VNS/VNA/VOV Along with its rapid economic growth, Vietnam's electricity demand is also increasing strongly, at around 10% a year, causing huge pressure on the energy sector, according to the Ministry of Industry and Trade. Truong Thanh Hoai, director general of the ministry's industry department, said the country's total electricity capacity reached nearly 50,000 MW last... View Article
VNS/VOV Many shops specialising in organic pork, fresh fruits and vegetables have opened in central HCM City and neighboring areas as demand for organic products has increased in recent years. Nguyễn Thị Thanh Lan, a resident on Bà Hạt Street in District 10, told Sài Gòn Giải Phóng (Liberated Sài Gòn) that she paid more than VND1 million... View Article
VNA/VOV Export revenues by Ho Chi Minh City-based enterprises in the first six months of the year reached 19.6 billion USD, a 9.2% increase year-on-year, according to the municipal People's Committee. Of the figure, industrial products accounted for 13 billion USD, or nearly 77%. Exports of computers, electronic products and components were worth 6 billion... View Article
VOV Experts have deemed the thriving corporate bond market as an efficient gateway to reducing the excessive reliance of firms, and the economy at large, on bank credit. According to the Asian Development Bank (ABD), the Vietnamese corporate bond market has reported a number of positive developments with impressive annual growth rates of 29.5% in 2017... View Article
VNA/VOV Auditor General of the State Audit of Vietnam (SAV) Ho Duc Phoc had a meeting with Auditor General of the Chinese National Audit Office (CNAO) Hu Zejun on 22 July in the framework of the 54th Asian Organisation of Supreme Audit Institutions (ASOSAI) Governing Board Meeting in Kuwait. As the CNAO is an important... View Article
VNA/VOV Members of the European Union (EU) have expressed their belief in the positive impact that the bloc's free trade agreement with Vietnam (EVFTA) will have on bilateral trade relations. The deal, signed in Hanoi on 30 June, is the first the EU has inked with a developing country in Asia, paving the way for... View Article
VNS/VNA Vietnamese enterprises need more opportunities to get technology transfers from foreign investment activities and join ventures with foreign partners for sustainable development of the domestic industry. Technology is important in improving global competitiveness for local manufacturers in Vietnam, said BT Tee, General Director of Informa Markets Vietnam. The domestic industrial sector, which contributes 50%... View Article
MDF Asia Hassan is a very devoted international fundraiser. His work is challenging him to have a structured approach in finding the right donors at the right time. But the haphazard way of working and the unclear involvement of other colleagues is tiring him out. Which tips can we give Hassan? 1. Know yourself Do not... View Article
VOV Ho Chi Minh City would see its real estate market enjoy thriving developments buoyed by promising segments, foreign-invested real estate service providers have noted. According to Troy Griffiths, deputy managing director of Savills Vietnam, Ho Chi Minh City (HCMC) is undergoing massive changes in terms of demographics and infrastructure, along with a burgeoning middle and... View Article
VOV Foreign direct investment inflows from China into Vietnam have enjoyed a steady rise in recent years, but still lagging behind key foreign investors such as Japan and the Republic of Korea, according to an entity from the Ministry of Planning and Investment. Statistics released by the Foreign Investment Agency under the Ministry of Planning... View Article
VNA/VOV The association of Vietnamese aluminium profile for the north made its first public appearance in Hanoi on 23 July. A workshop on the EU-Vietnam Free Trade Agreement (EVFTA) was held as part of the launching event for businesses to discuss opportunities and challenges for the aluminium sector. Vice Chairman and Secretary General of the... View Article
VNA/VOV Vietnam exported 3.44 million tonnes of steel and iron worth 2.24 billion USD in the first half of this year, up 21% in volume and 4% in value from the same period last year. The country mainly shipped steel and iron to the markets of the Association of Southeast Asian Nations (ASEAN), the United... View Article
VOV Vietnamese exports, which benefited from the tax incentive mechanism of the free trade agreements (FTA) the country has signed, posted USD46.2 billion in value during 2018, or 39% of the total exports to the FTA signatories. This trade gap was noted in a recent statistical report by the Ministry of Industry and Trade (MoIT),... View Article
VIR/VOV Vietnam's mergers and acquisitions market recorded steady growth since early last year, buoyed by foreign investors who desire a speedy entry into the large market of over 96 million people. However, whether the market will continue flourishing in the time to come depends on how existing hurdles are tackled. According to statistics by the... View Article
VNA/VOV Vietnam has jumped three spots to the 42nd position out of 129 world economies in the Global Innovation Index (GII) as announced by the World Intellectual Property Organisation (WIPO) in New Delhi, India on 24 July. It is the highest ranking that Vietnam has ever achieved so far. Meanwhile, Switzerland, the US, UK, Finland... View Article
Vietnamnet/VOV Investments in F&B chains are increasing despite the signs of a growth slowdown. After injecting money into Golden Gate, Chao Do and Pizza 4P, Mekong Capital remains interested in the F&B sector, revealing that it will raise a new fund to continue investing in the sector. F&B brought success to Mekong Capital, bringing profit... View Article
VNS/VNA/VOV Foreign investors are getting access to various master plans and priority infrastructure projects and hearing directly from policymakers and authorities at the Infrastructure Vietnam Summit that opened on 25 July in Ho Chi Minh City. Held for the first time, the two-day event is focused on attracting foreign direct investment in the infrastructure and... View Article
Hanoitimes/VOV Despite inherent barriers arising from a traditional mindset and the high requirement for trust in the real estate industry, the prospects for proptech in Vietnam are still positive. Proptech in Vietnam is developing and expanding on the back of strong momentum in Vietnam real estate market, due to its benefits in improving accuracy and... View Article
VIR/VOV Vietnam's aspirations to advance smart technology will help develop the largest municipalities into smart cities in a decade, with the Asian Silicon Valley of Taiwan ready to assist via innovative solutions Jeffrey Chan, overseas sales manager of genetics researchers Sofiva Genomics Co., Ltd., told VIR that cutting-edge technology helps Taiwanese companies stay relevant in... View Article
VOV Shrimp exports are expected to gain a boost during the remainder of 2019 thanks to positive impacts from the free trade agreements Vietnam has signed, particularly the freshly signed EU-Vietnam Free Trade Agreement. In addition, the overseas demand for shrimp products is expected to soar over the rest of the year. This is partly... View Article
