The northern province of Quang Ninh needs to call on investment in developing luxury tourism and real estate products to meet the high demand of tourists, according to experts.
In 2017, Vietnam saw soaring foreign investment capital inflows totalling at $35.6 billion, up 44.2 per cent compared to 2016.
Bitcoin, one of the most talked-about phenomena in the financial services sector, has been ceaselessly brought into the limelight due to its ambiguity regarding the face value as well as the potential legal and regulatory risks challenging Bitcoin “whales.”
The festive season atmosphere is particularly exciting in Hang Luoc, Hang Ma, and Luong Van Can, the main streets selling deco items in Hanoi. With their beautiful design and reasonable prices, Vietnamese products are dominating the Christmas market.
Amazon is pursuing a two-step strategy to enter the Vietnamese e-commerce market.
Boasting huge potential for renewable power development, the south central coastal province of Ninh Thuan is working to lure investments in the sector, aiming to become Vietnam’s clean energy centre.
PSNews – Deputy Prime Minister VuongDinh Hue and leaders of the Ministry of Finance and relevant ministries on December 19 attended a ceremony to mark Vietnam’s reached export-import turnover of US$ 400 billion, a new milestone of the Vietnamese economy.
Nafoods Tay Bac JSC broke ground on a fruit and vegetable processing plant in Moc Chau district, northern Son La province on December 19.
The Ministry of Finance signed an agreement with the Kuwait Fund for Arab Economic Development (KFAED) on December 19 to borrow more than US$9 million (VND212 billion) for a project to develop coastal infrastructure in response to the effects of climate change in Thai Binh Province.
The first 11 months of 2017 witnessed a boom in foreign investment in Vietnam, which surged up 53.4% year on year to reach US$33 billion of new capital, according to the Foreign Investment Department under the Ministry of Planning and Investment.
The Asian Development Bank’s (ADB) Board of Directors has approved loans totaling $299 million to help improve basic infrastructure services and promote inclusive and sustainable economic growth in the north central coastal region and the northeastern provinces of Viet Nam.
High-tech applications in agricultural development have been widely promoted in Hai Phong City.
Vietnam’s textile and garment sector may have a trade surplus of US$15.5 billion on total export revenue of US$31 billion this year, said Vu Duc Giang, chairman of the Vietnam Textile and Apparel Association (VITAS).
The Ministry of Finance and the Agence Française de Développement (AFD - French Development Agency) coorganize a seminar on “Local governments access to finance in Vietnam”. The seminar takes place on December 14 and 15 in Danang.
The Asian Development Bank (ADB) has raised its forecast for Asian economic growth to 6.7% this year thanks to increases in exports and higher domestic fuel consumption.
The Viet Nam Development Forum (VDF) with the theme “Increasing Productivity - Leverage for Sustainable Development,” was open on December 13 in Ha Noi.
Overseas remittances to Ho Chi Minh City is expected to total US$5.2 billion this year, up 4.5% year-on-year, said an official of the State Bank of Vietnam (SBV).
New season Australian cherries are coming back to Vietnam with the first shipments arriving this month.
The pace of Vietnam’s growth is expected to increase to 6.7 per cent this year, according to Taking Stock, the World Bank’s bi-annual economic report on Vietnam, released on December 11.
The newest way to bet on bitcoin, the cyptocurrency that has taken Wall Street by storm with its stratospheric price rise and wild daily gyrations, will arrive on Sunday when bitcoin futures start trading.