Many property developers are planning asset and stock sales as they look to slash debts, restructure business and stay afloat, which is expected to lead to a surge in M&A deals in the market. Illustrative image (Source: baodautu.vn) The real estate’s present worst period will offer an opportunity for Khai Hoan Land Group JSC to embarked on big...

Vietnamese seafood are being introduced at the Seafood Expo Global that is underway in Barcelona, Spain from April 25-27. Illustrative image (Source: VNA) The exhibition, one of the largest of its kind in Europe and the world, draws over 1,550 exhibitors from 76 countries. According to the Vietnam Association of Seafood Producers and Exporters (VASEP), Vietnam has joined...

So far this year, foreign direct investment (FDI) channeled into Vietnam neared 8.9 billion USD, with new capital surging after a slight decrease in the first three months. Illustrative photo (Source: VNA) According to the Ministry of Planning and Investment’s Foreign Investment Agency (FIA), there were 750 new projects granted investment licences worth over 4.1 billion USD, up...

On the afternoon of April 24, Mrs. Doan Thu Ha, Member of the Standing Committee of the Provincial Party Committee, Vice Chairwoman of the Provincial People's Committee received and worked with the delegation of the Ministry of Commerce of Thailand and the Embassy of Thailand in Vietnam led by Mr. Keerati Rushchano, Permanent Secretary of the Ministry of Commerce...

Deputy Prime Minister Le Minh Khai has emphasised the need to clear all roadblocks and clarify the responsibilities of the persons concerned to accelerate public investment disbursement. Deputy PM Le Minh Khai (standing) speaks at the teleconference on April 24. (Photo: VNA) He made the request on April 24 while addressing a teleconference with Ho Chi Minh City...

The price of black tiger shrimp in the first months of the year dropped sharply, causing farmers to suffer heavy losses due to the lack of export orders. Illustrative image. (Photo: VNA) Many seafood enterprises said that there have been no new export orders, so shrimp prices are falling sharply. The price of shrimp has decreased by 30-40% compared...

Industrial real estate has been a bright spot in the market thanks to a large amount of foreign investment inflows, great potential and high absorption capacity, according to experts. A view of the Vietnam-Singapore IP (VSIP) in Binh Duong (Photo: VNA) Under the industrial park (IP) planning, Vietnam has 563 IPs with a total area of 210,900 hectares, including...

The Vietnam Chamber of Commerce and Industry (VCCI) has made a renewed call for the Ministry of Finance (MoF) to eliminate the special consumption tax (excise tax) on gasoline. People buy petrol at a station in Hanoi. VCCI argues that since gasoline is not a luxury item, imposing an excise tax on it is unnecessary.(Photo: VNA) In response...

Since its inception 15 years ago, the portal www.vietnamexport.com that connects more than 60 Vietnamese trade offices abroad with exporters at home has served as an effective information channel. The portal www.vietnamexport.com that connects more than 60 Vietnamese trade offices abroad with exporters at home has served as an effective information channel. (Photo: vietnamexport.com) Operated and managed by the...

Prime Minister Pham Minh Chinh held a working session with the State Bank of Vietnam (SBV), the Ministry of Finance and the Ministry of Justice on April 22 to review and step up the issuance of two important circulars related to the finance-banking sector. Prime Minister Pham Minh Chinh speaks at the event (Photo: VNA) Discussing the draft circular...