Poland exporters eye VN

With a population of over 90 million and rising incomes and demand for quality poultry products, Việt Nam is a promising market for the Polish poultry industry, according to the general director of that country’s National Poultry Council – Chamber of Commerce.

Airport upgrades to cost VNĐ2 trillion

Upgrading Nà Sản Airport in northern Sơn La Province will cost an estimated VNĐ2 trillion (US$89.3 million), according to the Civil Aviation Authority of Việt Nam (CAA).

VN’s central bank looks to monetary stability

The domestic monetary market has been stable this year despite global headwinds, with the State Bank of Việt Nam (SBV) trying to harmonise developments in interest and exchange rates, as well as the credit and foreign reserve situation. SBV Deputy Governor Nguyễn Thị Hồng talks to Vietnam News Agency reporter Thúy Hà about this.

Korean-VN sausage deal delayed

Daesang Corp, a South Korean food-making conglomerate, has yet to complete its purchase of an almost full stake in Vietnamese sausage producer Đức Việt Food Joint Stock Company, which was rumored to be finished by August 5.

MoF proposes clearing, freezing tax debts

The Ministry of Finance (MoF) has proposed clearing and freezing tax debts of enterprises totalling VNĐ14.7 trillion (approximately US$655 million) as one of the measures to tackle the difficulties they are facing.

Kiên Giang eyes $1b in exports

The Mekong Delta province of Kiên Giang is striving to earn at least US$1 billion from exports by 2020, according to the province recently-released action programme.

Coffee firms want State help

The Việt Nam Coffee and Cacao Association (Vicofa) has proposed to the State that it launch credit support for local coffee firms competing with foreign companies.

Decree addresses securities firms

The Government has issued Decree No. 86/2016/NĐ-CP (July 1, 2016) governing requirements applicable to securities investment and business activities in Việt Nam.

Agriculture insurance pushed

Việt Nam needs to develop policies to promote the popularity of agriculture insurance in the context that growing extreme natural disaster developments are significantly impacting production, according to the finance ministry.

Start-up Exchange to be held in City

Entrepreneurs running around 100 start-ups will present their products and innovative ideas to convince investors to invest in their businesses at the 2016 Start-up Exchange to be held in HCM City at the end of this month.

Export growth 50% of target

The country’s total export turnover in the first seven months of the year was US$96.83 billion, representing an annual increase of 5.3 per cent, said Dương Duy Hưng, director of the Ministry of Industry and Trade’s Planning Department.

Bank loan-deposit ratios improve

The loan-to-deposit ratio (LDR) of eight State-owned commercial banks has improved significantly in recent months, making the industry more optimistic about keeping it at a maximum of 90 per cent.

Trading value hits six-month low

Vietnamese shares were mixed yesterday while investor confidence in the market prospects remained low, pulling market trading to its lowest level since mid-February.

Thừa Thiên-Huế receives $332m of investment

Central Thừa Thiên-Huế Province yesterday granted 16 investment certificates with total investment of nearly VNĐ7.5 trillion (US$332 million) and signed six co-operation agreements with partners.

Cần Thơ attracts $175m in FDI

Cần Thơ City has attracted US$175.7 million of foreign direct investment (FDI) this year, including a South Korean shoe-production plant that will be the largest FDI project in the Mekong Delta region.

Hà Nam gets $760m investment at conference

Ten enterprises have received approval from and have signed co-operation agreements with the northern Hà Nam Province’s People’s Committee to invest VNĐ17 trillion (US$758.9 million) there.

Cát Hải to become "smart island"

Activities on the island will aim to save energy, conserve the ecosystem and maintain systemic circulation. The island will also be a comfortable living space, suitable for relaxation. The traditional fishing village will continue to be maintained and developed.

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