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Samsung agrees to take domestic parts suppliers

VietNamNet Bridge - More Vietnamese manufacturers who found it difficult to become part of Samsung’s global supply chain, are becoming component suppliers for Samsung.

Import price hikes anticipated, importers indecisive about plans

VietNamNet Bridge - The dong devaluation will make goods, especially imports, become more expensive, but analysts say prices will increase slowly.

Public investment projects reject Vietnamese products, brush laws aside

VietNamNet Bridge - Many bidding documents require tenderers to provide import products, even if the products can be made domestically. 

Ministry makes helping farmers earn more profit a top priority

 VietNamNet Bridge – The Minister of Industry and Trade's Vu Huy Hoang talks to Kinh Te Viet Nam va The Gioi about measures to help farmers resolve difficulties with consumption and production.

MOIT: Coal-run thermal power plants still only choice in Vietnam

VietNamNet Bridge - Vietnam will continue developing coal-run thermal power plants in the upcoming years despite the anticipated impact on the environment, as no better solution has been found.

Petrol-pricing scheme unintelligible, experts say

VietNamNet Bridge - The average petrol import price in the last six months was 40 percent lower than that of the same period last year, but the retail price has decreased by 20 percent only.

Foreign canned beer becoming more popular in Vietnam

VietNamNet Bridge - With improved incomes in recent years, more Vietnamese are drinking foreign canned beer instead of draft beer. But Vietnamese breweries are not making high-end beer. 

Samsung once again haggles over investment incentives

VietNamNet Bridge - Samsung seems to take full advantage of its status as a big investor to claim unprecedented investment incentives.

Vietnam’s rice exports in stalemate

VietNamNet Bridge - Vietnam’s rice exporters continue to rely on the Chinese market. Experts warn Vietnam may fall into the Chinese ‘low-quality rice’ trap.

Vietnam commits to floating electricity price from 2016

VietNamNet Bridge - Minister of Industry and Trade Vu Huy Hoang said last week that electricity prices from early 2016 would be determined by the market. 

Storehouses in Lang Son will not save farm produce: analysts

VietNamNet Bridge - Analysts have warned that even if goods transit centers are built in border areas, Vietnam’s farm produce will still be at a disadvantage if Chinese businesses make problems for Vietnamese merchants.

Convenience stores, groceries vie for turf

VietNamNet Bridge - Though foreign investors continue to pour more money into convenience stores in Vietnam, traditional variety stores still prosper.

MOIT sells watermelons, MOT drinks milk

The Ministry of Industry and Trade (MOIT) sold watermelon in front of its office in Hanoi, while the Ministry of Transport (MOT) requested its officials to drink milk instead of beer.

Changing tax calculation method, MOF cuts two trees with one saw

The Ministry of Finance (MOF) has decided to change the method of calculating a luxury tax on car imports, striving to support the development of the domestic automobile industry and increase state budget revenue from tax collection.

Formula-milk companies are not conducting transfer pricing: MOF

VietNamNet Bridge - The Price Control Agency under the Ministry of Finance (MOF) has confirmed that  formula milk companies are not conducting transfer pricing, vowing to clarify the problem.

What’s behind the high export figures?

VietNamNet Bridge - High export turnover and export growth rate are usually cited in government agencies’ reports as proof of economic development. However, there are many problems behind the figures.

Policymakers in doubt about how to handle auto industry

VietNamNet Bridge - If the government wants to retain auto-assembling enterprises to develop Vietnam’s auto industry, it will have no other choice than to support domestic enterprises.

Vietnam’s farm produce dogged by bad luck

VietNamNet Bridge - Vietnam is the second biggest rice exporter in the world, the fifth largest tea exporter and the fourth biggest shrimp exporter. But the country has met major difficulties when entering large markets.

MOIT rejects manufacturers’ claims, but retains dream of creating auto industry

The Ministry of Industry and Trade (MOIT) has reaffirmed Vietnam’s strong determination to develop its automobile industry and its policy on supporting automobile manufacturers. However, investment incentives will be given only to large projects.

Vietnam remains indecisive about cement industry plans

VietNamNet Bridge - The Ministry of Construction (MOC) wants to turn cement production into a key industry, but analysts believe it is a bad idea.