Business

  Nguyễn Tuấn, deputy director of HCM City Investment and Trade Promotion Centre, speaks at a seminar on export of furniture and other wooden products to the EU market. — Photo courtesy of the centre HCM CITY — Việt Nam has ample opportunities to boost exports of wooden products and …

Honda, which has an 80 percent share of the motorbike market in Vietnam, faces a shortage of parts. After years of using a semi-automatic motorcycle, Huy Manh of Hanoi decided to buy an automatic one, a Honda Vision listed at VND32-35 million (US$1,400-1,530). But the price quoted at HEADs (Honda …

  Tightening banking credit and corporate bond issuance for the real estate sector should be done with a roapmap to prevent market shocks. — VNA/- VnExpress News Photo Danh Lam HÀ NỘI — It is necessary to diversify capital sources for the real estate market to reduce dependence on banking credit while …

Biotech company Entobel has raised US$30 million from Vietnamese private equity firm Mekong Capital and asset manager Dragon Capital. It received $25 million from the former through its Mekong Enterprise Fund IV, and the rest from Dragon. Entobel produces insect-based ingredients from black soldier flies for various industries like animal …

  A worker inspects steel billets at a Việt Đức Steel JSC. steel mill in northern Vĩnh Phúc Province. VNA/- VnExpress News Photo Trọng Lập HÀ NỘI — Overreliance on input material imports, small production value and outdated technology were among the major weaknesses of Việt Nam’s steel industry, said …

Most currencies of developing countries have fallen against the U.S. dollar after the Federal Reserve raised interest rates last week, but not for the Vietnamese dong. The U.S. Dollar Index continues to rise by 0.5 percent this week, resulting in depreciation of emerging market currencies. The Chinese yuan fell by …

  The fertiliser prices have been recorded at VNĐ16-18 million per tonne, depending on the kinds of fertiliser. Photo vov.vn HÀ NỘI — The Ministry of Agriculture and Rural Development (MARD) has proposed a value-added tax on fertiliser products to support domestic producers. According to existing regulations, fertilisers are not …

  Buildings of Gamuda City, an urban project in Hà Nội. In the first four months of this year, real estate enterprises were the leading group in terms of bond issuance value with VNĐ28.85 trillion, accounting for 37.35 per cent of the total value of bonds issued in the period. VNA/- VnExpress …

HÀ NỘI — The Ministry of Industry and Trade (MoIT) announced the US is initiating an investigation against defensive tax evasion on wooden cabinets imported from Việt Nam. The Viêt Nam Timber and Forest Products Association said the US Department of Commerce (DoC) had notified Vietnamese authorities of an application to investigate suspicions of trade remedy tax evasion …

  Việt Nam has been viewed as a new and important market for wind power. Photo evn.com.vn HÀ NỘI — Some major businesses from Denmark and Norway have expressed an interest in developing offshore wind power during recent meetings with officials of the Ministry of Industry and Trade (MoIT). At the 26th United Nations …