Vietnam-RoK FTA’s opportunities for Vietnamese businesses

Vietnam-RoK FTA’s opportunities for Vietnamese businesses

5/19/2015 - 16:29

(VOVworld) – The Vietnam-Korea Free Trade Agreement has been signed in Hanoi after more than 2 years of negotiations. With a strong commitment from Korea to open its market, Vietnamese businesses are likely to turn this into economic achievements.

More

Speeding up restructuring of banking system

Speeding up restructuring of banking system

5/13/2015 - 7:27

(VOVworld) – The banking system restructuring has resulted in positive changes, the most notable involving bad debts and interest rates. This year, the sector has built on these achievements to curb inflation and stabilize the macro-economy.

More

HCM City boosts credit growth

HCM City boosts credit growth

5/5/2015 - 15:37

(VOVworld) – In the first quarter of this year, Ho Chi Minh City’s total credit surplus expanded 2.3% against late last year and posted a year-on-year increase of 14%. This is a positive sign for the entire economy.

More

Vietnam's private giants turn to farming

Vietnam's private giants turn to farming

4/21/2015 - 15:22

(VOVworld) – Vietnam’s agriculture is receiving an increase of domestic and foreign investment. To use the investment flow effectively, the Vietnamese government has promulgated mechanisms and policies to remove obstacles for businesses.

More

Agro-forestry exports – positive sign from Lao Cai International Border Gate

Agro-forestry exports – positive sign from Lao Cai International Border Gate

4/14/2015 - 16:11

(VOVworld) – Vietnam’s earnings from border trading in the first months of this year have been encouraging. At border crossings like Lao Cai International Border Gate, exports and imports of agro-forestry products have seen high growth.

More

Vietnam improves business environment for national economic development

Vietnam improves business environment for national economic development

4/7/2015 - 16:10

(VOVworld) – Vietnam’s ministries and provinces are focusing efforts to improve the business environment by stepping up administrative procedure reforms to help enterprises integrate and develop. The move is in line with a revised government resolution released last month under which Vietnam hopes to rank fourth in ASEAN in terms of business environment and national competitiveness in the 2015-2016 period.

More

Boosting PPP cooperation to remove difficulties for the national economy

Boosting PPP cooperation to remove difficulties for the national economy

3/31/2015 - 16:30

(VVOworld) – Promoting investment and public private partnership (PPP) projects is extremely important, given the current economic difficulties. The cooperation model has opened up opportunities to mobilize capital from the private sector for infrastructure construction projects and lower the burden on the state budget. Creating favorable conditions for investors to implement PPP projects will boost the national economy.

More

Vietnam tries to fully tap tuna catching industry

Vietnam tries to fully tap tuna catching industry

3/24/2015 - 16:31

(VOVworld) – Tuna is one of Vietnam’s top export items and widely praised for its high quality. But Vietnamese fishing relies more on experience than advanced equipment. Fishermen in the south central provinces of Binh Dinh, Phu Yen, and Khanh Hoa are restructuring their production and adopting Japanese fishing techniques in an effort to stimulate the region’s marine economy, which...

More

Sustainable development goes along with building a brand for Vietnamese coffee

Sustainable development goes along with building a brand for Vietnamese coffee

3/17/2015 - 15:49

(VOVworld) – Vietnam is the world’s second largest coffee exporter and leads the world in Robusta production and export. But Vietnam’s exported coffee remains in the form of unprocessed beans with no added value. This is an issue the government and the coffee sector are paying close attention to, hoping to improve the brand of Vietnamese coffee.

More

Increased labor productivity drives international economic integration

Increased labor productivity drives international economic integration

3/10/2015 - 15:57

(VOVworld) – With abundant workforce, Vietnam often ranks high in ASEAN Skills competitions. But Vietnam’s labor productivity remains lower than several other countries in the region. Improving labor productivity has received much attention from Vietnamese agencies and sectors, especially now that Vietnam is fully participating in the ASEAN Economic Community.

More

Vietnam real estate continues to attract foreign investors

Vietnam real estate continues to attract foreign investors

3/3/2015 - 16:40

(VOVworld) – Last year foreign direct investment in real estate accounted for 40% of Vietnam’s total investment. Real estate came second to processing and manufacturing in FDI attraction. Thanks to various favorable conditions for the development of the real estate sector in Vietnam, this year the sector will remain an attractive investment channel among foreign investors.

More

Private economy growth to boost the national economy

Private economy growth to boost the national economy

2/24/2015 - 14:02

(VOVworld) – With increasing contributions to the GDP in recent years, the private sector is playing a more and more important role in the national economy. Promoting the sector is one of the Vietnamese government’s main tasks in the future to strengthen the economy.

More

HCMC attracts high tech for development

HCMC attracts high tech for development

2/10/2015 - 15:48

(VOVworld) – In recent years, Ho Chi Minh City has made a great deal of investment in building high tech parks to try to create a breakthrough in socio-economic development and international integration. The success so far suggests the city is moving in the right direction.

More

Mekong Delta seeks to brand its export fruits

Mekong Delta seeks to brand its export fruits

2/3/2015 - 16:53

(VOVworld) – Fruit growing is the strong point of the Mekong River Delta thanks to its rich soil and good weather. To export fruits more profitably, the local agricultural sector is paying close attention to improving product quality and building brands.

More

Investment in support industry encouraged

Investment in support industry encouraged

1/27/2015 - 16:40

(VOVworld) – Increased investment in the support sector is the core of Vietnam’s economic policy in 2015. To develop a true support industry, Vietnam is trying to create breakthroughs in investment attraction in the sector on top of building an open legal corridor.

More

8/31/2015

27°C

9/1/2015

25°C 32°C

Currency Buy Sell
USD 22,440 22,500
JPY 183 186
EUR 25,113 26,020
GBP 34,272 34,822
CNY 3,274 3,311

Wednesday August 26, 2015

Wednesday August 26, 2015

(VOVworld) - I’m reading an interesting letter from 61-year-old Lauri Niemi of Finland. He lives in a Helsinki surburb called Laajasalo, which actually is an island in the Gulf of...

More

Thai Phien flower village

Thai Phien flower village

A visit to Thai Phien flower village in Da Lat