January-May foreign investment pledges hit four-year record

January-May foreign investment pledges hit four-year record

NDO - Foreign direct investment (FDI) pledges to Vietnam in the first five months of 2019 reached US$16.74 billion, the highest figure in the last four years, according to the Foreign Investment Agency (FIA). (May 25, 2019 16:46:53)

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Vietnam, Norway boost economic, trade partnership

  May 23, 2019 21:25:35
NDO/VNA – The economic, trade and investment relations between Vietnam and Norway have reaped positive outcomes in recent time, according to Minister of Industry and Trade Tran Tuan Anh. 

Clearing hurdles to enable private sector’s greater participation in public service delivery

  May 23, 2019 12:11:22
NDO - A government decree issued in 2013 has raised the number of public services which are subject to bidding from 8 to 26, thereby allowing and encouraging the private sector to take a larger part in the provision of public services which were previously restricted to state-owned enterprises. 

Improving production capacity needed for boosting wood product exports: experts

  May 22, 2019 18:19:50
NDO – Raking in export value worth US$2.3 billion, wood and wooden products became the highest increase among the groups of Vietnamese products with export value of over US$1 billion in the first quarter this year. This is a good start, however, the wood industry is still facing difficulties, requiring more efforts to achieve the export target set for 2019. 

Vietnam among most attractive investment destinations in ASEAN

  May 22, 2019 16:38:37
NDO - Vietnam is among the most attractive investment destinations in ASEAN for private equity investment, according to Grant Thornton Vietnam, in its latest issue of the Vietnam Private Equity Investment Outlook 2019. 

Digital economy to fuel Vietnam’s rapid growth in future

  May 22, 2019 16:36:18
NDO – A report on the future of Vietnam’s digital economy until 2030 and 2045, featuring four scenarios inVietnam’s digital economy, was announced by Australia’s leading data innovation group, Data61|CSIRO, and the Ho Chi Minh City Centre for Science and TechnologyProgress Application on May 22. 

Market’s liquidity stays stable amidst exchange rate uptrend

  May 22, 2019 12:28:38
NDO/VNA - The monetary market’s liquidity has remained stable and foreign currency supply and demand are relatively balanced amidst the uptrend of USD/VND exchange rates over the last few days, an official from the State Bank of Vietnam (SBV) has assured. 

Deputy PM chairs meeting of Vietnamese, Russian businesses

  May 22, 2019 11:16:34
NDO/VNA - Deputy Prime Minister Trinh Dinh Dung on May 21 chaired a meeting between representatives of 100 Vietnamese firms in Vietnam and Russia and Russian businesses to foster partnerships between the two sides. 

Vietnam promotes agricultural products in China

  May 21, 2019 13:08:49
NDO - The Vietnam Agricultural Trade Promotion Forum was held in Liaoning province, China, on May 20 with the participation of more than 100 Vietnamese and Chinese agricultural enterprises. 

National Steering Committee on IUU Fishing Prevention set up

  May 21, 2019 11:50:44
NDO/VNA – Prime Minister Nguyen Xuan Phuc has approved the establishment of the National Steering Committee on Illegal, Unreported, and Unregulated (IUU) Fishing Prevention and Control.  

Vietnam's first-quarter GDP sees 6.79% growth: Government report

  May 21, 2019 11:32:29
NDO/VNA – Deputy Prime Minister Truong Hoa Binh presented the Government’s report on the implementation of socio-economic development in the first quarter of 2019 and measures for the remaining months of the year at the opening meeting of the 7th session of the 14th National Assembly on May 20. 

First solar power plant in Binh Dinh joins national grid

  May 20, 2019 20:58:19
NDO/VNA – Cat Hiep solar power plant has become the first of its kind in the central province of Binh Dinh to join the national grid on May 20. 

Indian group explores investment opportunity in Ho Chi Minh City

  May 17, 2019 17:37:25
NDO – Hindustan Computers Limited (HCL) is planning to establish an information technology (IT) centre in Ho Chi Minh City with the capacity of training and recruiting around 10,000 engineering technologists within the next five years.  

Vietnam calls for investment in North-South Expressway

  May 17, 2019 15:53:32
NDO - The Ministry of Transport (MOT) held a conference on May 17 to call for investment in a number of sections of the eastern North-South Expressway. 

Facilitating capital sources for development investment

  May 17, 2019 15:38:34
NDO - The outstanding credit of the banking system was equal to 130% of the GDP by the end of 2018, while market capitalisation was only equivalent to 71.6% of the GDP and the total value of listed bonds reached VND1.1 quadrillion (US$47.3 billion), equivalent to 20.3% of the GDP. The imbalance between the monetary market and the capital market continues to put pressure on the banking system.