Archive for January 5th, 2017

Tax regulation puts auto importers under tenterhooks

05-Jan-2017 Intellasia | The Saigon Times | 6:00 AM

Auto importers are under tenterhooks due to a circular dated August 12 which imposes higher special consumption tax on imported cars that have been sold since July 1 last [...] » More

Vietnam has four markets with export turnover topping $10b

05-Jan-2017 Intellasia | Saigon-gpdaily. | 6:00 AM

Vietnam had four export markets with the export turnover exceeding $10 billion each last year among over 200 countries and territories worldwide having bilateral trade [...] » More

PM wants filmmaker equitisation reviewed

05-Jan-2017 Intellasia | The Saigon Times | 6:00 AM

Prime minister Nguyen Xuan Phuc has told the Ministry of Culture, Sports and Tourism to review the equitisation process at Vietnam Feature Film Studio although its share [...] » More

E-commerce is the future, and retailers of all sizes are joining in

05-Jan-2017 Intellasia | VIR | 6:00 AM

Foreign retailers are geared toward Vietnam’s e-commerce to take the lead in the market. Japanese retail giant Aeon has officially joined the e-commerce bandwagon in [...] » More

2016 rice exports sharply decline

05-Jan-2017 Intellasia | The Saigon Times | 6:00 AM

Vietnam’s rice export volume last year reached an estimated 4.88 million tonnes worth $2.2 billion, the lowest since 2012, according to a report released by the [...] » More

Improved quality boosts export of fruit, vegetables

05-Jan-2017 Intellasia | VNA | 6:00 AM

Vietnam’s fruit and vegetable export in 2016 hit 2.4 billion USD, representing an increase of 30 percent from 2015 and exceeding the year target of 2.2 billion USD set [...] » More

Vietsovpetro’s revenue down 28pct

05-Jan-2017 Intellasia | Dtinews | 6:00 AM

Vietsovpetro – an oil and gas exploration joint venture between Vietnam and Russia – exploited 5 million tonnes of crude oil in 2016, generating yearly revenue of [...] » More

Central residents stung by high chilli prices

05-Jan-2017 Intellasia | VNA | 6:00 AM

Chilli prices in the central province of Thanh Hoa have reached a record high. In many local markets, consumers have had to fork out 1,000 VND (0.04 USD) for just two [...] » More

EVN to spend $366.7m upgrading southern power grid

05-Jan-2017 Intellasia | The Saigon Times | 6:00 AM

Southern Power Corporation (EVNSPC) will put aside VND8,350 billion, or nearly $370 million, to develop power grid projects in 2017 to meet electricity demand of 21 southern [...] » More

EVN SPC achieves its goal in 2016

05-Jan-2017 Intellasia | Saigon-gpdaily | 6:00 AM

The Electricity Vietnam’s Southern Power Corporation (EVN SPC) said at a press brief that it achieved the year’s goal to produce electricity for production. [...] » More

Vietnam Airlines calls 2016 year of success

05-Jan-2017 Intellasia | Bernama | 6:00 AM

The national flag carrier Vietnam Airlines and its subsidiaries posted combined revenue exceeding 76 trillion VND (US$3.34 billion) in 2016, up more than 10 per cent [...] » More

Vietnam Airlines earns record high profit in 2016

05-Jan-2017 Intellasia | Saigon-gpdaily | 6:00 AM

National flag carrier Vietnam Airlines (VNA) on January 1 reported that the corporation earned the record high pre-tax profit of VND2.5 trillion (US$109.85 million) last [...] » More

Vietnam-US direct air routes may begin in 2018

05-Jan-2017 Intellasia | Vietnamnet | 6:00 AM

In the first quarter of 2017, the US Federal Aviation Administration (FAA) will send staff to Vietnam to assess Civil Aviation Authority of Vietnam’s (CAAV) safety [...] » More

Dairy firms no longer care about milk price caps

05-Jan-2017 Intellasia | The Saigon Times | 6:00 AM

A controversial decision imposing price ceilings on powdered milk products for children under six years old expired at the end of last year, but its termination or [...] » More

Vietnam’s retail market hits $118b amid M&A spree

05-Jan-2017 Intellasia | VnExpress | 6:00 AM

Foreign investors, mainly from Thailand, Japan and South Korea, are attracted by the country’s bigger and richer middle class. Vietnam’s retail market has grown [...] » More