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Friday,  09/20/2024
More work needed to fight trade fraud, smuggling
More work needed to fight trade fraud, smuggling
Hanoi (VNS/VNA) - More measures are needed in the fight against trade fraud and illegal cross-border smuggling between Vietnam and other countries, which continues to be a problem, the General Department of Customs has said. Illustrative image (Source: VNA) Speaking at an online conference to review customs work in 2019, general director of the department Nguyen Van Can said...
State budget collection in 2019 exceeds estimate by nearly 28 percent
State budget collection in 2019 exceeds estimate by nearly 28 percent
(LSO) - On January 9, Vice Chairman of the provincial People’s Committee Nguyen Cong Truong, head of the provincial steering committee for state budget collection, chaired a meeting to review budget collection work in 2019 and measures to implement tasks in 2020. In 2019, the steering committee proactively implemented the assigned tasks and focused on reviewing sources of budget...
Vinacomin sets to sell 49 million tonnes of coal in 2020
Vinacomin sets to sell 49 million tonnes of coal in 2020
Hanoi (VNA) – The Vietnam National Coal-Mineral Industries Holding Corporation Limited (Vinacomin) has set to sell 49 million tonnes of coal in 2020, a year-on-year surge of 10 percent, according to Vinacomin Deputy Director General Nguyen Hoang Trung. The Vietnam National Coal-Mineral Industries Holding Corporation Limited (Vinacomin) has set to sell 49 million tonnes of coal in 2020. (Photo:...
Reference exchange rate up 7 VND
Reference exchange rate up 7 VND
Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate at 23,174 VND/USD on January 7, up 7 VND from the previous day. Illustrative image (Photo: VNA) With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,869 VND/USD and the floor rate 22,479 VND/USD....
Conference discusses implementation of major socio-economic tasks in 2020
Conference discusses implementation of major socio-economic tasks in 2020
(LSO) - The Lang Son People’s Committee on January 6 held a teleconference with district- and commune-level authorities on the implementation of major tasks and solutions to fulfil socio-economic development plans and budget estimate in 2020. Present at the event were Chairman of the Lang Son People’s Committee Pham Ngoc Thuong, who is also Deputy Secretary of the provincial...
Spring trade fair 2020 underway in Lang Son
Spring trade fair 2020 underway in Lang Son
(LSO) - The Spring Trade Fair – Lang Son 2020 opened at the Trade Fair Centre in Lang Son city, the northern mountainous province of Lang Son on January 5. The event is jointly organized by the Centre for Industrial and Trade Promotion of Lang Son, the provincial Department of Industry and Trade, and the HZC International Fair and...
Lang Son reviews customs sector’s performance in 2019
Lang Son reviews customs sector’s performance in 2019
(LSO) – The Customs Department of Lang Son province held a meeting on January 3 to review its performance in 2019 and launch tasks for 2020. The event was attended by Pham Ngoc Thuong, Vice Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee; Nguyen Cong Truong, Vice Chairman of the provincial People’s Committee and...
Motorcycle makers running out of gas in face of increased competition
Motorcycle makers running out of gas in face of increased competition
Hanoi (VNS/VNA) - The Vietnam Association of Motorcycle Manufacturers (VAMM) reported gloomy figures for the last months of 2019, a time when the industry typically expects a boom in sales revenue. A Honda shop in Hanoi (Photo: VNA) Instead, VAMM members, comprising Honda, Yamaha, Suzuki, Piaggio and SYM, sold just over 227,000 units in October and 230,000 units in...
Global news, pre-Tet sentiment key to Vietnam stocks
Global news, pre-Tet sentiment key to Vietnam stocks
Hanoi (VNS/VNA) - US-Iran tensions and pre-Tet sentiment will be two key factors impacting the Vietnamese stock market in the coming week (January 6-10). The local stock market is forecast to move marginally between 950 points and 970 points. (Illustrative image. Source: VNA) The local stock market is forecast to move marginally between 950 points and 970 points. The...
Central bank aims to keep inflation below 4 percent again
Central bank aims to keep inflation below 4 percent again
Hanoi (VNA) – The State Bank of Vietnam (SBV) aims to again curb the inflation below 4 percent and sustain the monetary market this year, SBV Governor Le Minh Hung told a teleconference of the banking sector in Hanoi on January 2. Illustrative image (Photo: VNA) The event was held in the presence of Prime Minister Nguyen Xuan...