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.
Vietnam’s forestry product export is expected to reach US$9.3 billion this year, according to the Ministry of Agriculture and Rural Development’s Vietnam Administration of Forestry (VAF).
Vietnam had won a three-year dispute with Indonesia regarding safeguards on certain iron and steel products, according to the Trade Remedies Authority of Vietnam.
Vietnam expects to export 1.7 million tonnes of coffee this year, earning about US$3.5 billion, said Chairman of the Vietnam Coffee – Cocoa Association (VICOFA) Luong Van Tu.
Vietnam’s huge potential in the offshore wind industry has caught the eye of overseas investors, but further work is required to kick-start the fledgling market, according to energy experts.
The Asian Development Bank (ADB) has approved over $100 million in financing to help Viet Nam install 8 modernized irrigation systems in five drought-affected provinces, which will improve agricultural productivity, especially among farmers growing high-value crops.
The ASEAN and other new regional Asian groups became the focus of a plenary session on November 26, part of the 2018 Horasis Asia Meeting held in the southern province of Binh Duong.
Vietnam’s export of wood and wood-based products is projected to reach US$8.85 billion in 2018, up over US$1 billion from the 2017 record of US$7.7 billion.