Vietnam’s tuna exports are expected to thrive in 2019 as several obstacles regarding origin certification have been removed, said the Vietnam Association of Seafood Exporters and Producers (VASEP).
Hanoi needs to use a different approach in order to attract and effectively use foreign direct investment (FDI), given new opportunities and challenges that are expected to pop up in the next 10 years, Deputy Prime Minister Vuong Dinh Hue said at a working session with municipal leaders on January 29.
Vietnamese consumer prices rose slightly in January on increased shopping demand as the Tet (Lunar New Year) holidays were approaching.
Vietnam’s woodwork industry benefits from ‘clean’ supply sources, not from illegally imported timber from Cambodia, experts have warned.
Being the deal’s co-founder, Vietnam has the rights to accept or refuse a third country joining the CPTPP, while future participants could not propose too many new clauses to the deal as they must accept existing conditions.
The Ministry of Industry and Trade has issued Circular No 03/2019/TT-BCT stipulating the certificates of origin (C/O) rules in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
Prime Minister Nguyen Xuan Phuc has approved a plan to implement the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
Standard Chartered Bank Vietnam on January 29 announced its arrangement for the Refrigeration Electrical Engineering Corporation (REE) to issue 2.31 trillion VND (100 million USD) in fixed rate bonds.
VOV.VN - The USD/VND inter-bank exchange rate stumbled below a so-called exchange rate threshold during the first trading session of the final week approaching Tet (Lunar New Year) holidays.
VOV.VN - The State Bank of Vietnam begins to rate credit institutions and foreign bank branches from 2019 onward under its newly-issued Circular No. 52/2018/TT-NHNN, as reported by vneconomy.vn.
Despite initial hiccups, most of Vietnam’s car firms are now complying with import rules that were tightened early last year, according to Deputy Prime Minister Trinh Dinh Dung.
VOV.VN - Imported fruit on sale at a big discount has been attracting large numbers of customers ahead of the Lunar New Year (Tet) festival.
Japan is set to lift 86 percent of the tariff lines for Vietnamese products in line with its commitments in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
Vietnamese consumers’ preferences for locally-made confectionaries, jams, and cookies, among others, have been on the rise for the upcoming Tet (Lunar New Year) festivities.
The Prime Minister approved the ‘Scheme of deploying, applying and managing the traceability system’ with the goal to build and operate a portal on national product and goods traceability by 2020.
Foreign direct investment (FDI) pledged in Vietnam witnessed a significant yearly increase of 52 per cent to US$1.9 billion in the first month of this year, according to the Ministry of Planning and Investment.
For people living through the period of the country’s centrally planned subsidized economy in the 1980s, a Thong Nhat bike meant a fortune.
Over the past decade, Vietnam has attracted a great deal of foreign direct investment into its industrial manufacturing and electronic sectors. Previously, overseas investors had complained about weaknesses in the country’s supporting industries, but recent changes have contributed to attracting fresh investment.
Vietnam’s real estate market will be shaped by five main trends in 2019 according to a JLL report: the mid-end and affordable apartment segment, flexible workspaces, technology companies in the office segment, e-commerce in logistics, and hotel lifestyle.
Though the government’s policies have contributed significantly to raising the interest of foreign investors in the Vietnamese real estate sector in recent years, experts suggested revisions are needed to make the market more attractive to the investors.
Domestic airlines have announced that there will be an additional 3,650 flights to 19 internal airports to meet the increasing travel demand during the Tet (Lunar New Year) festival 2019, lifting the total number flights for the holiday period to 28,500, up 8.7 percent year-on-year.
The State Bank of Vietnam (SBV) has set a target to stop cross-ownership among credit institutions (CIs) by the end of 2020.
Cinnamon Inc., a Japanese artificial intelligence (AI) start-up firm, which has a technology research centre in Vietnam, said on January 28 that it has successfully raised 15 million USD from investors to serve the expansion of its operation in the US.
The northern port city of Hai Phong should generally complete industrialisation and modernisation by 2025 and become a modern industrial city comparable to those in Southeast Asia by 2030, according to a recent resolution from the Politburo.
VOV.VN - Vietnam Expo 2019 is set to take place between April 10-13 at the International Exhibition Center in Hanoi, drawing businesses from 20 nations and territories around the world, according to Nguyen Khac Luan, general director of the Vietnam National Trade Fair & Advertising Company.
VOV.VN - Commercial banks are projected to maintain their momentum of profit growth during 2019, primarily driven by digital banking applications.
Enhancing product quality and optimising production cost would help domestic steel producers compete with the cheap products imported from China, Nguyen Van Sua, deputy president of the Vietnam Steel Association, said.
Hanoi’s consumer price index (CPI) in January grew 0.22 percent from the previous month and 3.92 percent year on year, according to the city’s Statistics Office.
VOV.VN - The Sai Gon Giai Phong (Liberated Sai Gon) newspaper hosted a ceremony in Ho Chi Minh City on January 27 to honor 27 most popular Vietnamese brand names in 2019 selected by its readers.
The State Bank of Vietnam adjusted the daily reference exchange rate on January 28 down sharply to 22,858 VND/USD, a reduction of 25 VND from the last working day of previous week (January 25).