Việt Nam News

The Ministry of Agriculture and Rural Development plans to promote activities under the Partnership for Sustainable Agriculture in Việt Nam (PSAV), aiming at a sustainable and comprehensive agricultural value chain.

Việt Nam utilises 11 million tonnes of fertiliser annually and its consumption of local products is rising, the Ministry of Industry and Trade said.

The southern province of Bình Phước is seeking investors to inject more capital into its 13 industrial parks and spur industrialisation, the People’s Committee said.

Việt Nam’s trade deficit rose by US$100 million in the first month of the year after enjoying a trade surplus of billions of dollars in 2016.

Beverage producers have planned to produce about 4 billion litre of beer in 2017, up by 10 per cent from 2016, according to the Vietnam Beer Alcohol Beverage (VBA).

The Ministry of Finance is drafting a document for the next generation Law on Securities in an effort to complete legislation for the securities market in line with the overall development scheme of the broader financial sector.

The year-end peak season has been an excellent one for the retail sector in HCM City.

Business confidence is expected to improve in 2017, following the Government’s hastened reform efforts aiming to create momentum for firms and boost start-up entrepreneurship.

The Vietnamese beauty market saw stable growth last year, with a year-on-year increase of four per cent, and is expected to thrive in the years to come.

The January’s CPI also experienced a year-on-year rise of 5.2 per cent, much higher than 1 per-cent growth seen in same period last year.

The VN Index on the HCM Stock Exchange rallied for a fifth session on Thursday as investor confidence was bolstered by positive earnings reports from listed companies.

Foreign direct investment (FDI) into Việt Nam in 2017 reached US$1.42 billion from the beginning of the year until January 20, according to data from the General Statistics Office.

The People’s Committee in southern Bình Thuận Province has given its approval in principle to the Đa Nhim-Hàm Thuận-Đa Mi Joint Stock Company for a project on Đa Mi Lake.

Two waves of European investment will hit Việt Nam after the European Union – Vietnam Free Trade Agreement is signed, a foreign expert has forecast.

Garment corporations expect to earn more through improved production and increased exports, hope to attract investments and go ahead with their expansion plans in 2017.

Vietnamese shares are expected to increase on both local exchanges in the first trading session of the new lunar year on February 2, approaching a fresh nine-year high, according to securities firms.

Việt Nam hopes to increase the exchange of economic information with South Africa and enhance connectivity between businesses of the two countries, the Vietnamese ambassador to South Africa has said.

The dollar struggled to regain its poise on Wednesday after the Trump administration accused Germany, Japan and China of devaluing their currencies to gain a trade advantage, adding to a risk-off mood that also kept stocks subdued.