Export revenue likely to hit US$200 billion in 2017

Việt Nam is likely to reach total export turnover of US$200 billion for 2017, increasing more than 13 per cent from last year and exceeding the set target, deputy minister of Industry and Trade Đỗ Thắng Hải claimed at a meeting in Hà Nội yesterday.

FDI investment in IPs, EPZs up

Investment in industrial parks (IP) and export processing zones (EPZ) rose more than 39 per cent year-on-year in the first half of the year to US$384.3 million, according to the HCM City Export Processing and Industrial Zones Authority (Hepza).

 

Arbitration court gains investor trust

The increasingly important role an arbitration court plays in facilitating trade and investment was highlighted at a seminar jointly held by Vietnamese and South Korean legal entities in Ha Noi on Thursday.

Appropriate policies will aid growth: experts

Financial and monetary policies will play significant roles in supporting economic growth in the remaining months of this year and the central bank should have policies to direct the capital flow into production and business, heard a conference held by the Ministry of Planning and Investment on Friday.

Stocks retreat from three-day rally

Shares fell on both local markets on Friday, ending a three-day rise as investors increased selling to lock in short-term profits for their portfolios.

Telecom sector revenue on target

The country’s telecom revenue is estimated at VNĐ213.36 trillion (US$9.36 billion) in the first six months of the year, excluding Viettel’s business overseas, equal to 47.41 per cent of the plan for the year.

Plan to promote social initiatives

The Centre for Social Initiatives Promotion (CSIP) and the Việt Nam Club for Management and Start-up on July 14 launched a programme in HCM City dubbed Én Xanh 2017 to honour social business initiatives.

Hà Nam attracts $194 million in investment

Hà Nam Province has attracted 46 projects, including 10 foreign direct investment (FDI) projects, with a total registered capital of nearly US$194 million, so far this year.

WB forecasts Việt Nam's GDP growth of 6.3%

World Bank on Thursday released its bi-annual report on Việt Nam’s economy, keeping its country GDP forecast of 6.3 per cent this year following an economic bounce in the second quarter.

Shares up again on late buying

Shares extended gains for a third session on both local exchanges on Thursday, driven by investors’ purchasing large-cap stocks.

Replace workers with machines: experts

The Korea Institute of Industrial Technology (KITECH) and the Việt Nam Textile and Apparel Association (VITAS) on Thurday held a conference to promote smart manufacturing for Viet Nam’s textile industry.

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