Dung Quat oil refinery pays more than 200,000 billion VND to the budget after 15 years
After 15 years, Dung Quat Oil Refinery has processed more than 94 million tons of crude oil, sold more than 86 million tons of products to the market, revenue reached nearly 1.7 million billion VND, paid more than 207,000 billion VND to the state budget.
Techcombank collected more than 1,700 billion dong from selling their headquarters
Techcombank's other profit in the first quarter increased dramatically thanks to the sale of its headquarters at 191 Ba Trieu (Hanoi), earning more than 1,700 billion VND with a profit of more than 730 billion VND.
SBV to inspect share transfers among credit institutions
HCMC – The State Bank of Vietnam (SBV), the central bank, will focus on inspecting share transfers among credit institutions this year to prevent cross ownership in the banking sector. The above content, which has been approved by SBV Governor Nguyen Thi Hong, will be submitted to the National
Major gap between domestic, international standards
The National Standardisation Strategy for 2030 has set a target of raising Vietnam’s harmonisation ratio with international, regional and foreign standards to at least 65% by 2025 and 75% by 2030.
Luxembourg now third biggest European investor in Vietnam
Luxembourg is now Vietnam’s third-largest European investor, with capital totaling some $2.6 billion, according to Prime Minister Pham Minh Chinh.
Luxembourg media positive of Vietnam-Luxembourg cooperation potential
Over the past few days, many Luxembourg news channels have reported on the official visit to Vietnam by Luxembourg Prime Minister Xavier Bettel from May 3-5, assessing that it will contribute to further strengthening the bilateral relationship in the coming time.
AstraZeneca provides US$50 million for reforestation in Vietnam
HCMC – Global drug firm AstraZeneca has agreed to provide Vietnam with US$50 million, or some VND1.2 trillion, to aid the nation in reforestation and to address climate change. This is part of the British-Swedish pharmaceutical and biotechnology company’s AZ Forest, a global initiative to plant
Korean medical device companies to expedite market entry into Vietnam
The recent removal of bidding rules by the Vietnamese government is expected to accelerate the entry of Korean medical device companies into the Vietnamese market, industry watchers said.
Wood exports to US & EU still struggling
US and EU continuing to experience high inflation and slowing real estate markets.
Vietnam’s Ri6 durians exported to UK
HCMC – The first batch of Vietnamese Ri6 durians exported to the United Kingdom (UK) is now available on the shelves of supermarkets there. The five-ton shipment of Ri6 durians arrived the UK at zero duty thanks to the UK-Vietnam Free Trade Agreement, the Vietnam Trade Office in the UK said in a
Vietnamese businesses seek investment opportunities in US
The Vietnamese Embassy in Washington DC working in co-ordination with the strategic consulting firm The Asia Group organized a meeting on May 4 with Vietnamese businesses attending the 2023 SelectUSA Investment Summit.
Consider applying a priority import-export process to help businesses optimize time and costs
The Government requested to research and simplify administrative processes as much as possible or consider applying priority import and export processes to support businesses in optimizing time and costs.