Vietnams food industry

The main reason for the industry slump is Decree 100, which took effect on January 1 this year, imposing stiff penalties for drunk driving. Those riding bicycles and electric bikes will also be fined for driving under the influence. Motorcyclists and car drivers can be fined VND6-8 million and VND30-40 million ($1,300-1,725), double the old levels and have their licenses suspended for 22-24 months. … [Read more...] about Lower growth trend brews for Vietnam beer industry

Quang Ninh has proactively invested in infrastructure development, particularly in transport, according to Secretary of the provincial Party Committee Nguyen Xuan Ky. Total investment under the public-private partnership (PPP) model in transport over the last five years stands at nearly 50 trillion VND, Ky said, with only about 9 percent sourced from the State. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 8

The contents of the investigation include identifying information of the enterprises (name, address, telephone, fax, email, tax code, type of economy, main business line); the situation of production and business activities of enterprises; solutions of businesses to respond to the effects of COVID-19; evaluate the effectiveness of Government solutions to support businesses; and information on the competitiveness of businesses. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 12

As a result, traditional fish sauce making villages and establishments have reacted angrily requiring the true conception of traditional fish sauce to help the traditional fish sauce escaping bankruptcy because of intentionally ambiguous definition of fish sauce and dipping sauce. … [Read more...] about Ministry greenlights setting of Vietnam Fish Sauce Association

It will take growth quality as the foundation to shift to exports of services and intangible goods such as software and digital content, encourage links between the country's various regions to increase exports to markets with which Viet Nam has free trade agreements, improve the competitiveness of export items by capitalising on the city’s comparative advantages, join global value chains, and increase links between businesses. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 9