maandag 22 juli 2019

Vietnam: EuroCham attended the Midterm Vietnam Business Forum (VBF)

EuroCham attended the Midterm Vietnam Business Forum (VBF)

EuroCham On 26 June, EuroCham attended the Midterm Vietnam Business Forum (VBF) organised by the Ministry of Planning and Investment, the World Bank and IFC at the Lotte Hotel in Hanoi. The theme of the VBF was: "Roles of business community in rapid and sustainable development ". Deputy Prime Minister Trinh Dinh Dung attended and... View Article

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The EVFTA – What Happens Next?

EuroCham On 1 July in Hanoi, following the official signing of the EU-Vietnam Free Trade Agreement (EVFTA), EuroCham organised a conference together with the Vietnam Chamber of Commerce and Industry (VCCI). This event, attended by 100 members of both chambers, brought the latest updates from the EU and Vietnamese Government about the EVFTA and the... View Article

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Government works to improve business climate

VNA/VOV A number of business conditions have been reduced or removed thanks to the Government's efforts in improving the business environment and increasing national competitiveness. Particularly, the reduction of unnecessary business conditions in the fields of trade, investment and industrial production has been hailed by enterprises. According to a periodical report of the Vietnam Chamber... View Article

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Vietnam plans to become leading digital economy in ASEAN by 2030

VNA/VOV Vietnam will become a leading digital country and economy in the ASEAN region by 2030 and allow testing of new technologies in the digital economy. This is one of the proposals in a draft project on national digital transformation by the Authority of Information Technology Application (AITA) under the Ministry of Information and Communications... View Article

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EVFTA set to offer foreign investors dual benefits

VOV The freshly signed EU-Vietnam Free Trade Agreement is to allow foreign investors to enjoy huge benefits in terms of market entry and policy incentives when investing in the Southeast Asian country, experts have said. The EU-Vietnam Free Trade Agreement (EVFTA), inked by both sides on 30 June, is expected to lure fresh investment from... View Article

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80% of State-owned economic groups earn profits

VNA/VOV Up to 80% of the 19 State-owned economic groups and corporations under the management of the Committee for Management of State Capital at Enterprises (CMSC) earned profits in the first half of this year, fulfilling more than half of their yearly targets, according to the committee. It said after receiving the groups and corporations... View Article

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Foreigners still permitted to make term deposits at Vietnamese banks

VNS/VOV Resident and non-resident foreigners in Vietnam are still permitted to make term deposits at local banks despite some banks saying they would not accept savings deposits from individual foreign customers, the State Bank of Vietnam has said. Last week, some banks announced that they would stop taking savings deposits from foreign individuals starting this month to follow the... View Article

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Ministry asked to speed up public investment disbursement

VNA/VOV The Government has asked the Ministry of Planning and Investment (MPI) to focus on removing difficulties and speeding up the progress of public investment disbursement. In Resolution No. 50/NQ-CP issued recently, the Government requested the MPI to promptly finalise the allocation and adjustment of public investment plan, while cutting down capital for projects with... View Article

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Government asks for measures to restructure industrial sector

VNA/VOV The Government has asked for drastic measures to review and choose suitable foreign-invested projects, while applying solutions to attract investment and technology transfer from world leading firms with environmentally friendly high technologies. According to Resolution No. 50/NQ-CP, the Government requested the Ministry of Industry and Trade (MoIT) to work harder to transform the structure... View Article

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Vietnam – good land for major groups

VNA/VOV Commitments to provide fair and equal treatment as well as protection for investors of both sides in the freshly signed EU-Vietnam Investment Protection Agreement (EVIPA) are expected to help Vietnam attract major groups. In a recent interview with the Vietnam News Agency, PhD Phan Huu Thang, former Director of the Foreign Investment Agency under... View Article

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When retailers are involved in M&A deals

Vietnamnet/VOV The retailer community last week was stirred up by the news that a Vietnamese enterprise had acquired a famous foreign retail brand just after one month of negotiations. On June, Auchan Retail Vietnam officially transferred the entire Auchan supermarket chain to Saigon Co-op, one of thecbiggest Vietnamese retailers. This is the first time a... View Article

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Simon N. Groot Scholarship – Internship at EWS Vietnam

East-West Seed (Hai Mui Ten Do) Internship opportunities for junior students studying agriculture at – Nong Lam HCM University – Can Tho University – Vietnam National University of Agriculture – Nong Lam Gia Lai University – Southern Agriculture Colleges Project 1: Improving the germination of vegetables like sweet corn, melon, bitter gourd, lettuce and kangkong.Project 2: Crop comparison & Experimental... View Article

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Southern provinces ready for billion-dollar FDI projects

VNS/VNA/VOV Foreign direct investment (FDI), especially in southern provinces, is expected to increase sharply with a number of billion-dollar projects in the pipeline, according to the Foreign Investment Agency (FIA). The Department of Planning and Investment of Binh Duong province said a textile and garment project by Hong Kong's Wai Chi Kai Knitting Company would... View Article

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PM asks capital management commission to flexibly deal with corporate issues

VNA/VOV Prime Minister Nguyen Xuan Phuc on 17 July asked the Commission for the Management of State Capital at Enterprises (CMSC) to take more flexible approach to dealing with corporate issues in line with the law. Put into operation on 30 September, the CMSC has become the State capital representative for 19 State-owned enterprises (SOEs)... View Article

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Trade pacts bring opportunities for seafood industry's sustainable growth

VNA/VOV The seafood industry must envision a long-term strategy to make full use of new trade pacts and prepare for problems that might arise when they take effect, Truong Dinh Hoe, VASEP general secretary, said. Hoe was speaking at a conference in HCM City on 17 July on the challenges and opportunities faced by the seafood... View Article

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PVN's business result exceeds set target

VNA/VOV The Vietnam Oil and Gas Group (PVN) gained 365.5 trillion VND (15.78 billion USD) in revenue in the first half of this year, or 18% higher than its six-month plan, heard a conference held by the group on 17 July. The corporation contributed more than 53 trillion VND to the state budget, 15% above... View Article

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