Card image cap
INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

CUSTOMS SECTOR FOCUSES ON CPTPP IMPLEMENTATION

Speaking at a workshop in HCM City yesterday, General Director of Vietnam Customs Nguyễn Dương Thái said the sector would reform administrative procedures, modernise customs, improve the business environment and enhance national competitiveness.

Card image cap
VIETNAM ECONOMY INVESTMENT

FDI COMMITMENTS TO VIETNAM HIT FOUR-YEAR HIGH

More than 1,360 new projects were licensed with total registered capital of $6.46 billion in January – May, surging 38 per cent against the same period last year, while 505 existing projects were injected an additional $2.63 billion, up 6 per cent year-on-year.

Card image cap
VIETNAM ECONOMY INVESTMENT

VN RUNS US$1.01 BLN TRADE DEFICIT

As of mid-May, Viet Nam ran a trade deficit of US$ 1.01 billion, the General Department of Customs reported.  In the first half of May, total trade turnover hit US$21.24 billion, including exports of US$9.69 billion and imports of US$11.54 billion.

Card image cap
VIETNAM ECONOMY INVESTMENT

TIGHTENING CREDIT FOR LUXURY HOME PURCHASES MIGHT ROCK REALTY MARKET: EXPERTS

According to financial and banking expert Nguyen Tri Hieu, increasing the credit risk ratio would push up lending interest rates for luxury home purchase loans, which would harm the liquidity of this segment.

Card image cap
VIETNAM ECONOMY INVESTMENT

FDI HITS NEARLY US$ 17 BLN IN FIRST FIVE MONTHS

FDI attraction totaled US$ 16.74 billion in the first five months of this year, representing a year-on-year growth of 69.1%, the Ministry of Planning and Investment (MoPI) reported.

Card image cap
VIETNAM ECONOMY INVESTMENT

JANUARY-MAY FOREIGN INVESTMENT PLEDGES HIT FOUR-YEAR RECORD

Foreign direct investment (FDI) pledges to Vietnam in the first five months of 2019 reached U.S.$16.74 billion, the highest figure in the last four years, according to the Foreign Investment Agency (FIA).

Card image cap
VIETNAM ECONOMY INVESTMENT

U.S. SUPPORTS STRONGER TRADE AND INVESTMENT TIES WITH VN

Deputy Prime Minister, Foreign Minister Pham Binh Minh had bilateral meetings with U.S. Secretary of the Treasury Steven Mnuchin, Secretary of Commerce Wilbur Ross, Acting Secretary of Defense Patrick Shanahan on Thursday.

Card image cap
LEGAL UPDATE / POLICY

GOVERNMENT ISSUES DECREE DETAILING LAW ON PLANNING

The Government has issued Decree 37/2019/ND-CP detailing implementation of some articles of the Law on Planning. The ruling also provides for the construction of a national information system and database on planning.