Samsung contributes significantly to Việt Nam’s economy: PM Phúc

Foreign-invested enterprises, including Samsung Complex Vietnam (Samsung Vietnam) of the Republic of Korea (RoK), are an important component of Việt Nam’s economy, Prime Minister Nguyễn Xuân Phúc told Han Myoung-Sup, General Director of Samsung Vietnam at a meeting in Hà Nội yesterday.

Firms pleased with Resolution 35 effects: survey

As many as 75 per cent of the enterprises surveyed by the Việt Nam Chamber of Commerce and Industry (VCCI) have seen the positive impact of the Government resolution on supporting and developing enterprises, according to a VCCI survey of 1,000 enterprises carried out at the end of 2016.

Hải Phòng borrowing cap lifted to 40% of budget

The National Assembly’s Standing Committee (NASC) agreed on Monday to offer special financial and budget management mechanisms for the port city of Hải Phòng in order to help the port city boost growth.

 

EVFTA to boost IP development: expert

The EU-Việt Nam Free Trade Agreement (EVFTA) will help Việt Nam become the regional hub for many foreign manufacturing companies, promoting the development of industrial parks (IPs) in the country, said Gellert Horvath, vice chairman of the European Chamber of Commerce (Eurocham).

Region eyes global cashew co-operation

Bình Phước Province wants to strengthen co-operation with other provinces and cities as well as foreign countries to aid its industrial development, especially its cashew processing industry, according to its leader.

Conference helps exporters improve e-commerce

The 2017 Vietnam eTrade Conference (VETC) was held on Tuesday by the Vietnam E-commerce Association (VECOM) in cooperation with the Vietnam Export Support Alliance (VESA) to help exporting firms and organisations improve their e-commerce activities.

HCM City hosts printing exhibition

The Asia-Pacific Screen Printing and Graphic Imaging Association’s exhibition held in HCM City from May 18 to 20 comes to Việt Nam for the first time.

Zalora, Robins-Fashion and Beauty merge

Vietnam’s leading online shopping website Zalora and ROBINS - Fashion and Beauty chain stores, both belonging to Central Group Vietnam, have announced they will merge in order to give customers the best shopping experience.

Standard Chartered backs ASEAN firms

Standard Chartered Bank (SCB) expressed its strong commitment to supporting ASEAN companies to expand regionally and internationally at an investors meeting titled “Bridging ASEAN,” held on Tuesday in HCM City.

VN to boost trade co-operation with Czech Republic

Despite the accelerated economic growth of Việt Nam and of the Czech Republic, trade between the two countries has not lived up to its potential, said participants at a conference in Hà Nội on Monday.

Tra fish price to be more stable

After skyrocketing to 10-year highs in April, tra fish price has shown signs of cooling down and is forecast to be more stable in the second half of this year.

Agriculture Corporation to debut IPO in July

Việt Nam General of Agriculture Material Corporation Limited (Vigecam) plans to offer over 6.3 million shares in its IPO on July 19, with the starting price of VNĐ10,100 (44 US cents) per share.

Hà Nam to boost co-operation with South Korea

The People’s Committee of Hà Nam Province signed a Memorandum of Understanding (MoU) with the Việt Nam-Korea Friendship Association (KOVEA) on Monday to provide a favourable business environment for South Korean firms in the province.

VN urged to reduce power loss

The electricity industry must improve its management and technology to reduce losses in the transmission grid as well as eradicate power stealing, which are very serious in rural and remote areas, delegates heard at a seminar in Côn Đảo Island in the southern province of Bà Rịa – Vũng Tàu.

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