Optimizing all opportunities, even the smallest, to create development breakthroughs is one of the central tasks set for the Ministry of Planning and Investment in 2019, Minister Nguyen Chi Dung has said.
Small and medium-sized enterprises (SMEs) in the support industry need better support policies to enhance competitiveness and participate in the global value chain, experts stated.
Japanese construction group IHI on March 10thinaugurated IHI Infrastructure Asia (IIA) steel plant, capitalized with USD34 million, in Dinh Vu Industrial Zone in Hai Phong.
Currently, Vietnam has 128 investment projects in Cambodia with a total capital of more than USD49.6 million while Cambodia owns three projects in Vietnam.
The State-owned Hanoi Trade Corporation (Hapro) is focusing on expanding its export markets in Africa, particularly in Angola and Mozambique, according to a statement from an executive on March 11th.
The Vietnam National Petroleum Group (Petrolimex), the country’s largest fuel wholesaler, raised the retail price of several fuel varieties as of 15:00 pm on March 11th, the second adjustment and the first rise this year.
Vietnam will maintain its total coffee farming area at around 600,000 hectares from now to 2020, focusing mainly on the four Central Highland localities of Dak Lak (190,000ha), Lam Dong (150,000ha), Dak Nong (115,000ha) and Gia Lai (75,000ha).
The country collected about VND59.3 trillion to the State budget in February 2015, bringing the total in the first two months this year to more than VND151.8 trillion, 16.7% of the year’s estimate or a year-on-year rise of 17.3%, said Finance Minister Nguyen Huu Chi said.
Vietnam Construction Bank has been take over by the State Bank of Vietnam to prevent uncertainty in the market over its negative capital flow.
Vietnam electricity prices will rise 7.5 percent from March 16 to cover mounting losses at the state-owned power provider.
Prime Minister Nguyen Tan Dung has agreed to maintain an investment term of 70 years for the Taiwan-invested Formosa project in the central province of Ha Tinh.
New uniforms for Vietnam Airlines flight and cabin crew have been met with criticism, but also credit for the change, from the public.
Around 6,900 businesses were established in February across the nation with a total registered capital of over 45.8 trillion VND (2.2 billion USD), up 0.47 percent and 44.6 percent from January, respectively.
The Vietnam Bank for Industry and Trade and the Bank for Foreign Trade of Vietnam were listed on “The Banking 500 - The world's most valuable banking brands of 2015” conducted by Brand Finance.
Foreign business groups hailed Viet Nam and HCM City's success in attracting FDI and boosting trade at a meeting with the city People's Committee yesterday, reported the Vietnam News.
The central province of Nghe An yesterday granted investment licences to eight projects and signed deals worth over US$967 million at a meeting in Vinh City.
With numerous cooperation agreements signed with Vietnam, Denmark is quickly becoming a potential trade and investment partner of the Southeast Asian nation, paving the way for enterprises to promote export revenue, said the Ministry of Industry and Trade.