Business News

[21-07-2016] Dong Nai province attracted US$1.34 billion in new and additional foreign direct investment (FDI) pledges as of July 19, up 20% year-on-year and equivalent to 134% of the year’s plan, according to the provincial Department of Planning and Investment.

[21-07-2016] More European small and medium enterprises are flocking into Vietnam in anticipation of the EU–Vietnam Free Trade Agreement (EVFTA). Last week, a delegation of 30 European pharmaceutical firms in the environment and water sectors paid a working visit to Ho Chi Minh City to research the market and explore opportunities.

[19-07-2016] The southern province of Kien Giang strives to earn US$260 million from exports in the last five months of 2016 to fulfill its yearly target of US$440 million. Chairman of the provincial People’s Committee Pham Vu Hong directed relevant agencies to enact measures to boost exports, improve the business environment and competitiveness, and support businesses, especially temporarily inactive ones.

[18-07-2016] More European small and medium enterprises are flocking into Vietnam in anticipation of the EU–Vietnam Free Trade Agreement (EVFTA). Last week, a delegation of 30 European pharmaceutical firms in the environment and water sectors paid a working visit to Ho Chi Minh City to research the market and explore opportunities.

[18-07-2016]  As of late June, total trade turnover valued US$162.57 billion, up 2.4% or US$3.76 billion against the same period last year, according to the Viet Nam Customs Department.  In the first half, Viet Nam ran a trade surplus of nearly US$1.7 billion.

[27-06-2016] The consumer price index (CPI) in June saw a month-on-month rise of 0.46 per cent and a year-on-year growth of 2.4 per cent, reported the General Statistics Office (GSO). The GSO announced that the CPI expanded 1.72 per cent on average in the first half of 2016.

[24-06-2016] Some businesses have regained their strength after merger and acquisition (M&A) deals because foreign capital was pumped into the companies in a timely manner. Meanwhile, many others still are experiencing tough days.

[20-06-2016] As the biggest economic center of Vietnam, HCMC is feeling tied by a slew of prevailing regulations. It is desperate for a special governance mechanism so that the metropolis will be able to grow faster and thus fuel development in the rest of the nation. Over the years the most populous city of the country has repeatedly proposed a separate mechanism to unlock its huge potential.