Vietnam’s seafood export turnover in November reached 852 million USD, raising the total value in 11 months to 8.1 billion USD, a year-on-year increase of 6.8 percent.
The recently-established Committee for the Management of State Capital at Enterprises (CMSC) will have a heavy workload to shoulder, needing great efforts exerted to overcome this challenge, according an expert.
New contenders in the online food delivery market, Grab and GoViet are fiercely fighting over potential customers.
Vietnam must make more use of dynamic rather than static advantages to improve its efficiency in FDI attraction, said Dr. Dinh Trong Thang from the Central Institute for Economic Management (CIEM) on November 30.
Vietnam’s Index of Industrial Production (IIP) expanded 10.1% year-on-year in the first 11 months of 2018, according to the General Statistics Office (GSO).
Vietnam was the fourth biggest market among ASEAN countries for German machine tool manufacturers, following Thailand, Indonesia and Singapore, according to the German Machine Tool Builders Association (VDW).
In the first 11 months of 2018, the export value of key forest products was estimated at US$8.49 billion, up 16.6% year-on-year.
Prime Minister Nguyen Xuan Phuc committed all possible support to young businesses and startups in his speech delivered at the Youth Startup Forum held in the central city of Da Nang on November 29.
Vice President Dang Thi Ngoc Thinh has assured Vietnam’s consistent policy of supporting Canadian firms and Manulife in particular to effectively operate in the country during a reception for visiting Chief Executive Officer & Director at Manulife Financial Corp Roy Gori in Hanoi on November 29.
Building smart urban areas is urgent for Ho Chi Minh City to maintain sustainable economic growth, promote the digital and knowledge-based economy and raise locals’ living standards.
A seminar on the opportunities and challenges of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) for Vietnamese businesses was held in Hanoi on November 28.
The total newly-registered, additional foreign capital and foreign investors’ stake purchase reached US$30.8 billion over the first 11 months of the year, or 93.2% from the same period last year, reported the Ministry of Planning and Investment’s Foreign Investment Agency.
Vietnamese Minister of Finance Dinh Tien Dung held talks with his Chinese counterpart Liu Kun in Beijing on November 27 as part of his working visit to China from November 25-30.
The northern mountainous province of Cao Bang is taking an array of measures to turn tourism, border gate economic activities and hi-tech agriculture into the pillars of its economy.
Vietnam registered to invest 303.5 million USD abroad in the first 11 months of this year, plus 55 million USD worth of additional capital for existing overseas projects.
The General Department of Vietnam Customs said the country had a trade deficit worth US$400 million in November, equivalent to 1.9% of total export value.
The disbursement of foreign direct investment (FDI) posted an increase of 3.1% in January - November over the same period last year to total US$16.5 billion, despite a fall in the registered FDI inflow.
The Airports Corporation of Vietnam (ACV) is focusing on accelerating investment in key projects at Cat Bi International Airport in Hai Phong city with a total investment capital of about 170.1 million USD.
In order to help boost the Vietnamese automobile industry – one of the most important contributors to national economic growth – the country could do with focusing on its policy stability, market expansion, support industry development, and connectivity reinforcement, according to insiders.
Prime Minister Nguyen Xuan Phuc chaired a cabinet meeting on November 27 on the drafting of Resolution No.01 on major tasks and solutions to implement the socio-economic development and State budget estimate for 2019.