FDI disbursement surges in Q1
Disbursement of foreign direct investment (FDI) increased 7 per cent to end at US$3.05 billion in the first quarter of the year, according to the Ministry of Planning and Investment's Foreign Investment Agency.
P&G invests $100m in Gillette razor plant
Procter & Gamble (P&G) Viet Nam yesterday (March 26) announced an investment of US$100 million to build a Gillette razor plant in Vietnam Singapore Industrial Park II, in Ben Cat District in Binh Duong Province, in a ceremony to celebrate its 20th anniversary in the country.
VN records $1.8b trade deficit
Viet Nam recorded a trade deficit of US$1.8 billion in the first three months of this year, accounting for 9 per cent over the total export-import turnover.
Agroforestry exports decline
Exports of agricultural, forestry and fisheries products dropped sharply during the first quarter of this year, with major export products posting declines in both volume and value.
Forex market calms down after SBV pledges to stabilise rate
The foreign exchange (forex) market cooled down yesterday after the State Bank of Viet Nam (SBV) committed to keeping the exchange rate stable.
Mining, manufacturing push GDP up 6% in Q1
Viet Nam's gross domestic product (GDP) edged up 6.03 per cent in the first quarter of this year on the strength of "effective contributions" from mining and manufacturing industries, the General Statistics Office (GSO) announced yesterday.
Quang Binh seeks more investors
The Department of Culture, Sports and Tourism of Quang Binh, the provincial Tourism Association and travel firms held a conference in HCM City on Tuesday to promote tourism in the central province and seek investment in the sector.
Price of petroleum remains steady
Local petroleum retail prices remain unchanged at VND17,286 (US$0.80) per litre yesterday, while the Government has asked the stabilisation fund to be reduced.
Foreign selling leads to slump
The national stock market continued to slump as foreign investors yesterday extended their total net selling value to VND266 billion (US$12.6 million) with a total trading volume of 22.6 million shares. This nearly tripled Wednesday's figure.
Healthy banks attract int'l interest: analysts
Domestic commercial banks can forge strategic co-operation with foreign investors if they clear their bad debts and prove their future potentials, analysts say.
Viet Nam approves tax treaty with Iran
The Government recently approved a mutual tax avoidance agreement between Viet Nam and Iran.
PR firms remain attractive for foreign buyers
PR firms remain attractive for foreign buyers

Earlier this month Japanese multinational media and digital marketing communications firm Dentsu Aegis Network signed an agreement to acquire a stake in Emerald Co. Ltd, a leading full service digital marketing agency in Viet Nam.

Highlight

Experts slam failure to save old trees Experts slam failure to save old trees

Distinguished scientists and experts in the field of urban planning raised many challenges at a conference yesterday to review Ha Noi's urban tree planning.

Whistleblowers to be rewarded up to US$160,000 1    Whistleblowers to be rewarded up to US$160,000

The Ministry of Home Affairs and the Government Inspectorate have issued a joint circular announcing that whistleblowers will be rewarded up to VND3.4 billion (US$160,000).

Daewoo founder seeks to inspire youth Daewoo founder seeks to inspire youth

As you get older, you spend hours regretting each minute you wasted in your youth, which flies by.

IZ firms find pollution controls too expensive IZ firms find pollution controls too expensive

Many companies in industrial zones claim they lack capital to introduce equipment to save energy and lessen emissions.

Caves in Quang Binh will soon echo with the sounds of runners Caves in Quang Binh will soon echo with the sounds of runners

Quang Binh, home of the biggest cave in the world, Son Doong, is offering visitors treks, caving tours and a race.