Vietnam’s M&A waiting for a new boom

Vietnam’s M&A waiting for a new boom

8/11/2015 - 16:05

(VOVworld) – Vietnam has witnessed dynamic mergers and acquisitions in both domestic and foreign firms of all sizes. The rapid growth comes from opportunities created by trade agreements with other countries and Vietnam’s new policies to increase foreign ownership in Vietnamese enterprises and allow foreigners to buy houses in Vietnam.

More

Vietnamese enterprises under pressure of import tariff cut from ASEAN

Vietnamese enterprises under pressure of import tariff cut from ASEAN

8/4/2015 - 14:57

(VOVworld) – By the end of this year, the ASEAN Economic Community (AEC) is scheduled to take shape under which the tariffs of many items will be removed or slashed to 5%. In less than 3 years, 97% of goods imported from ASEAN members will be exempted from duty. This will create both opportunities and challenges for Vietnamese businesses.

More

Level playing field needed for Vietnamese enterprises to integrate

Level playing field needed for Vietnamese enterprises to integrate

7/28/2015 - 17:03

(VOVworld) - A number of Vietnam’s multilateral and bilateral free trade agreements with other countries have taken effect, which has impacted Vietnam’s economy, businesses, and people. Vietnam will likely sign more trade deals, like the Trans-Pacific Partnership and the EU-Vietnam free trade agreement, with even more commitments to open its market. Vietnamese enterprises can grow only if they learn to...

More

FTAs and opportunities for Vietnam’s market restructuring

FTAs and opportunities for Vietnam’s market restructuring

7/21/2015 - 17:08

(VOVworld) – Vietnam has proven that it is fully integrating internationally by a series of free trade agreements that have been signed or will be signed in the near future. Although Vietnamese enterprises face many challenges and many things need to be done to take advantage of the trade deals, this is a great opportunity for Vietnam to restructure its...

More

Vietnamese economy in 1st half of 2015 creates stable growth momentum

Vietnamese economy in 1st half of 2015 creates stable growth momentum

7/14/2015 - 16:42

(VOVworld) – The Vietnamese economy witnessed positive changes in the first half of the year in which GDP increased nearly 6.3% against the same period last year. It’s also the highest rate since 2011. It’s predicted that Vietnam will face more challenges during the remaining months but the outcome might be a boost for businesses and foreign investors.

More

Important steps in the development of Vietnam-US economic relations

Important steps in the development of Vietnam-US economic relations

7/11/2015 - 8:42

(VOVworld) – In the 20 years since the normalization of diplomatic relations, Vietnam-US relations have greatly expanded, particularly in economics, trade, and investment. Two-way trade has increased to the point where the US is Vietnam’s biggest export market.

More

EU-Vietnam FTA: turning challenges into development opportunities

EU-Vietnam FTA: turning challenges into development opportunities

7/8/2015 - 9:22

(VOVworld) – The EU-Vietnam free trade agreement is in the negotiation stage and likely to be signed this year, promising many opportunities for Vietnam in tax slashing, commercial advantages, investment attraction, and market expansion. In addition to benefits will come challenges which both the Vietnamese government and businesses should pay more attention to and make necessary changes in regulations, policies,...

More

2014 Enterprise Law to create transparent environment for businesses

2014 Enterprise Law to create transparent environment for businesses

7/1/2015 - 12:06

(VOVworld) – The revised Enterprise Law will officially take effect on July 1st under which timelines will be slashed to 3 days instead of 5 to 10 days in the past. Facilitating favorable conditions for individuals and enterprises to register business licensing will boost Vietnam’s economy.

More

Vietnam’s litchi exports open opportunities for exports of other farm produce

Vietnam’s litchi exports open opportunities for exports of other farm produce

6/23/2015 - 20:40

(VOVworld) – Vietnam’s litchi has recently been exported to the US, Australia, France, and Malaysia. This is a positive sign for exporters of several other specialty fruits of Vietnam.

More

HCM City businesses promote investment in Russia

HCM City businesses promote investment in Russia

6/16/2015 - 15:31

(VOVworld) – Since a free trade agreement between Vietnam and the Eurasian Economic Union (EAEU) was signed, many businesses in Ho Chi Minh City have stepped up their investment in Russia. As a potential market, the investment flow is likely to be full of promise.

More

Vietnam, Eurasian Economic Union’s trade deal offers more opportunities

Vietnam, Eurasian Economic Union’s trade deal offers more opportunities

6/10/2015 - 7:17

(VOVworld) – Late last month, Vietnam signed a free trade agreement with the Eurasian economic union (EAEU) after two years of negotiations. The move is expected to offer major opportunities for Vietnam’s important export commodities such as agricultural and industrial goods like textiles, footwear, furniture, and some processed products.

More

One-stop-shop customs model between Vietnam and Laos

One-stop-shop customs model between Vietnam and Laos

6/5/2015 - 10:54

(VOVworld) – The one-stop-shop customs model between Vietnam and Laos was first implemented at the Dansavan-Lao Bao international border checkpoint. Under this model, Lao and Vietnamese customs personnel together check all people and goods at one point only.

More

Investment opportunities in Central Highlands region

Investment opportunities in Central Highlands region

5/26/2015 - 15:35

(VOVworld) – The Central Highlands holds a strategic position in Vietnam’s socio-economic development, defense, and security. To maximize advantages and potentials for local socio-economic growth, Central Highlands provinces need to outline special preferential policies and mobilize greater investment resources for sustainable development.

More

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

Wednesday May 18, 2016

Wednesday May 18, 2016

(VOVworld) - We’ve received a lovely postcard and letter from Marlene Sherburne of the US. She wrote: “I haven’t written to you in some time and wanted to send you...

More

Welcome to Vietnam

Welcome to Vietnam

Welcome to Vietnam