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The customs sector has put into operation 10 specialised inspection units in eight areas, an official told a press conference in Hanoi on August 16 on improving the efficiency of inspection on imports and exports.
Establishing a representative office in Việt Nam is considered a safe initial step before traders conduct a series of complex high-cost legal procedures to establish a wholly foreign-owned enterprise.
A multibillion-dollar oil refinery to begin operating next year in north-central Vietnam will cause millions of dollars in loss to state coffers every year, the Department of State Budget has said.
The Vietnamese Ministry of Science and Technology (MoST) will create the best possible mechanisms and policies for high-tech parks as well as businesses of the Asian Science Parks Association (ASPA) to expand cooperation and improve their scientific-technological capacity in Việt Nam.
It is unclear whether the Vung Ro refinery project in the central province of Phu Yen will be implemented this year, even though both the authorities of Phu Yen province and the leaders of Vung Ro Petroleum Ltd. said they were determined to start the project in 2016.
Many industrial zones (IZs) have been built in the Mekong Delta and more will be built in accordance with approved plans, but some IZs have been left idle.
MobileWorld (HOSE: MWG) plans to expand its operations abroad, as the domestic market of smart phone trading has become saturated.
Yamato Holdings Co., Asia’s biggest package-shipping company, is looking for partners to start a chilled delivery service in Vietnam and Thailand as demand grows for sushi and other Japanese cuisine, according to people familiar with the plan.
The Government has approved an e-commerce development plan for 2016-20 that targets 50 percent of consumers switching from cash to other forms of payment.
Hong Kong looks forward to stronger ties with Viet Nam, its chief secretary for administration, Carrie Lam, has said.
Bill & Melinda Gates Foundation Trust of billionaire Bill Gates and his wife recently completed a deal that turns it into a major shareholder of VEIL – the largest investment fund in Vietnam.
The real estate conglomerate Vingroup plans to build a trade complex in Ha Giang city, the northern mountainous province of Ha Giang, stated Secretary of the municipal Party Committee Tran Manh Loi.
