Numerous hi-technology projects have been granted investment licences and allowed to increase investment capital in the last months of the year.
From a fertilizer importer, Vietnam has become an exporter of the product, with 892,000 tonnes shipped abroad in 11 months of this year for US$277 million, a year on year increase of 34.5% in volume and 43% in value.
Overseas remittances to Ho Chi Minh City is expected to total US$5.2 billion this year, up 4.5% year-on-year, said an official of the State Bank of Vietnam (SBV).
Vietnam’s seafood export turnover is expected to reach US$8.3 billion this year, posting an 18% increase over 2016, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Ho Chi Minh City needs more investment capital for transport infrastructure development, according to the city’s transport department.
The business community will define the future of the Vietnamese economy in the coming decades and serve as an important driving force to achieve prosperity, stated Prime Minister Nguyen Xuan Phuc at the 2017 Vietnam Business Forum (VBF)’s year-end session in Hanoi on December 12.
An event call French Week at Big C began at the supermarket chain’s outlets around the country on December 10 as part of the French Month in Vietnam.
The 2017 year-end session of the Vietnam Business Forum (VBF) opened in Hanoi on December 12.
Sabeco holds the largest market share, but it is Heineken which dominates the Vietnamese beer market.
Retailers are rushing to develop online sales by offering technological solutions to attract more customers.
VOV.VN - The annual Vietnam Business Forum (VBF) themed “VBF – 20 years contribution and towards socio-economic development goals by 2020” opened in Hanoi on December 12.
After spending over US$1 billion on acquiring a large stake in Vinamilk, the largest automotive group from Singapore, Jardine Cycle & Carriage Limited Company (JC&C), has poured VND45 billion into acquiring an additional 1.1 million shares in Refrigeration Electrical Engineering Corporation (REE).
The Vietnamese personal finance products space is booming thanks to the rise of the young middle-class consumer society.
Prime Minister Nguyen Xuan Phuc has just signed a Government’s resolution approving the draft of the third Protocol amending the ASEAN Comprehensive Investment Agreement (ACIA).
The Electricity of Vietnam (EVN) said its total electricity output in January-November increased by 8.16% year on year to reach 181.35 billion kWh.
Deputy Minister of Industry and Trade Tran Quoc Khanh highlighted Vietnam’s commitment to promoting the multilateral trading system while addressing a plenary session of the 11th World Trade Organisation (WTO) Ministerial Conference in Argentina on December 11.
Under a new decree, used auto imports will have no way to enter Vietnam because of high tariffs and strict requirements on maintenance services, creating a golden opportunity for domestic automobile manufacturers.
Robust credit growth will help the Vietnamese economy achieve its growth target this year, while export is likely to remain strong and more foreign capital will flow into utilities, says Australia & New Zealand Bank Group.
Despite natural disasters and market regression, in the past 11 months, Vietnam’s total agriculture, forestry and aquaculture export turnover hit US$33.14 billion, though food management still has room for improvement.
Dr Mai Liem Truc, former deputy minister of Post and Communications, talks to the newspaper Nong Thon Ngay Nay (Countryside Today) about the need to finalise the draft Law on Cyber Security. .