Vietnam and Thailand aim for bilateral trade of US$20 billion by 2020

Vietnam and Thailand aim for bilateral trade of US$20 billion by 2020

NDO - Vietnam’s Trade Promotion Agency signed a cooperative agreement with Thailand’s Kasikornbank on May 23 as part of a series of measures to boost trade between the two countries to US$20 billion by 2020. (May 23, 2017)

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Trade deficit places pressure on exchange rates

  May 22, 2017
NDO - Vietnam posted a trade deficit of US$2.74 billion for the first four months of this year, which increased pressure on foreign exchange rates. However, due to the large reserve of foreign currencies, exchange rates are expected to remain stable in the coming time. 

Dung Quat Refinery plans for IPO

  May 22, 2017
NDO/VNA – Vietnam’s first oil refinery operator Binh Son Refinery and Petrochemical Co Ltd (BSR) has planned its domestic initial public offering (IPO) with 5-6% of its capital in the fourth quarter of the year. 

Vietnam stands firm with full-year growth target of 6.7%

  May 22, 2017
NDO - The Vietnamese government will not revise its growth target for 2017, remaining determined to ensure the economy will grow by 6.7%, Deputy Prime Minister Truong Hoa Binh told the National Assembly on May 22. 

APEC Ministers Responsible for Trade Meeting concludes

  May 21, 2017
NDO/VNA - The 23rd APEC Ministers Responsible for Trade Meeting (MRT 23) wrapped up in Hanoi on May 21 after two working days, producing practical outcomes that will contribute to boosting the process of realizing APEC Year 2017’s themes and priorities, and laying the foundation for the next steps towards the APEC Economic Leaders’ Week in November.  

Ministers discuss TPP on sidelines of APEC meeting

  May 21, 2017
NDO/VNA - Ministers and vice ministers from Australia, Brunei Darussalam, Canada, Chile, Japan, Mexico, New Zealand, Malaysia, Peru, Singapore and Vietnam met in Hanoi on May 21 to discuss the Trans-Pacific Partnership (TPP) Agreement on the margins of the 23rd Meeting of the Asia-Pacific Economic Cooperation (APEC) Ministers Responsible for Trade (MRT 23).  

Vietjet opens Da Nang – Seoul route

  May 20, 2017
NDO/VNA - The budget carrier Vietjet Air on May 19 opened a new route connecting Vietnam’s central city of Da Nang with Seoul, the capital city of the Republic of Korea (ROK). 

Fitch upgrades Vietnam’s outlook from stable to positive

  May 20, 2017
NDO - Credit ratings agency Fitch has revised Vietnam’s outlook from stable to positive and affirms the country’s ratings at BB-.  

Vietnam’s fruit and vegetable exports hit new record

  May 20, 2017
NDO - Fruit and vegetable exports in the first four months of the year surged by 32.6% over the same period last year to US$1 billion, which is considered a new record as the peak time is yet to arrive.  

Deputy PM Hue vows to promote formation of start-up ecosystem

  May 20, 2017
NDO - The government will work to advance the formation of a start-up ecosystem in Vietnam, said Deputy PM Vuong Dinh Hue during discussions with representatives of the start-up companies along with small and medium-sized enterprises on May 19.  

Da Nang Airport’s dedicated international terminal inaugurated

  May 20, 2017
NDO - Da Nang Airport’s international terminal T2 was formally put into operation on May 19 after nearly one and a half years of construction.  

Vietnam urges Australia to remove ban on raw shrimp

  May 19, 2017
NDO/VNA – The Ministry of Industry and Trade (MoIT), in coordination with the Ministry of Agriculture and Rural Development, is working with Australia’s relevant agencies towards the early lift of Australia’s ban on the import of shrimp and shelled raw shrimp.  

Forum updates Indonesian firms on Vietnam’s business climate

  May 19, 2017
NDO/ VNA – A Vietnam-Indonesia forum on trade, business and investment promotion has been held in Surabaya city, the capital of Indonesia’s East Java province to update local firms on the business climate in Vietnam. 

APEC Senior Finance Officials Meeting wraps up

  May 19, 2017
NDO/ VNA - The APEC Senior Finance Officials Meeting (SFOM) concluded in the northern province of Ninh Binh on May 19 after two working days. 

Thanh Hoa attracts US$6 billion in 32 investment projects

  May 19, 2017
NDO - More than 30 projects in the north central province of Thanh Hoa worth a total of VND135.3 trillion (US$6 billion) were given the green light at an investment promotion conference held on May 18.