Vietnamese Grab bike riders wait for passengers in HCM City. (Photo:

MoF probes Grab for possible tax evasion

The Ministry of Finance (MoF) will continue coordinating with the State Bank of Vietnam and other competent authorities to review the use of Malaysian company Grab’s grants from the mother company to its local branch.
Seafood being processed for export at Ngô Quyền Processing Export Co in Kien Giang Province. — VNA/VNS Photo

Vietnam records $2.76b trade surplus: Ministry

Vietnam recorded a trade surplus of US$2.76 billion in the first 11 months of the year, or 1.4 per cent of total export turnover, according to the Ministry of Industry and Trade (MoIT).
The manufacturing line of Bus Thaco Plant in Quang Nam province (Photo: SGGP)

Largest bus plant in Southeast Asia put into operation

Truong Hai Automobile Joint Stock Company (Thaco) hosted the opening ceremony of Bus Thaco Plant, which is considered to be the largest one in the Southeast Asian region so far, in the central province of Quang Nam this morning.
Price of dragon fruit drops drastically

Price of dragon fruit drops drastically

The price of dragonfruit has fetched VND6,000-VND8,000 per kilogram, said Head of the Dragon Fruit Association in the central province of Binh Thuan.
A view of the workshop on challenges of policy and regulatory changes for foreign investors in Vietnam in Hanoi on December 7 (Photo: SGGP)

Foreign investors raise voices against special consumption tax on soft drink

Value added tax increase and special consumption tax levy on soft drink might do more harm than good, small and medium firms in this field would suffer most and may stop operation, said Mr. Herbert Cochran, director of Vietnam Trade Facilitation Alliance (VTFA) in Hanoi this morning.
Electronic component manufacturing has attracted many foreign firms to seek investment opportunities (Photo: SGGP)

Nearly 800 foreign firms learn about Vietnamese market

The Ministry of Industry and Trade yesterday hosted a trade promotion conference with the attendance of nearly 800 foreign businesses, who have come to learn about consumption demand as well as investment opportunities in Vietnam.