Solutions needed to take advantage of TPP
The Trans-Pacific Partnership (TPP) trade agreement will be signed today in New Zealand. Minister of Industry and Trade Vu Huy Hoang talked to Vietnam News Agency reporters Khanh Linh and Kim Anh about how the pact's conclusion matters for Viet Nam and domestic enterprises, before he travels to New Zealand for the signing ceremony.
Petrol management sees results
The petrol management of the Ministry of Industry and Trade (MoIT) and Ministry of Finance has seen positive results. This has been voted as one of 10 outstanding events of the two ministries. MoIT's deputy minister Do Thang Hai talked to the media about the issue.
HCM City's love affair with FDI to continue
In 2015 HCM City continued to lead Viet Nam in attracting foreign directed investment with inflows of US$4.5 billion.
Trade deals mean VN retailers must improve
Pressure from fierce competition will increase in the local retail market this year after the ASEAN Economic Community (AEC) was established and as the Trans-Pacific Partnership (TPP) deal will come into effect in the next couple of years. Therefore, local retail enterprises need to improve the competitiveness of the goods retail distribution system.
Flexible fx rate mechanism stabilises market
On Monday, the State Bank of Viet Nam (SBV) began applying a daily-adjusted "central rate" instead of maintaining a fixed reference rate for a long period of time.
Trade deficit won't stop growth
In 2015, Viet Nam had a trade deficit of US$3.2 billion after three consecutive years of posting trade surpluses. In 2016, the trade deficit could continue and even increase because many of the free trade agreements (FTAs) coming into effect.
US rate hike unlikely to have big VN impact
The United States Federal Reserve (FED) on December 16 raised its benchmark interest rate by a quarter of a percentage point to between 0.25 percent and 0.50 percent for the first time in nearly a decade.
Viet Nam's aviation boom demands better
Brian Davis, vice president of US company Honeywell Aerospace in charge of airlines in the Asia Pacific, spoke with Viet Nam News correspondent Nguyen Ngoc Duy about this and more during a business trip to Ha Noi on December 7.
Local firms must pay attention to AEC integration
The ASEAN Economic Community (AEC) will be officially es-tablished on December 31, 2015 and Viet Nam will be a member of the community. The Government and ministries have had good preparation for integrating into the community. However, local enterprises don't seem to be ready for their performance in the new playground.
Gov't should take venture capital lead
Venture capital is a relatively new concept for many Vietnamese. So the Government should attract in-vestors to the field. Minister of Science and Technology, Nguyen Quan speaks to Viet Nam News reporter Vu Hoa about it.
Economic growth story to continue through 2016
Viet Nam has seen clear progress this year in many areas like banking sector reforms, capital markets and foreign investment.

Highlight

Teacher's long fight for justice pays off Teacher's long fight for justice pays off

Nguyen Than spent years trying to prove the innocence of his former student, wrongfully convicted on a murder charge 18 years ago.

Passion motivates circus artists to take risks Passion motivates circus artists to take risks

The circus has always been about performers attempting precarious and daring acts in exchange for the intangible reward of the roar of the crowd.

New flowers grown for Tet New flowers grown for Tet

Farmers in the Cuu Long (Mekong) Delta will offer new varieties of flowers for the upcoming Tet (Lunar New Year) holiday, which falls on February 8 this year.

VN strives to reform customs ahead of FTAs VN strives to reform customs ahead of FTAs

The World Trade Organisation's Trade Facilitation Agreement (TFA) would boost customs reforms to facilitate trade across borders in line with international standards, an official has said.