Vietnam premier axes state-owned oil group chairman
Vietnam premier axes state-owned oil group chairman

Prime Minister Nguyen Tan Dung has signed a decision to remove Nguyen Xuan Son from the post of the chairman of state-owned Vietnam National Oil and Gas Group, or PetroVietnam.

Vietnam premier axes state-owned oil group chairman
FDI dead weight dropped
FDI dead weight dropped

Although cities and provinces show their determination to revoke licences from sluggish foreign invested projects, they still find it hard to make any revocation decisions.

FDI dead weight dropped
Binh Phuoc makes wild vegetables a specialty
Binh Phuoc makes wild vegetables a specialty

(VOV) - ‘Rau nhip’, a wild vegetable which is highly nutritious and easy to grow, grows well even in home gardens. During the war ‘rau nhip’ was part of the daily diet of soldiers stationed deep in the jungle. 

Binh Phuoc makes wild vegetables a specialty
Foreign textile & garment enterprises expand as domestic firms shrink
Foreign textile & garment enterprises expand as domestic firms shrink

The demand from Vietnam’s key export markets has decreased significantly, while the dollar has appreciated sharply, causing textile and garment export growth to slow down.

Foreign textile & garment enterprises expand as domestic firms shrink
Mobile phone imports from China increase
Mobile phone imports from China increase

China was the biggest supplier of mobile phones and parts to Vietnam in the first half of this year, accounting for 64.2 per cent of the country's imports of these products, the General Department of Vietnam Customs said.

Mobile phone imports from China increase
Workshop discusses NA role in implementing FTAs
Workshop discusses NA role in implementing FTAs

The role of the National Assembly in ratifying and implementing free trade agreements (FTAs) was the focus of a workshop held by the NA Committee for External Relations and the US Agency for International Development (USAID) in central Thua Thien-Hue province on July 20.

Workshop discusses NA role in implementing FTAs
Domestic gold prices continue to decline
Domestic gold prices continue to decline

The gold buying price fell further in the local market on July 20.

Domestic gold prices continue to decline
State bank official allays fears of further devaluation of dong
State bank official allays fears of further devaluation of dong

The State Bank of Vietnam will not weaken the dong by more than 2 per cent this year to protect national interests, Deputy Governor Nguyen Thi Hong has said.

State bank official allays fears of further devaluation of dong
RoK to invest in hi-tech agriculture in Can Tho
RoK to invest in hi-tech agriculture in Can Tho

The Republic of Korea (RoK) will provide a US$500,000 aid package for the Mekong Delta city of Can Tho to boost its hi-tech agriculture. 

RoK to invest in hi-tech agriculture in Can Tho
Bao Viet Corporation wins 3 LACP Awards
Bao Viet Corporation wins 3 LACP Awards

(VOV) - The Bao Viet Life Corporation, a subsidiary of Bao Viet Holdings, has for the fifth year in a row been awarded a prestigious League of American Communications Professionals (LACP) Vision Award.

Bao Viet Corporation wins 3 LACP Awards
Opportunities to bolster seafood exports to RoK
Opportunities to bolster seafood exports to RoK

The Republic of Korea (RoK) has been considered one of the most potential export markets for Vietnam’s aquatic products, especially after the two countries sign a free trade agreement in May.

Opportunities to bolster seafood exports to RoK
NGO projects boost economy in Thai Nguyen province
NGO projects boost economy in Thai Nguyen province

Projects run by non-governmental organisations (NGOs) in the northern province of Thai Nguyen are making active contributions to local socio-economic development, especially poverty reduction efforts. 

NGO projects boost economy in Thai Nguyen province
In the land down under, Vietnam trade balance flying high
In the land down under, Vietnam trade balance flying high

(VOV) - The nation’s trade surplus with Australia continued to expand in the first quarter of 2014 on a year-on-year basis, as exports posted solid growth of 1.3% tallying in at US$742.8 million, according to the Vietnam Trade Office.

In the land down under, Vietnam trade balance flying high
HCM City to launch Int’l Trade Centre this week
HCM City to launch Int’l Trade Centre this week

(VOV) - The Centre for the Promotion of Trade and Investment (ITPC) of Ho Chi Minh City has unveiled that on July 21 its crown jewel – International Exhibition and Business Centre – will open for business.

HCM City to launch Int’l Trade Centre this week
Vietnam’s growth strengthens despite mixed progress on structural reforms
Vietnam’s growth strengthens despite mixed progress on structural reforms

(VOV) - Vietnam’s economic growth has continued to strengthen with gross domestic product (GDP) is estimated to expand 6.28% during the first half of 2015, according to the World Bank’s latest Taking Stock report.

Vietnam’s growth strengthens despite mixed progress on structural reforms
M&A picks up speed in banking
M&A picks up speed in banking

At an extraordinary meeting on July 11 Sacombank shareholders approved plans to merge with Southern bank and issue three-fourths of a share for each share of the latter.

M&A picks up speed in banking
Shipping firms cannot go to sea because of shortage of big ships
Shipping firms cannot go to sea because of shortage of big ships

Since Vietnamese shipping firms have not made appropriate investments to develop container fleets, they have had to concede the container transport market to foreigners.

Shipping firms cannot go to sea because of shortage of big ships
Retail property sales climb in two main cities, but not rents
Retail property sales climb in two main cities, but not rents

The retail property segment in the two major cities of Hanoi and Ho Chi Minh City saw recovery in occupancy but not in rent, Savills Vietnam said. 

Retail property sales climb in two main cities, but not rents
HCM City has project to develop support industry
HCM City has project to develop support industry

Ho Chi Minh City is seeking more solutions to complete a project on developing the support industry, which plays a key role in promoting the sustainable development of major industries, according to a report on the Government website chinhphu.vn. 

HCM City has project to develop support industry
Vietnamese economy in the first half of 2015 creates stable growth momentum
Vietnamese economy in the first half of 2015 creates stable growth momentum

(VOV) - The Vietnamese economy witnessed positive changes in the first half of the year in which GDP increased nearly 6.3% against the same period last year. It’s also the highest rate since 2011. 

Vietnamese economy in the first half of 2015 creates stable growth momentum
Aquaculture under forest canopy helps Tra Vinh mangrove trees revive
Aquaculture under forest canopy helps Tra Vinh mangrove trees revive

(VOV) - Thousands of farmers in the Mekong Delta province of Tra Vinh have earned relatively high incomes from aquaculture under the canopy of mangrove forests. 

Aquaculture under forest canopy helps Tra Vinh mangrove trees revive
Vietnam tops emerging markets for greenfield FDI performance index
Vietnam tops emerging markets for greenfield FDI performance index

Vietnam has topped a performance index for green-field foreign direct investment, leading all other emerging markets by a wide margin, according to the Financial Times.

Vietnam tops emerging markets for greenfield FDI performance index
Imperial Garden apartments set for first round sale
Imperial Garden apartments set for first round sale

On July 25, 2015 at Hanoi Daewoo Hotel the HBI Joint Stock Company will officially open for sale luxury apartments under its Imperia Garden project.

Imperial Garden apartments set for first round sale
BTA, TPP: important deals to strengthen Vietnam-US trade
BTA, TPP: important deals to strengthen Vietnam-US trade

The signing of the Vietnam-US bilateral trade agreement (BTA) in 2001 marked the start of booming trade between the two countries, which hit US$35 billion by the end of 2014 from only US$1.51 billion in 2001.

BTA, TPP: important deals to strengthen Vietnam-US trade
Seminar discusses challenges for oil
Seminar discusses challenges for oil

Oil and gas industry players should optimise operations and costs to sustain their margins as prices continue to decline, Steven Yap, consulting firm Deloitte's Southeast Asia energy and resources leader, told a seminar in Ho Chi Minh City on July 17. 

Seminar discusses challenges for oil
Vietnam Ambassador pitches TPP in Washington DC
Vietnam Ambassador pitches TPP in Washington DC

(VOV) - Vietnam Ambassador to the US Pham Quang Vinh recently attended the 48th meeting of the Emergency Committee for American Trade (ECAT) in Washington DC.

Vietnam Ambassador pitches TPP in Washington DC
Binh Thuan thermo power plant expansion kicks off
Binh Thuan thermo power plant expansion kicks off

(VOV) -Construction of a US$2 billion expansion of the Vinh Tan Thermal Power Plant got underway on July 18 in Binh Thuan province.

Binh Thuan thermo power plant expansion kicks off
Vietnam attends Int’l Trade Expo in Paraguay
Vietnam attends Int’l Trade Expo in Paraguay

(VOV) -The Vietnam Trade Office in Argentina is working with Vietnamese entities to attend an international trade expo in Paraguay in hopes of enhancing trade and investment with the South American nation.

Vietnam attends Int’l Trade Expo in Paraguay
One-day visa eligible enough for foreign housing ownership in Vietnam
One-day visa eligible enough for foreign housing ownership in Vietnam

Foreigners and overseas Vietnamese are eligible for housing ownership in Vietnam immediately upon their arrival in the country, if they meet immigration requirements, an official from the Ministry of Construction said on July 17.

One-day visa eligible enough for foreign housing ownership in Vietnam
VASEP: Shrimp exports will bounce back
VASEP: Shrimp exports will bounce back

(VOV) - Vietnam shrimp exports in the six months leading up to July tumbled 29% year-on-year to US$1.20 billion in gross revenue on the back of very weak demand for farmed shrimp in the US and other key global markets.

VASEP: Shrimp exports will bounce back
Domestic