Business

The Ministry of Finance is again considering halving the environment tax on fuel. The tax, currently at VND2,000 (9 U.S. cents) on gasoline and VND1,000 on other fuels, could be brought down to VND1,000 and VND300, it informed relevant agencies as it sought feedback from them. The cut could take …

Vietnam will be able to keep inflation under the targeted 4 percent cap this year despite rising prices and a stronger dollar, a central bank official has assured. There is strong pressure from rising global inflation caused especially by the surging prices of oil and manufacturing inputs due to supply …

  Tân Cảng – Long Bình inland port in Đồng Nai Province. Photo sggp.org.vn ĐỒNG NAI — The southern province of Đồng Nai has optimal conditions for building inland container depots, but while many have been approved they remain on paper. The province has 13 rivers and canals with their total …

  Workers package fertilisers at a PVCMF factory. Photo vneconomy.vn HÀ NỘI — The disruption of fertiliser supply caused by the COVID-19 pandemic has led to mounting counterfeit fertilisers in the past two years, exposing the need to tighten up the market. Huỳnh Tấn Đạt, deputy director of the Plant …

  Rice is harvested in the Mekong Delta’s Vĩnh Long Province. — VNA/VNS Photo  HÀ NỘI — The Mekong Delta region is expected to develop agricultural centres in association with specialised farming zones and urban areas. The plans were laid out in Politburo Resolution No. 13 on developing the region …

A Vietinbank employee counting money at its office. VNA/VNS Photo Trần Việt  HÀ NỘI — Listed companies are being more careful with their capital mobilisation plans, as the market is in an unfavourable condition and the Government tightens the bond market management. On the stock exchanges, many listed companies postponed plans …

The Youth Startup Forum 2020. — Photo laodong.vn HÀ NỘI — The Youth Startup Forum 2022 will be held in October with the participation of about 500 young people, students and young businessmen with creative startup projects, as well as representatives of government agencies, universities and research institutes. The event, co-organised by the …

  A MOU was signed on June 17 between Sanofi-Aventis Vietnam and FPT Long Chau on cooperation to reduce plastic waste from used insulin pens in Việt Nam. — Photo courtesy of Sanofi-Aventis Vietnam HCM CITY — France-based Sanofi-Aventis Vietnam and local pharmacy chain FPT Long Châu on Friday signed a Memorandum …

  Vũ Viết Ngoạn, former chairman of the National Financial Supervisory Commission, speaks at the Financial Services and Open Banking Forum 2022 last Friday in HCM City. Photo courtesy of the organiser  HCM CITY — Việt Nam will need to speed up the digital transformation in its financial services sector in order …

  A bank teller counts cash at a transaction office in Hà Nội. From August 15, 2017 to November 30, 2021, VNĐ373.3 trillion of bad debt was recovered according to Resolution 42. Photo cafef.vn HÀ NỘI — The National Assembly (NA) has agreed to extend a pilot resolution on bad debt settlement …