News

Prime Minister Nguyen Xuan Phuc has urged Italian enterprises to choose Viet Nam as their business destination when “looking towards the East”.

Merging the two national stock exchanges would improve efficiency and trading conditions, the 14th National Assembly heard at a meeting on Thursday.

A short-term mindset should be eliminated if businesses in the agriculture sector want to achieve sustainable development, speakers said at a workshop on clean and sustainable agriculture today, June 6.

Nguyen Dang Thao, 45, former general director of HCMC-based Euro Auto, was given nine years behind bars for falsifying the prices of 91 BMW cars in import documents, evading VND6.45 billion (US$275,000) in import tariffs.

The Police Department of the Central Highlands province of Dak Nong has decided to initiate criminal proceedings and detained 23 people involved in the production and trading of fake fuels.

Vietnam may see its gross domestic product (GDP) drop by VND6 trillion (US$256.6 million) in the next five years as a result of the U.S.-China trade war, said Deputy Prime Minister Pham Binh Minh.

The management and treatment of plastic waste in Vietnam remains inefficient, so the job needs the involvement of both the public and private sectors, stated Nguyen Thanh Phuong, deputy director of the Southern Environment Department.

The construction of a factory specialising in manufacturing electronic headphones began at the Bau Bang industrial park in Bau Bang district, northern Binh Duong province, on June 6.

The automobile industry of Vietnam has witnessed progress in the last two years, but the localisation rate (local part supply) still remains low, not meeting the set target, according to a Ministry of Industry and Trade (MoIT) report sent to the National Assembly for discussion and direction.