Ca Mau licenses nine additional foreign aided NGO projects
Ca Mau licenses nine additional foreign aided NGO projects

(VOV) - The People’s Committee of southern Ca Mau province has issued nine additional investment certificates for foreign aided non-governmental organisations (NGOs) projects with investment capital of over US$2 billion.

Ca Mau licenses nine additional foreign aided NGO projects
HCM City to tighten energy labeling rules
HCM City to tighten energy labeling rules

Inspectors from the Ho Chi Minh City Department of Industry and Trade and market control officials have plans to levy administrative fines on manufacturers and importers of home appliances and industrial devices that fail to meet energy labeling requirements, according to the Saigon Times Daily.

HCM City to tighten energy labeling rules
HCM City sees smallest monthly CPI gain
HCM City sees smallest monthly CPI gain

Ho Chi Minh City saw the smallest increase in its consumer price index (CPI) in July when it expanded by only 0.12 percent from June, said the municipal Statistical Office on July 22. 

HCM City sees smallest monthly CPI gain
Mekong Delta targets US$2.6 bln in shrimp exports
Mekong Delta targets US$2.6 bln in shrimp exports

Exporters from the Mekong Delta are striving to rake in US$1.3 billion from selling shrimp abroad in the latter half of this year, bringing the year’s export earnings from the product to US$2.6 billion, or an annual rise of 2.2 percent.

Mekong Delta targets US$2.6 bln in shrimp exports
Olmix to build a factory in Binh Duong
Olmix to build a factory in Binh Duong

(VOV) -France-based Olmix Group plans to invest EUR5 million in building a factory at the Song Than 2 Industrial Park in the southern province of Binh Duong to produce nutritional products for animals and plants.

Olmix to build a factory in Binh Duong
Burdensome customs requirements cost US$37 billion annually
Burdensome customs requirements cost US$37 billion annually

(VOV) - Cumbersome and complicated import-export procedures cost firms doing business in Vietnam an estimated US$37 billion annually.

Burdensome customs requirements cost US$37 billion annually
Japanese SMEs keen to invest in Vietnam
Japanese SMEs keen to invest in Vietnam

(VOV) - With the Government’s open door policy, stable political environment and vast economic potential, many Japanese small-and medium-sized enterprises (SMEs) find Vietnam an attractive destination for business in Southeast Asia.

Japanese SMEs keen to invest in Vietnam
Vietnam bank to provide services in Myanmar
Vietnam bank to provide services in Myanmar

(VOV) - The Central Bank of Myanmar (CBM) has authorised 25 foreign banks, including one from Vietnam, to offer a wide range of domestic and cross-border collection and payment services to foreign investors in Myanmar.

Vietnam bank to provide services in Myanmar
Gov't greenlights auto industry plan
Gov't greenlights auto industry plan

The Government has approved a new development strategy for the auto industry to enable it to meet domestic demand and join world production.

Gov't greenlights auto industry plan
Support industry needs policy support
Support industry needs policy support

Better policies are needed to improve the capacity of support-industry companies, particularly electronics firms, said Deputy Minister of Industry and Trade Cao Quoc Hung.

Support industry needs policy support
World Bank finance project benefits rural regions of Vietnam
World Bank finance project benefits rural regions of Vietnam

Vietnam is the most successful country to deploy the rural finance project and is seen as a development model by financial institutions and donors.

World Bank finance project benefits rural regions of Vietnam
French businesses keen on HCM City infrastructure investment
French businesses keen on HCM City infrastructure investment

(VOV) - A senior French official said she will encourage French businesses to invest in large infrastructure construction projects in HCM City, including metro routes, water drainage systems and Long Thanh airport.

French businesses keen on HCM City infrastructure investment
Japan builds 180 composite fishing boats for Vietnam
Japan builds 180 composite fishing boats for Vietnam

(VOV) -Japan’s Yanmar Company is implementing a pilot project to supply 180 composite vessels to Vietnamese fishermen to help them increase tuna yield and quality.

Japan builds 180 composite fishing boats for Vietnam
HCM City, Japan sign a metro contract
HCM City, Japan sign a metro contract

(VOV) -The Ho Chi Minh City Management Authority for Urban Railways and Japanese consortium contractor Shimizu-Meada on July 21 signed a contract (bidding package 1B) to build two metro stations in HCM City.

HCM City, Japan sign a metro contract
Hanoi’s CPI increases by 0.18% in July
Hanoi’s CPI increases by 0.18% in July

(VOV) -The Consumer Price Index (CPI) in Hanoi for July accelerated 0.18% over the previous month and 6.39% over the same period last year, according to the Municipal Statistics Office.

Hanoi’s CPI increases by 0.18% in July
Trade surplus with Australia reaches US$924 million
Trade surplus with Australia reaches US$924 million

(VOV) -Two-way trade between Vietnam and Australia in the first six months of the year peaked at over US$2.86 billion, resulting in a trade surplus of US$924 million, according to Vietnam Customs statistics.

Trade surplus with Australia reaches US$924 million
Vietnam, Venezuela localities boost economic cooperation
Vietnam, Venezuela localities boost economic cooperation

(VOV) - A Ho Chi Minh City business delegation recently paid a five-day visit to Venezuela, where they sought cooperation opportunities and shared experience in urban development and management.

Vietnam, Venezuela localities boost economic cooperation
Marks & Spencer to open HCMC outlet this summer
Marks & Spencer to open HCMC outlet this summer

(VOV) -Marks & Spencer (M&S), the iconic British retailer, has unveiled its plan to open a new flagship store at the Vincom Center Dong Khoi in Ho Chi Minh City this summer.

Marks & Spencer to open HCMC outlet this summer
US companies pounce on investment opportunities in Vietnam
US companies pounce on investment opportunities in Vietnam

There have been fresh investments from the US into Vietnam, said Do Nhat Hoang, Director of the Foreign Investment Agency under the Ministry of Planning and Investment.

US companies pounce on investment opportunities in Vietnam
Seafood exports encounter numerous barriers
Seafood exports encounter numerous barriers

(VOV) -Vietnamese seafood exporters are facing innumerable difficulties as overseas markets are imposing a variety of trade barriers and challenges, including levying anti-dumping tariffs on imports from Vietnam.

Seafood exports encounter numerous barriers
Bad debt settlement still an uphill battle
Bad debt settlement still an uphill battle

(VOV) - The rate of nonperforming loans (NPLs) in Vietnamese commercial banks rose in the first half of the year from 3.61% in late 2013 to 4.84% in late June 2014, and the State Bank of Vietnam (SBV) reports total bad debts stand at VND240,000 billion.

Bad debt settlement still an uphill battle
Three billion-dollar projects to take shape in Hanoi this year
Three billion-dollar projects to take shape in Hanoi this year

(VOV) - Contractors are stepping up construction work on three infrastructure projects worth billions of US dollars in capital Hanoi to ensure they will be put into operation late this year.

Three billion-dollar projects to take shape in Hanoi this year
Ninh Thuan wine festival attracts thousands of visitors
Ninh Thuan wine festival attracts thousands of visitors

(VOV) - More than 50,000 visitors attended the international grape and wine festival which was wrapped up in Ninh Thuan province on July 19, according to statistics released by the organizing board. 

Ninh Thuan wine festival attracts thousands of visitors
Wood businesses losing on home turf
Wood businesses losing on home turf

(VOV) - Vietnam is the sixth largest wood and wooden product exporter in the world and the second largest in Asia, yet the domestic wood processing sector is injured by low-priced, skillfully crafted imports.   

Wood businesses losing on home turf
Chinese farm produce floods Vietnam market
Chinese farm produce floods Vietnam market

(VOV) -Massive quantities of Chinese agricultural products are routinely smuggled into the Vietnamese market, despite repeated warnings of pesticide residues.

Chinese farm produce floods Vietnam market
Starbucks to launch three stores in Hanoi
Starbucks to launch three stores in Hanoi

(VOV) - Starbucks, the world’s largest coffee company, has announced plans to open three new cafes in Hanoi over the next year targeting young people and foreign tourists.

Starbucks to launch three stores in Hanoi
Japan resumes ODA to Vietnam
Japan resumes ODA to Vietnam

(VOV) - The Japanese government has resumed official development assistance (ODA) to Vietnam after a brief suspension over a graft scandal involving the Japan Transportation Consultants Inc. (JTC).

Japan resumes ODA to Vietnam
Vietnamese products faked overseas
Vietnamese products faked overseas

(VOV) -More than 60% of “Made-in-Vietnam” products manufactured abroad and imported back into Vietnam are either pirated or counterfeit.

Vietnamese products faked overseas
Ben Luc-Long Thanh highway construction starts in HCM City
Ben Luc-Long Thanh highway construction starts in HCM City

(VOV) - Prime Minister Nguyen Tan Dung on July 19 attended a ground-breaking ceremony of Ben Luc-Long Thanh highway (bidding package J2) in Can Gio district, HCM City.

Ben Luc-Long Thanh highway construction starts in HCM City
Buon Ma Thuot coffee registers geographical indication in EU
Buon Ma Thuot coffee registers geographical indication in EU

(VOV) -The Central Highland province of Dak Lak will register for European Union recognition of the geographical indication (GI) for its Buon Ma Thuot coffee to protect the brand in this large, lucrative market.

Buon Ma Thuot coffee registers geographical indication in EU
Domestic