Business News

[13-06-2016] This growth would be due to rising foreign direct investment, growing exports of manufactures and solid labour markets. Under the latest update of its Global Economic Prospects report, the WB forecast that among the large developing ASEAN economies, Vietnam and the Philippines have the strongest growth prospects.

[08-06-2016] The city’s industrial production index was estimated to increase by 7.7 per cent over the same period last year. Export revenue in the first five months of the year reached US$4.314 billion, a year-on-year increase of 0.3 per cent, while the year-to-date import revenue reached US $9.281 billion, down by 6.2 per cent over the corresponding period last year.

[11-06-2016] Resolution No.35 recently issued by the Government reflects the high level of determination to support and develop the business community, which requires ministries and state management agencies to drastically reform procedures to facilitate enterprises’ operations.

[09-06-2016] Ha Noi is calling for investment in 52 transport infrastructure projects under public-private partnership (PPP) form in 2016-2020. This is the first time Ha Noi publicly has called for private sector participation in the construction of transport and infrastructure facilities under PPP form.

[31-05-2016] Foreign investors registered to pump approximately US$10.16 billion into Viet Nam in the first five months of this year, surging 136 per cent from a year ago, statistics from the Ministry of Planning and Investment reveals.

[29-05-2016] There were more than 44,700 newly established enterprises in Viet Nam with total capital of VND349.5 trillion (US$15.5 billion) in the first five months of this year. According to the Department of Business Registration, this represents a 24 per cent year-on-year increase in the number of new businesses, and a 59 per cent year-on-year increase in capital.

[10-05-2016] South Korea’s foreign direct investment (FDI) in Vietnam picked up and accounted for 41.2% of all FDI approvals nationwide in the first four months of this year, according to the Foreign Investment Agency (FIA).

[09-05-2016] Tough punishments on USD deposit interest rate ceiling violation, construction on a US$220 million wind power plant in Tra Vinh, fuel prices increasing VND600 per liter and Industrial Production Index (IPI) up 8% are highlights in the national economy from May 2-8.