Economy
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Ho Chi Minh City welcomes more than 29,900 newly established firms
An additional 29,921 new enterprises were established in Ho Chi Minh City this year by mid-September, with total capital exceeding 396 trillion VND (17.4 billion USD).
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Retail faces high employee turnover
The retail sector faces a high rate of employee turnover, hampering firms’ long-term development, argues a recent report by Navigos Group, the country’s leading human resources recruiter.
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Finance Ministry to simplify 71 administrative procedures
The Government has issued Resolution 104/NQ-CP on streamlining administrative procedures and citizens’ documents related to resident management in the jurisdiction of the Finance Ministry.
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Government projects GDP growth of 6.7 percent in 2017
The Government projects a GDP growth of 6.7 percent in 2017 in a report submitted to the National Assembly Standing Committee on October 12 during the Committee’s 15th session in Hanoi.
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Vietnam Airlines four-star status reaffirmed
The national flag carrier Vietnam Airlines has maintained a Skytrax four-star rating for two consecutive years.
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Vinamilk expects its Q3 revenue at 591 million USD
Vietnam’s largest dairy producer Vinamilk (HOSE: VNM) has estimated its third-quarter revenue at 13.3 trillion VND (591 million USD).
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Lam Dong has more high-tech flower, vegetable growing project
The People’s Committee of the Central Highland province of Lam Dong has approved a new high-tech flower and vegetable growing project.
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New regulations on banking guarantees for home purchases
The State Bank of Vietnam has issued a circular to amend Circular No 07/2015 on bank guarantees.
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Tien Giang’s fishermen enjoy bumper catch
Fishermen of the Mekong Delta province of Tien Giang have caught nearly 80,000 tonnes of seafood since the start of the year, a rise of 2.2 percent year-on-year.
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Sacombank may delist from HOSE
The Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) on October 10 announced it is considering delisting from the HCM Stock Exchange (HOSE) and changing its trading code.
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Enterprises advised to focus on organic fruit, vegetable exports to EU
Vietnam’s fruit and vegetable businesses should eye on organic products for export to the European market, experts said at a workshop in Hanoi on October 11.
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Seafood exporters fear new US, EU regulations on illegal fishing
The European Uunion (EU) is set to rule this month on the Vietnamese seafood industry’s compliance with its regulations on illegal, unreported and unregulated (IUU) fishing, and the US has just announ