Foreign investors registered to pour 1.73 billion USD into Vietnam in June, bringing the total amount of foreign direct investment (FDI) committed to the country in the first six months of the year to 18.47 billion USD, down 9.2 percent year on year.
According a Nikkei Asian Review report, Vietnam is among the most likely destinations for Apple to restructure its supply chain in.
Representatives from the Trade Promotion Agency under the Ministry of Industry and Trade of Vietnam and South Africa’s Department of Trade and Industry met on June 25 to discuss ways to boost trade cooperation between the two countries.
VOV.VN - The European Union - Vietnam Free Trade Agreement, poised to be signed on June 30, would leverage Vietnam to build new value chains with the EU, one of the world’s leading economic powers, Minister of Industry and Trade Tran Tuan Anh has stated.
VOV.VN - With a jump to 129 percentage points in Consumer Confidence Index, Vietnam once again hit the record high and surpassed Indonesia to rank 3rd in the world for having the most positive consumers during the first quarter of 2019, just after the Philippines and India.
British businesspeople have said Vietnam is an attractive investment destination, as well as being a top tourist spot.
President of the European Commission (EC) Jean-Claude Juncker said on June 25 that he welcomed the decision of the EU member states on approving to entrust the EC to sign the EU-Vietnam Free Trade Agreement and the EU-Vietnam Investment Protection Agreement (EVIPA) with the Southeast Asian country.
The finding that Grab’s acquisition of Uber’s Vietnam operations did not violate antitrust laws has bucked the general trend.
Buying electricity directly from private companies running renewable energy power plants, and not through Electricity of Vietnam (EVN), is being considered.
The central city of Danang has seen an oversupply of rooms, particularly hotels of from one to three stars.
Bamboo Airways will start building an aviation academy this year to improve its human resource management.
Vietnamese exporters have been urged to prepare for any trade-related lawsuits and disputes arising from the escalating US-China trade war amid concerns that the two major powers will not reach an agreement at a meeting in Japan this month.
The mid-term Vietnam Business Forum (VBF) 2019 will highlight the role of the business community in rapid and sustainable development, heard a press conference in Hanoi on June 25.
Viet Nam has been moving towards building a sustainable wood processing industry that uses legal materials in accordance with international and Vietnamese law as well as regulations of major export markets like the US, EU and Japan.
The number of fintech companies have increased rapidly in Vietnam in recent years as the industry has high growth potential while the government encourages cashless transactions.
The European Council announced on June 25 that it has approved the European Union – Vietnam Free Trade Agreement (EVFTA) and the EU – Vietnam Investment Protection Agreement (EVIPA), and assigned the EU to sign the deals with Vietnam on June 30 in Hanoi.
VOV.VN - The Hoa Hoi solar power plant located in Phu Hoa district of the south-central province of Phu Yen was inaugurated by the Phu Yen TTP Joint Stock Company on June 25.
The BCG - CME Long An 1 solar power plant in Long An province has been inaugurated by the joint venture between the Bamboo Capital Group and the Vietnam-Oman Investment Fund.
Officials from the Cao Bang Economic Zone Management Board of the northeastern border province of Cao Bang and those from Baise city of China’s Guangxi province on June 24 gathered in Cao Bang to discuss ways for promoting border economic cooperation between the two localities.
The State Audit Office of Vietnam (SAV) has actively applied international knowledge and experience to better ability of auditors and improve efficiency of its operation in new auditing fields, said Auditor General Ho Duc Phoc.
The PetroVietnam Gas Joint Stock Corporation (PV Gas) on June 24 signed contracts on the building of a liquefied natural gas (LNG) warehouse and the provision of the product for two thermal power plants.
New Zealand investors want to develop strategic relations with Can Tho city - an economic hub in the Mekong Delta region that has produced a wide range of high-quality agricultural products, said New Zealand Ambassador to Vietnam Wendy Matthews.
VOV.VN - Vietnam’s trade balance has been back on an upward path after recording a surplus worth US$70 million between January and mid-June.
The Export-Import Bank of Korea (Korea Eximbank) has said that it has agreed to open a 2 billion USD credit line to Vietnam’s State-owned Vietnam Oil and Gas Group (PetroVietnam) in a bid to help more Korean companies venture into the fast-growing economy.
The Japan International Cooperation Agency (JICA) wants to help more Japanese investors to cooperate with the Mekong Delta city of Can Tho in agriculture, heard a working session between the local People’s Committee and JICA’s working team on June 24.
China wants to step up agricultural cooperation with the Mekong Delta city of Can Tho, especially for major farm produce like rice and fruits, in order to raise the efficiency of the rural economy, Chinese Consul General in Ho Chi Minh City Wu Jun said on June 24.
The EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Promotion Agreement (EVIPA) will help promote the comprehensive partnership and trade relations between Vietnam and the EU, as heard a seminar held in Brussels on June 24.
A Vietnamese trade promotion delegation that includes 22 local businesses from five localities is visiting South Africa from June 21 – 29, seeking partnerships and export opportunities.
A memorandum of understanding (MoU) to promote relations between Vietnamese localities with UK partners, towards strengthening trade and investment cooperation between the two countries was signed in London on June 24.
VOV.VN - The import of electronic items and components, and computers from China experienced sharp annual growth of 80.8 per cent to reach US$5.05 billion during the first five months of 2019, according to Vietnam Customs.