TAGs: economic

30-year FDI attraction: ripple effect on domestic businesses

04/10/2018 21:19

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. 

Vietnam boasts many advantageous exports to Romania: Ministry

15/04/2019 22:16

Romania is a market of great potential to Vietnam’s exports like tropical fruits (fresh and canned), seafood (frozen and canned), coffee, pepper, cashew nut and pork, although the European country has a relatively developed agriculture, according to the Ministry of Industry and Trade.

Southern region attracts strong wave of investment from RoK

16/03/2019 21:27

Southern localities of Vietnam has been a major destination for investment from the Republic of Korea (RoK) in recent years, and local textile-garment and footwear industries have proved to be a magnet for an influx of capital from this country.

Agro-forestry-fishery exports decline slightly since 2018

01/03/2019 21:59

Vietnam’s agro-forestry-fishery exports in February hit 1.93 billion USD, bringing the figure in the first two months of this year to 5.5 billion USD, a decrease of 1.6 percent year-on-year, according to the Ministry of Agriculture and Rural Development (MARD).

Blue Whale gas field project to be launched in Quang Nam

01/03/2019 20:56

Deputy head of the Party Central Committee’s Economic Commission and Chairman of the Vietnam Oil and Gas Group’s Member Council Tran Sy Thanh held a working session with authorities of the central province of Quang Nam on March 1 to discuss the launch of Blue Whale gas field project – the largest of its kind in Vietnam. 

ASEAN should be well-prepared for economic "headwinds"

14/02/2019 19:07

Member states of the Association of Southeast Asian Nations (ASEAN) should prioritise progress on regional initiatives to cope with major economic headwinds in the context of increasing US-China trade tensions, according to eastasiaforum.org.

Building brand name for Vietnam’s coffee

15/08/2018 21:36

Vietnam is one of the largest coffee producers in the world, earning more than 3 billion USD from the export of coffee bean each year, but the country mainly sells beans as material with low added value. 

VN currency suffers from US-China trade war

24/07/2018 21:36

The Government will have to decide either to devalue the Vietnamese dong further against the US dollar to support exports and avoid cheaper Chinese goods to flood in the local market, or keep the dollar/dong exchange rate stable to avoid increased public debt and control inflation as the US-China trade war accelerates.

Hanoi’s economy performs well in five months

05/06/2018 22:39

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. 

VN, France urged to make economic ties on par with political bonds

27/03/2018 12:08

General Secretary of the Communist Party of Vietnam (CPV) Central Committee Nguyen Phu Trong asked Vietnam and France to bring their cooperation, especially in trade and investment, on par with their political ties while meeting with President of France’s National Assembly Francois de Rugy in Paris on March 26.