The government has issued a new decree to create favorable conditions for Vietnam’s commodity exchange, especially for transactions with foreign partners, in order to increase the competitiveness of Vietnam’s farm produce.
The Government Inspectorate will carry out an inspection targeting State-owned enterprises (SOEs) in which the Ministry of Industry and Trade (MoIT) controls State capital.
Loss, inability to access bank loans, unreasonable policies and investors’ indifference all are putting pressure on the CEO of agriculture startups.
Vietnam recorded a trade surplus of US$44.95 billion with the G7 (France, Germany, Italy, Japan, the UK, the US and Canada) last year, according to the latest statistics from the General Department of Vietnam Customs.
Golden plaster copies of the World Cup Trophy made in Bat Trang ceramic village in Gia Lam district of Hanoi are being sold at VND80,000 each and exported to Russia for football fans attending this year’s World Cup.
Prime Minister Nguyen Xuan Phuc introduced to Canadian businesses the dynamic Vietnamese economy with improved investment and business environment and abundant opportunities for foreign investors while addressing the Vietnam-Canada business forum in Quebec on June 8 (Canada time) as part of his ongoing visit to Canada.
High anti-dumping tariff and the US Seafood Import Monitoring Programme (SIMP) are now key barriers facing Vietnamese shrimp exporters.
The Republic of Korea (RoK) has been the biggest investor among 86 countries and territories investing Vietnam so far this year, with total investment of US$2.63 billion, accounting for 26.5% of total foreign direct investment (FDI) the country has attracted in the reviewed period.
Vietnam’s gross domestic product (GDP) is expected to grow 6.6% in 2018, down slightly from 6.8% last year.
The State-run Electricity of Vietnam (EVN) Group produced 74.42 billion kWh of electricity in the first five months of 2018, an increase of 10.5% from a year earlier.
Lychee growers in the two lychee farming hubs of Vietnam, namely Bac Giang and Hai Duong provinces, are busy with harvesting this season's first crop of lychees, while preparing for picking the lychees of the fast-approaching main crop scheduled for the next five days.
The Vietnam National Coal and Mineral Group (Vinacomin) has accelerated coal production and sales in order to meet targets set for the first six months of this year.
Once Hong Kong investor OneEnergy Asia Limited receives the Vietnamese government approval, it will become the only investor in the $2.2- billion Vung Ang 2 thermal power plant.
Hanoi’s industrial production index rose by 7.8 percent in the first five months of this year, said Director of the municipal Department of Planning and Investment Nguyen Manh Quyen.
According to the ASEAN-Australia-New Zealand Free Trade Area (AANZFTA) roadmap, Australia cuts 90% of import taxes this yearand 100% of tax lines will drop to zero as from 2020. Meanwhile, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will promisingly facilitate trade ties between Vietnam and Australia.
Owners of lotus ponds around Hanoi have been collecting millions of Vietnamese dongs each day, earning up to VND100 million per month by selling flowers and renting their ponds out to people who want to take amazing photos among the lotus.
Vietnam’s growing revenue from retail services and the number of newly-established enterprises have reflected the upward-trend of domestic purchasing power and retail-related activities.
The government has been urging the authorities to appraise Lien Chieu Seaport, showing strong support and promising smoother sailing for the project.
The Vietnam Silicon Valley Angel Camp kicked off in the Mekong Delta city of Can Tho on June 2, offering a chance for students to learn from startup experience.
Vietnam’s economy is seeing positive growth signs, according to a government report presented at the ongoing session of the National Assembly.