Vietnam reaking news

Update news Vietnam reaking news

Vietnam's trade turnover reaches $16.6b

Vietnam’s total export and import value in the fortnight of March reached US$16.6 billion, of which export revenue made up $7.81 billion, the General Department of Customs reported.

Vietnam, Israel businesses sign health care cooperation deal

  TH Group of Vietnam and Israel’s MedicDan Ltd. and Sraromedic R.N International on March 21 inked a memorandum of understanding (MoU) on cooperation in a project to develop a high technology medical and health care complex in Hanoi.

Cement industry remains attractive to foreign investors

 Holcim Vietnam was renamed Siam City Cement Vietnam Co Ltd  after being acquired by Thailand’s Siam Cement City Public Co Ltd (SCCC).

Vietnam’s long-term goals not affected by US’s TPP withdrawal

The US’s withdrawal from the Trans-Pacific Partnership may make certain impacts on Vietnam’s short-term plans but will not affect the country’s long-term goals and integration direction.

Sum of its parts

 No one element of an investment attraction policy determines success.

Lao Cai’s property market has great potential: Savills

 The real estate market in Lao Cai Province is not developed, but has good potential, leading property services provider Savills Viet Nam Co Ltd said on Monday.

FLC Faros to invest us$2 billion in Quang Ninh

 Quang Ninh Province has permitted the FLC Group to study to invest in the high-end entertainment and services complex in Van Don Special Economic Zone.

SMEs can apply for loans until March-end

 The Government’s Small and Medium Enterprise Development Foundation (SMEDF) will receive applications for the first stage of the programme on financial support for small- and medium-sized enterprises (SMEs) until the end of this month.

Phu Yen looks to speed up racecourse project

 Phu Yen Province’s People’s Committee has asked the Australian Golden Turf Club Pty Ltd to accelerate the construction process of the US$100 million racecourse in the south central coastal province.

VN pursues dream of auto industry

 The Ministry of Industry and Trade (MoIT) will continue pursuing the dream of a real auto industry in Vietnam despite the failure of 20 years of efforts towards this goal. 

SOE equitisation: Gov’t must work on legal framework

 The equitisation of State-owned enterprises has been an attractive target for foreign investors, however, there are still challenges that discourage them from participating in those deals.

Price up for VN high-end property

 High-end and luxury housing continues to be an attractive segment in the national real estate market, with high demand and a good purchasing scale, experts have said.

Some banks in Vietnam enter new rate race

 Some commercial banks have entered a new interest rate hike race to lure medium- and long-term deposits, pushing the rate to a record high of more than 9 per cent per year.

Wood glue quality to be more tightly controlled

 Viet Nam will soon issue quality and technical regulations for wood glues to better control this input material for the wood processing industry, according to the Ministry of Agriculture and Rural Development.

Public debt growth due to missed GDP target

 The main reason for the rapid rise of Viet Nam’s public debt is the failure to achieve the targeted economic growth rate and the resulting tax collection shortfall, Finance Minister Dinh Tien Dung said on Monday.

Vietnam's textile - garment exports expected to grow without TPP

 Vietnam’s garment and textile sector is still enjoying good growth in exports to the US market even without the Trans-Pacific Partnership (TPP), according to Le Tien Truong, Director General of Vinatex.

HCM City offers interest subsidies for industrial projects

 The HCM City People’s Committee has issued regulations on interest support toward enterprises investing in the industrial sector and the support industry.

Developers interested in Sa Pa real estate market

 Sa Pa, a tourist destination in the northern mountainous province of Lao Cai, has become a magnet for real estate investors in recent years, according to insiders.

Vietnam's oil exploitation exceeds Q1’s target

 The Vietnam National Oil and Gas Group (PVN) produced about 6.45 million tonnes of crude oil in the first quarter of this year, exceeding its three-month plan by 5 percent.

Stakes are high

 The latest decree on gambling sets for the scene for the industry to finally secure a foothold in Vietnam.