Foreign investors eye Vietnam's textile industry ahead of free trade pact
Foreign investors eye Vietnam's textile industry ahead of free trade pact

Vietnam's textile industry has been seeing a strong flow of foreign investment over the first half of the year, a trend that many say is spurred by a trade treaty expected to be completed by this year-end.

Foreign investors eye Vietnam's textile industry ahead of free trade pact
IMF warns of huge financial hole as Greek vote looms
IMF warns of huge financial hole as Greek vote looms

The International Monetary Fund (IMF) delivered a stark warning on July 2 of the huge financial hole facing Greece as angry and uncertain voters prepare for a referendum that could decide their country's future in Europe.

IMF warns of huge financial hole as Greek vote looms
New policies for foreign homebuyers have no immediate impact on market
New policies for foreign homebuyers have no immediate impact on market

There will not be many foreign homebuyers who immediately jump into the Vietnamese market as soon as a new policy allowing them to do so takes effect, said an expert from US-owned realty consultant firm CBRE Vietnam.

New policies for foreign homebuyers have no immediate impact on market
Vietnam Airlines launches new-generation Airbus plane
Vietnam Airlines launches new-generation Airbus plane

The national flagship carrier Vietnam Airlines held a ceremony on July 2 to receive its first Airbus 350-900 aircraft and announce its upgrade service quality programme and new brand identifying system, marking a major step in bringing the airline into the international arena. 

Vietnam Airlines launches new-generation Airbus plane
Lao, Vietnamese companies send goods to Vientiane
Lao, Vietnamese companies send goods to Vientiane

Around 200 enterprises from Vietnam and Laos took place in the Vietnam-Laos Trade Fair which opened at the International Convention and Exhibition Centre in Laos’ capital city of Vientiane on July 2. 

Lao, Vietnamese companies send goods to Vientiane
Portal supporting foreign investors launches in HCM City
Portal supporting foreign investors launches in HCM City

An electronic portal called eRegulations, which aims to facilitate international investors’ access to information related to foreign investment procedures in Vietnam, was launched in Ho Chi Minh City on July 2. 

Portal supporting foreign investors launches in HCM City
Quang Ninh FDI rises to US$5.1 billion
Quang Ninh FDI rises to US$5.1 billion

North-eastern province Quang Ninh has attracted US$5.1 billion in foreign direct investment (FDI) through 104 projects so far, according to the provincial Department of Planning and Investment. 

Quang Ninh FDI rises to US$5.1 billion
Vietnamese firms should prepare for Vietnam-EAEU FTA
Vietnamese firms should prepare for Vietnam-EAEU FTA

Necessary preparations by domestic businesses for the free trade agreement (FTA) between Vietnam and the Eurasian Economic Union (EAEU) was the focus of discussions among experts at a workshop held in Ho Chi Minh City. 

Vietnamese firms should prepare for Vietnam-EAEU FTA
NCB wins two international banking awards
NCB wins two international banking awards

(VOV) - National Citizen Commercial Joint Stock Bank (NCB) has been honoured by the United Kingdoms Global Banking and Finance Review for “Most Innovative Retail Bank Vietnam 2015” and “Most Innovative Bank for Enterprise Culture Vietnam 2015”.

NCB wins two international banking awards
BIDV increases charter capital after MHB merger
BIDV increases charter capital after MHB merger

The bank for Development and Investment of Vietnam (BIDV) officially announced a 12% rise in its registered capital from VND28.11 trillion (US$1.30 billion) to VND31.48 trillion (US$1.44 billion). 

BIDV increases charter capital after MHB merger
Minister unveils solutions to boost agricultural growth
Minister unveils solutions to boost agricultural growth

The Ministry of Agriculture and Rural Development (MARD) will forge stronger agriculture production growth in the second half of this year through three major measures, stated minister Cao Duc Phat at a press conference in Hanoi on July 1.

Minister unveils solutions to boost agricultural growth
Vietnam depends on foreign fertiliser
Vietnam depends on foreign fertiliser

As a large agricultural producer, Vietnam has much demand for fertilisers and plant protection chemicals, offering much opportunity for companies in the field.

Vietnam depends on foreign fertiliser
Vietnam business given norms for operation
Vietnam business given norms for operation

The Ministry of Planning and Investment has publicised norms for 267 conditional business areas to help enterprises meet requirements under the revised Investment Law which takes effect from July 1.

Vietnam business given norms for operation
Cement consumption up 6% in six months
Cement consumption up 6% in six months

(VOV) - Vietnam’s cement consumption rose by 6% for the first half of this year to 34.16 million tonnes, meeting 47.4% of this year’s plan.

Cement consumption up 6% in six months
Vietnam, Argentina foster trade ties
Vietnam, Argentina foster trade ties

Vietnamese Ambassador to Argentina Nguyen Dinh Thao made a trip to Argentinian Central province from June 30 - July 2 to promote trade between the two countries. 

Vietnam, Argentina foster trade ties
Remittances to HCM City surge high
Remittances to HCM City surge high

(VOV) - Remittances from overseas Vietnamese to HCM City for the first half of this year are estimated to hit US$2.6 billion, 18.2% higher than the level recorded during last year’s period.

Remittances to HCM City surge high
Ministry looks to short-term G-bonds
Ministry looks to short-term G-bonds

The Ministry of Finance plans to ask the National Assembly for permission to focus on the issue of five-year Government bonds instead of those with longer terms as originally planned.

Ministry looks to short-term G-bonds
City sees 16,500 condos sold in H1
City sees 16,500 condos sold in H1

A staggering 16,500 apartments in HCMC were sold in the first half of this year, reports of CBRE Vietnam show.

City sees 16,500 condos sold in H1
Investment Promotion Conference consolidates US investors’ confidence
Investment Promotion Conference consolidates US investors’ confidence

(VOV) -An investment promotion conference themed “My Vietnam - your investment destination” is taking place in New York City, the US from July 1- 5 with the purpose of strengthening US investors’ confidence in development potential for the Vietnam market.

Investment Promotion Conference consolidates US investors’ confidence
Vietnam’s industrial production index rises 9.6%
Vietnam’s industrial production index rises 9.6%

Vietnam’s index of industrial production grew by 9.6% from the same period last year in the first two quarters of the year, announced the Ministry of Industry and Trade.

Vietnam’s industrial production index rises 9.6%
US$1.3 billion in ODA mobilised for power development
US$1.3 billion in ODA mobilised for power development

The National Power Transmission Corporation has mobilised VND70.65 trillion (US$3.36 billion), including US$1.3 billion of official development assistance (ODA), in the past five years for its power projects. 

US$1.3 billion in ODA mobilised for power development
First company offers apartments for sale to foreigners
First company offers apartments for sale to foreigners

Novaland Group launched a programme called “the 100 first apartments for Vietnamese overseas and foreigners” on July 1, the day the revised Law on Housing takes effect. 

First company offers apartments for sale to foreigners
Fresh Lychee sales soar sky high in Sydney
Fresh Lychee sales soar sky high in Sydney

(VOV) -The Vietnam Trade Office in collaboration with the Vietnamese Business Association in Australia is having a lot of success giving lychee a fresh image in Australia.

Fresh Lychee sales soar sky high in Sydney
Vinamilk seeks less State ownership
Vinamilk seeks less State ownership

Vietnam Dairy Joint Stock Company (Vinamilk) wants to reduce State owner-ship in enterprises after equitisation to create conditions to increase their self-management and competitiveness for further development.

Vinamilk seeks less State ownership
Vietnam Airlines receives first A350 XWB
Vietnam Airlines receives first A350 XWB

Vietnam Airlines received its first Airbus A350 XWB in a handover ceremony held in the French city of Toulouse on June 30.

Vietnam Airlines receives first A350 XWB
Quang Binh seeks US$1 billion for 35 projects
Quang Binh seeks US$1 billion for 35 projects

Central province Quang Binh will call for investments worth VND23.4 trillion (US$1.08 billion) in 35 key projects in the commerce and tourism sectors at an investment promotion conference in August.

Quang Binh seeks US$1 billion for 35 projects
Easier foreign ownership not likely to revive property market
Easier foreign ownership not likely to revive property market

(VOV) - Vietnam’s revised Housing Law officially came into effect on July 1, which allows Overseas Vietnamese (OVs) and other foreigners to acquire an ownership interest in real estate in Vietnam. 

Easier foreign ownership not likely to revive property market
Vietnam, Germany seek to boost trade
Vietnam, Germany seek to boost trade

Measures to boost trade between Vietnam and Germany were discussed during a Vietnam Fatherland Front delegation’s working visit to Germany by that ended on June 30.

Vietnam, Germany seek to boost trade
US$1.2-billion project approved in HCM City
US$1.2-billion project approved in HCM City

The Ho Chi Minh City People’s Committee granted an investment licence to the Empire City project worth US$1.2 billion inside the city’s Thu Thiem urban zone on June 30.

US$1.2-billion project approved in HCM City
WB supports agriculture, education reforms in Vietnam
WB supports agriculture, education reforms in Vietnam

(VOV) - The World Bank (WB)’s Board of Executive Directors approved US$315million in two credits for Vietnam to support the government’s agriculture restructuring plan and help with the revision of a new education curriculum. 

WB supports agriculture, education reforms in Vietnam
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