Vietnam expedites eco-friendly industrial park initiative
Vietnam expedites eco-friendly industrial park initiative

An initiative aimed at converting existing industrial parks into eco-friendly production facilities was introduced at a conference held in the Mekong Delta city of Can Tho on August 12.

Vietnam expedites eco-friendly industrial park initiative
Quang Binh calls for investment in 34 tourism projects
Quang Binh calls for investment in 34 tourism projects

The central province of Quang Binh has announced a list of 34 tourism projects calling for investments from 2015-2020 with total capital of over VND23 trillion (US$1.03 billion). 

Quang Binh calls for investment in 34 tourism projects
Central bank widens VND/USD trading band
Central bank widens VND/USD trading band

The State Bank of Vietnam (SBV) has widened the trading band of Vietnamese dong/US dollar (VND/USD) from +/- 1 percent to +/-2 percent, applicable from August 12 onwards. 

Central bank widens VND/USD trading band
Binh Duong attracts over US$1.2 bln in FDI in seven months
Binh Duong attracts over US$1.2 bln in FDI in seven months

The southern province of Binh Duong attracted over US$1.2 billion in foreign direct investment (FDI) from January-July, surpassing the yearly target of US$1 billion. 

Binh Duong attracts over US$1.2 bln in FDI in seven months
Should banks be allowed to sell insurance?
Should banks be allowed to sell insurance?

(VOV) - Imagine going to your bank to make a deposit or get some cash and being offered a life insurance policy or even auto or motorbike insurance by the bank clerk.

Should banks be allowed to sell insurance?
Vietnam, Japan meet for trade talks in Hanoi
Vietnam, Japan meet for trade talks in Hanoi

(VOV) - Vietnam and Japan held high level trade talks on August 12 in Hanoi to bolster cooperation in the agri-forestry and aquatics sector, Vietnam’s Minister of Agriculture and Rural Development (MARD) Cao Duc Phat said at a press conference. 

Vietnam, Japan meet for trade talks in Hanoi
Foreign retailers drive the rise of convenience stores in Vietnam
Foreign retailers drive the rise of convenience stores in Vietnam

Vietnamese consumers are making their way from traditional markets into air-conditioned, brightly-lit convenience stores.

Foreign retailers drive the rise of convenience stores in Vietnam
Singaporean capital flows to Vietnam on upswing
Singaporean capital flows to Vietnam on upswing

Singapore has become Vietnam’s leading investment partner after an amount of over US$33 billion has been poured into numerous local projects in processing technology, manufacturing, real estate, education and entertainment.

Singaporean capital flows to Vietnam on upswing
Vietnam’s M&A waiting for a new boom
Vietnam’s M&A waiting for a new boom

(VOV) - Vietnam has witnessed dynamic mergers and acquisitions in both domestic and foreign firms of all sizes.

Vietnam’s M&A waiting for a new boom
Rice exports hit US$1.4 billion
Rice exports hit US$1.4 billion

(VOV) - Vietnam shipped 3.3 million tonnes of rice to foreign markets to earn US$1.4 billion for the first seven months of this year, down 9% in volume and 5.5% in price.

Rice exports hit US$1.4 billion
Vietnam businesses face challenges competing in ASEAN market
Vietnam businesses face challenges competing in ASEAN market

Experts on August 11 expressed doubts about Vietnam's ability to ease its business environment to the average level of doing business in ASEAN-6 by the end of the year.

Vietnam businesses face challenges competing in ASEAN market
Livestock-poultry industry to suffer most after major trade pacts take effect
Livestock-poultry industry to suffer most after major trade pacts take effect

Vietnam’s livestock and poultry industry will be the biggest losers when the Trans-Pacific Partnership (TPP) comes into effect and the ASEAN Economic Community (AEC) is formed, according to recent research by the Vietnam Institute for Economic and Policy Research (VEPR) under the University of Economics and Business.

Livestock-poultry industry to suffer most after major trade pacts take effect
New decree pushes trade to get in line with WTO commitments
New decree pushes trade to get in line with WTO commitments

Decision 1233/QD-TTg, which took effect August 3, has set new trade targets and regulations for the 2016-20 period, concerned with reducing the current trade deficit and getting the country in line with trade commitments.

New decree pushes trade to get in line with WTO commitments
Retail banking market upbeat
Retail banking market upbeat

Vietnam is expected to lure many foreign banks, especially those operating in the retail segment, once the country removes all technical barriers in the banking sector this year as committed when the nation joined the World Trade Organisation. 

Retail banking market upbeat
Vietnam upholds safeguard measures with imported vegetable oils
Vietnam upholds safeguard measures with imported vegetable oils

Vietnam will continue its safeguarding measures over vegetable oils from foreign countries as growing imports have damaged domestic production, according to the Ministry of Industry and Trade (MIT).

Vietnam upholds safeguard measures with imported vegetable oils
Majority of businesses satisfied with tax procedures reform
Majority of businesses satisfied with tax procedures reform

Up to 71 percent of enterprises said they were satisfied with the tax administrative procedures reform in 2014, according to a report released in Hanoi on August 11. 

Majority of businesses satisfied with tax procedures reform
New Zealand to ship potatoes to Vietnam
New Zealand to ship potatoes to Vietnam

New Zealand plans to export its potatoes to Vietnam under an agreement recently reached between the two countries after three years of negotiations, said Potatoes New Zealand Inc on August 11.

New Zealand to ship potatoes to Vietnam
US chicken products make up almost half of Vietnam’s meat imports
US chicken products make up almost half of Vietnam’s meat imports

A total of 45,651 tonnes of chicken products, mostly frozen thighs, were imported from the US in the first seven months of 2015, accounting for 49 percent of total meat imports into Vietnam in the period, the Quan doi Nhan dan newspaper said quoted the Department of Animal Health source.

US chicken products make up almost half of Vietnam’s meat imports
German media hails Vietnam’s renewal policies
German media hails Vietnam’s renewal policies

(VOV) -The German national public broadcaster ARD recently posted an article praising Vietnam’s renewal policies on its news website at Tagesshau.de. 

German media hails Vietnam’s renewal policies
Raw cashew imports jump in first six months
Raw cashew imports jump in first six months

(VOV) -Trade in raw and processed cashew nuts for the six months leading up to July of 2015 has risen sharply in both volume and value, according to the most recent statistics of the General Department of Vietnam Customs.

Raw cashew imports jump in first six months
Lumitel signs up 10% of Burundian population
Lumitel signs up 10% of Burundian population

Lumitel, Viettel Group's mobile operator in Burundi, has signed up 1 million subscribers, or 10% of the African country's population, in the four months since it began operations.

Lumitel signs up 10% of Burundian population
Vietnamese exporters face rising costs
Vietnamese exporters face rising costs

Local exporters are facing additional pressure from rising marine transport costs charged by foreign shipping firms, which has led to Vietnamese exports becoming less competitive.

Vietnamese exporters face rising costs
New regulation facilitates taxation procedures
New regulation facilitates taxation procedures

A circular recently issued by the Ministry of Finance guiding the corporate income tax regime helps simplify tax payments for businesses, an official said. 

New regulation facilitates taxation procedures
Businesses in the dark on Trans Pacific Partnership
Businesses in the dark on Trans Pacific Partnership

While trade ministers struggle to hash out a final agreement on the ground-breaking Trans-Pacific Partnership (TPP), Vietnamese companies are largely in the dark about the pact's potential benefits and drawbacks, business surveys have found.

Businesses in the dark on Trans Pacific Partnership
ASEAN Open Sky puts pressure on Vietnam aviation sector
ASEAN Open Sky puts pressure on Vietnam aviation sector

Air carriers in Vietnam are expected to face challenges in the air and on the ground when ASEAN implements open sky policies.

ASEAN Open Sky puts pressure on Vietnam aviation sector
Foreign firm exodus from China targets Vietnam
Foreign firm exodus from China targets Vietnam

China-based foreign investors have deemed Vietnam their top alternative destination, as China’s investment climate becomes less attractive.

Foreign firm exodus from China targets Vietnam
Ho Chi Minh City works to speed up ODA disbursement
Ho Chi Minh City works to speed up ODA disbursement

The HCM City People’s Committee set out to accelerate the disbursement of projects using official development assistance (ODA) loans after a low disbursement rate in the first half this year.

Ho Chi Minh City works to speed up ODA disbursement
Consultants predict more investments next year
Consultants predict more investments next year

Consulting firm Grant Thornton (Vietnam) has released a report on private equity that shows an encouraging improvement in respondents' belief in higher investment activities in the next 12 months.

Consultants predict more investments next year
Shrimp sales to US may slump
Shrimp sales to US may slump

The Vietnam Association of Seafood Exporters and Producers (VASEP) has forecast shrimp exports to the US to fall by 40% this year to US$638 million.

Shrimp sales to US may slump
Canada hopes to expand trade in Mekong Delta
Canada hopes to expand trade in Mekong Delta

Businesses from Canada are seeking to expand trade in the Mekong Delta of Vietnam, especially in chemicals, agriculture pharmaceuticals, seafood material and education.

Canada hopes to expand trade in Mekong Delta
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