A number of trade deals totaling more than US$12 billion were signed between U.S. and Vietnamese companies during President Donald Trump's state visit to the Southeast Asian country.
In its three decades, APEC has helped enrich its member economies through increased trade. Now, the time is right for the grouping to move to greater economic integration, through developing a common bond market, says Dr. Christian Kamm, president of a US-backed investment firm Kamm Investment Inc.
“Vietnam’s Economy: Solution and motivation for growth” is the theme of an important conference to be held this week. The conference will be chaired by the Deputy Prime Minister Vuong Dinh Hue.
(VNF) - Vietnam attracted more than 1,900 foreign direct investment (FDI) projects from Singaporean businesses in January-October, which were valued at USD 41.7 billion.
By hosting the 2017 Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Week, Vietnam has not only reaffirmed its policy of deepening international integration and attaching great importance to Asia-Pacific, according to an article published on Singaporean newswire www.theindependent.sg on November 5.
Ministries have approved the restructuring plans of additional State-owned enterprises (SOEs), with the latest including the Vietnam Mobile Telecom Services One Member Limited Liability Company (Mobifone) and the Vietnam Post Corporation (VNPost), in line with the Government’s SOE restructuring action plan.
Prime Minister Nguyen Xuan Phuc hosted a reception for Victoria Kwakwa, Vice President of the World Bank (WB) for East Asia and Pacific Region, on November 7, on the sidelines of the Vietnam Business Summit, taking place in the central coastal city of Da Nang.
The APEC Business Advisory Council (ABAC) will urge APEC Economic Leaders to press ahead with structural and trade reform, said 2017 ABAC Chair Hoang Van Dung said at a press conference on November 6.
After securing a strong footprint in Vietnam’s southern metropolis of Ho Chi Minh City, fast-food giant McDonald’s is looking to consolidate its presence by moving its business to Hanoi. The long-awaited move will take place amidst the on-going expansion of international fast-food brands.
(VNF) - It has been over thirty years since the launch of the economic reforms known as Doi Moi. Nowadays, Vietnam is considered a development success story, which marked by remarkable achievements in poverty reduction and economic growth.
The Vietnam Dong (VND) is among the most stable currencies in Asia this year, said the US-based Bloomberg News, echoed by similar views from Vietnamese economists who were confident that the stability would remain until the year end thanks to the economy’s positive signs.
Business reforms continued at speed in East Asia and Pacific, with regional economies adopting 45 reforms during the past year, bringing to 371 the total number of private sector reforms enacted in the region over the past 15 years, says the World Bank Group’s latest Doing Business report.
Argentina’s Equilibrium Global has recently published online an article lauding economic achievements Vietnam has recorded after more than 30 years of reform.
Aquatic exports in October 2017 are estimated to reach US$733 million, bringing the total exports in the first ten months of this year to US$6.73 billion, up 17.6% in comparison to the same period last year.
Vietnam had exported over 43,000 tonnes of sugar, worth US$20.6 million, to 28 markets worldwideby September, according to Pham Quoc Doanh, Chairman of the Vietnam Sugarcane and Sugar Association.
PANO – Natcom, a joint venture between Télécommunications d'Haiti S.A.M (Haiti) and Viettel (Vietnam), have signed an agreement to provide an electronic document system, N-Office, to the Haitian Ministry of Public Works, Transportation and Communications.
The National Private Economic Development Research Board made its debut in Hanoi on October 30.