Việt Nam News

Việt Nam has experienced increasing demand for modern machinery and production technologies, experts said at the conference

The National Steering Committee for Combating Smuggling, Commercial Fraud and Counterfeit Goods has asked the handling of violations related to “made-in-Việt Nam” origin fraud to be enhanced.

The Vietnamese cosmetics market has grown strongly in recent years given the rapid economic growth and large young population, the Việt Nam Association of Essential Oils, Aromatherapy and Cosmetics has said.

Việt Nam’s seaculture area is set to reach 270,000ha with expected marine production of 750,000 tonnes by 2020.

Japan was a key market for the Vietnamese tourism sector, Deputy Ambassador of Vietnam to Japan Lâm Thanh Phương said yesterday, predicting that the exchange of tourists between the two countries would reach 1.5 million arrivals by 2020.

Việt Nam needs to adjust its development strategy for the mechanical engineering industry to ensure it develops sustainably.

Enterprises should cooperate with universities and research institutes on high-tech solutions to develop the city’s key industrial products, experts have said.

US businesses expected progressive changes and clear improvements in both hard and soft infrastructure as well as policies for investment and business co-operation in Việt Nam, said Vice Chairwoman of the Vietnam Chamber of Commerce and Industry (VCCI) Virginia Foote.

Developers in the south are ignoring the workers’ housing segment despite the huge demand for it, analysts said.

A complex intended to connect Japanese and Vietnamese firms involved in supporting industries will be developed in the Hà Nội Southern Supporting Industrial Park (HANSSIP).

The escalation of the US-China trade war continued to cast a shadow over global markets on Tuesday, but Vietnamese shares still posted gains.

The international exhibition on products and services for maternity, mothers and children and kids, VIETBABY 2019, will be held in HCM City from May 30 to June 2, with the participation of more than 150 local and foreign exhibitors.

The Mekong Delta city of Cần Thơ expects to receive Canadian investment in high-tech agriculture so that local staples can meet stringent requirements in some foreign markets.

The expansion of Việt Nam’s road network would continue in the next decade in order to support growing freight transport volumes due a projected increase in economic activity, Fitch Group’s Fitch Solutions Macro Research forecast in a report released on Tuesday.

The Asian Development Bank (ADB) has received US$20.2 million from the Women Entrepreneurs Finance Initiative (We-Fi) to support women-led small and medium-sized enterprises (WSMEs) to access critical financing and training in Việt Nam and the Pacific.

Bitel, a brand of Viettel Peru has won a US$27 million contract to provide information and technology infrastructure for 1,837 schools in Peru.

Việt Nam’s insurance industry maintained positive growth in the first four months of this year, with total premiums surging by 17 per cent year-on-year to VNĐ44.3 trillion (US$1.9 billion), the Ministry of Finance reported.

Việt Nam and the US agreed to further strengthen financial-monetary cooperation, economy, trade and investment ties to promote the bilateral relations between the two countries, leading up to the 25th anniversary of the establishment of Việt Nam-US diplomatic relations in 2020.