DICO to sell 45% State capital to investors

The Prime Minister has approved the equitisation plan to offload the State’s capital in the Việt Nam Urban and Industrial Zone Development Investment Corporation (IDICO).

VN, Czech firms see co-operation potential

Though business ties between Việt Nam and the Czech Republic have seen dynamic development, there remains great potential to develop trade and investment ties between the two nations.

VN eyes more fruit exports to Japan

Even as Japan is the fifth largest importer of Việt Nam’s agricultural products, only three kinds of Vietnamese fresh fruits are being sold in the country.

SME support won’t be in cash

Support provided to small and medium-sized enterprises (SMEs) will not be in cash, but rather take the form of favourable conditions in order for SMEs to grow, Deputy Minister of Planning and Investment Đặng Huy Đông has said.

VIAC encourages alternative dispute resolutions

The Vietnam International Arbitration Centre (VIAC) organised a workshop yesterday with the International Finance Corporation (IFC) to promote the use of alternative dispute resolution (ADR) methods in the banking and finance sector.

Bank shares lift VN-Index over 750

The benchmark VN-Index overcame the threshold of 750 points on Tuesday, boosted by strong growth of the banking sector. Recently announced Government support policies have led to positive predictions for the sector this year.

SCIC sells stakes in 13 companies

The State Capital Investment Corporation (SCIC) has successfully sold its stakes in 13 companies in the first five months of this year to collect VNĐ148 billion (US$6.5 million).

PM calls for high-tech Japanese investments

Prime Minister Nguyễn Xuân Phúc called for Japanese investments in high technology-based, environment-friendly and human development projects at a working session with 60 Japanese information technology (IT) companies on Tuesday.

Japan to help VN build smart cities

Hà Nội’s People’s Committee, BRG Group and Japan’s Sumitomo Corporation Group on Monday signed a co-operation agreement to develop a US$4 billion smart modern city, the Nhật Tân-Nội Bài project.

Egypt gets a powerful boost

A mega power project being built at a rapid pace will soon supply enough electricity to meet the needs of 45 million people and help Egypt effect more than $1 billion in fuel savings a year.

How the private sector can drive VN’s growth

The fifth plenary meeting of the 12th Communist Party of Việt Nam Central Committee in May issued an important resolution which acknowledges greater contribution of the private economy to the country’s socio-economic growth and asserts the role of the private economy as “an important driving force of the socialist-oriented market economy”.

VN credit growth expands 6.53%

Credit growth expanded 6.53 per cent in the first five months of the year, contributing significantly to the growth of domestic production and business.

PM Phúc calls for more Japanese investment

Prime Minister Nguyễn Xuân Phúc pledges hastened efforts in improving business climate to attract more Japanese investments, aiming at a new era in the economic cooperation between the two countries.

NEWS FROM MEDIA-OUTREACH

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