VIETNAM TARGETS HIGH GROWTH TO 2020
[13-02-2016] Viet Nam aims to achieve annual average economic growth of 6.5 per cent to 7 per cent through 2020, striving to turn itself into an advanced industrial country soon, according to the Resolution of the 12th National Party’s Congress.
RESOLUTION ON SIGNING TPP ISSUED
[03-02-2016] The Government has issued a Resolution on inking the Trans-Pacific Partnership Agreement (TPP). Accordingly, the Government approved the signing of the TPP and assigned the Minister of Industry and Trade to ink the Agreement with authorized representatives of nations joining the TPP.
EU PUBLISHES EU-VIETNAM FREE TRADE AGREEMENT
[02-02-2016] The European Union (EU) today published the full text of the free trade agreement between the EU and Vietnam. The step follows the conclusion of the negotiating process in December. It will allow all interested stakeholders to become familiar with the content of EU-Vietnam Free Trade Agreement (EVFTA) well in advance of the domestic ratification processes both in the EU and in Vietnam.
JAN INDUSTRIAL PRODUCTION PICKS UP 6%
[03-02-2016] Vietnam’s industrial growth is put at 5.9% in January against the same period last year, data of the Ministry of Industry and Trade showed. Some industries with significant growth last month were processing-manufacturing with 8.2%, electricity generation with 13.2%, mining with 4.2%, water supply with nearly 10%, motor vehicles with 16%, metal production with 14%, beverages with 15% and apparel with 12%.
HCM CITY BUSINESSES INVEST $3B IN CENTRAL HIGHLANDS
[02-02-2016] Over 200 enterprises from HCM City have poured nearly VND68 trillion (about US$3 billion) into 287 projects in the Central Highlands, according to the region's Steering Committee.
AMENDED INVESTMENT & ENTERPRISE LAWS PUT INTO REALITY
[14-01-2016] The amended Investment and Enterprise Laws were put into practice over half of a year with sharp increase in the number of newly-established enterprises and positive signals. Especially, six guiding documents were introduced with a view to ensuring the effective enforcement of the two laws.
LONG AN LEADS MEKONG DELTA REGION IN FDI ATTRACTION
[12-01-2016] Long An leads the Mekong Delta region in foreign direct investment (FDI) attraction with 105 projects licensed in 2015 with a total registered capital of US$904 million. Among provinces and cities in the Mekong Delta, Long An granted investment licences to 105 FDI projects with a total registered capital of US$904 million in 2015, an increase of 10 projects and US$533 million in capital, compared to the previous year.
PM ASSIGNS DEVELOPMENT TARGETS IN 2016
[12-01-2016] Prime Minister Nguyen Tan Dung recently signed a decision to allocate socioeconomic development tasks and plans to eight ministries, namely the Ministry of Planning and Investment, the Ministry of Finance, the Ministry of Public Security, the Ministry of National Defence, the Ministry of Agriculture and Rural Development, the Ministry of Industry and Trade, the Ministry of Health, and the Ministry of Labour, Invalids and Social Affairs.
