Stabilizing the macro-economy
Stabilizing the macro-economy

(VOV) -The government’s monthly meeting for March reported that in the first 3 months of this year, Vietnam’s GDP grew 6.03%, the highest rate of growth in 5 years. 

Stabilizing the macro-economy
Housing projects attract more foreign investments
Housing projects attract more foreign investments

Foreign investors have recently poured more money into housing projects, instead of tourism estates, in Vietnam and they have had more confidence in the property market as well at a time when the revised real estate law is about to take effect.

Housing projects attract more foreign investments
Vietnam licenses genetically modified corn amid scientists’ concerns
Vietnam licenses genetically modified corn amid scientists’ concerns

While local consumers and scientists are concerned about the commercialization of genetically modified corn in Vietnam, two companies have received the most important nod to distribute the maize in the country.

Vietnam licenses genetically modified corn amid scientists’ concerns
E-customs system benefits businesses
E-customs system benefits businesses

After one year of application, the Vietnam Automated Cargo and Port Consolidated System/Vietnam Customs Information System (VNACCS/VCIS) has greatly benefited enterprises, especially in saving time for customs clearance, reported the Vietnam Customs.

E-customs system benefits businesses
New customs policies introduced to Japanese firms
New customs policies introduced to Japanese firms

Japanese businesses were updated on Vietnam’s new taxation and customs policies at a dialogue held in southern Binh Duong province on April 3, which is expected to smooth the way for their operations.

New customs policies introduced to Japanese firms
Brazil lifts import ban on Vietnamese seafood
Brazil lifts import ban on Vietnamese seafood

The Brazilian Ministry of Agriculture, Livestock and Food Supply (MAPA) has lifted the import ban on Vietnamese tra fish, said the Ministry of Agriculture and Rural Development’s Department of Animal Health (DAH). 

Brazil lifts import ban on Vietnamese seafood
WB debars US firm for alleged corrupt payments in Vietnam
WB debars US firm for alleged corrupt payments in Vietnam

The World Bank has debarred American architectural and engineering design firm Louis Berger Group, Inc. (LBG) for one year for allegedly bribing government officials under two WB-financed projects worth around US$500 million in Vietnam.

WB debars US firm for alleged corrupt payments in Vietnam
Vietnam may offer 100 percent foreign ownership ratio
Vietnam may offer 100 percent foreign ownership ratio

The ceiling foreign ownership ratio may be up to 100% instead of 60% as initially planned, sources said. If this comes true, this will be a breakthrough in the policy makers’ thinking.

Vietnam may offer 100 percent foreign ownership ratio
Vietnam’s tuna exports poised for a comeback
Vietnam’s tuna exports poised for a comeback

(VOV) - The popularity of tuna for sushi and sashimi – thinly sliced raw meat or fish, like tuna or salmon – has caused global stocks of tuna to decline and prices to soar.

Vietnam’s tuna exports poised for a comeback
Sacombank receives American Wells Fargo award
Sacombank receives American Wells Fargo award

The Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) has been named a good growth bank in commercial sponsorship activities by the American bank Wells Fargo.

Sacombank receives American Wells Fargo award
Exports to tackle more challenges this year
Exports to tackle more challenges this year

(VOV) - The country’s exports in the first quarter of this year grew by 6.9% to US$35.7 billion against the same period of last year. 

Exports to tackle more challenges this year
Thailand wants to open auto powerhouse in Vietnam
Thailand wants to open auto powerhouse in Vietnam

(VOV) - The automotive industries of Vietnam and Thailand should cooperate for common development rather than competing each others, said President of Thailand Automotive Institute (TAI), Vichai Jirathiyut during the talks in HCM City on April 2. 

Thailand wants to open auto powerhouse in Vietnam
 Vietnam to outpace most of the world in creating new rich families: study
Vietnam to outpace most of the world in creating new rich families: study

The number of Vietnam’s rich households with financial assets of US$100,000 to US$2 million is expected to reach 347,000 by 2020, a study shows.

 Vietnam to outpace most of the world in creating new rich families: study
Property market generates new foreign interest
Property market generates new foreign interest

Korean giant Lotte, after inaugurating last September Lotte Center Hanoi, a mixed-use development with offices, a shopping mall, hotels, and apartments, is now eyeing a similar project in Ho Chi Minh City.

Property market generates new foreign interest
Steering committee to oversee farm exports
Steering committee to oversee farm exports

Worried about a significant drop in agricultural exports, the Ministry of Agriculture and Rural Development (MARD) has decided to establish a steering committee that will gather information on problems faced by traders and identify possible solutions.

Steering committee to oversee farm exports
Accelerated customs clearance requires coordinated efforts
Accelerated customs clearance requires coordinated efforts

Closer coordination between customs and agencies concerned is required to enable speedier customs clearance, shared participants of a teleconference in Hanoi on April 2. 

Accelerated customs clearance requires coordinated efforts
Expansion of ASEAN credit transfer system discussed
Expansion of ASEAN credit transfer system discussed

Representatives from over 25 member universities of the ASEAN University Network (AUN) gathered at the annual Steering Committee Meeting of the ASEAN Credit Transfer System (ACTS) in Hanoi on April 1-2.

Expansion of ASEAN credit transfer system discussed
Japanese banks finance Vietnamese power plant
Japanese banks finance Vietnamese power plant

Eleven Japanese banks, including Mitsui Sumitomo Banking Corp and Japan Bank for International Cooperation (JBIC), will provide a JPY81 billion (US$680 million) loan for the Electricity of Vietnam (EVN) to build a thermal power plant.

Japanese banks finance Vietnamese power plant
Vietnam raises the bar for national competiveness
Vietnam raises the bar for national competiveness

(VOV) -The National Assembly recently passed and the Prime Minister signed into law a new resolution outlining major tasks and solutions for improving the business environment and national competitiveness over the next two years.

Vietnam raises the bar for national competiveness
Ho Chi Minh City exhibitors head to Cambodia
Ho Chi Minh City exhibitors head to Cambodia

Nearly 50 exhibitors from Ho Chi Minh City are showcasing their products at the Vietnam-Cambodia Trade-Service-Tourism Exhibition 2015 (Ho Chi Minh City Expo 2015) in Battambang city, 300km to the northwest of Cambodia.

Ho Chi Minh City exhibitors head to Cambodia
HD SAISON Finance makes its debut
HD SAISON Finance makes its debut

(VOV) - HDBank and Japan’s Credit Saison have finalized capital contribution formalities for a strategic cooperative plan to promote the retail and financial sector in Vietnam towards stronger socio-economic development. 

HD SAISON Finance makes its debut
Vietnam to be Asia's new manufacturing powerhouse
Vietnam to be Asia's new manufacturing powerhouse

If you thought Asia's manufacturing giants are just China, the Republic of Korea and Thailand, say hello to a new one: Vietnam.

Vietnam to be Asia's new manufacturing powerhouse
Vietnam's per capital GDP ranks 7th in ASEAN region
Vietnam's per capital GDP ranks 7th in ASEAN region

Vietnam’s per capital GDP reached US$1,908 a year in 2013, ranking it seventh in the 10-member ASEAN region, according to the General Statistics Office (GSO).

Vietnam's per capital GDP ranks 7th in ASEAN region
Vietnam to benefit from new wave of Japanese investment
Vietnam to benefit from new wave of Japanese investment

Many Japanese companies are expected to promote foreign investment. Vietnam is capable of receiving a new wave of investment from Japan.

Vietnam to benefit from new wave of Japanese investment
SBV's forex policy must adjust to account for all industries' needs
SBV's forex policy must adjust to account for all industries' needs

The State Bank of Viet Nam (SBV)'s foreign exchange policy will be based on macroeconomic management and harmonised with the benefits of all industries and sectors, and not exports alone.

SBV's forex policy must adjust to account for all industries' needs
Workshop highlights investment opportunities in ASEAN
Workshop highlights investment opportunities in ASEAN

The Singapore-based Maybank Kim Eng held a workshop in the country on March 31-April 1 to highlight business opportunities in ASEAN in 2015 and onwards. 

Workshop highlights investment opportunities in ASEAN
Vietnam continues to be Japan's largest ODA partner
Vietnam continues to be Japan's largest ODA partner

The Japan International Cooperation Agency (JICA) will maintain close coordination with the Vietnamese Government as the biggest official development assistance (ODA) partner of Japan, according to JICA Representative Chief Mori Mutsuya. 

Vietnam continues to be Japan's largest ODA partner
PM requests sustaining macro-economic stability
PM requests sustaining macro-economic stability

Prime Minister Nguyen Tan Dung requested continued efforts to sustain macro-economic stability during the government’s monthly meeting in Hanoi on April 1. 

PM requests sustaining macro-economic stability
True Milk opens US$1 billion plant in Moscow
True Milk opens US$1 billion plant in Moscow

Vietnamese dairy firm TH True Milk opened a US$1-billion dairy in a Moscow suburb, Vietnamese Ambassador to Russia, Nguyen Thanh Son, said March 31.

True Milk opens US$1 billion plant in Moscow
Campaign to lift intellectual property rights
Campaign to lift intellectual property rights

The Ministry of Science and Technology launched a month-long campaign yesterday to commemorate the World Intellectual Property Day (April 26) with the support of the Software Alliance (BSA).

Campaign to lift intellectual property rights
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