CIEM: Outlook dims as economists see slower growth
CIEM: Outlook dims as economists see slower growth

(VOV) - The Central Institute for Economic Management (CIEM) has downgraded its forecast for Vietnam’s growth in 2016, warning that the numbers would be weaker than the current year due to heightened uncertainty and financial market volatility. 

CIEM: Outlook dims as economists see slower growth
Vingroup opens fifth residential and commercial complex in Hanoi
Vingroup opens fifth residential and commercial complex in Hanoi

(VOV) - On November 20, Vingroup ceremoniously inaugurated its fifth residential and commercial complex in the Hanoi metropolitan area, which is conveniently located on Nguyen Chi Thanh Street. 

Vingroup opens fifth residential and commercial complex in Hanoi
TH True Milk grabs attention at Russian int’l dairy forum
TH True Milk grabs attention at Russian int’l dairy forum

Vietnam’s TH Group has caught interests from the 2nd International Agricultural Dairy Forum in the Moscow region, Russia which looked to develop dairy and cattle farming industry to minimise imports of dairy products.

TH True Milk grabs attention at Russian int’l dairy forum
Major auto brands heading to VIMS 2016
Major auto brands heading to VIMS 2016

(VOV) - Next year’s Vietnam International Motor Show (VIMS) – October 26-30, 2016 – will showcase nearly every major auto brand and give consumers an idea of what the automotive market has in store for the next decade.

Major auto brands heading to VIMS 2016
Asia’s leading Renewable Energy Exhibition set to open in Hanoi
Asia’s leading Renewable Energy Exhibition set to open in Hanoi

(VOV) - Thousands of industry professionals have registered to attend the 1st edition of the Renewable Energy and Energy Efficiency Exhibition, November 25-27, at the Vietnam Exhibition Fair Centre in Hanoi, according to the organizers. 

Asia’s leading Renewable Energy Exhibition set to open in Hanoi
International Conference of EAS Congress wraps up
International Conference of EAS Congress wraps up

The International Conference of the 5th East Asian Seas (EAS) Congress closed in the central city of Da Nang in the morning of November 20 after three days of working. 

International Conference of EAS Congress wraps up
Vietnam promotes African, Mekong Francophone countries’ cooperation
Vietnam promotes African, Mekong Francophone countries’ cooperation

Vietnam has played a crucial role in promoting economic, trade, and investment links, especially the South-South cooperation, between African countries and the Francophone countries of the Mekong region.

Vietnam promotes African, Mekong Francophone countries’ cooperation
Korean firm eyes US$200 mil solar power plant project
Korean firm eyes US$200 mil solar power plant project

(VOV) - Hanwha Group from the Republic of Korea (RoK) is destined to build a US$200 million solar power plant with a capacity of 100-200 MW in the central ThuaThien Hue province.

Korean firm eyes US$200 mil solar power plant project
Singapore, EAEU to negotiate free trade agreement
Singapore, EAEU to negotiate free trade agreement

Singapore and the Eurasia Economic Union (EAEU) will soon start negotiations on a comprehensive free trade agreement. 

Singapore, EAEU to negotiate free trade agreement
Smartphones gain in popularity as tablets sales decline in Vietnam
Smartphones gain in popularity as tablets sales decline in Vietnam

 The sales of iPad in the Vietnamese market have declined, even though they are competitive with other rival brands and have high quality.

Smartphones gain in popularity as tablets sales decline in Vietnam
Vietnam's fund manager acquires US distributor of Saigon beer
Vietnam's fund manager acquires US distributor of Saigon beer

Ho Chi Minh City-based Saigon Asset Management Corporation has struck a deal to acquire Heritage Beverage, the sole distributor of the popular Saigon beer in Canada and the US, local media has reported.

Vietnam's fund manager acquires US distributor of Saigon beer
Vietnam tire market to reach US$2.7 bln by 2020: report
Vietnam tire market to reach US$2.7 bln by 2020: report

The Vietnamese tire market will top US$2.7 billion in revenue by 2020 on account of many favorable conditions, including auto sales and legislation, a global market research company has said, citing its own report.

Vietnam tire market to reach US$2.7 bln by 2020: report
Wood processing needs raw material
Wood processing needs raw material

Vietnam must improve the local supply of raw materials for the wood processing industry to ensure sustainable development and meet the export targets.

Wood processing needs raw material
Import tax to be slashed on automobile spare parts
Import tax to be slashed on automobile spare parts

Import tax on auto spare parts and components may be down to zero % next year, two years before schedule in 2018, under the ASEAN Free Trade Agreement (FTA).

Import tax to be slashed on automobile spare parts
French, Vietnamese firms team up to farm maize in Phu Yen
French, Vietnamese firms team up to farm maize in Phu Yen

France’s InVivo NSA Group will partner with a company based in Phu Yen province to cultivate maize on a trial basis in the central locality of Vietnam.

French, Vietnamese firms team up to farm maize in Phu Yen
Largest coconut processing factory inaugurated in Ben Tre
Largest coconut processing factory inaugurated in Ben Tre

The Ben Tre Import Export Joint Stock Company inaugurated and put into operation a factory manufacturing canned coconut milk in the Mekong Delta province of Ben Tre on November 19.

Largest coconut processing factory inaugurated in Ben Tre
Vietnam, Czech Republic boost trade links
Vietnam, Czech Republic boost trade links

A Vietnam-Czech business forum was held on November 19 in Ho Chi Minh City as part of President of the Senate of the Czech Republic Milan Stech’s official visit to Vietnam from November 15-20.

Vietnam, Czech Republic boost trade links
UK-ASEAN Business Council to popularise Da Nang
UK-ASEAN Business Council to popularise Da Nang

The UK-ASEAN Business Council (UKABC) will upload images of Da Nang city and success stories by foreign investors there on its event websites, Executive Director Ross Hunter assured Vice Secretary of the municipal Party Committee Vo Cong Tri.

UK-ASEAN Business Council to popularise Da Nang
Vietnam’s fruit, vegetable exports on target
Vietnam’s fruit, vegetable exports on target

Fruit and vegetable exports are likely to achieve the Government's target of US$1.65 billion this year, according to the Ministry of Industry and Trade.

Vietnam’s fruit, vegetable exports on target
Tra fish export to China enjoys strong growth
Tra fish export to China enjoys strong growth

Vietnam’s tra fish export to China and Hong Kong (China) recorded a strong growth in the first ten months of this year, hitting US$122 million, representing a year-on-year increase of nearly 50%.

Tra fish export to China enjoys strong growth
Finance minister: SCIC performs well
Finance minister: SCIC performs well

The State Capital Investment Corporation (SCIC) has performed well in taking over State-owned enterprises and making efficient divestment in some enterprises, while making just a few new investments.

Finance minister: SCIC performs well
Quang Ninh prepares for largest ever Vietnam-China Trade Fair
Quang Ninh prepares for largest ever Vietnam-China Trade Fair

(VOV) - The 10th edition of the Vietnam-China Tourism and Trade Fair, December 16-22, will kick off at Mong Cai City in Quang Ninh Province with over 230 exhibitors showcasing their wares in 300 stalls.

Quang Ninh prepares for largest ever Vietnam-China Trade Fair
Can Vietnam become a major player in the apparel industry?
Can Vietnam become a major player in the apparel industry?

(VOV) -Having recorded positive annual growth since 2001, the Vietnam garment and textile industry is now banking on a noodle bowl of signed and potential Free Trade Agreements (FTAs) to continue its journey on the path to prosperity.

Can Vietnam become a major player in the apparel industry?
Vietnam-Laos trade fair to open in December
Vietnam-Laos trade fair to open in December

The 2015 Vietnam-Laos trade fair will be held in Pakse city, Champasak province, Laos from December 22-27, the Sai Gon Giai Phong (Liberated Saigon) newspaper reported, quoting an announcement of the Defence Ministry’s Economics Department.

Vietnam-Laos trade fair to open in December
Rising demand for Uber cars, cheap loans boost car sales in Vietnam
Rising demand for Uber cars, cheap loans boost car sales in Vietnam

Many Vietnamese are buying new cars financed by soft loans widely offered by local banks, reflecting demand for serviced cars, especially Uber, as they find joining the U.S-headquartered app-based car service provider will give them a good source of income.

Rising demand for Uber cars, cheap loans boost car sales in Vietnam
Organic produce popular among Vietnamese consumers despite higher prices
Organic produce popular among Vietnamese consumers despite higher prices

“If you begin tilling the land today and then sow seeds, you will be able to harvest vegetables and carry to the market in 40 days. But it took us three years to satisfy the international standard for organic vegetables,” said Pham Phuong Thao, director of Mua Trade & Service Company, which owns the Organica shop chain.

Organic produce popular among Vietnamese consumers despite higher prices
Vietnam may add small airport near Ho Chi Minh City
Vietnam may add small airport near Ho Chi Minh City

The airport in Ba Ria-Vung Tau will serve domestic flights with a designed capacity of 100,000 passengers a year.

Vietnam may add small airport near Ho Chi Minh City
KPMG leader visit highlights BEPS initiative
KPMG leader visit highlights BEPS initiative

Latest developments under the Base Erosion and Profit Shifting (BEPS) initiative of the Organisation for Economic Co-operation and Development (OECD) was one of the key points of a recent four-day visit by KPMG’s global leader for Transfer Pricing Services Sean Foley to Vietnam.

KPMG leader visit highlights BEPS initiative
Tech park to boost science spending
Tech park to boost science spending

The Hoa Lac Hi-Tech Park (HHTP) expects to boost science and technology projects by providing preferential treatments on property issues for potential hi-tech companies.

Tech park to boost science spending
Gasoline prices drop slightly in Vietnam
Gasoline prices drop slightly in Vietnam

Retail gasoline prices in Vietnam were reduced by one percent at the request of the Ministry of Finance and the Ministry of Industry and Trade on November 18, following the global downward trend.

Gasoline prices drop slightly in Vietnam
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