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
Purchasing power edges higher
Purchasing power edges higher

The purchasing power of Vietnamese residents increased slightly in the first eight months of 2014, following an increase in the purchase of goods and services.

Purchasing power edges higher
Vinpearl doles out US$4 million for Nha Trang Port stake
Vinpearl doles out US$4 million for Nha Trang Port stake

Vinpearl JSC, a subsidiary of Vingroup has been allowed to buy VND85 billion (US$4.04 million) worth of shares in Nha Trang Port JSC from the Vietnam National Shipping Lines (Vinalines).

Vinpearl doles out US$4 million for Nha Trang Port stake
Vietnam-Brazil trade hits over US$1.7 billion
Vietnam-Brazil trade hits over US$1.7 billion

(VOV) - Two-way trade between Vietnam and Brazil fetched US$1.745 billion in the first seven months of the year, reported the Vietnamese Trade Office in Brazil.

Vietnam-Brazil trade hits over US$1.7 billion
Wood exports surge in seven months
Wood exports surge in seven months

(VOV) - The country’s exports of wood and wood products in the first seven months of the year surged to US$5.7 billion, according to the General Statistics Office (GSO).

Wood exports surge in seven months
Israel helps Hau Giang develop hi-tech agriculture
Israel helps Hau Giang develop hi-tech agriculture

(VOV) -Israel looks forward to assisting Hau Giang in applying high-technology in agriculture and cooperating with the Mekong Delta province in the fields of human resource development, education and training, and food processing.

Israel helps Hau Giang develop hi-tech agriculture
Car import tax to drop to zero by 2018
Car import tax to drop to zero by 2018

Vietnam will apply a zero tariff policy to all automobiles imported from ASEAN countries by 2018, making it easier for consumers to buy cars.

Car import tax to drop to zero by 2018
Vietnam flying high in a competitive industry
Vietnam flying high in a competitive industry

(VOV) - The International Air Transport Association (IATA) has cited the Vietnamese aviation industry as one of the seven fastest-growing markets in the world in terms of passenger and cargo transport. 

Vietnam flying high in a competitive industry
Government bond transactions near US$1bil
Government bond transactions near US$1bil

The total value of State treasury bill transactions have reached nearly VND21 trillion (US$1 billion), the Hanoi Stock Exchange has reported.

Government bond transactions near US$1bil
Vietnam, Thailand seek stronger industrial cooperation
Vietnam, Thailand seek stronger industrial cooperation

(VOV) - Vietnam and Thailand should increase cooperation on industrial and commercial development, Ms.Ladda Khaikham, a representative of Thailand’s Industry Promotion Agency, said in a joint meeting between Vietnamese and Thai businessmen in Hanoi on August 27. 

Vietnam, Thailand seek stronger industrial cooperation
FDI disbursements surge 45% in eight months
FDI disbursements surge 45% in eight months

(VOV) -In the first of eight months of the year disbursements of foreign direct investment (FDI) surged 45% on-year to US$7.9 billion, according to the General Statistics Office (GSO).

FDI disbursements surge 45% in eight months
IATA forecasts rapid growth of aviation sector
IATA forecasts rapid growth of aviation sector

(VOV) -The aviation sector of Vietnam is projected to be the world's seventh fastest growing market during the 2013-2017 period and achieve international passenger and international commodity transport rates of 6.9% and of 6.6%, respectively.

IATA forecasts rapid growth of aviation sector
Support industry mega expo kicks off in Hanoi
Support industry mega expo kicks off in Hanoi

(VOV) -A mega support industry event with three exhibitions featuring the latest in state-of-the-art technologies opened at the Hanoi International Exhibition Centre on August 27 gathering over 300 exhibitors.

Support industry mega expo kicks off in Hanoi
Thai garment firms seek opportunities in HCM City
Thai garment firms seek opportunities in HCM City

(VOV) - Thai trade and investment promotion agencies are actively implementing an array of programmes to connect businesses and support them in seeking business investment opportunities in Vietnam.

Thai garment firms seek opportunities in HCM City
Can Tho, Israel enhance hi-tech cooperation
Can Tho, Israel enhance hi-tech cooperation

(VOV) - Israel is desirous of augmenting cooperation with Can Tho province in the application of high-technology in agriculture, human resource development, E-Government and health care.

Can Tho, Israel enhance hi-tech cooperation
PM calls for greater efforts to keep 5.8% economic growth
PM calls for greater efforts to keep 5.8% economic growth

(VOV) - It is imperative to focus on alleviating business difficulties and stimulating agricultural and industrial and service growth in order to achieve a 5.8% economic growth rate set for this year.

PM calls for greater efforts to keep 5.8% economic growth
HCM City steps up efforts to foster tourism industry
HCM City steps up efforts to foster tourism industry

Ho Chi Minh City have been implementing a range of measures to boost tourism, from improving the quality of services and increasing network linkages to offering attractive promotions. 

HCM City steps up efforts to foster tourism industry
A growing economy needs strong support industry
A growing economy needs strong support industry

(VOV) -Manufacturing is truly the backbone of Vietnam’s economic growth, and the challenge now to making the sector’s comeback a sustainable reality comes down to developing the support industry.

A growing economy needs strong support industry
Industrial production maintains upward trend
Industrial production maintains upward trend

(VOV) -The index of industrial production (IIP) for August picked up 6.7% on-year due to an upturn in consumption, bringing an 8-month IIP to 6.3%, the General Statistics Office (GSO) announced.

Industrial production maintains upward trend
Domestic