News

In Vietnam, one of the world’s largest and fastest-growing beer markets, new battle lines are being drawn as Heineken NV and local industry leader Sabeco hone their product offerings and build up marketing muscle.

There should be a shared database of online sellers to make sure tax collection in e-commerce activities is sufficient, officials have said.

The Ministry of Industry and Trade (MoIT) will take the initiative in changing trade policies and collaborate with other ministries and localities to effectively support domestic enterprises to increase exports, it said.

Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate at 23,052 VND per USD on June 5, unchanged from the previous day (June 4).

New Delhi (VNA) – India’s solar PV module manufacturer Waaree Energies announced on June 4 that it has officially put into operation a 50MW ground-mounted solar plant in Vietnam.

One year after failing to enter MSCI’s watchlist for a market status upgrade, it is still uncertain if Việt Nam will make it this year despite efforts made to improve market conditions.

The credit growth of Vietnamese banks in the first five months of this year expanded by 5.07 per cent against the end of 2018, the State Bank of Việt Nam (SBV) reported.

HCM City (VNS/VNA) - Vietnam is among the top countries attracting foreign direct investment in the Asia-Pacific region, but the rate of domestic small- and medium-sized enterprises (SMEs) participating in the value chains of foreign-invested companies is rather low, according to the Investment and Trade Promotion Centre of Ho Chi Minh City (ITPC).

The country’s fine art and handicraft exports experienced a significant increase of 50 per cent to reach US$45 million in May, according to statistics from the General Department of Customs.