India’s Assam State will offer a number of preferential policies to create the most favourable conditions for foreign investors to invest, including Vietnamese investors.
Agricultural, forestry and fishery exports were estimated at USD2.37 billion in May, raising the figure for the first five months to USD11.4 billion, down 7.3% year on year, according to the latest statistics released by the Ministry of Agriculture and Rural Development.
Vietnam saw 36,055 enterprises registering for new establishment in the first five months this year, with a total capital of VND219.3 trillion, according to the Ministry of Planning and Investment (MPI).
(VNF) - The Vietnam Military-run Telecommunications Group (Viettel) officially became the 10th member of Qorus Mobile Alliance on May 25th, shaping the biggest consortium of leading mobile operators from around the world.
The Bank for Investment and Development of Vietnam (BIDV) and Mekong Housing Bank (MHB) signed a deal to hand over the overall system and announced the merger MHB into BIDV, on May 25th, in Ho Chi Minh city.
The Consumer Price Index (CPI) in May climbed by 0.16% from the previous month, by 0.95% compared to the same months last year and by 0.2% against December 2014, reported the General Statistics Office on May 24th.
Japanese businesses, including those in Osaka city, are interested in studying the investment climate in Ho Chi Minh city, especially in the fields of infrastructure, economy and education.
Exports of natural rubber have increased significantly according to the Ministry of Agriculture and Rural Development.
Although economic restructuring has been recognised as a vital task, the process remains slow and requires greater efforts for a more comprehensive outcome, according to experts.
The Vietnamese government has proposed plans to borrow from its foreign exchange reserves after struggling to issue debt in the bond markets – seven bond auctions failed in May alone.
Vietnam Bank for Industry and Trade (VietinBank) and the Petrolimex Group Commercial Joint Stock Bank (PGBank) signed an official merger document on May 22, thereby opening opportunities for the new bank.
Vietnamese Ambassador to Iran, Nguyen Hong Thach has recently paid a visit to the West Asian country’s central Yazd province to promote economic cooperation between the two nations’ localities.
The European news agency, Euro Presse Image (www.epi-agency.com) has published an article on Vietnam’s overall economic picture which underscored that in 2014, the national economy continued to grow as a result of efforts from the Government’s effective economic management measures.
Mrs. Mai Kieu Lien, Chairwoman and CEO of the Vietnam Diary Products Joint Stock Company (Vinamilk) has been awarded the Nikkei Asia’s prize for her contribution in the field of “Economic and Business Innovation.”
A forum featuring the role of businesses in new rural areas took place in Hanoi on May 22nd, where an expert urged farmers to adopt a more commercial mindset.
The business community in HCM city and provinces in the southern region have been informed in detail of the Vietnam-Republic of Korea Free Trade Agreement (VKFTA).
ASEAN countries have so far invested in 68 projects, capitalized with USD2.9 billion in the southern province of Dong Nai, reported the provincial Department of Planning and Investment.