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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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Vietnam boosts agriculture restructuring in 2013

Vietnam boosts agriculture restructuring in 2013

12/31/2013 - 18:06

(VOVworld) – Agriculture is contributing more than 20% of Vietnam’s GDP, accounting for up to one quarter of the national exports revenue, and creating jobs for half of the workforce with 65% of them in rural areas. Over the years, agriculture has been a foundation of Vietnam’s economy.

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7/24/2014

35°C

7/25/2014

25°C 34°C

Currency Buy Sell
USD 21,210 21,260
JPY 206 210
EUR 28,376 28,717
GBP 35,777 36,353
CNY 3,274 3,311

Wednesday July 23, 2014

Wednesday July 23, 2014

(VOVworld) - As a coastal country, Vietnam has frequently been affected by storms and floods. But in recent years, storms have increased in intensity and frequency due to global climate...

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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...