Trade - Service

Mobifone set revenue growth target in 2018 at 6%, significant lower than the rate of 14% in 2017, according to the company`s audited financial report in 2017.

Chinese ride-hailing firm Didi Chuxing has submitted its request for market entry to the Ministry of Transport (MoT).

Grab stressed the combined market share in Vietnam after the acquisition of Uber`s South-east Asia business is less than 30%.

Vietnam`s custom revenue in first quarter reached VND68 trillion (US$3 billion), down 2.16% compared to previous year, informed the General Department of Vietnam Customs (GDVC).

Vietnamese enterprises concern over the increasing protectionism but at the same time are optimistic about their trade outlook, cited the report “Now, next and how for business” by HSBC, released today.

CJ CGV Vietnam representative has denied information about the company`s revenue reaching nearly VND2.8 trillion (US$123 million) in 2017.

Vietnam’s total revenue from retail trade and services rose 10 percent year-on-year to exceed 1 quadrillion VND (44.05 billion USD) in the first quarter of 2018, reported the General Statistics Office (GSO).

Vietnam`s agro-forestry-fishery witnessed growth rate at 13-year high of 4.05%, contributing to the country`s strongest first-quarter growth in 10 years at 7.38%.

Vietnam`s import-export duty revenue in the first quarter of 2018 reached VND67.4 trillion (US$2.9 billion), down 3.06% compared to the corresponding period of last year, according to the General Department of Vietnam Customs (GDVC).

China still remains Uniqlo its number 1 production hub, but Vietnam`s growing importance to the Japanese casual clothing chain did not go unnoticed.

Vietnam has imported 5,000 completely built units (CBU) in March, 25 times higher than the previous month, according to the General Statistics Office (GSO).

Origin traceability will be official requirement for Vietnam fruit to enter Chinese market since April, said the Ministry of Industry and Trade (MoIT).

Berjaya Corp, Malaysian partner of Vietlott is confident the lottery company`s total revenue in period 2017 - 2025 will reach VND117.4 trillion (US$5.1 billion), according to Vietlott`s strategic development report to 2025, with vision to 2034.

Grab is requested to report to the Ministry of Industry & Trade (MoIT) over its acquisition of Uber`s South-east Asia business before April 3, announced the MoIT.

Vietnam`s agro - forestry - fishery export turnover in March accounted for US$3.1 billion, taking the total export turnover in the first 3 months to US$8.7 billion, up 9.6% year on year, according to the Ministry of Agricultural & Rural Development.

Higher duties recently slapped on Vietnamese catfish hasn`t prevent Vietnam`s export from accessing the US market, affirmed US Ambassador to Vietnam Daniel Kritenbrink at a press briefing on March 26.

National flag carrier Vietnam Airlines and AFI KLM E&M have signed a long term flight hour support contract covering the GEnx engines equipping the Vietnamese flag carrier’s fleet of Boeing 787s, which will grow to 19 Aircraft by 2021.

Vietnam`s trade turnover as of March 15 reached US$87.46 billion, up 21.2% (US$15.3 billion) compared to the same period of 2017, according to General Department of Vietnam Customs`s latest statistics.

The country made remarkable effort on combating the unreported and unregulated (IUU) fishing.

The Ministry of Transport (MoT) and the General Department of Vietnam Roads are currently planning amendments to Decree 86 issued in 2014, focusing on business condition reviews for transport firms.