CAP OF 5% INFLATION IN NEW ECONOMIC PLAN
[15-08-2016] The Ministry of Planning and Investment is developing a plan on restructuring the economy by 2020 aiming to renovate the growth model towards improving efficiency and competitiveness of the economy.
HCM CITY REGISTERS GROWTH IN INDUSTRIAL PRODUCTION INDEX
[11-08-2016] The Index of Industrial Production (IIP) in Ho Chi Minh City expanded by 7.05% in the first seven months of 2016. Notably, key industrial sectors, including mechanics-manufacturing, electronics, chemical-rubber-plastic and food processing, posted a year-on-year rise of 7.3%, higher than the common growth of industry as a whole.
BA RIA VUNG TAU CALLS FOR INVESTMENT IN FOUR KEY AREAS
[11-08-2016] The southeastern province of Ba Ria – Vung Tau on August 10 organised a conference in Ho Chi Minh City calling for investment in four major areas. Those four areas are hi-tech industrial projects with high added value, energy saving, environmentally friendly and highly competitive products; seaport logistics for Cai Mep – Thi Vai international transit port; high-quality tourism projects focusing on sea resort tourism, Meetings, Incentives, Conferences, and Events ( MICE ) tourism, high-quality ecotourism and spiritual tourism; hi-tech agricultural projects with processing facilities and agricultural mechanics.
STATE PRESIDENT HIGHLIGHTS POTENTIALS IN VN, JAPAN€™S ECONOMIC COOPERATION
[10-08-2016] State President Tran Dai Quang on August 10 received Managing Executive Officer and Regional Chief Executive Officer of ASEAN Marubeni Corporation Shoji Kuwayama. Mr. Quang lauded developments in Viet Nam-Japan relations in all fields as Japan continues to remain the top economic partner, the largest Official Development Assistance (ODA) provider, and the second largest investor, and ranks fourth in trading with Viet Nam.
CAN THO ATTRACTS $175M IN FDI
[09-08-2016] Cần Thơ City has attracted US$175.7 million of foreign direct investment (FDI) capital this year, including a South Korean shoe-production plant that will be the largest FDI project in the Mekong Delta region.
JAN-JUL FDI APPROVALS NEAR US$13 BILLION
[01-08-2016] Foreign direct investment (FDI) approvals have amounted to US$1.65 billion in July, taking the January-July total to nearly US$13 billion, according to the Ministry of Planning and Investment.
SERIES OF FRESH POLICIES TAKE EFFECT IN AUGUST
[01-08-2016] A string of new policies on tougher fires on transport violations and amendment of labor export regulations shall take effect in August.
DRAFT DECREE ON BUSINESS LICENSE FOR FOREIGN INVESTORS
[26-07-2016] The Ministry of Industry and Trade has proposed regulations on conditions for granting business licenses for foreign investors at a draft Decree instructing in details commodity trading and other related activities carried out by foreign-invested enterprises in Viet Nam as part of the Law on Trade.
