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Vietnam: Indonesia seeks to boost palm oil, paper trade

HANOI — Vietnam’s import of palm oil and paper from Indonesia could experience a year-on-year increase of 38 per cent, Indonesian ambassador to Vietnam Ibnu Hadi said on Wednesday. While addressing a seminar held by the Indonesian Embassy in Vietnam with the aim of linking the two countries’ businesses in the trade of palm oil […]

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Vietnam wins Philippines rice contract

HANOI — Vietnamese businesses won a contract to supply 175,000 metric tonnes (MT) of rice to the Philippines via an open tender for 250,000 metric tons of government’s rice importation, which was organised by the National Food Authority (NFA) in Quezon City on July 25. The news was confirmed by Chairman of the Vietnam Food Association Huynh The […]

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Vietnam: Gov’t studies making use of idle dollars, gold

HANOI — How to mobilise idle foreign currency and gold from locals to invest in business and production has become a hot issue recently, with the Government last week once again asking the State Bank of Vietnam (SBV) to consider proposals. At a working session with SBV last week, Government Office chairman Mai Tien Dung said the Prime Minister […]

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Vietnam: Facebook traders face taxation anxieties

HANOI — Le Ha of Hanoi, who has been selling clothes on Facebook, is stressed and worried after receiving a message from tax authorities inviting her to come and declare her income. Ha is one of over 13,400 Facebook account holders in Hanoi who’ve been identified by the Hanoi Taxation Department as online traders. “I […]

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Vietnam a Top 5 exporter of suitcases, backpacks, handbags

With $3.2 billion worth of exports of suitcases, backpacks, and handbags in 2016, Vietnam was among the Top 5 largest exporters in the sector, according to the Leather, Footwear and Handbag Association (LEFASO). Vietnam ranked fifth among the ten largest exporters of suitcases, backpacks, and handbags the world over, contributing 5.4 per cent to last […]

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