Public investment restructuring from the point of view of NA deputies

Public investment restructuring from the point of view of NA deputies

11/12/2014 - 8:27

(VOVworld) – Public investment restructuring is one of three key areas for restructuring the national economy over the past three years. The other two are SOEs and the banking system. At the ongoing NA meeting, a number of deputies have proposed ways to complete this important mission.

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Vietnamese retailers better themselves for integration and development

Vietnamese retailers better themselves for integration and development

11/4/2014 - 15:23

(VOVworld) – In line with Vietnam’s commitment to WTO, beginning January 11, 2015, foreign retailers will be allowed to establish a 100% foreign owned business in Vietnam instead of the current maximum of 50%. From that point, Vietnamese retailers will have to compete directly with foreign businesses in the domestic market. What should Vietnamese companies do to attract customers and...

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Buying made-in-Vietnam products contributes to national economic growth

Buying made-in-Vietnam products contributes to national economic growth

10/21/2014 - 16:25

(VOVworld) - A national campaign to encourage Vietnamese people to buy made-in-Vietnam products has significantly changed Vietnamese buying habits. Vietnamese products now account for a large proportion in shopping malls, supermarkets, and stores, both urban and rural. The campaign has worked because it has encouraged domestic businesses to improve their products’ quality and competitiveness. VOV reports…

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Young people’s business initiatives germinated

Young people’s business initiatives germinated

10/14/2014 - 16:05

(VOVworld) – The Da Nang Association of Small and Medium-Sized Enterprises has launched a program to select 100 promising businessmen. This is one of the city’s programs to encourage students to start businesses while they are still at school.

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Vietnam a global production base for Samsung Corporation

Vietnam a global production base for Samsung Corporation

10/7/2014 - 16:26

(VOVworld) - Vietnam has attracted more than 11 billion USD in foreign direct investment so far this year, much of it poured into the processing and manufacturing industries. The Republic of Korea’s Samsung group alone has invested billions of dollars in contracts to make mobile phones and components and has become Vietnam’s biggest investor.

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Vietnamese enterprises invest in franchising

Vietnamese enterprises invest in franchising

9/30/2014 - 15:25

(VOVworld) – In recent years, Vietnam has emerged as a franchise market. Rapid economic growth and increases in personal income, population, and consumer spending have made Vietnam attractive to franchises. Vietnam’s membership in the World Trade Organization has created more favorable conditions for Vietnamese businesses to get involved in franchising.

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Restructuring cultivation, husbandry, and aquaculture

Restructuring cultivation, husbandry, and aquaculture

9/23/2014 - 15:25

(VOVworld) – The Ministry of Agriculture and Rural Development has asked its branches to map out detailed plans for implementing the government plan to restructure agriculture and rural development. The plans must focus on three areas – cultivation, husbandry, and aquaculture.

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TPP challenges to be overcome

TPP challenges to be overcome

9/16/2014 - 16:06

(VOVworld) - TPP negotiations concluded in Hanoi last Wednesday. Joining the Trans-Pacific Partnership agreement will provide Vietnam both opportunities in investment and exports and new challenges.

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Vietnam’s garments and textiles gradually take up domestic market

Vietnam’s garments and textiles gradually take up domestic market

9/9/2014 - 18:15

(VOVworld) – In the 5 years of a program urging Vietnamese people to prioritize made-in-Vietnam goods, domestically manufactured garments and textiles have become more popular with consumers. Meanwhile garment enterprises have increased their investment in production and expanded their distribution system to gain market share.

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Expanding exports markets for Vietnamese farm produce

Expanding exports markets for Vietnamese farm produce

8/27/2014 - 9:15

(VOVworld) – Vietnam has earned 17.4 billion VND from exports of agricultural produce so far this year, up 12% against on the same period last year. When the Trans-Pacific Partnership Agreement and the Free Trade Agreement with the EU are finalized by the end of this year, Vietnam is likely to enjoy more opportunities to expand the market and reduce...

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Law on public investment to increase effectiveness of social investment

Law on public investment to increase effectiveness of social investment

8/19/2014 - 16:05

(VOVworld) – The Law on public investment which was approved by the National Assembly in June will be enforced on January 1st, 2015. The law’s implementation aims to avoid scattered investment and imbalance through which to reduce losses and wastefulness in public investment.

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Vietnam targets to increase localization ratio, protect mechanical market

Vietnam targets to increase localization ratio, protect mechanical market

8/12/2014 - 18:36

(VOVworld) – Mechanical engineering is a fundamental industry in Vietnam’s industrialization and modernization process which has received special attention from the government, particularly in increasing the localization ratio. Since the development strategy for Vietnam’s mechanical engineering industry was implemented a decade ago, the sector has gained encouraging achievements.

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Vietnam to reduce reliance on imports

Vietnam to reduce reliance on imports

8/5/2014 - 16:19

(VOVworld) – Vietnam will soon sign a number of free trade agreements with major partners, most notably the Trans-Pacific Partnership (TPP) agreement, whose final negotiations are expected to be completed by the end of this year. This will create a great opportunity for Vietnam to penetrate larger and more diversified markets and reduce its over-dependence on its current markets.

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Dong Nai – highlight in FDI attraction

Dong Nai – highlight in FDI attraction

7/29/2014 - 15:36

(VOVworld) – Despite economic difficulties, Dong Nai continues to be one of leading provinces in Vietnam in foreign direct investment attraction. In the first half of this year, it has lured 826 million USD of FDI, ranking third across Vietnam in the field.

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Boosting state-owned enterprise equitization

Boosting state-owned enterprise equitization

7/22/2014 - 15:46

(VOVworld) – It has become an urgent task for Vietnam to boost the equitization process of state-owned enterprises (SOE), especially when Vietnam has, in recent years, participated in establishing ASEAN Economic Community and in negotiating the Trans-Pacific Partnership agreement. It is also the government’s determination to restructure the economy toward more effective and sustainable development.

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3/3/2015

20°C

3/4/2015

18°C 25°C

Currency Buy Sell
USD 21,325 21,375
JPY 175 179
EUR 23,722 24,007
GBP 32,506 33,029
CNY 3,274 3,311

Wednesday February 25, 2015

Wednesday February 25, 2015

(VOVworld) - Happy New Year, dear listeners. We’re very glad to be back on the Letter Box segment after one week off for the lunar New Year holiday. We wish...

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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...