Seafood imports hit US$720 mln
Seafood imports hit US$720 mln

(VOV) - Vietnam’s total seafood import value has reached US$720 million over the past eight months, up 73% compared to the same period in 2013.

Seafood imports hit US$720 mln
New JV set up to exploit oil & gas in Russia
New JV set up to exploit oil & gas in Russia

(VOV) - PetroVietnam and Rosneft will establish a joint venture company to explore and exploit two oil wells at Pechora Sea, north-west of Russia, which have a combined geological reserve of 1 billion tonnes and a recoverable reserve of 200 million tonnes.

New JV set up to exploit oil & gas in Russia
Report predicts decline in finance, banking and insurance employment
Report predicts decline in finance, banking and insurance employment

The Third Vietnam Labour Market Update, a quarterly bulletin released on September 3, forecast a rise in the demand for skilled workers in the fields of mechanical production, food processing, electricity generation and distribution, communications, health services and social work in the last quarter of 2014.

Report predicts decline in finance, banking and insurance employment
Amata to pour US$530 mil into Vietnam
Amata to pour US$530 mil into Vietnam

(VOV) - Amata Vietnam JSC, a subsidiary of the Thai group Amata, will earmark US$530 million for a hi-tech park and urban area complex in the southern province of Dong Nai. 

Amata to pour US$530 mil into Vietnam
HSBC: Vietnam’s PMI drops for four straight months
HSBC: Vietnam’s PMI drops for four straight months

The Purchasing Managers’ Index (PMI) of Vietnam posted 50.3 in August, down from 51.7 in July and falling for the fourth consecutive month to signal the weakest improvement in business conditions since November 2013, said HSBC Vietnam and Markit Economics Limited.

HSBC: Vietnam’s PMI drops for four straight months
Vietnam climbs two notches in global competitiveness index
Vietnam climbs two notches in global competitiveness index

(VOV) - The World Economic Forum (WEF) released its Global competitiveness Report 2014-2015 on September 3 citing Vietnam as having improved by two notches, to 68thfrom last year’s 70th, in its global competitiveness ranking. 

Vietnam climbs two notches in global competitiveness index
SOEs maintain stable operations
SOEs maintain stable operations

For the last three years, most State-owned enterprises (SOEs) have had stable operations with acceptable profits, but capital withdrawal from their non-core businesses continues to be sluggish.

SOEs maintain stable operations
TPP success depends on respect for commitments
TPP success depends on respect for commitments

(VOV) - The latest round of Trans-Pacific Partnership (TPP) agreement negotiations are underway, running from September 1-10 in Hanoi, and negotiators expect major breakthroughs, paving the way for the signing of the landmark agreement. 

TPP success depends on respect for commitments
Overseas remittances to HCM City hit nearly US$2.8 billion
Overseas remittances to HCM City hit nearly US$2.8 billion

(VOV) -Overseas remittances to Ho Chi Minh City are estimated at US$ 2.75 billion during the first eight months of 2014, a year-on-year increase of 6.2%.

Overseas remittances to HCM City hit nearly US$2.8 billion
Vietnam attends APEC Energy Ministerial Meeting
Vietnam attends APEC Energy Ministerial Meeting

Deputy Minister of Industry and Trade Cao Quoc Hung delivered a speech at the 11th Asia-Pacific Economic Cooperation (APEC) Energy Ministerial Meeting held in Beijing, China, on September 2. 

Vietnam attends APEC Energy Ministerial Meeting
Japan’s growing appetite for restaurant and food sector
Japan’s growing appetite for restaurant and food sector

(VOV) - The restaurant and food industry in Vietnam is a delectable – hot and juicy spot for foreign investment and has been garnering the eye of large numbers of Japanese investors.

Japan’s growing appetite for restaurant and food sector
PM backs VAT exemption for animal feed
PM backs VAT exemption for animal feed

The Prime Minister is supporting the proposal of the Ministry of Finance to include animal feed in the list of products exempted from value added tax (VAT) payment.

PM backs VAT exemption for animal feed
Dong Nai continues to attract record levels of FDI
Dong Nai continues to attract record levels of FDI

(VOV) - Southern Dong Nai province has issued investment certificates for 103 Foreign Direct Investment (FDI) projects, valued at over US$922 million during the first eight months of the year.

Dong Nai continues to attract record levels of FDI
Vietnam attends BEXASIA expo in Singapore
Vietnam attends BEXASIA expo in Singapore

(VOV) - Representatives from nearly ten Vietnamese companies along with 10,000 participants of 400 firms from 35 countries around the world are attending the 7thBuild Eco Xpo (BEXASIA) taking place in Singapore from September 1-3.

Vietnam attends BEXASIA expo in Singapore
Shipping industry to be developed by 2020
Shipping industry to be developed by 2020

Prime Minister Nguyen Tan Dung recently approved a development plan for Vietnam’s shipping industry for 2020, with a vision for 2030, aiming to ease the transportation burden on roads. 

Shipping industry to be developed by 2020
Gas price reduced as of September 1
Gas price reduced as of September 1

(VOV) - As of September 1, gas retail prices in HCM City fell by VND7,000/12kg barrel compared to the current prices, offering the maximum retail price of gas to the city’s consumers at VND 377,000 VND/ 12kg canister.

Gas price reduced as of September 1
Entrepreneurs aim for vanguard role in integration
Entrepreneurs aim for vanguard role in integration

(VOV) -The Vietnam Young Entrepreneurs Association (VYEA) set new tasks at their fifth national congress in Hanoi on August 30-31, striving to take the lead in international integration.

Entrepreneurs aim for vanguard role in integration
Vietnam posts record trade surplus with Australia
Vietnam posts record trade surplus with Australia

(VOV) -Vietnamese exports to Australia picked up the pace for the first seven months of the year, jumping up 38.2% on-year to US$2.39 billion with aUS$1.22 billion trade surplus.

Vietnam posts record trade surplus with Australia
Vietsovpetro discovers new oil well offshore Vietnam
Vietsovpetro discovers new oil well offshore Vietnam

(VOV) - The Vietnam-Russia Oil and Gas Joint Venture Enterprise (Vietsovpetro) has announced it discovered oil from Oligocene sediments at Sturgeon well of Lot 09-3/12 off Vietnam’s continental shelf.

Vietsovpetro discovers new oil well offshore Vietnam
US imposes anti-dumping duty on VN steel pipe
US imposes anti-dumping duty on VN steel pipe

(VOV) - The US International Trade Commission (USITC) formally imposed anti-dumping duties on oil country tubular goods (OCTG) imported from a number of countries, including Vietnam, the Vietnam Competition Authority (VCA) has announced..

US imposes anti-dumping duty on VN steel pipe
Danang boosts cooperation with Germany
Danang boosts cooperation with Germany

(VOV) -Danang municipal People’s Committee Chairman Van Huu Chien paid a courtesy visit to Second Mayor Dr Dorothee Stapelfeldt of Hamburg on August 28 to discuss strengthening cultural exchange and cooperation between the two cities.

Danang boosts cooperation with Germany
Credit growth projected at 4.5% in first eight months
Credit growth projected at 4.5% in first eight months

Vietnam's credit is expected to grow by 4.5% and its deposits, by 8.21%, by late August, according to the State Bank of Vietnam.

Credit growth projected at 4.5% in first eight months
Seminar discusses ways to penetrate Russian market
Seminar discusses ways to penetrate Russian market

(VOV) - Boosting trade promotion and investment in the Russian market was the main theme of a seminar held in HCM City on August 29. 

Seminar discusses ways to penetrate Russian market
Labour challenges posited by TPP, EVFTA discussed
Labour challenges posited by TPP, EVFTA discussed

(VOV) - Employment and labourers’ income issues, especially the implementation of international labour standards, will pose significant challenges to Vietnam when the Trans-Pacific Partnership Agreement (TPP) and the Vietnam-EU Free Trade Agreement (EVFTA) come into effect.

Labour challenges posited by TPP, EVFTA discussed
Int’l community supports agricultural restructuring
Int’l community supports agricultural restructuring

(VOV) - Minister of Agriculture and Rural Development Cao Duc Phat on August 29 called for the support of international donors in creating a new momentum for rural development and restructuring the agricultural economy.

Int’l community supports agricultural restructuring
Japan imports 2,880 moon cakes from Lam Dong
Japan imports 2,880 moon cakes from Lam Dong

The Tuong Huy Co. Ltd. in the Central Highlands of Lam Dong has exported 2,880 moon cakes to Japan. 

Japan imports 2,880 moon cakes from Lam Dong
Vietnam - second most listed location for business expansion in ASEAN
Vietnam - second most listed location for business expansion in ASEAN

Vietnam is the second most listed location for business expansion in ASEAN, according to a survey results released on August 28 by the US Chamber of Commerce and the American Chamber of Commerce in Singapore (AmCham Singapore).

Vietnam - second most listed location for business expansion in ASEAN
Malaysian tycoons bent on cornering Vietnam market
Malaysian tycoons bent on cornering Vietnam market

(VOV) - Many Malaysian giants are pouring billions of US dollars into Vietnam’s profitable investment areas such as banking, retail and securities, hoping to take the lion’s share of the market.

Malaysian tycoons bent on cornering Vietnam market
RoK businesses updated on tax, customs policies
RoK businesses updated on tax, customs policies

(VOV) - Representatives from over 130 Republic of Korea (RoK) companies attended a dialogue with the Dong Nai Province Customs Department on August 28 to stay abreast of Vietnam’s tax and customs policies.

RoK businesses updated on tax, customs policies
HCM City hosts international advertising expo
HCM City hosts international advertising expo

The fifth International Advertising Equipment and Technology Exhibition, or VietAd 2014, opened at the Tan Binh Exhibition and Convention Centre in HCM City on August 28.

HCM City hosts international advertising expo
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