November 14, 2011
A car factory of Truong Hai, a member of the Vietnam Automobile Manufacturers' Association. The Vietnam Automobile Manufacturers’ Association is opposing a ministeral decision that allows local car maker Hyundai Thanh Cong to import auto frames at lower tariffs than usual. According to the association, also known as VAMA, the Ministry of Science and Technology [...]
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August 23, 2011
An employee looks at jewelry at a gold shop in Hanoi. The central bank estimated individuals were holding between 300 and 500 tons of gold. The recent gold frenzy has exposed several weaknesses in market regulations and it’s time to set up an official exchange to put gold trading back in order, experts said. Vietnam’s [...]
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November 20, 2009
LookAtVietnam – Vietnamese rice may hold an advantage on the domestic and world market due to urgent demand for the grain and widespread natural disasters. The price of rice on the domestic and world markets is expected to continue the increase.Storm and floods in the centre and a forecast drought in the north pushed the [...]
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November 16, 2009
Around 90 percent of Phu Quoc fish sauce sold both locally and overseas is faked or of poor quality, the islandâs fish sauce association said Sunday. The Phu Quoc Fish Sauce Association based on the island off the coast of the Mekong Deltaâs Kien Giang Province said raw material shortages and higher production costs had [...]
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November 13, 2009
The municipal administration has said that the controversial toll station set up on Hanoi Highway was not doing anything illegal. The city Peopleâs Committee said in a note to the city Goods Transport Association that âthe collection of toll fees on Hanoi Highway was legally groundedâ.It cited many documents approving the collection by the government, [...]
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October 8, 2009
The General Customs Department has asked its local branches nationwide to monitor car imports more closely, following allegations of fraud by local importers. The tightened control over the import of high-value products, including vehicles, air conditioners, washing machines and steels, are necessary when is an increase in fraudulent practices, the Vietnam Economic Times reported, citing [...]
Tags: Association, Car Imports, Control Over, customs, Customs Department, importers, imports, Local, Of Total Sales, percent, Practices, The association, The Association Said, The government, The vietnam, Total Sales, Vietnam
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September 11, 2009
The Vietnam Association of Financial Investors said the governmentâs investment arm should not be allowed to invest in three large Ho Chi Minh City projects because it doesnât have enough experience. In a proposal sent to the city government and the Ministry of Finance, the non-profit association said SCIC, or the State Capital Investment Corp., [...]
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September 10, 2009
The Vietnam Food Association has asked its members to stockpile 500,000 tons of rice this month to stabilize decreasing domestic prices. The association said the Mekong Delta, Vietnamâs main food-growing region, had produced two million tons of rice for this summer-autumn crop.Last month, association members stockpiled 490,841 tons of the grain, higher than the planned [...]
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September 5, 2009
A female worker sews shirts at a Vietnamese garment company in Hanoi. Vietnam is likely to maintain its export earnings at the same level as last year on the strength of market expansion and partial recovery of the world economy, experts say. âIn the context of the world economy recovering faster than expected, and firms [...]
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August 12, 2009
A farmer tends to his cows in a rice paddy field outside Hanoi. The Vietnam Food Association asked local businesses to stop lowering rice prices in international markets saying it is hurting the countryâs exports. Low prices offered by the associationâs members were causing difficulties for others in dealing with importers and leading to serious [...]
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