Vietnam’s economic prospects in 2015

Vietnam’s economic prospects in 2015

1/3/2015 - 8:42

(VOVworld) – In 2015, Vietnam’s economy is forecast to continue growing sustainably and enjoy a stronger rally than in 2014 because the GDP is set at 6.2% with a better business environment for investors.

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Sample farming models – key to success of Vietnam’s agricultural restructuring

Sample farming models – key to success of Vietnam’s agricultural restructuring

12/30/2014 - 15:21

(VOVworld) – 2014 was an important year for Vietnam’s agriculture sector in implementing the restructuring plan approved by the Prime Minister last June. The sector has developed the large-field farming models and specialized material production zones for exports. Initial results suggest these models will furnish a sustainable development direction for the agricultural sector.

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2014 FDI attraction improved in quality and quantity

2014 FDI attraction improved in quality and quantity

12/23/2014 - 15:14

(VOVworld) – In 2014, Vietnam’s FDI attraction has seen improvement in both quality and quantity with much investment in high-tech, processing technology, manufacturing, and infrastructure development. Vietnam has been praised for creating a more favorable business environment for foreign investors.

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Outcomes of 2014 economic restructuring program

Outcomes of 2014 economic restructuring program

12/16/2014 - 16:32

(VOVworld) – In 2014, Vietnam’s economic restructuring program has focused on public investment, corporate, banking and financial reform. Despite worse results than hoped, the government’s efforts to boost economic restructuring have proven effective, creating a foundation to speed up the process in the next phase.

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Vietnam boosts exports towards high value-added chains

Vietnam boosts exports towards high value-added chains

12/9/2014 - 14:46

(VOVworld) – Vietnam has exported a great deal of agricultural and aquatic products but many items remain in the form of raw materials. This issue is receiving much attention from the Vietnamese government in its strategic export orientation.

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More changes for Vietnam, Russia’s economic and trade ties

More changes for Vietnam, Russia’s economic and trade ties

12/2/2014 - 15:34

(VOVworld) – The just-concluded visit by Party leader Nguyen Phu Trong to Russia has marked a new milestone in strengthening the comprehensive strategic relations between Vietnam and Russia. Along with 9 cooperative agreements signed during this trip, economic and trade cooperation will be promoted.

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Resolutely clearing up bad debts along with bank restructuring

Resolutely clearing up bad debts along with bank restructuring

11/25/2014 - 14:50

(VOVworld) – In the master-plan on economic restructuring approved by the Prime Minister last year, bank restructuring and handling bad debts are considered key tasks. The settlement of bad debt has gained initial results after the program to restructure the banking system was launched 3 years ago.

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HCM City boosts supply and demand connection with other provinces

HCM City boosts supply and demand connection with other provinces

11/19/2014 - 16:31

(VOVworld) – The trade cooperative program to connect supply and demand between Ho Chi Minh City and the eastern and southwestern provinces over the past 3 years has positively impacted supply resources and distribution networks. The program has gathered producers, farmers, and distributors to jointly find ways to ensure a qualified and stable supply for businesses in Ho Chi Minh...

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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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8/5/2015

28°C

8/6/2015

23°C 30°C

Currency Buy Sell
USD 21,780 21,840
JPY 173 176
EUR 23,539 23,821
GBP 33,565 34,104
CNY 3,274 3,311

Wednesday, July 29, 2015

Wednesday, July 29, 2015

A: We’d like to say hello today to Mogire Machuki of Kenya. In an email to VOV this week, he wrote: “Greetings from Kisii Kenya, my pleasure connecting with VOV,...

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Hoi An Ancient Town Vietnam-Vietnam Tourism

Hoi An Ancient Town Vietnam-Vietnam Tourism

Hoi An Ancient Town Vietnam-Vietnam Tourism