Businesses still making under-the-table payments
Under-the-table payments, often required in administrative procedure categories and enforcement stages, has been compared to a 'leech' that persistently causes pain to businesses and the public.
Gas prices plunge sharply
The Ho Chi Minh City One-Member Limited Liability Oil & Gas Company (Saigon Petro), on the evening of March 31, announced that gas price would decline by VND1,708 per kilogram, or VND20,500 per 12-kilogram cylinder as of April 1.
Vietnam Airlines unveils coveted US flight proposals
Vietnam Airlines’ dream of a direct commercial flight to the US is being quickened as a way to shelter from the financial trouble amid the pandemic, with repatriation flights being the pre-runner for future non-stop journeys across the Pacific Ocean.
Local businesses advised to enter German and EU markets via investment in Bremen
VOV.VN - Germany remains the nation’s largest trading partner in Europe, accounting for approximately one-fifth of exports to the EU market, with the German State of Bremen representing an important gateway in order to help local firms penetrate Germany and the EU as a whole, heard a seminar held
New strategy to place priority on green growth
The Ministry of Planning and Investment is drafting a national green growth strategy and plans to submit it to the Government by June to accelerate the transition towards a carbon-neutral economy in Vietnam.
Vietnam set to become second largest economy in Southeast Asia
Vietnam aims to become the second largest economy in Southeast Asia by 2030 thanks to its sound economic performance, Prime Minister Nguyen Xuan Phuc has said.
Vietnamese enterprises invest in textile materials for local and export demand
Vietnamese enterprises have prompted pouring investment in textile material production to satisfy local and export demand after China’s supply chains were disrupted due to the coronavirus pandemic.
Vietnam’s rice export prices rise on strong demand globally
VOV.VN - Vietnam’s rice export prices hit a more than nine-year high this week as fresh orders trickled in, according to Business Recorder, a financial daily in Pakistan.
Trade deficit with China grows as imports soar
The value of Chinese imports in the first months of 2021 alone reached $15.42 billion, twice as much as the value of Vietnamese exports to the market.
Several commercial banks propose to increase charter capital
Many commercial banks have submitted to their shareholders and proposed to increase charter capital in the context that credit growth must ensure capital adequacy ratio (CAR) following the international standards Basel II.
Plastic enterprises stumble as prices of raw materials escalate
From the beginning of March to now, many plastic manufacturing companies have had to send price increase letters to their customers, blaming the breakdown of the supply chain of plastic materials from the US, Europe, and China. This difficulty combined with the lack of empty containers for