Economy
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FPT to cut its stake in retail unit to below 50 percent
Information technology group FPT Corporation (FPT) has announced it will reduce its ownership in its retail arm FPT Technology Production Distribution and Retail to below 50 percent.
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Dairy firms to set own retail prices
Traders producing and importing milk and food supplements for children under 6 years old will be allowed to self-determine the retail prices for their products, the Ministry of Industry and Trade (MoI
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Bac Giang posts best lychee crop in 60 years
Increasing exports helped Bac Giang, the country’s lychee farming hub, obtain its most successful lychee crop in 2017, with the highest prices in six decades, heard a conference on August 2 in the nor
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Thua Thien-Hue earns 474.7 million USD in export revenue
The central province of Thua Thien-Hue shipped 474.7 million USD worth of products to foreign countries in the first seven months of the year, a year-on-year surge of 24.88 percent.
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Japanese food companies increase presence in Vietnam
Japanese food businesses are seeking to increase their presence in Vietnam, according to Dau tu (Investment) newspaper.
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Vietcombank joins SWIFT GPI
SWIFT has announced that Vietcombank is the first bank in Vietnam to sign up for SWIFT GPI -- its global payments innovation initiative.
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Steel production steadies, room for growth
Despite stagnation in the second quarter of 2017, Vietnam’s steel industry managed to turn a profit in the first seven months of the year, led by a rebound in construction and real estate demand.
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Latent risks as Aussie meat beefs up VN market share
As the demand for imported beef soars, Australian exporters are strengthening their market share in Vietnam, but the situation is fraught with risk, experts say.
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PM hopes for stronger Vietnam-Tanzania trade, investment ties
Prime Minister Nguyen Xuan Phuc voiced his hope for stronger trade and investment ties between Vietnam and Tanzania while receiving two ministers from the African country in Hanoi on August 2.
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New payment mode for G-bonds launched
The new payment mode for transactions of Government bonds through the State Bank of Vietnam (SBV) instead of through a commercial bank was launched in Hanoi on August 1.
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Demand for Vietnamese rice to be stable in Q3
Demand for Vietnamese rice is expected to be stable in the third quarter of the year, Vietnam Food Association (VFA) Chairman Huynh The Nang has said.
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Vietnamese books to be shipped abroad
China will import books of Vietnam’s Chibooks publishing house, said Nguyen Le Chi, Director of the Le Chi Culture and Communication Company on July 31.
