Việt Nam News

The attraction of foreign direct investment (FDI) in the southern province of Đồng Nai has, so far, this year surpassed the US$1 billion target set for the entire 2017.

Hà Nội has called for investments from Finland in water supply, renewable energy, waste treatment and smart-city solutions.

 Calculation of petroleum import tax based on weighted average of the tariffs along with locally produced petrol from Dung Quất Oil Refinery would benefit consumers, Vũ Thị Mai, deputy minister of finance, said.

Themed “Việt Nam: We Mean Business,” the first-ever Việt Nam Business Summit, a highlight of the 25^th APEC Leaders’ Week, opened at the Ariyana Conference Centre on Tuesday with the participation of more than 2,000 delegates, representing local and foreign business leaders.

The Government's Advisory Council for Administrative Procedure Reform (ACAPR) has proposed a number of measures to reduce procedures and expenses for enterprises.

It was critical for export processing zones (EPZs) and industrial zones (IZs) in HCM City to renovate strategies towards high-technology and green development to contribute to enhancing the southern city’s economic growth quality.

Việt Nam wants to enhance co-operation with international organisations to promote the development of agricultural co-operatives, especially in supporting market access and management capacity, participants said at a seminar in HCM City on Monday.

According to the Ministry of Finance (MoF), ministries have approved the restructuring plans of additional State-owned enterprises (SoEs), with the latest including the Vietnam Mobile Telecom Services One Member Limited Liability Company (Mobifone) and the Vietnam Post Corporation (VnPost), in line with the State’s SoEs restructuring action plan.

The three highest floors of Bitexco Tower in HCM City will house the Heineken museum from now to the end of the year.

Efficient telecommunications are a top priority for successfully organising an important event like the APEC Summit, which is now on in Đà Nẵng. Tào Đức Thắng, deputy general director of the country’s leading telecom service provider, Viettel Group, which is providing the telecom services and is in charge of cyber security, speaks to the Việt Nam News about his company’s preparations.

Executive Chairman of the Chinese Alibaba Group Jack Ma on Monday highlighted the significance of mobile payment development but said that the services is still facing an obstacle from Vietnamese consumers due to their deep-seated hesitation.

Shares closed Monday’s trade in positive note following last week’s gains thanks to continuous expansion of large-cap stocks.

Four leaders of Việt Nam’s large corporations have been invited to participate in the APEC CEO Summit 2017, being held from November 8 to 10 in the central city of Đà Nẵng.

The Vietnam Electronic Payment Forum 2017 (VEPF) themed "Mobile Payment - a factor to promote the non-cash economy" officially opened this morning in Hà Nội.

The ninth Vinacas Golden Cashew Rendezvous will be held in Phú Quốc Island from November 13 to 15 to promote trade, and expand markets for cashew products as well as help cashew growers and processing firms raise their incomes, and develop the cashew sector in a sustainable manner.

Exporters will no longer be allowed to borrow bank loans in foreign currencies beginning next year, if the State Bank of Việt Nam (SBV) does not extend a circular regulating the loans.

According to the Ministry of Planning and Investment, as of September 20 banking credit growth was only 11.02 per cent against a full-year target of 21 per cent.

The export of tra (catfish) is still facing difficulties although exports for January-September hit US$1.3 billion, up 5.8 per cent over the same period last year, said the Vietnam Association of Seafood Exporters and Producers (VASEP).