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Vietnam may fail to meet government revenue target
Business

Vietnam may fail to meet government revenue target

NDO - The National Assembly’s Finance and Budget Committee (FBC) stated on October 23 that Vietnam may fail to meet its government revenue target for 2017, although the Ministry of Finance forecast

Experts call for acceleration of digital economy
Business

Experts call for acceleration of digital economy

NDO – Many countries that have underestimated and attempted to remain outside of the wave of the digital economy have to quickly change their strategies and take the initiative in approaching the

Association established to promote investment between Hokuriku and Vietnam
Business

Association established to promote investment between Hokuriku and Vietnam

NDO - An association of enterprises seeking to promote investment between Japan's Hokuriku region and Vietnam was established in Kanazawa city on October 20.

Sweden sees Vietnam as potential market for its eco-friendly wood materials
Business

Sweden sees Vietnam as potential market for its eco-friendly wood materials

NDO/VNA - Sweden’s wood materials industry sees Vietnam’s wood processing industry as a potential market for its eco-friendly, competitive and sustainable materials, speakers at a seminar said.

Nghe An Vissai wharf put into operation
Business

Nghe An Vissai wharf put into operation

NDO – Nghe An provincial People's Committee and Song Lam Cement Joint Stock Company under Vissai Group held a ceremony in Nghi Thiet commune, Nghi Loc district on October 21 to put into operation

A series of military enterprises to be equitised
Business

A series of military enterprises to be equitised

NDO – The Ministry of Defence said that only 17 military enterprises will have 100% of State-owned capital while 29 others will be equitised and 20 joint-stock military firms will be divested.

Forum seeks to promote export of Vietnamese pork
Business

Forum seeks to promote export of Vietnamese pork

NDO –The ‘Vietnam Pork Export Promotion Forum 2017’ was held for the first time in Hanoi on October 20 with the aim of seeking solutions to problems during the export of Vietnamese pork.

Finance Minister meets OECD Secretary-General and IMF Deputy Manager
Business

Finance Minister meets OECD Secretary-General and IMF Deputy Manager

NDO – Vietnamese Minister of Finance (MoF) Dinh Tien Dung, Chairman of the APEC 2017 Finance Ministers’ Meeting (FMM) hosted a reception for the Secretary-General of the Organisation for Economic

Quang Ngai gives nod to 14 projects worth over VND9 trillion
Business

Quang Ngai gives nod to 14 projects worth over VND9 trillion

NDO - The authorities of Quang Ngai province have granted investment certificates to 14 projects, with a total investment capital of over VND9 trillion (US$396 million), at the province's investment

APEC 2017 Finance and Central Bank Deputies’ Meeting kicks off
Business

APEC 2017 Finance and Central Bank Deputies’ Meeting kicks off

NDO/VNA - The latest updates on the implementation of the Cebu Action Plan (CAP) and activities of the APEC economic committee as well as financial cooperation progress will be the highlight of the

PM urges effective exploitation of FTAs
Business

PM urges effective exploitation of FTAs

NDO – Prime Minister Nguyen Xuan Phuc, head of the National Steering Committee for International Economic Integration, has recently signed Directive No. 38/CT-TTg on strengthening the effective

APEC 2017: Senior Finance Officials’ Meeting opens in Quang Nam
Business

APEC 2017: Senior Finance Officials’ Meeting opens in Quang Nam

NDO/VNA – Finance officials from the 21 APEC economies gathered in the central province of Quang Nam’s Hoi An ancient city to draft the Joint Ministerial Statement, on October 19.

Only 21% of Vietnamese SMEs join global value chain
Business

Only 21% of Vietnamese SMEs join global value chain

NDO - A forum on supporting SMEs in joining the global value chain was jointly held by the Vietnam Chamber of Commerce and Industry (VCCI) and Facebook in Hanoi on October 19.

Vietnam records US$24.1 billion in trade surplus with US
Business

Vietnam records US$24.1 billion in trade surplus with US

NDO - Vietnam’s merchandise trade surplus with the United States reached US$24.1 billion in the first nine months of 2017, according to the latest statistics released by the government.

JICA official: Payment delay – barrier to ODA-funded projects
Business

JICA official: Payment delay – barrier to ODA-funded projects

NDO/VNA – Payment and site clearance delay are major barriers to official development assistance (ODA)-funded projects in Vietnam, chief representative of the Japan International Cooperation Agency

Prime Minister works with Bac Ninh province on economic development
Business

Prime Minister works with Bac Ninh province on economic development

NDO/VNA - Prime Minister Nguyen Xuan Phuc has reminded the northern province of Bac Ninh to choose projects that match its plan to develop itself into a hi-tech industrial province.

Roadshow introduces auction of SCIC’s stake at Vinamilk
Business

Roadshow introduces auction of SCIC’s stake at Vinamilk

NDO/VNA - The State Capital Investment Corporation (SCIC) organised a roadshow in Ho Chi Minh City on October 18 to introduce opportunities from the offloading of its 3.33% stake at the Vietnam Dairy

Hanoi proposes construction of Me So Bridge at US$215 million
Business

Hanoi proposes construction of Me So Bridge at US$215 million

NDO - The Hanoi municipal government has proposed constructing the Me So Bridge connecting the city’s Thuong Tin district with Hung Yen province at a cost of approximately VND4.89 trillion (US$215

City promotes investment connection with Korean firms
Business

City promotes investment connection with Korean firms

NDO – Ho Chi Minh City is committed to improving its investment environment and creating favourable conditions for foreign businesses, including those from the Republic of Korea (RoK), so that they

Over US$15.5 billion worth of FDI poured into Bac Ninh
Business

Over US$15.5 billion worth of FDI poured into Bac Ninh

NDO – Foreign direct investment (FDI) flow into Bac Ninh province has increased from US$177.6 million, invested in four projects in 1997, to over US$15.5 billion on more than 1,080 projects from 32

Vietnam targets US$2.5 billion in rice export revenues by 2030
Business

Vietnam targets US$2.5 billion in rice export revenues by 2030

NDO - The Ministry of Industry and Trade (MOIT) has set the target of raising Vietnam’s rice export revenues to between US$2.3 and 2.5 billion by 2030.

Sponsors for Vietnam APEC Year 2017 announced
Business

Sponsors for Vietnam APEC Year 2017 announced

NDO – The sponsors for the Vietnam APEC Year 2017 were announced at a ceremony, held by the sponsorship mobilisation board, under the APEC 2017 National Committee, and the relevant units, in Hanoi on

Hanoi Gift Show boosts export opportunities for craft products
Business

Hanoi Gift Show boosts export opportunities for craft products

NDO – The 2017 Hanoi Gift Show, taking place in Hanoi from October 17 to 20, is expected to provide a good opportunity to promote the export of handicrafts and ethnic items from craft villages in

Enhancing capacity to increase links
Business

Enhancing capacity to increase links

NDO - Vietnam should revise its policy framework, with great importance being attached to increasing the capacity of domestic enterprises, in order to boost the links between domestic and foreign

PVEP exceeds nine-month oil exploitation goal
Business

PVEP exceeds nine-month oil exploitation goal

NDO - The PetroVietnam Exploration Production Corporation (PVEP) extracted 3.75 million tonnes of oil equivalent, in the first nine months of 2017, representing 112% of the nine-month target and 85%