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Friday,  09/20/2024
Vinh Phuc: Revenue of supporting-industry firms surges 8 percent
Vinh Phuc: Revenue of supporting-industry firms surges 8 percent
Vinh Phuc (VNA) – Electrical and electronic businesses in the supporting industry of the northern midland province of Vinh Phuc have gained over 2.58 billion USD in revenue so far this year, surging 8 percent from the same time last year. A supporting-industry firm in Vinh Phuc province (Photo: vietnamnet.vn) In the period, the firms’ export value was estimated...
Ministry of Finance postpones plan of tax increase on hot rolled steel coil
Ministry of Finance postpones plan of tax increase on hot rolled steel coil
Hanoi (VNS/VNA) – The Ministry of Finance has postponed its plan of increasing the most-favoured nation (MFN) tariff on imported hot rolled steel coil (HRC) from zero percent to 5 percent after collecting opinions from businesses and experts. The Ministry of Finance has postponed its plan of increasing the most-favoured nation (MFN) tariff on imported hot rolled steel coil...
E-commerce booming but hard to control
E-commerce booming but hard to control
Hanoi (VNS/VNA) - E-commerce in Vietnam is growing, however many individuals and businesses are taking advantage of online platforms to sell poor quality and fake goods, harming customers and causing lost tax revenues. E-commerce in Vietnam is growing, however many individuals and businesses are taking advantage of online platforms to sell poor quality and fake goods. (Photo: doanhnhansaigon.vn) The...
Lang Son awards winners of provincial innovative startup contest
Lang Son awards winners of provincial innovative startup contest
(LSO) – One first, one second and two third prizes as well as two honourable mentions were awarded to the winners of the innovative startup contest of Lang Son province on September 19. The contest was part of the provincial innovative startup festival on the same day which focused on the theme “Lang Son’s potential and aspiration for innovative...
Vietnam Initiative for Energy Transition launched
Vietnam Initiative for Energy Transition launched
Hanoi (VNA) – The Vietnam Initiative for Energy Transition (VIET) was officially launched in Hanoi on September 19. At the launching ceremony (Source: http://cand.com.vn) Established in late 2018, the VIET works as an independent organisation studying activities related to the transition of the national energy system. Its main activity is hosting exchanges between scientists and policymakers in energy economy...
Reference exchange rate down 5 VND on September 20
Reference exchange rate down 5 VND on September 20
Hanoi (VNA) – The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,142 VND per USD on September 20, down 5 VND from the previous day (September 19). The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,142 VND per USD on September 20, down 5 VND from the previous day...
PM highlights aspiration for growth at Reform and Development Forum
PM highlights aspiration for growth at Reform and Development Forum
Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc emphasised Vietnam’s aspiration to develop a strong economy in his speech at a plenary session of the Vietnam Reform and Development Forum (VRDF) 2019 in Hanoi on September 19. Prime Minister Nguyen Xuan Phuc speaks at the forum (Photo: VNA) Speaking to policy makers, development partners and domestic and foreign...
Conference spotlights green finance for renewable energy
Conference spotlights green finance for renewable energy
Hanoi (VNA) – A conference on green finance for renewable energy in Vietnam’s industrial sector took place in Hanoi on September 18, as part of the Vietnam Renewable Energy Week 2019. Illustrative photo (Source: VNA) The event aimed at updating the situation of renewable energy development, opportunities and difficulties when investing in renewable energy, and green financial initiatives, particularly...
Revenue from pepper exports to Germany soar despite falling prices
Revenue from pepper exports to Germany soar despite falling prices
Hanoi (VNA) – Though Vietnam’s revenue from pepper exports experienced drops in most foreign markets, those to Germany soared during the first seven months of 2019, according to the Agro Processing and Market Development Authority. A farmer harvests pepper in the Central Highlands province of Lam Dong. (Photo: VNA) Vietnam exported 220,000 tonnes of pepper for 561 million USD...