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Trade Ministry to receive dossiers for first steel review

Trade Remedies Authority of Viet Nam, under the Ministry of Industry and Trade (MoIT), has started receiving dossiers for the first review of anti-dumping duties on some H-shaped steel products imported from China. On August 21, 2017, MoIT promulgated Decision 3283/QĐ-BCT on imposing anti-dumping duties on H-shaped steel products imported from China with HS code ... Read More »

Vietnam deals with pressure to improve labour productivity

Experts have warned that the momentum of Vietnam’s economic growth has not really come from increased labour productivity.    A worker from Thong Nhat Coal Company (Quang Ninh province) working in a coal pit.  According to the General Statistics Office of Vietnam, the country’s labour productivity is still low compared to other nations in the region, only about 1/14 of ... Read More »

Vietnam laborers abroad annually remit home US$3 billion

The amount of foreign currency sent home annually by Vietnamese workers in other countries is estimated at US$3 billion on average, heard a policy consultation workshop on “the role of the trade unions in promoting fair recruitment and decent work for overseas migrant workers.” According to a news report in Lao Dong newspaper, some 500,000 Vietnamese people are working overseas ... Read More »

Korean companies keen on Vietnamese beauty market

Many Korean beauty brands are looking to expand their operations to tap into the fast-growing Vietnamese market. Dominic OH, general director of Korea International Exhibition Centre, said that, Vietnam is becoming an attractive destination for Korean beauty companies. “In 2017, around 100 Korean companies visited Vietnam to explore the market. This year, a delegation of 150 Korean companies continues to ... Read More »

Banks cut short-term interest amid good liquidity

Some commercial banks have continued to reduce the interest rate for short-term deposits by 0.1 to 0.3 percentage points in the past week. – Photo VNA Viet Nam News HÀ NỘI – Some commercial banks have continued to reduce the interest rate for short-term deposits by 0.1 to 0.3 percentage points in the past week thanks to good liquidity. Sacombank ... Read More »

Vĩnh Long unveils construction master plan

Vĩnh Long is set to become a hub for paddies and orchards as well as a trade and tourism destination. — Photo tapchimoitruong.vn Viet Nam News HÀ NỘI — The southern province of Vĩnh Long on Tuesday unveiled a construction master plan covering the period from 2018 to 2030 and with a vision to 2050. The Deputy Director of the ... Read More »

TPBank earns US$97mn by issuing private shares

After the offering, total outstanding shares of TPBank increased from 584.2 million shares to 671.84 million shares, equivalent to a charter capital of VNĐ6.72 trillion. — Photo dantri.com.vn Viet Nam News HÀ NỘI – Tiên Phong Commercial Joint Stock Bank (TPBank, stock code TPB) has completed the private sale of 87.63 million shares to more than 20 investors, earning nearly ... Read More »

MoIT to receive dossiers for first steel review

On August 21, 2017, MoIT promulgated Decision 3283/QĐ-BCT on imposing anti-dumping duties on H-shaped steel products imported from China with HS code of 7216.33.00, 7228.70.10 and 7228.70.90. — Photo kinhtedothi.vn Viet Nam News HÀ NỘI — Trade Remedies Authority of Việt Nam, under the Ministry of Industry and Trade (MoIT), has started receiving dossiers for the first review of anti-dumping ... Read More »

HCM City: Over 12,440 firms owe insurance premiums

More than 12,440 enterprises in Ho Chi Minh City owed social insurance, employment insurance and health insurance premiums totaling over 2.7 trillion VND (118.2 million USD) as of June 2018, making up 4.2 percent of the annual collection plan. The information was revealed by Director of the HCM City Social Security Phan Van Men at a conference in the city ... Read More »

Hà Nội keen to work with German businesses

Hà Nội has imported 100 cleaning machines from the Hako Group, which have helped make remarkable environmental changes. — VNA Photo Viet Nam News HÀ NỘI – Chairman of the Hà Nội People’s Committee Nguyễn Đức Chung and a delegation of the capital city have embarked on a working visit to some European countries. Their first stop was Germany, where ... Read More »