Vietnam to join new market region
Vietnam to join new market region

Vietnam will be able to access a huge market of 3.4 billion people when it joins the Regional Comprehensive Economic Partnership (RCEP).

Vietnam to join new market region
Vingroup inks strategic partnership with world's eight leading groups
Vingroup inks strategic partnership with world's eight leading groups

Vingroup has signed strategic partnership agreements in project design, consultancy and management with the world's eight leading engineering and construction groups on July 17.

Vingroup inks strategic partnership with world's eight leading groups
SBV interest rate management benefits businesses
SBV interest rate management benefits businesses

The State Bank of Vietnam (SBV) has flexibly managed the interest rate policy to suit the market and currency exchange demand and support businesses, stated SBV Deputy Governor Nguyen Thi Hong.

SBV interest rate management benefits businesses
State budget collection to reach 20% of GDP
State budget collection to reach 20% of GDP

State budget collection for the next five years is expected to make up 20%-21% of the GDP, Deputy Minister of Finance Do Hoang Anh Tuan said at a meeting of the Ministry’s Party Committee on July 17.

State budget collection to reach 20% of GDP
Thailand, Vietnam target US$20 billion in trade volume
Thailand, Vietnam target US$20 billion in trade volume

(VOV) -The Vietnam-Thailand joint committee on bilateral trade will meet in Bangkok on July 20 to discuss ways to boost agricultural trade.

Thailand, Vietnam target US$20 billion in trade volume
Pacific Rim nations drive growth in Vietnam textiles
Pacific Rim nations drive growth in Vietnam textiles

(VOV) - Vietnam’s clothing and textile exports to the 12 Pacific Rim countries currently negotiating the Trans Pacific Partnership (TPP) agreement have thrived in the five months leading up to June, spiking nearly 70% against last year’s corresponding period. 

Pacific Rim nations drive growth in Vietnam textiles
Australia grabs Vietnam cattle market by the horns
Australia grabs Vietnam cattle market by the horns

(VOV) - Traditionally, cattle were not reared for their meat in Vietnam but were principally draught animals, culled and used for food at the end of their useful working lives.

Australia grabs Vietnam cattle market by the horns
Experts highlight need to increase information on integration
Experts highlight need to increase information on integration

Government officials and economic experts came together for a conference in Ho Chi Minh City on July 16 to share their opinions on a plan to increase the dissemination of information about international economic integration. 

Experts highlight need to increase information on integration
Business policy overhauls lead to positive outcomes
Business policy overhauls lead to positive outcomes

A string of recent moves to reform mechanisms and tax and customs policies have resulted in encouraging outcomes, evidenced by a number of improved business indexes.

Business policy overhauls lead to positive outcomes
Vietnam urged to improve sugar industry’s competiveness edge
Vietnam urged to improve sugar industry’s competiveness edge

An international conference was held in the central coastal province of Khanh Hoa on July 16 to discuss measures to improve the Vietnamese sugar industry’s competitiveness competency as Vietnam and neighbouring countries are speeding up the regional integration process. 

Vietnam urged to improve sugar industry’s competiveness edge
More efforts needed to increase use of local goods
More efforts needed to increase use of local goods

Despite consumers increasingly placing their trust in products made in Vietnam, a number of barriers are holding local products back on the domestic market, heard a seminar in Ho Chi Minh City on July 16. 

More efforts needed to increase use of local goods
HCM City to host green energy exhibitions
HCM City to host green energy exhibitions

(VOV) - The eighth Vietnam International Electrical Technology and Equipment Exhibition (Vietnam ETE) and the fifth International Exhibition on Power Saving Products and Green Energies (Enertec Expo) will take place at Tan Binh Exhibition Centre in Ho Chi Minh city from July 22-25.

HCM City to host green energy exhibitions
Additional 20 FDI projects land in Haiphong
Additional 20 FDI projects land in Haiphong

The northern port city of Haiphong granted investment certificates to 20 foreign direct investment (FDI) projects worth US$240.67 million in industrial zones and economic zones in the first six months of the year.

Additional 20 FDI projects land in Haiphong
SMEs advised to adopt long-term growth plans
SMEs advised to adopt long-term growth plans

Small and medium sized enterprises (SMEs) should develop long-term strategies, renew technology and equipment and management, President Truong Tan Sang said at a meeting with outstanding businesspeople in Hanoi on July 16.

SMEs advised to adopt long-term growth plans
Vietnam’s basa fish becomes well-known thanks to lawsuits
Vietnam’s basa fish becomes well-known thanks to lawsuits

Vietnam had to overcome serious difficulties in the thorny path to bring basa or catfish (Pangasius bocourti), to the US about 10 years ago. 

Vietnam’s basa fish becomes well-known thanks to lawsuits
Brewery, state auditors at loggerheads over US$18mn in tax arrears
Brewery, state auditors at loggerheads over US$18mn in tax arrears

Taxpaying is apparently not all beer and skittles for Sabeco, as Vietnam’s largest brewery is in dispute with state auditors over a huge amount of tax arrears that the company has repeatedly claimed was unreasonably calculated.

Brewery, state auditors at loggerheads over US$18mn in tax arrears
PetroVietnam plans to produce 16.8 mln tons of crude oil this year
PetroVietnam plans to produce 16.8 mln tons of crude oil this year

Vietnam Oil and Gas Group, better known as PetroVietnam, has announced that it planned to produce 8.37 million metric tons of crude oil in the second half of the year, local media reported.

PetroVietnam plans to produce 16.8 mln tons of crude oil this year
Lam Dong’s Oolong tea meets int’l standards
Lam Dong’s Oolong tea meets int’l standards

(VOV) - A recent inspection acknowledged that all kinds of Lam Dong’s Oolong tea exported to Taiwan meet quality standards.

Lam Dong’s Oolong tea meets int’l standards
Freight transport moves to e-commerce
Freight transport moves to e-commerce

A transport e-commerce market place that enables all major stakeholders in the freight transport business to easily link up is expected to be begin its initial operating period in 2016.

Freight transport moves to e-commerce
Google appoints new marketing director for Vietnam
Google appoints new marketing director for Vietnam

Google has appointed Nguyen Phuong Anh the new marketing head for Vietnam, the American multinational technology company said in an announcement recently.

Google appoints new marketing director for Vietnam
Looming FTAs drive cotton rush
Looming FTAs drive cotton rush

Several domestic and foreign-invested cotton projects are rushing to begin operating in anticipation of competing across borders after Free Trade Agreements (FTAs) go into affect.

Looming FTAs drive cotton rush
Dollar forecast to rise against dong
Dollar forecast to rise against dong

The value of the US dollar against the dong will increase at least 3 per cent this year, the Vietcombank Securities Co (VCBS) has forecast.

Dollar forecast to rise against dong
Nghi Son refinery complex to double its capacity
Nghi Son refinery complex to double its capacity

Nghi Son Refinery and Petrochemical Limited Liability Company (NSRP) is considering doubling the capacity of its refinery complex, scheduled to start operations in July 2017, to 400,000 barrels per day (bpd) to meet growing domestic demand, said NSRP General Director Kazutoshi Shimmura. 

Nghi Son refinery complex to double its capacity
SeABank wins dual international awards
SeABank wins dual international awards

The Southeast Asia Joint Stock Commercial Bank (SeABank) has been deemed the “Best Corporate Services Bank” in Vietnam for 2015 by the UK-based International Finance Magazine (IFM), the Lao Dong Newspaper reported on July 16.

SeABank wins dual international awards
203 mln tonnes of cargo pass through sea ports in 6 months
203 mln tonnes of cargo pass through sea ports in 6 months

Over 203 million tonnes of goods passed through sea ports nationwide in the first half of this year, reaching 57.8% of the set plan for the year and representing a year-on-year increase of 10.43%. 

203 mln tonnes of cargo pass through sea ports in 6 months
After China woes, Vietnam's litchi farmers head to new markets
After China woes, Vietnam's litchi farmers head to new markets

A bevy of workers are carefully sorting and grading an enormous pile of litchis at a packing house in northern Vietnam. The best of the bunch will go to China.

After China woes, Vietnam's litchi farmers head to new markets
HCM City to host M&A Vietnam Forum 2015
HCM City to host M&A Vietnam Forum 2015

(VOV) - Mergers and Acquisitions (M&A) Vietnam Forum 2015 organising board announced at a July 16 press conference that the event is scheduled to take place on  August 6.  

HCM City to host M&A Vietnam Forum 2015
California keen to foster links with HCM City
California keen to foster links with HCM City

California wishes to forge comprehensive links with Ho Chi Minh City on the basis of the increasing relations between Vietnam and the US, Governor of California Edmund Jerry Brown stated during his reception for the Secretary of HCM City’s Party Committee Le Thanh Hai in Oakland on July 14 (US time). 

California keen to foster links with HCM City
Plastic exports to Europe slump amid six-month euro slowdown
Plastic exports to Europe slump amid six-month euro slowdown

Plastic exports to the European market have felt the effects of the continuous decline of the euro over the past six months.

Plastic exports to Europe slump amid six-month euro slowdown
Businesses need to prep for ASEAN integration
Businesses need to prep for ASEAN integration

Vietnamese businesses should be well prepared emotionally and physically to tap opportunities from the ASEAN Trade in Goods Agreement (ATIGA), experts said at a dialogue on July 16.

Businesses need to prep for ASEAN integration
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