Việt Nam News

Hà Nội is offering incentives to enterprises, particularly those from Japan, to apply advanced technologies in waste treatment in the capital, municipal People’s Committee Chairman Nguyễn Đức Chung said.

The southern Bà Rịa-Vũng Tàu Province will focus its investment on hi-tech industry and agriculture, port logistics and high-quality tourism.

Shares declined for four days in a row yesterday, dragging the benchmark VN-Index to one-month low as blue chips maintained their downward trend and global oil prices continued to dwindle.

HCM City’s leaders and newly-elected lawmakers yesterday began a three-day session of the People’s Council to discuss socio-economic targets amid many complaints about extended flooding, traffic jams and pollution.

Many co-operation opportunities have been offered to fisheries processors and traders at the Vietfish 2016 which opened in HCM City yesterday (August 3).

Việt Nam is developing a comprehensive competition policy scheme in an effort to refuel reform and accelerate growth towards a market-based economy.

Vạn Thịnh Phát Group Corporation, one of the leading real estate and hospitality companies in Việt Nam, yesterday signed an agreement with two giant Malaysian companies to develop a US$6 billion ecological urban system called Saigon Peninsula Project in HCM City’s District 7.

Many US businesses have shown interest in investing in HCM City, Trần Vĩnh Tuyến, deputy chairman of the city People’s Committee, has said following a visit to the US at the head of a city delegation to promote trade and investment.

Non-performing loans (NPLs) as of the end of May accounted for 2.78 per cent of the entire banking system’s total outstanding loans.

Hà Nội will have 96 sales points in 12 districts to provide special and safe farm products to the local people.

Hà Nội enjoyed relatively high economic growth in the first half of the year with good performances in the service and industry-construction sectors, officials said at a municipal People’s Council meeting on Monday.

Shares extended losses yesterday on the two exchanges as investors increased selling out on fears of further downward risks.

The total revenue from retail trade and services hit US$89.6 billion during the first seven months of this year, up 9.4 per cent year-on-year, according to the General Statistics Office (GSO).

The southern province of Bình Dương has remained an ideal destination for South Korea’s investors who are promising to pour more money to the province in the near future, heard a meeting between the provincial leaders with companies late last week.

Authorities from the northern province of Vĩnh Phúc have assured enterprises from the Czech Republic of favourable conditions for them when investing in their province.

Research recently conducted by Oxford Economics says that the mobile internet sector may contribute US$5.1 billion to Việt Nam from 2015 to 2020, it was revealed at a workshop yesterday.

Despite challenges ahead, aquatic exports are expected to reach US$7.1 billion this year, a rise of 8 per cent over last year, according to the Việt Nam Association of Seafood Exporters and Producers (VASEP).

HCM City will undertake activities this year to boost manufacturing and supporting industries, according to the local Department of Industry and Trade.