers

Deputy PM  Trinh Dinh Dung has asked the Ministry of Industry and Trade and relevant agencies to study the possibility of applying safeguards to protect the domestic automobile manufacturing industry from looming zero-tariff car imports.

South Korea interested in Long Thanh airport development

Vietnam’s Ministry of Transport and South Korea’s Ministry of Land, Infrastructure and Transport on Wednesday signed a Memorandum of Understanding to promote bilateral co-operation in the railway sector.

Co-working spaces flourishing in Southeast Asia

 With its low cost of living, young tech-savvy workforce, and digital infrastructure, Southeast Asia is fast becoming a hotspot for startups and digital nomads, according to the latest report by real estate consultants JLL.

With 6 more listings, UPCoM crosses 500

 Six companies debuted their shares on the Unlisted Public Company Market (UPCoM) on Thursday, with a total of 495.6 million shares listed on the exchange worth nearly VND5 trillion (US$219.3 million).

Japanese chafe at VN food regs

  Representatives of Japanese enterprises met this week with Vietnamese officials to complain about difficulties in food imports.

Motorcycle show to be held in Hanoi in May

 A wide range of motorcycle models manufactured by the world’s leading producers will be on display on a 10,000sq.m area during the Viet Nam Motorcycle Show 2017 (VMCS 2017). The event is scheduled in Ha Noi on May 4-7.

Vietnam slams Australia’s prawn ban

 The Vietnamese Government has accused Australia of "causing serious damage" to its prawn farmers and exporters and has asked the Federal Government to reconsider the ban on uncooked prawn imports.

Aviation authority calls for fee hike

 The Civil Aviation Authority of Vietnam has sent a proposal to the Ministry of Transport to raise several aviation service charges in order to reduce peak-hour overloads and raise money for infrastructure development.