Việt Nam: 30 years of FDI and counting

Việt Nam’s Ministry of Planning and Investment (MPI) is drawing up a report summing up 30 years of foreign direct investment (FDI) since approval of the national Law on Foreign Investment, looking back at the impact of opening the country’s doors to multinational companies.

High-tech farming development sluggish

The development of high-tech agriculture in Việt Nam remains sluggish due to unplanned and small-scale production, and is not commensurate with the country’s comparative advantages and efforts.

Market rebounds on large-caps

Shares rebounded yesterday after four consecutive downturns on the two national stock exchanges last week, boosted by recovery of large-cap stocks.

Bắc Giang posts high growth in loans

Outstanding loans of credit institutions in the northern Bắc Giang Province touched VNĐ34.4 trillion (US$1.52 billion) in the first seven months of 2017, up 10 per cent since last December.

Bad debt measures go into effect

A National Assembly resolution on nonperforming loans takes effect tomorrow with lawmakers hopeful it will help resolve much of the remaining bad debts held by commercial banks and real estate projects across the nation.

Industrial park occupancy rate reaches 73%

The occupancy rate at operational industrial parks (IPs) nationwide has hit 73 per cent, according to the Economic Zone Management Department under the Ministry of Planning and Investment.

Stable H2 economy forecast

Việt Nam’s business climate is anticipated to improve in the second half of 2017, but economic growth will be at 6.5 per cent, falling short of the Government’s target.

Stocks stay down on low investor confidence

Vietnamese shares have had a rough losing week and the next five trading sessions at least are likely to trade negatively, according to analysts and brokerage companies.

VINASA’s programme honours top 50 IT firms

The Việt Nam Software Association (VINASA) has launched a programme to choose Việt Nam’s top 50 IT companies 2017, aiming to honour the leading IT firms and connect promising partners inside and outside the country.

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