Special Administrative and Economic Zones to spur Vietnam’s development

Special Administrative and Economic Zones to spur Vietnam’s development

4/29/2014 - 17:53

(VOVworld) – The establishment of special administrative and economic zones known as free economic zones is no longer a new idea. But it’s quite a new model for Vietnam. It is hoped that the creation of these zones of preferential treatment will have an effect on other economic zones in Vietnam.

More

Development strategy for Vietnam’s mechanical engineering industry

Development strategy for Vietnam’s mechanical engineering industry

4/24/2014 - 15:40

(VOVworld) – Mechanical engineering plays a key role in Vietnam’s industrialization and modernization process. Under the development strategy for Vietnam mechanical engineering industry approved by the Prime Minister in 2002, the sector has gained encouraging achievements towards international integration.

More

Corporation 36 equitization: new model in management of military companies

Corporation 36 equitization: new model in management of military companies

4/20/2014 - 14:51

(VOVworld) – Corporation 36, a state-owned firm under the Ministry of Defense, is speeding up the equitization roadmap pursuant to the Prime Minister’s instruction of rearrangement and renovation of SOEs under the Ministry until 2015. VOV talked to Colonel Nguyen Dang Giap, Chairman and Director General of the Corporation, about advantages and challenges faced by the equitization process.

More

Hanoi boosts links for tourism economy development

Hanoi boosts links for tourism economy development

4/15/2014 - 14:21

(VOVworld) – With more than 5,000 historical relics, close to 1,300 traditional craft villages, and a great number of intangible cultural heritages, Hanoi is an attractive destination for tourists. The municipal tourism sector is looking to regional links to improve efficiency.

More

Vietnam’s garments and textiles seize TPP opportunities

Vietnam’s garments and textiles seize TPP opportunities

4/8/2014 - 16:23

(VOVworld) - The Trans-Pacific Partnership agreement is entering the final stretch of negotiations. Economists say once Vietnam joins the agreement, its exports can enjoy the agreement’s great benefits, especially the garments and textiles sector. But it will also impose many challenges requiring domestic garment manufacturers to actively prepare themselves to meet its conditions.

More

Vietnam’s long-term strategy for rice production for export

Vietnam’s long-term strategy for rice production for export

4/3/2014 - 13:03

(VOVworld) –Agriculture is considered an important corner-stone of Vietnam’s economy, especially set against the difficulties caused by the global economic crisis. Because of this Vietnam is paying special attention to crop restructuring and the application of science and technology to agricultural production to increase the values of export items including rice.

More

Hanoi’s enterprises respond to ‘Vietnamese prioritize made-in-Vietnam goods’ campaign

Hanoi’s enterprises respond to ‘Vietnamese prioritize made-in-Vietnam goods’ campaign

3/25/2014 - 14:59

(VOVworld) - Launched 5 years ago, the campaign to persuade Vietnamese people to buy Vietnamese products has changed the way local consumers think about made-in-Vietnam goods. Moreover, it has improved the awareness of the domestic business community about the importance of the local market.

More

Ho Chi Minh city’s enterprises self-improve for sustainable growth

Ho Chi Minh city’s enterprises self-improve for sustainable growth

3/18/2014 - 15:02

(VOVworld) - Vietnam’s economy is forecast to continue facing difficulties this year, with a gloomy market, low purchasing power, and difficult access to capital. Against this background, many enterprises in Ho Chi Minh City are trying to consolidate their operations, discover market needs, and figure out a way to grow.

More

FDI projects improve in quality at the beginning of 2014

FDI projects improve in quality at the beginning of 2014

3/12/2014 - 18:02

(VOVworld) – In the first two months of this year, Vietnam attracted 1.54 billion USD in 122 new foreign direct investment (FDI) projects. Although the figure is only about 37% of FDI in January and February of last year, the quality of the FDI projects has improved.

More

Transportation enterprises step up equitization

Transportation enterprises step up equitization

3/4/2014 - 18:23

(VOVworld) – Since the beginning of a proposal to equitize state-owned enterprises 3 years ago, 44 of 99 SOEs belong to the Ministry of Transport have been equitized. The Ministry plans to complete equitization of another 40 businesses by the end of next year.

More

HCM City continues economic recovery in 2014

HCM City continues economic recovery in 2014

2/25/2014 - 15:46

(VOVworld) – Overcoming the country’s economic difficulties and the global financial recession, last year Ho Chi Minh City maintained a stable growth with one third of the national GDP contribution. In 2014, the city is doing its utmost to maintain this recovery.

More

Vietnam’s economy to grow sustainably in 2014

Vietnam’s economy to grow sustainably in 2014

2/7/2014 - 17:56

(VOVworld) – Vietnam’s economy overcame numerous difficulties last year to gain impressive achievements. The results are attributed to experiences gained in the 2 previous years and positive effects of adopted policies. Economists predict Vietnam’s economy will prosper this year.

More

Exports contribute greatly to Vietnam’s economic growth in 2013

Exports contribute greatly to Vietnam’s economic growth in 2013

1/21/2014 - 11:12

(VOVworld) – Last year’s exports were the main driver for Vietnam’s economy to overcome the difficult period. Vietnam earned more than 132 billion USD in revenue, 6 billion USD more than the target set by the National Assembly. Exports have brought in not only profits for the country, but also helped domestic businesses boost consumption.

More

Vietnam’s central region attracts FDI in 2013

Vietnam’s central region attracts FDI in 2013

1/14/2014 - 14:51

(VOVworld) – Despite the world economic downturn last year, Vietnam still attracted an impressive amount of foreign direct investment. Breakthrough projects in the central provinces created lots of opportunities for the region.

More

2013 – a successful year for Vietnam’s monetary policy management

2013 – a successful year for Vietnam’s monetary policy management

1/7/2014 - 16:17

(VOVworld) – 2013 saw a positive impact by the government’s monetary policy management on Vietnam’s economy. The State Bank of Vietnam’s effective and timely measures made important contributions to realizing the government’s economic management targets to stabilize the macro-economy, control inflation, and lift the economy out of stagnation.

More

8/2/2014

35°C

8/3/2014

25°C 32°C

Currency Buy Sell
USD 21,200 21,250
JPY 203 207
EUR 28,204 28,543
GBP 35,416 35,986
CNY 3,274 3,311

Wednesday, July 30 2014

Wednesday, July 30 2014

The oldest university in Vietnam is also known as the Temple of Literature, which is about 2km west of Hoan Kiem Lake in downtown Hanoi. The Temple of Literature is...

More

Ho Dynasty Citadel- world cultural heritage Site 2011 UNESCO's recognition

Ho Dynasty Citadel- world cultural heritage Site 2011 UNESCO's recognition

The Citadel of Ho Dynasty in the central province of Thanh Hoa has been named a World Cultural Heritage Site by the United Nations Educational, Scientific and Cultural Organization or...