Việt Nam News

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

  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.

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

 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.

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.

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.

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.

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.

From July 2017, Việt Nam would no longer receive preferential loans in the form of official development assistance (ODA), a finance department official said at a conference yesterday.

 Việt Nam will develop a technologically-advanced coal mining industry with high competitiveness moving towards sustainability in the next five years.

VinaCapital Vietnam Opportunity Fund Limited (VOF) announced on Monday an investment of US$9 million in a management buyout transaction.

A trade co-operation programme between HCM City and 20 southern provinces over the last five years has significantly contributed to improving product quality.