Manufacturing and processing industry occupies nearly 85% of FDI in Q1

Manufacturing and processing industry occupies nearly 85% of FDI in Q1

NDO—Foreign enterprises have invested in 18 sectors in the first quarter of this year, with US$6.54 billion poured into the manufacturing and processing industry, accounting for 84.9% of the total registered foreign direct investment (FDI) capital, according to the Foreign Investment Department.  (Mar 24, 2017)

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VAMC recovers over VND50 trillion in bad debt since 2013

  Mar 18, 2017
NDO - The Vietnam Asset Management Company (VMAC) reported that it has recovered VND50.165 trillion (US$2.2 billion) of bad debt since 2013, equivalent to 17.6% of the total debt it had purchased from credit institutions.  

Vietnam asks India to lift suspension of import of Vietnamese goods

  Mar 17, 2017
NDO/VNA – The Ministry of Industry and Trade (MoIT) has sent a diplomatic note to India requesting the country follow international practices and early lift its suspension of the import of some Vietnamese products.  

Nearly VND165 billion for fisheries restructuring in 2017-2020

  Mar 17, 2017
NDO/VNA – As many as VND164.8 billion (US$7.16 million) will be earmarked for technology transfer serving the restructuring of the fisheries sector during 2017-2020 under a scheme recently approved by the Ministry of Agriculture and Rural Development (MARD).  

Da Nang tops competitiveness ranking for fourth consecutive year

  Mar 14, 2017
NDO - Da Nang remains the best performer on the latest provincial competitiveness index (PCI) ranking for the fourth year in a row, followed by Quang Ninh and Dong Thap provinces. 

Measures discussed to formulate coordinated and effective national industrial policies

  Mar 11, 2017
NDO – Measures for Vietnam's national industrial development policy by 2025 with a vision to 2035 were discussed at an international conference held in Hanoi on March 10 by the Party Central Committee's Economic Commission in collaboration with the Ministry of Industry and Trade.  

Deputy PM calls for joint efforts to improve national business climate

  Mar 10, 2017
NDO/VNA—Deputy Prime Minister Vu Duc Dam has asked for a concerted effort and the responsibility of all Vietnamese enterprises to further improve the national business climate and competitiveness in line with the spirit of the Government’s Resolution No. 19.  

Vietnam promotes trade in Egypt

  Mar 10, 2017
NDO/VNA—The Vietnam Embassy in Egypt is willing to support local firms in seeking Vietnamese partners to study each other’s market, stated Ambassador Do Hoang Long at a trade promotion workshop in Mansoura in Egypt’s Dakahlia Province on March 9.  

Coffee fair attracts 234 domestic, foreign exhibitors

  Mar 10, 2017
NDO/VNA – As many as 234 domestic and foreign enterprises are showcasing their top-quality products at a coffee fair which opened in the Central Highlands province of Dak Lak on March 9. 

Vietnam's economy forecast to grow 6.5%

  Mar 09, 2017
NDO - Economists made comments on the outlook of Vietnam's economy in 2017 at a workshop held in Ho Chi Minh City on March 9 with an expected economic growth rate at 6-6.5%.  

Stock market capitalisation reaches highest level

  Mar 09, 2017
NDO – Up until now, market capitalisation on Vietnam’s stock exchange has recorded nearly VND2.3 quadrillion (over US$99 billion), equivalent to 50.3% of GDP, up 16% compared to the end of 2016 and reaching the highest level ever since the establishment of Vietnam’s stock market.  

Thanh Hoa: Nghi Son Economic Zone to be expanded

  Mar 09, 2017
NDO—Prime Minister Nguyen Xuan Phuc has approved the task of adjusting and expanding the general plan for the construction of Nghi Son Economic Zone in the north-central province of Thanh Hoa by 2025, with a vision to 2050. 

UN meeting looks to accelerate trade facilitation agreement

  Mar 08, 2017
NDO/VNA—Accelerating the implementation of the WTO’s Trade Facilitation Agreement and the UN Customs Convention on the International Transport of Goods was a focus of discussions on March 8 at the ongoing UN high-level meeting on improving cooperation on transit and trade facilitation in Hanoi.  

Vietnam attends largest food fair in Japan

  Mar 08, 2017
NDO/VNA—Vietnamese food is drawing attention at the 42nd FOODEX, Japan’s largest international food and beverage exhibition, which opened in Chiba Prefecture on March 7. 

New challenges call for new measures to boost exports to US

  Mar 06, 2017
NDO - The US remains the largest market for Vietnamese goods, recording US$6 billion in the first two months of 2017, but due to the bleak outlook of the Trans-Pacific Partnership (TPP), Vietnam is facing many challenges in boosting exports to the world’s largest economy.