Vietnam has emerged as an attractive foreign direct investment (FDI) destination in Asia, by beating China and India, a report by The Economist Intelligence Unit (EIU) has indicated.
Prime Minister Nguyen Xuan Phuc has required Deputy Prime Ministers and Ministers to continue accompanying businesses and remove difficulties to help them achieve breakthrough development in 2020 and the following years.
Vietnam needs a long-term strategy to increase the quality of its rice exports to create sustainable growth in the future, experts say.
Vietnam imported about 23 million tonnes of coal between the beginning of the year and July 15 worth 2.17 billion USD, according to the General Department of Customs.
The Vietnamese real estate market has high development potential thanks to positive economic prospects, a strong foreign direct investment flow and suitable monetary policies, according to a research of Savills Vietnam.
Vietnam’s textile and garment industry is striving to achieve export turnover of more than 40 billion in 2019, a year-on-year increase of 14-15 percent.
After nearly one year operating in Myanmar, Mytel - the trademark of Viettel in Myanmar - has become the 3rd largest network operator in terms of market share.
The province has around 1,215 wood processing businesses, with 905 of them domestic firms with VND10.8 trillion (US$469.6 million) of registered funds, and 310 foreign companies with a total of US$2.3 billion, according to Binh Duong’s Department of Industry and Trade.
Two-way trade between Vietnam and Israel hit 131.29 million USD in the first two months of 2019, with Vietnam enjoying a trade surplus worth 77.47 million USD.
Export activities recorded encouraging figures in January, and more growth is on the way, according to the Ministry of Industry and Trade (MoIT).
Vietnam’s joining of free trade agreements (FTAs) is quite suitable in the context of trade globalization. However, to promote the efficiency of boosting exports, a concerted policy system is needed to help businesses successfully take advantage of benefits brought by the FTAs, according to insiders.
Foreign-invested companies in the southern region are speeding up investments and preparing for opportunities as Vietnam is poised to join the Comprehensive and Progressive Agreement for Tran-Pacific Partnership (CPTPP).
The Record of Discussions of the “Project for Capacity Building on Improving Fairness and Transparency of Vietnamese Equity Market” is signed on 5th November 2018 in Hanoi.
FDI capital, along with large-scale projects, is expected to continuously flow into the southern key economic zones till the end of the year.
Many National Assembly deputies shared the view that the Government should take more drastic measures so as to achieve the goal of 1 million enterprises by 2020, noting the under-expectation results of Resolution 35/2016/NQ-CP on developing enterprises to 2020.
Vietnam Airlines and Vingroup have signed a cooperation agreement to develop and provide combined aviation and tourism products for all of their air routes and tourism accommodation facilities.
The attraction and use of foreign direct investment (FDI) in the past 30 years have proven that the door-opening policy of the Party and State of Vietnam is a correct choice in line with the development trend of the era and the country’s situation, Minister of Planning and Investment Nguyen Chi Dung said.
Mytel reached 3 million customers after its 3-month operation, its customers of 4G services amounted to more than 70%.
The International Real Estate Conference (IREC) 2018 opened in Hanoi on September 6 under the theme “Vietnam: A World of Opportunities”.
Prime Minister Nguyen Xuan Phuc suggested further boosting economic, trade and investment ties between Vietnam and the US city of Los Angeles during a reception for its Mayor Eric Garcetti in Hanoi on July 28.