Vietnamese Minister of Industry and Trade Tran Tuan Anh and South Korean Minister of Trade, Industry, and Energy Sung Yunmo signed a memorandum of understanding (MoU) in Seoul on December 6 on an action plan for attaining USD 100 billion in bilateral trade by 2020.
Total newly-registered and added FDI capital in the first nine months this year reached USD17.15 billion, a year-on-year rise of 53.4%, reported the Ministry of Planning and Investment’s Foreign Investment Agency.
During a Vietnam business forum in Toronto on September 24th, Canadian companies were updated information on Vietnam’s investment policies, potential and business opportunities for stronger trade links between the two sides.
Gross Domestic Product (GDP) in the first nine months this year was estimated to rise 6.5% over a year earlier, reported the General Statistics Office (GSO).
The FPT Information System Company (FPT IS) has won a USD33.6-million contract to develop a tax management system in Bangladesh.
The TH True Milk brand name under the TH Group has won three gold prizes at the WorldFood Moscow 2015 in Moscow’s Expocentre Fairgrounds, from September 14th-17th, 2015.
After nearly five years of building new rural areas, the country has so far had 1,003 communes achieving all the criteria, accounting for 11.2% of the total of 8,900 communes nationwide, reported the Coordinating Office for New Rural Development.
The International Sourcing Expo Australia will be held from November 16th to 18th in Melbourne, reported the Ministry of Industry and Trade’s Asia Pacific Market Department.
The State Bank of Vietnam (SBV) has decided to merge Southern Bank into Sacombank (Saigon Thuong Tin Commercial Joint Stock Bank) and revoke the operations license of Southern Bank.
Prime Minister Nguyen Tan Dung has decided to establish the South East Economic Zone in the central province of Quang Tri with functional areas on industry, administration, residence, tourism, service, and sea port.
Telephone export turnover reached USD20.18 billion in the first eight months this year, a year-on-year rise of 32.6%, according to statistics by the General Department of Customs.
By September 2015, Vietnam had 299 formed industrial zones (IZs) with a total natural area of nearly 84,000 hectares, reported the Ministry of Planning and Investment’s Department for Economic Zones Management.
(VNF) - According to Japan’s commitment, the average tariff rate applied for Vietnamese goods exported to Japan will gradually be reduced to 2.8% by 2018.
(VNF) - General Electric (GE) will supply two sets of high-efficiency steam turbines and generators to the EPC consortium of Russia-based OJSC Power Machines and PetroVietnam Technical Services Corporation for the new Long Phu 1 coal-fired thermal power plant in Soc Trang province.
Vietnam earned USD14.5 billion from commodity exports in August, a 2.3% rise from the previous month, reported the Ministry of Planning and Investment’s General Statistics Office (GSO).
Deputy Prime Minister (PM) Vu Van Ninh has guided state capital withdrawal from the Vietnam National Seaproducts Corporation (Seaprodex).
Vietnam has risen to the fifth place among the world’s biggest instant coffee exporters, behind Brazil, Indonesia, Malaysia and India, according to the US Department of Agriculture.