Foreign investors inject $3b in Vietnamese firms

Foreign investors have invested almost US$3 billion in Vietnamese enterprises in the last twelve months ending July 2016, the Foreign Investment Agency under the Ministry of Planning and Investment reported on Thursday.

Economic stability a top priority: PM

Việt Nam must maintain macro-economic stability as a foundation for sustained development, Prime Minister Nguyễn Xuân Phúc addressed a legislature session in Hà Nội yesterday.

HCMC to hold safe farm produce fair

The HCM City Department of Agriculture and Rural Development will organise a safe farm produce fair on the first and third weekends of every month, starting on August 6.

New incentives for using hi-tech park

The Ministry of Science and Technology and the Hòa Lạc Hi-tech Park are to complete a draft of a decree on specific investment incentives for the park, according to the ministry.

FPT’s employees asked to use Facebook at work

Vietnamese FPT software giant has asked all its employees to use Facebook at work to enhance the communications network in the corporation and create a connectivity  in the working environment with a view to sharing documents or knowledge, according to the website of FPT.

Tiên Sa Port eyes world-class status

Đà Nẵng Port, the largest in central Việt Nam, started the second-phase upgrade of Tiên Sa Port today, to make it a modern container port in the region.

Deposit interest rates up at banks

Many commercial banks have raised deposit interest rates over the past few weeks for all tenures, raising concerns about an imminent lending interest rate hike.

Đồng Nai wants Investment Law update

The southern province of Đồng Nai has urged relevant agencies to amend the Investment Law so that it covers the change in ownership of companies that are bought by foreign investors.

High-profit shrimp farming model grows

A "super-intensive" farming model, which raises white-legged shrimp in greenhouses in the Mekong Delta province of Bạc Liêu, has expanded after generating high profits.

Fewer Mekong fields used for cash crops

Fewer rice fields will be converted to cash crops in the ongoing summer-autumn crop in the Mekong Delta this year as farmers lack stable outlets, according to the Ministry of Agriculture and Rural Development’s (MARD) Plant Cultivation Department. 

Market plan for Cambodia border

The first “Cambodian model border market” will be built in the fourth quarter of this year, with the Vietnamese government’s non-refundable financial aid of VNĐ44 billion (US$2 million).

US anti-dumping duty increased

The United States Department of Commerce (DOC) has revised its preliminary conclusion of the anti-dumping investigation of Vietnamese circular welded carbon-quality steel pipes, citing significant ministerial errors.

NA deputies urge financial discipline

National Assembly (NA) deputies speaking at a legislature session in Hà Nội yesterday urged the strengthening of financial discipline in the wake of official reports showing a rise in the State budget, overspending and shortcomings in budget operations for 2014.

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