The United States is temporarily easing trade restrictions on Myanmar by allowing all shipments to go through its ports and airports for six months, an effort to boost the Southeast Asian country's opposition party after its landmark election win in November.
While the cement industry was struggling with an excess of supply over demand, exports, which were considered a solution to boost consumption, failed to meet expectations.
HCM City-based consumer companies have completed plans to produce enough goods for Tet (Lunar New Year), which falls on February 8 next year, according to the city Department of Industry and Trade.
The State Bank of Vietnam has recently approved in principle a merger between the Song Da Finance Company (SDFC) and the Military Commercial Joint Stock Bank (MBBank).
Vietnam will become a coal importer in 2017 of 2.3 million tonnes for domestic electricity production, according to Nguyen Tien Chinh from the Vietnam Mining Science and Technology Association (VIMA).
The Ministry of Agriculture and Rural Development is drafting policies to promote the flow of foreign direct investment (FDI) into the agricultural sector.
The recent inclusion of the Chinese yuan (CNY) to the reserve currency basket of the International Monetary Fund (IMF) will not have any significant impacts on Vietnam’s economy, experts said, adding that it takes at least six months or even a year to see any impacts.
(VOV) - Hoang Anh Gia Lai Group (HAGL), one of Vietnam’s premier property developers, has announced the grand opening of phase one of a US$300 million 40,000 square-metre shopping plaza in Yangon, Myanmar.
Relevant Vietnamese agencies have been requested to thoroughly study the US’s regulations imposed on Vietnam’s tra and basa fish in order to employ measures to ensure that exports continue.
The Chan May-Lang Co Economic Zone in the central province of Thua Thien-Hue has 39 valid licensed investment projects, accounting for a total investment capital of over VND39 trillion (US$1.8 billion).
Vietnam and Saudi Arabia signed several credit agreements worth US$29 million through the Saudi Fund for Development (SFD).
(VOV) - Sagging export growth spurred a wider-than-forecast trade deficit of US$4.0 billion during the eleven months leading up to December, according to a recent report released by the General Statistics Office (GSO).
Vietnam is witnessing a growing trend in the application of future technologies such as Big Data and Cloud computing into business activities.
To keep up with the latest technology trend, MobiFone will provide Big Data services next year. Nguyen Bao Long deputy general director of MobiFone spoke with VIR’s Thanh Van about this first-hand experience and the firm’s business plan.
Vietnam will transport between 500 million and 600 million tonnes of goods this year by sea, the Vietnam Maritime Administration (Vinamarine) has said.
(VOV) - The Mekong Delta’s transport infrastructure and logistics system have recently received large investments by the state and regional provinces to speed the delivery of cargo to points of consumption and boo the competitiveness of the region’s products.
(VOV) - The Vietnam Embassy in Mexico has reported total commercial trade with the North American country for the 10 months leading up to November 2015 has hit US$1,693 billion, a 10-year record high.
(VOV) - The Vietnam Development Partnership Forum (VDPF) 2015 with the theme "Towards competitive, inclusive and sustainable growth" opened in Hanoi on December 5 in the presence of Prime Minister Nguyen Tan Dung.
The Vietnam-Republic of Korea (RoK) free trade agreement (VKFTA) is billed as a significant legal framework for enterprises from Vietnam and the RoK to expedite investment and cooperation while expanding production.
Vietnam ’s inflation is forecast to rebound to 4.9% in 2016 while the Gross Domestic Product (GDP) growth is forecast at 6.7%, according to the December report of the Hong Kong and Shanghai Banking Corporation (HSBC).
Creditors and entrepreneurs from Vietnam and the Republic of Korea (RoK) gathered at a workshop in Ho Chi Minh City on December 4 to boost economic-financial cooperation.
The rubber sector needs to develop a long-term development strategy to enhance its added value and ensure sustainable development, Deputy Minister of Agriculture and Rural Development Ha Cong Tuan said at the annual Global Rubber Conference in Ho Chi Minh City on December 4.
The 104th council meeting of the International Investment Bank (IIB) opened in Hanoi on December 4, along with a business forum on global opportunities for local sustainable development in Vietnam.
A flux of investment waves from Japanese businesses are coming to Vietnam’s agricultural sector, which plays an important role in the national development, according to a top agricultural official.
The People’s Committee of southern Binh Duong province granted an investment license to Taiwan-based Cheng Loong Binh Duong Paper Ltd, Co. on December 4 for the construction of a US$1 billion paper plant.
The EU-Vietnam Free Trade Agreement (EVFTA) will create ample opportunities for overseas Vietnamese enterprises in the Czech Republic as well as companies that import Vietnamese goods to the EU.
State-run Vietnam Oil and Gas Group (PetroVietnam) remains at the top of the 500 Vietnamese biggest enterprises list in terms of revenue (VNR500) this year, while the Vietnam Dairy Products Joint Stock Company (Vinamilk) has been named the country's largest private enterprise.
Hi-tech agricultural zones in each region of the country would contribute to improving the competitiveness of the agricultural sector once the Trans-Pacific Partnership (TPP) takes effect at the end of 2017, Tu Minh Thien, Deputy Head of the Management Board of HCM City's High-Tech Agricultural Park, has said.
(VOV) - Vietnam based Lozi.vn, which is essentially a Facebook for food that reminds most consumers of Pinterest that launched in 2014, has announced the signing of a venture capital agreement with Golden Gate Ventures and DesignOne Japan.
The Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) has received four MasterCard awards for its services for 2014-2015.