Economy
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More than 88,500 cases of smuggling in first half of 2017
In the first six months of 2017, authorities uncovered 88,560 cases of smuggling, prosecuting 1,100 cases involving 1,372 people.
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Vietnam’s tra fish among top-quality items at Japan Aeon supermarkets
Vietnam’s tra fish sold at Aeon supermarkets in Japan is listed among “TopValu” products which are goods with leading quality.
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Mercedes-Benz sales in Vietnam grow by 60 percent in H1
Mercedes-Benz Vietnam (MBV) reported a year-on-year growth of more than 60 percent in automobile sales during the first half of 2017, the best in 22 years of its presence in Vietnam.
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SBV prepares bad debt settlement plan
The central bank on July 21 held an online conference to prepare for the implementation of the scheme to settle non-performing loans (NPL) and restructure credit institutions in the 2016-20 period.
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Australia partially ends probe against Vietnam’s zinc coated steel
The Anti-Dumping Commission (ADC) under the Department of Industry, Innovation and Science of Australia has announced the partial rescission of its anti-dumping and anti-subsidy investigation on Vietn
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DOC stops anti-dumping investigation against VN polyester fibre
The US Department of Commerce (DOC) has announced the termination of anti-dumping investigation on polyester fibre imported from Vietnam.
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PM orders close watch on market when US applies Farm Bill
The Prime Minister has urged the Ministry of Agriculture and Rural Development to monitor on the market situation when the US applies the Farm Bill in September 2017.
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Reference exchange rate down 1 VND
The State Bank of Vietnam cut the daily reference exchange rate for VND/USD by 1 VND on July 21 to 22,432 VND per USD.
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Shares tumble on market divergence
Shares dropped on July 20 as blue chip stocks diverged and money flowed to companies releasing solid earnings results.
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Government moves to enforce resolution on bad debts
Prime Minister Nguyen Xun Phuc has taken action so that the National Assembly’s new resolution on bad debt settlement could be applied from August 15.
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Bien Hoa Sugar JSC to be delisted from HOSE
Bien Hoa Sugar JSC has announced its 300 million shares traded on the HCM Stock Exchange will be delisted to complete the merger with Thanh Thanh Cong Tay Ninh Sugar JSC.
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SBV issues bills to shore forex reserves
The State Bank of Vietnam (SBV) unexpectedly resumed the issue of central bank bills worth 8 trillion VND (350.9 million USD) this week, a move aimed at increasing the nation’s foreign exchange reserv