Việt Nam News

Deputy Prime Minister Vương Đình Huệ met with Chairman of The European Chamber of Commerce in Vietnam (EuroCham) Jens Ruebbert yesterday to discuss bilateral trade and upcoming economic co-operation.

The Việt Nam Asset Management Company (VAMC) will need more capital to further benefit from the National Assembly’s recent resolution on the settlement of non-performing loans (NPLs), experts said.

The Government of Việt Nam will create favourable conditions for ExxonMobil to implement projects in the country, Prime Minister Nguyễn Xuân Phúc has said.

The southern province of Hậu Giang will organise an investment promotion conference in the middle of September to attract investment capital for its key projects.

With its strategic geographic location and ports and airports, El Salvador can be a gateway for Vietnamese goods to enter American markets, especially Central American, according to the Việt Nam Chamber of Commerce and Industry.

Vietnam Technological and Commercial Joint Stock Bank (Techcombank) will put 500 million shares on sale in two phases to raise charter capital from VNĐ8.8 trillion ($387.6 million) to VNĐ13.8 trillion.

The People’s Committee of Bà Rịa-Vũng Tàu Province on Monday warned that certificates granted to delayed projects would likely be withdrawn if their investors fail to seek solutions to continue implementing them.

Around 40 leading Vietnamese export firms attended a conference on Việt Nam-Middle East business co-operation in Hà Nội on Monday.

Both stock indices advanced on Monday while investors are pouring money in speculative stocks to seek short-term profits.

Seafood exports in the second half of the year are expected to rise by 11 per cent to US$4.46 billion, according to the Việt Nam Association of Seafood Producers and Exporters (Vasep).

Vietnamese Deputy Prime Minister Vương Đình Huệ, along with other ministrial and provincial leaders visited the northern coastal province of Quảng Ninh'sVân Đồn Island District on Saturday to inspect constructions which are being implemented.

Việt Nam should strictly follow and continuously update its policies and regulations when exporting products to the US, which is considered a difficult market with rigorous requirements.

The Military-run telecom group, Viettel is expected to offer the world’s first 4G Only network in Myanmar in the first quarter of 2018, marking its first steps in the country.

The speedy repossession of collateral is a credit-positive step for Vietnamese banks, which continue to grapple with legacy asset-quality issues caused by rapid credit growth and loose underwriting standards of the past decade, Moody’s Investors Services said in a note on Monday.

Australia last week announced that it would permit the import of Vietnamese dragon fruit, making Việt Nam the first country to get licence to export fresh dragon fruit there.

Việt Nam may not reach this year’s targeted cashew export value of US$3.3 billion, due to a shortage of raw materials for cashew export processing.

Việt Nam will reform rice production to gain sustainable development in the production and export of rice, according to Việt Nam’s Rice Market Development Strategy from 2017 to 2020.

The foreign investment is looking up, as the total capital pledged for investment in the country until August 20 was nearly equal to that for the entire 2016.