Category Archives: Affairs

Hanoi donors contribute over 176,000 USD to COVID-19 relief effort

Organisations, businesses and individuals in Hanoi have so far donated more than 4.1 billion VND (nearly 176,300 USD) COVID-19 relief effort, said the Hanoi chapter of the Vietnam Fatherland Front (VFF Hanoi) on March 20.…

HCM City pledges to use Japan’s ODA effectively

Ho Chi Minh City will do its utmost to effectively implement projects funded by Japan’s official development assistance (ODA), Chairman of the municipal People’s Committee Nguyen Thanh Phong has committed.

Phong made the pledge when receiving outgoing Chief Representative of the Japan International Cooperation Agency (JICA)’s Vietnam Office Konaka Tetsuo on March 18.…

Hanoi ranks first in food safety managment

Hanoi topped the country in terms of the management of food safety over agro-forestry-fishery products in 2019, according to the Ministry of Agriculture and Rural Development’s recently-announced rankings.

The capital ranked first with 91.5…

Prices of some securities services to be cut to support market

The Ministry of Finance has agreed in principle to reduce prices of some securities services to support the Vietnamese stock market, which has been in downfall since the COVID-19 outbreak.

Chairman of the State Securities Commission Tran Van Dung said four types of services on the derivatives market at the Vietnam Securities Depository will have their prices cut this week.…

US becomes top importer of Vietnamese tra fish in February

The US surpassed China to become the biggest importer of Vietnamese tra fish in February, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Although tra fish exports to most markets last month fell sharply from the same period last year, shipments to the US reached 18.1…

Ministry makes int’l accounting rules compulsory after 2025

The Ministry of Finance has issued a decision regulating the roadmap for the application of International Financial Reporting Standards (IFRS), replacing the current Vietnamese accounting standards (VAS).

Under the Decision 345/QD-BTC on the development of plans, roadmaps and support the application of IFRS, the roadmap for adopting IFRS in Vietnam would be divided into phases – from 2022 to 2025 and after 2025.…

Vietnam boasts opportunities to expand exports to Sweden

It is forecast that Vietnam will have great opportunities to export more types of products to Sweden when the European Union-Vietnam Free Trade Agreement (EVFTA) takes effect.

Analyzing 25 groups of products that Sweden imported the most in the past five years shows there is great potential for Vietnam to ship textiles, footwear, farm produce and food, handicrafts, and chemicals to the Swedish market.…