VNS/VOV Foreign investors are diving into developing liquefied natural gas (LNG) and gas-fired power projects in Vietnam, in part due to the country's growing demand for electricity. Korea Gas Corporation (KOGAS) became the latest player this week after it entered into a Memorandum of Understanding (MoU) with Energy Capital Vietnam (ECV) that provides a framework for... View Article
VNS/VNA/VOV Close cooperation between companies, co-operatives, farms, and households is needed to restructure the livestock industry, the Ministry of Agriculture and Rural Development has said. Nguyen Xuan Duong, acting general director of the ministry's department of livestock production, said that it was necessary to develop co-operation chains to promote the livestock sector with the four... View Article
VNA/VOV Vietnam's steel production and consumption in the first half of 2019 recorded respective increases of 7.7% and 9.8% year-on-year, according to the Vietnam Steel Association (VSA). The association reported that sales of steel products in the second quarter hit 5.9 million tonnes, an increase of 3.2% compared to the same period last year, while exports... View Article
VOV Vietnam should pursue a clear plan on wooing foreign investors that are able to create breakthroughs for overall economic development and nurture alliances with domestic firms, experts have urged. The General Statistics Office of Vietnam under the Ministry of Planning and Investment (MPI) reported that the inflow of newly registered investment capital and equity purchase by... View Article
VOV Vietnam retained its trade surplus worth an estimated USD200 million in July, yielding a combined surplus of USD1.8 billion for the country's trade balance during the first seven months of the year. Exports brought home USD145.13 billion in the seven-month period, an increase of 7.5% on year, Vietnam Economic Times quoted the General Statistics Office of... View Article
VOV The EU-Vietnam Free Trade Agreement is expected to bring about a slew of new opportunities for small and medium-sized enterprises when the pact comes into force with the elimination of tariff lines and other obstacles facing Vietnamese exports to the European market. The remark was highlighted at a workshop jointly held by the Ministry... View Article
VNA/VOV Prime Minister Nguyen Xuan Phuc has asked ministries, ministry-level and central agencies as well as centrally-run localities to make middle-term plans for public investment in 2021-2025. In a directive issued on 29 July, the PM said the objective of the plan is to attract and optimise resources for economic development and infrastructure expansion, thus... View Article
VNA/VOV Vietnamese enterprises received investment licences for 90 projects worth 180.1 million USD in 30 countries and territories in the first seven months of this year, according to the Ministry of Planning and Investment. The ministry reported that in the period under review, 97.3 million USD of additional capital was poured into 21 underway projects... View Article
Thuong Gia Magazine 1. Dear sir, recently Vietnam and the EU have signed the EU – Vietnam Free Trade Agreement (EVFTA) and Investment Protection Agreement (IPA) on June 30th. In your opinion, what opportunities will Dutch businesses have in term of export, investment and development in Vietnam? The impact of the EVFTA is to result in 65%... View Article
The ConsulateGeneral of the Kingdom of the Netherlands In the month of May last year the Consulate General organised the Dutch Days in Da Nang with a good number of Dutch participants to showcase The Netherlands as a modern partner for sustainable and innovative solutions. A few months ago there was an important mission to Da Nang headed by minister Niewenhuizen. After these... View Article
VNA/VOV Despite certain difficulties facing the property market, there remain numerous opportunities for investors to earn money from real estate stocks, according to insiders. At a seminar in Ho Chi Minh City on 30 July, Chairman of the HCM City Real Estate Association Le Hoang Chau said it is not a rosy picture in the... View Article
VOV The retail sales of goods and services totaled VND2.804 quadrillion (USD120.57 billion) during the first seven months of this year, a leap of 11.6% on year, according to the General Statistics Office of Vietnam. Of the figure, VND2.134 quadrillion (USD91.76 billion) were sourced from goods, representing 76.1% of the total and an annual rise of... View Article
VNA/VOV The EU-Vietnam Free Trade Agreement (EVFTA) not only opens the door wide for Vietnam's agro-forestry-aquaculture exports, but also promotes the country's agricultural sector to improve its competitiveness, according to experts. To take advantage of opportunities to serve sustainable development, Vietnam's agricultural sector needs to take measures to cope with challenges, they noted. According to... View Article
Vnexpress/VOV Vietnam wants to have five billion-dollar tech firms by 2025 and 10 by 2030 as part of its plans for the Industry 4.0 adoption. According to a recent plan of the Ministry of Planning and Investment, the country wanted at least 20% of firms to adopt the Industry 4.0 by 2025 and 40% by... View Article
International organizations have shared a bright outlook on Vietnam's economic growth during 2019, Mai Tien Dung, Minister and Chairman of the Government Office has quoted their forecasts as saying.
Some banks have unexpectedly announced they would cut interest rates on VND loans in the Government's priority sectors to support firms in 2019, starting from August 1.
The Ministry of Industry and Trade will submit to the Government new scenarios for solar power prices in two regions on 15 September based on recommendations the ministry received after presenting its proposal on the matter to the Government's standing board on 31 July.
Vinh Long People's Committee Vinh Long People's Committee will organize a Conference on "Investment promotion in Vinh Long province 2019: Together for a sustainable development" on 15 August , 2019 in Vinh Long city. This is a significant economic event for Vinh Long province with the participation of leaders from ministries and agencies; economic groups... View Article
Fresh Studio Fresh Studio is pleased to announce that it will support 13 female farmers in Son La province, Vietnam to establish 5 vegetable production greenhouses and 8 seedling production nurseries as part of the project: "Sowing a bright future for economic development and women's empowerment in Son La through high-quality seedlings and greenhouse vegetables.... View Article
TMF Group Business of all sizes – everywhere in the world – are affected in some way by these trends, so it's important to take the necessary steps to ensure your operations comply. This month Ms. Emine Constantin – EMEA Head of Accounting and Tax had the pleasure of speaking at the 19th Annual US... View Article
