Việt Nam News

The Trans Pacific Partnership (TPP), which was concluded in early February, will bring opportunities to Việt Nam’s businesses, especially those in the textile, garment and footwear sectors, but also barriers that they need to navigate to benefit t, experts have said.

The consumer price index (CPI) increased by 0.57 per cent against last month, the General Statistics Office (GSO) reported yesterday

 Prime Minister Nguyễn Tấn Dũng has given his approval to Samsung Electronics Việt Nam (SEV) to build a US$300-million research and development centre in Hà Nội.

 Local rice exporters have offered a higher export price due to price rise in the domestic market, thereby losing the advantage in the competitive world market, said experts.

Domestic cement companies would face stiffer competition in consumption in markets at home and abroad in the future, experts said.

The International Agriculture Nutrition Joint Stock Company (Anco) has become a strategic investor of the Việt Nam Meat Industries Company (Vissan).

  HCM City’s economy underwent significant improvement during the first quarter of 2016 thanks to the administrative effort to adapt to the country’s period of global integration.

Vietnamese shares yesterday retreated on both local markets from Wednesday gains as energy stocks declined on lower oil prices and banks fell on low investor confidence.

 Việt Nam is expected to attract a number of investors of transport infrastructure projects under the public-private partnership (PPP) model this year.

Deputy Prime Minister Nguyễn Xuân Phúc recently approved in principle the allocation of VNĐ298 billion (nearly US$13 million) for the urgent repair of a Đồng Nai Province bridge.

The capital city will create the best possible conditions for the US investors to launch their projects in the locality, Nguyễn Đức Chung, chairman of the municipal People’s Committee, said.

 Many Vietnamese firms are indifferent to intellectual property rights regulated in the Trans Pacific Strategic Partnership (TPP) agreement.

Việt Nam and Russia signed an inter-governmental protocol on supporting the production of motor vehicles in the Southeast Asian country.

Credit growth by February 20 rose 0.39 per cent while capital mobilisation increased 0.34 per cent against December last year, a government report released early this week said.

Việt Nam News Agency reporter Thạch Huê, Việt Nam Association of Small and Medium-sized Enterprises Chairman Cao Sỹ Kiêm said that credit guarantee activities should be sped up in the future so that SMEs can better access credit.

Vietnamese shares on Wednesday rose on both local markets as mining stocks and automobile companies advanced strongly.

Experts have said it is necessary for the real estate sector to find stable financial sources to ensure adequate housing supply as demand was anticipated to pick up rapidly.

Experts have called for the urgent implementation of a project that would improve infrastructure in the Long Xuyên quadrangle, a major agricultural hub in southwest Việt Nam.