Ministry of Finance orders bond issuers to pay off debt
HCMC – The Ministry of Finance (MOF) has written to debt-issuing organizations, ordering them to cough up the principal and interest of their bonds and to closely follow regulations on bond issues. To ensure investors’ legitimate rights, the ministry said that bond issuers would have to work with
Businesses with outstanding CSR practices honored at Saigon Times CSR 2022
HCMC – After six months of the Saigon Times CSR 2022 program, the Saigon Times Group held a ceremony today, November 30, to honor enterprises with outstanding corporate social responsibility (CSR) initiatives and significant contributions to society. The Saigon Times CSR 2022 Merit Ceremony was
Over 144,000 CBU autos imported in 2022
HCMC – The number of completely-built-up (CBU) automobiles imported in Vietnam during the January-November period hit some 144,726 with a value of US$3.2 billion, rising by 5.9% in volume and 6.3% in value year-on-year. Automobiles with up to nine seats made up the majority of imports, totaling
Vietnam’s rice exports seen hitting record this year
HCMC – Vietnamese rice export prices have stayed high in November, while shipments to European countries, China, and the Philippines have soared, all contributing to this year’s rice export that is expected to soar to a record high of over seven million tons. Statistics from the Ministry of
Rising rent and fuel prices drive up CPI in November
HCMC – Vietnam’s consumer price index (CPI) in November has edged up a slight 0.39% over the previous month and 4.37% against the same period last year, according to data released by the General Statistics Office (GSO) today, November 29. GSO said in its report that November housing and
Zero-waste production needs systematic approach
HCMC – The step-by-step attempt and systematic approaches with a focus on reusing, recycling and replacing will work well to help manufacturers head towards a net zero factory, heard a seminar themed “The way to a net zero factory,” within the framework of the Green Economy Forum and Exhibition
Traffic congestion is biggest obstacle to southeast’s development
HCMC – Traffic congestion is the biggest challenge for the economic development of the nation’s southeast region, given that only 50 kilometers of expressway has been built among the six key provinces in the past 10 years, according to the prime minister. The southeast region encompasses HCMC,
PM: Vietnam will not expand economy at expense of environment
HCMC – Vietnam will not pursue economic growth at the expense of the environment, Prime Minister Pham Minh Chinh told the Green Economy Forum & Exhibition 2022 (GEFE 2022) in HCMC on November 28. He said at the event, held by the European Chamber of Commerce in Vietnam (EuroCham Vietnam), that
IPP Air Cargo approval procedure suspended at investor’s request
HCMC – The Transport Ministry has informed to the Prime Minister of a suspension of the approval procedure for the IPP Air Cargo JSC at the request of the carrier’s investor. Deputy Transport Minister Le Anh Tuan said that the Civil Aviation Authority of Vietnam (CAAV) had reported to the
PM urges HCMC to speed up public investment disbursement
HCMC – Prime Minister Pham Minh Chinh has urged HCMC to speed up the disbursement of public investment to further boost economic growth. He was speaking at a meeting with the municipal government on the city’s socio-economic growth on November 27, identifying public investment as one of the key
Gloomy outlook for exporters of aquatic products next year
HCMC – The number of orders and the export value of the aquatic products sector have plunged dramatically, though the year-end season usually witnesses a spike in demand. According to a survey carried out online and in-person by vietnambiz.vn, 71% of some 117 seafood companies said the aquatic
Healthy collapse
A fortnight ago, representatives of some foreign investment funds joined a meeting with the Ministry of Finance to present their concerns about the issue of corporate bonds. A representative recalls how he departed the meeting with an unnamable feeling, as if he had not attended the meeting, as if
