Economy and commerce

Vietnam may take remedial action against imported steel as an influx of cheap imports has reportedly threatened the local steel industry.    News website Bao Dau Tu reported on 27 November that local producers have received support from Deputy Prime Minister Hoang Trung Hai. He ordered the Ministry of Industry ...

Vietnamese enterprises are displaying handicraft items, food and technologies at the Vientiane Expo 2015, which kicked off in Vientiane, Laos on 28 November. Keep reading ...

The Information and Communication Technology (ICT) Ministry is considering tax incentives for companies investing in tech start-ups in an attempt to stimulate long-term investment. The ministry plans to spend 100 million baht to promote Thailand’s tech start-up industry, said vice-minister Pansak Siriruchatapong. Keep reading ...

Thai businesses want the government to help them enter or expand into the Myanmar market by conducting more official visits to the neighbouring country, according to the AEC Strategy Centre at the University of the Thai Chamber of Commerce. Centre director Pussadee Polsaram said more official ...

Vietnam’s trade deficit narrowed to US$3.8 billion in the first 11 months of this year, from the $4.1 billion recorded for the first 10 months. According to the General Statistics Office, the reduction was thanks to an $18.8 billion trade surplus achieved by foreign direct investment ...

Foreign direct investment flows continued to see strong growth across the 10-member ASEAN bloc in 2014, with most countries in the Lower Mekong region reporting higher levels of inflows given their rising infrastructure needs and manufacturing activities, according to a new report jointly produced by ...

Numerous Vietnamese firms and member states of the Eurasian Economic Union (EEU) gathered at a business forum on 25 November in Hanoi to study opportunities from the free trade agreement. The business forum, which was co-organised by the Vietnam Chamber of Commerce and Industry, the Ministry of ...

A recent government report has again shed light on the vulnerable situation of Vietnam’s state-owned enterprises, whose revenues rise slowly but debts pile up quickly.    The combined revenues of 781 businesses owned wholly or partly by the government grew only 1 percent last year to VND1,709 ...

With many companies in Vietnam remaining energy inefficient, the demand for consultation on energy saving solutions is high. The Ho Chi Minh City Energy Conservation Centre, for instance, has been offering consultation to more than 200 companies a year. Keep reading ...

Science and technology enterprises will play a more important role in the near future, especially after Vietnam integrates more deeply into the global economy, speakers said at a sci-tech development seminar held on 25 November in Ho Chi Minh City. Speaking at the seminar, Deputy Minister of ...