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Mercedes Benz's first authorised dealer in Vietnam reports first-time loss since 2012

Mercedes Benz's first authorised dealer in Vietnam reports first-time loss since 2012

To compete with other automobile dealers, Haxaco Group, the first authorised dealer of Mercedes-Benz in Vietnam, had to offer various discount programmes, thus racking up a big loss in the second quarter of 2017.

Vinachem turns to government for aid

Vinachem turns to government for aid

Vietnam Chemical Group (Vinachem) and its subsidiary Ninh Binh Nitronegous Fertiliser Plant reported losses due to operating activities and a huge loan towards Export-Import Bank of China (China Eximbank), and requested financial support from the government.

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German and Dutch visits bolster ties

German and Dutch visits bolster ties

Vietnam is expected to lure more investment and ink co-operation deals with German and Dutch partners during Prime Minister Nguyen Xuan Phuc’s visits to these two nations from July 5-11.

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Reed Tradex showcases local visions

Reed Tradex showcases local visions

Kasinee Phantteeranurak, project manager at leading Asian event organiser Reed Tradex Co., Ltd., looks inside market development trends and the investment environment in Vietnam and shares the company’s vision for the future.

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Keeping inflation below 4% is achievable: Deputy PM

Keeping inflation below 4% is achievable: Deputy PM

The target of keeping the country’s inflation below 4 per cent in 2017 is quite feasible, said Deputy Prime Minister Vuong Dinh Hue at a meeting late last week.

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International customs officers gather for co-operation

International customs officers gather for co-operation

The second International Student Conference themed “Contemporary Issues and Challenges in Customs Management” has kicked off in Azerbaijan, focusing on solutions to drive nation-to-nation customs management co-operation.

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Gauging room for further growth: starting from state-owned enterprises

Gauging room for further growth: starting from state-owned enterprises

Whether there will be substantial or little room for growth, which might either reach its critical point already or potentially open new developmental paths, depends on the action plan to implement the three Resolutions of the Fifth Plenum of the 12th Party Central Committee. Meanwhile, the state sector continues to be considered as a key driver of the market economy by economic experts.

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CPI in HN, HCMC in first half announced

CPI in HN, HCMC in first half announced

Ha Noi’s consumption price index continued decreasing in June while the index in Ho Chi Minh City remained stable against the previous month, according to the two cities’ Statistical Departments.

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Deputy PM encourages autos carrying Vietnamese brand name

Deputy PM encourages autos carrying Vietnamese brand name

Domestic automakers must manufacture autos under the Vietnamese brand name, Deputy Prime Minister Trinh Dinh Dung suggested.

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Australian ban on VN prawns ends this week

Australian ban on VN prawns ends this week

The Australian Department of Agriculture and Water Resource announced that the import suspension on uncooked prawns would lapse on July 6, 2017.

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Number of new businesses jumps in first half of 2017

Number of new businesses jumps in first half of 2017

Nearly 61,300 new enterprises were formed in the country in the first half of this year with total registered capital of more than VND596 trillion (US$26.2 billion).

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Life insurance industry sees increasing M&A activity

Life insurance industry sees increasing M&A activity

As an attractive industry in Vietnam, the life insurance market is luring a wide range of international investors.

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Taiwan campaign presents new products to Vietnam

Taiwan campaign presents new products to Vietnam

The eighth edition of the Taiwan Excellence campaign launched in Hanoi yesterday, with the aim of introducing products and technologies that have been accorded the “Taiwan Excellence Award” in the fields of ICT, home appliances, educational aids, healthcare and fitness, and smart transportation.

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Ba Ria-Vung Tau seeking new developer for prime land plot

Ba Ria-Vung Tau seeking new developer for prime land plot

The southern province of Ba Ria-Vung Tau is looking for a potential developer to rebuild the Vung Tau Paradise Resort which has been delayed for 25 years now.

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New impetus for VN-Russia comprehensive cooperation

New impetus for VN-Russia comprehensive cooperation

State President Tran Dai Quang and his Russian counterpart V.Putin had a short meeting and held talks with each other on early June 29 during the former’s official tour of Russia.

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The Peak available for Vietnam’s elite

The Peak available for Vietnam’s elite

The Peak, developed by 8Elements - a lifestyle development company and a new player in the exciting real estate market of Vietnam, is an outstanding penthouse project specifically designed for the new-generation leaders of Ho Chi Minh City and Vietnam.

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