HCM City seeks WB’s assistance in many aspects

HCM City seeks WB’s assistance in many aspects

A high-ranking delegation of Ho Chi Minh City had a working session with leaders of the World Bank (WB) in Washington DC, the US, on December 15, seeking for the institution’s support in many fields.

Government progress in business environment improvement

Government progress in business environment improvement

VOV.VN - 2017 saw the government’s drastic engagement in removing obstacles faced by enterprises with the adoption of a series of incentive policies and the Prime Minister’s resolute commitments. These efforts are aimed at securing 1 million efficient businesses by 2020.

Workshop seeks to promote links between domestic and FDI firms

Workshop seeks to promote links between domestic and FDI firms

The Foreign Investment Agency (FIA) under the Ministry of Planning and Investment held a workshop in Hanoi on December 15 to strengthen links between domestic and foreign direct investment (FDI) enterprises to develop the supporting industry in Vietnam.

Urgent measures taken to respond to EU’s warning on IUU fishing

Urgent measures taken to respond to EU’s warning on IUU fishing

The Directorate of Fisheries (DoF) held a national conference in the central coastal city of Da Nang on December 15 to push urgent measures to counter the European Commission (EC)’s “yellow card” on illegal, unreported and unregulated (IUU) fishing.

Vietnamese products showcased at Cambodia’s import-export fair

Vietnamese products showcased at Cambodia’s import-export fair

Vietnamese enterprises are showcasing their products, ranging from handicrafts to construction materials and power devices, at the 12th Cambodia Import-Export and One Province One Product Exhibition which opened in Phnom Penh on December 15.

VND100 trillion needed for Bac Van Phong Special Zone

VND100 trillion needed for Bac Van Phong Special Zone

The People’s Committee in the central coastal province of Khanh Hoa estimated that more than VND100 trillion (US$4.4 billion) was needed to develop infrastructure for the Bac Van Phong Special Administrative-Economic Unit by 2025.

Vietnam’s logistics costs make up 20.8% of GDP

Vietnam’s logistics costs make up 20.8% of GDP

VOV.VN - Vietnam’s logistics costs remain high, equivalent to over 20% of GDP while these costs account for between 9% and 14% of GDP in developed countries, according to the Vietnam Logistics Association.

HCM City: FDI flow into property sector triples

HCM City: FDI flow into property sector triples

Ho Chi Minh City’s real estate sector attracted US$984.4 million in foreign direct investment (FDI) during January-November, triple the figure from the same time in 2016.

Rubber export revenue picks up 39 percent

Rubber export revenue picks up 39 percent

Vietnam earned more than US$2 billion from exporting 1.2 million tonnes of rubber during January-November, up 39% in value and 8.4% in volume, according to the General Department of Vietnam Customs.

E5 RON92 bio-fuel officially sold nationwide

E5 RON92 bio-fuel officially sold nationwide

The Vietnam National Petroleum Corporation (Petrolimex) and PetroVietnam Oil Corporation (PVOil) on December 15 officially supplied E5 RON92 bio-fuel for sale nationwide to replace RON 92 petrol, 15 days before a Government deadline.

Construction rules to be cut

Construction rules to be cut

The Ministry of Construction is preparing to propose huge changes in construction regulations in order to improve the climate for construction and real estate business.