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US lowers duty on Việt Nam’s shrimp exports

Processing frozen shrimp for export in Cà Mau Province. – VNA/VNS Photo Trần Việt Viet Nam News HÀ NỘI – The US government lowered the anti-dumping duty on frozen warm water shrimp from Việt Nam. The decision was published on the Việt Nam Association of Seafood Exporters and Producers (VASEP) website on September 11. According ... Read More »

Uber pays off tax debts

Uber has paid off its tax debts in Việt Nam. – Photo dantri.com.vn Viet Nam News HÀ NỘI —Uber B.V has completed the payment of its remaining tax debts and evasion penalties worth more than VNĐ53 billion (US$2.3 million), five months after the ride hailing company ceased operations in Việt Nam, according to a tax official. Nguyễn Nam Bình, deputy ... Read More »

HCM City City finds more than 7,000 construction violations

The Thủ Thiêm Dragon apartment project in District 2 has been fined for construction violations. In the last two years, the city found at least 7,360 building violations. – Photo vietnamfinance.vn Viet Nam News HCM CITY – The HCM City Department of Construction found 7,360 building violations from the beginning of 2016 to the end of July after a total ... Read More »

DHG sees profits rise

An automated production line for soft capsules at a factory of Hậu Giang Pharmaceutical Joint Stock Company. — VNA/VNS Photo Hoàng Hải Viet Nam News HÀ NỘI — The Hậu Giang Pharmaceutical Joint Stock Company (DHG) is expected to attain post-tax profit of VNĐ705 billion (US$31 million) in 2018, up 10 per cent year-on-year, Bảo Việt Securities Company (BVSC) forecasts. ... Read More »

Business incubators see positive development

Workers of Smiley Mushrooms pack products. VNS Photo Trương Vị Viet Nam News by Yến Vy The Hà Nội Business Incubator (HBI), part of the European Union-funded supporting programme for the Vietnamese private sector, has helped 30 start-ups and created 1,000 jobs. The HBI project was officially launched in November 2007 under the management of the Hà Nội Department for ... Read More »

Human resources in the digital age

Simon Matthews, country manager, ManpowerGroup Vietnam, Thailand and Middle East. Photo Courtesy of Manpower Group Vietnam Viet Nam News With the rapid development of various technologies in the era of the fourth industrial revolution, it is increasingly challenging for employers to find talent with the right competencies. If they do not have the skills to operate efficiently, they will lose ... Read More »

FDI giants – a success story

Viet Nam News by Vũ Hoa The Vietnamese Government has affirmed the major economic role played by the foreign direct investment (FDI) sector over the past three decades, stressing its continuing importance for the country. After 30 years of Đổi mới (Renewal), Việt Nam has become one of the most successful countries in the region for FDI attraction, thanks to the ... Read More »

WWF report warns ASEAN banks

 A new World Wild Fund for Nature (WWF) report finds that ASEAN’s biggest banks are increasingly aware of the impact their businesses have on the environment and society.  — Photo WWF HCM CITY — A new World Wild Fund for Nature (WWF) report finds that ASEAN’s biggest banks are increasingly aware of the impact their businesses have on the environment and ... Read More »

Rice exports set to go up on increasing demand

Sacks of rice prepared for export. Việt Nam’s rice exports are expected to rise in the remaining months of the year thanks to increasing demand in many markets — VNA/VNS Photo Viet Nam News HCM CITY — Việt Nam’s rice exports are expected to rise in the remaining months of the year thanks to increasing demand in many markets, according ... Read More »

Five commodities see exports over $1 billion

Containers at Hải Phòng Port. — Photo enternews.vn Viet Nam News HÀ NỘI — Five commodities had export values exceeded US$1 billion in August, according to the Ministry of Industry and Trade. The five commodities included phones and components, garment and textile and computers and electronic products. Their corresponding export values in August were $4.4 billion, $2.9 billion and $$2.5 ... Read More »