Việt Nam attracts less FDI in first half of the year

Foreign investors registered to pour US$1.73 billion into Việt Nam in June, bringing the total amount of foreign direct investment (FDI) committed to the country in the first six months of the year to $18.47 billion, down 9.2 per cent year on year. Experts have said the decline is due mainly to a number of large-scale projects that received licences in June last year.

Việt Nam, EU to sign EVFTA on June 30 in Hà Nội

The European Council announced on Tuesday that it has approved the European Union – Việt Nam Free Trade Agreement (EVFTA) and the EU – Việt Nam Investment Protection Agreement (EVIPA), and assigned the EU to sign the deals with Việt Nam on June 30 in Hà Nội 

Việt Nam posts trade surplus as of June 15

Rising export value this month has helped Việt Nam gain a trade surplus for the year so far of nearly US$70 million as of June 15 after posting a trade deficit of $434 million in the first five months.

Rice exports face tough time amid huge global supply

With an abundant global supply and high inventory in major exporting countries, Việt Nam is expected to struggle to secure exports of rice in the second half of the year, speakers said yesterday at a conference held in HCM City.

MARD plans to develop more quality plant and animal breeds

The Ministry of Agriculture and Rural Development (MARD) will continue to develop breeding sources for the agriculture sector according to the needs of market, said Minister of Agriculture Nguyễn Xuân Cường at a workshop held to review the seed production plan.

Clean production gets fruity in export

In the coming year, the value of Vietnamese goods sold into modern retail system Aeon Group (Japan) will likely reach US$0.5 billion and is expected to reach $1 billion in the next five years.

Cashless payment remains low in Việt Nam

The ratio of cashless payments in Việt Nam remains low at only 11.49 per cent of total means of payment, according to a recent report from the Central Institute for Economic Management (CIEM).

Korea Exim Bank opens $2 billion credit line to PetroVietnam

The Export-Import Bank of Korea said on Sunday that it has agreed to open a US$2 billion credit line to Việt Nam’s State-owned Vietnam Oil and Gas Group (PetroVietnam) in a bid to help more South Korean companies venture into the fast-growing economy.

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