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Vietnamese authorities have been asked to study possible measures to safeguard the country’s auto industry against growing competition from foreign exporters who enjoy increasingly relaxed import duties.
The Ministry of Industry and Trade has announced the imposition of a high border tax after concluding that cheap Chinese steel ingots and long steel products are flooding the Vietnamese market and causing irreparable harm to the segment.
The tin-mining enterprise whose broken tailing pond led to an overflow of toxic refuse and mass fish deaths in nearby waters has been found to be operating without proper prerequisite environmental papers.
The 2017 Africa-ASEAN Business Expo (AABE) will take place in Johannesburg City, South Africa, from November 6-8.
The domestic market remained stable on March 16 after the US Federal Reserve (Fed) raised its interest rates for the second time in three months, with the USD/VND exchange rate declining.
The Tan Rai bauxite-alumina complex in Lam Dong, invested by Vietnam National Coal and Mineral Industries Group (Vinacomin), has been suffering huge losses since its start of operations.
The domestic leather and footwear sector needs to be restructured so as to add more value to their products, with priority given to raw material production to raise the ratio of local content from the current 40-50%, said Pham Chi Dung, director of the Light Industry Department of the Ministry of Industry...
The commencement of Duong River Surface Water Treatment Plant on March 9 in Gia Lam district will help reduce the shortage of water in Hanoi by 2020.
With the development of automation technology, many unskilled workers are expected to be replaced by robots on production line
Vietnam’s exports to the United States might be impacted at least in the short term if America implements its border adjustment tax (BAT) as part of President Donald Trump’s plan to revise tax policy, a macroeconomic report said.
The Ministry of Finance has been a pioneer in administrative procedure reform, particularly in tax and customs, Vietnam Chamber of Commerce and Industry (VCCI) President Vu Tien Loc said.
Deputy Prime Minister Vu Duc Dam has asked for a concerted effort and responsibility of all Vietnamese enterprises to further improve the national business climate and competitiveness in line with the spirit of the Government’s Resolution No.19.
