Business News

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FDI FIRMS TO BE LISTED SOON: MINISTRY OF FINANCE

In other markets such as South Korea, Japan, Singapore and Thailand, a number of FDI firms are listed on the stock markets and there is no difference or discrimination between foreign-invested firms and domestic firms.

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POSITIVE OUTLOOK FOR VIETNAM ECONOMY IN SECOND HALF OF 2019

The successful signing of EVFTA agreement will create great opportunities for businesses and investors of both sides in the future. From an export perspective, EU is a big trading partner of Vietnam with a market of 512 million people and high income. This will be a fertile land for Vietnam's spearhead exports such as textiles, footwear, agricultural products, wooden products.

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MOC PLANS TO RELEASE QUARTERLY REPORTS ON PROPERTY MARKET

The Ministry of Construction (MoC) plans to start releasing quarterly reports on the domestic real estate market to increase transparency, Minister of Construction Phạm Hồng Hà said in a ministry meeting late last week.

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ĐỒNG NAI MEETS 2019 FDI TARGET IN JUST SIX MONTHS

Representatives of the provincial Department of Planning and Investment said most of the projects were high-tech, environmentally friendly and suitable for the province’s investment attraction policy.

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GARMENT AND FOOTWEAR FIRMS WILL HAVE TO WAIT FOR EVFTA BENEFITS

This means for the first few years of EVFTA's implementation, most local garment and footwear products will not benefit from the EVFTA because MFN rates for those products are higher than GSP rates of 9 per cent for garment products and 3-4 per cent for footwear products at present.

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VIETNAM FDI ATTRACTION REACHES RECORD HIGH

According to the General Statistics Office of Vietnam, the foreign direct investment (FDI) from the beginning of the year to June 20, 2019 reached a record high of 1,723 newly approved projects with a registered capital of over US$7.4 billion.

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FIRST-EVER WHITE BOOK ON VIETNAMESE BUSINESSES LAUNCHED

The publication, to be published on an annual basis, provides an overall picture of the development of domestic businesses arranged according to sectors, business types and localities, serving as reference for the Government, ministries, sectors and localities in designing strategies, plans and policies for sustainable and effective development of businesses on both national and local scales, Lâm said.

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VIETNAM’S POPULATION REACHES 96 MILLION, RANKS 15TH GLOBALLY

The statistics released at the teleconference on preliminary results of the 2019 Vietnam Population and Housing Census show that of the total 96,208,984 people, the male population amounts to over 47.8 million, accounting for 49.8% of the total, and the female population is over 48.3 million, representing 50.2%, the local media reported.

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PROGRAMME ON KEY INDUSTRIAL PRODUCTION EYES FDI FIRMS

Producers are often key exporters in their sectors accounting for a majority of the city’s total industrial output while at the same time creating jobs for local people. Their businesses are also highly competitive and sustainable.