PetroVietnam to boost new drilling

PetroVietnam will continue to boost oil and gas exploration and exploitation activities this year to offset the impact of the slow recovery in crude oil prices and higher costs.

Deputy PM seeks out Slovakian investment

Deputy Prime Minister Vương Ðình Huệ called on Slovakian businesses to make further investments in Việt Nam during a business conference yesterday in the capital.

Pick FDI with care: Deputy PM

Deputy Prime Minister Vương Đình Huệ said Việt Nam must be selective in attracting foreign direct investment (FDI) to ensure it’s suitable for the nation’s economic restructuring and development of the private sector.

Seafood sector urges gov’t help

The Việt Nam Association of Seafood Exporters and Producers (VASEP) has proposed solutions to the Government to resolve current difficulties and promote seafood exports.

Duties imposed on imported steel

The Ministry of Industry and Trade (MoIT) yesterday decided to impose additional tariffs on imported steel products as an official safeguard against cheap imports that were allegedly threatening the domestic industry.

Coffee legal decision unclear

A change in the legal representative of Trung Nguyên Coffee Corporation JSC will not have “a decisive impact” on operations of this firm, said lawyer Trương Thanh Đức.

Steel makers help markets rebound

Vietnamese shares recovered from a two-day decline as steel producers advanced on Government’s support and higher second-quarter performances.

Road builder proposes 10% toll fee reduction

Việt Nam Infrastructure Development and Finance Investment Joint Stock Company (VIDFI), National Highway 5's investor, has proposed a 10-per cent reduction in tolls for container trucks from next month.

Large textile production zones proposed

The Ministry of Industry and Trade (MoIT) has proposed the development of large textile and garment industrial zones (IZs) to attract investment in dyeing, and fabric and yarn production.

Trend of retail mergers growing

The domestic retail market is seeing merger and acquisition (M&A) deals between local retailers and foreign partners to increase competitiveness and ensure international integration, but they still need a specific retail development plan from the State, experts told Vietnam News, commenting on this emerging trend.

NEWS FROM MEDIA-OUTREACH

E-paper