VIET NAM, CHINA TO OPEN NEW BORDER GATE PAIR
The local authorities of Binh Lieu and Hai Ha districts in the northeastern province of Quang Ninh (Viet Nam) and Fang Cheng Zone in China’s Guangxi province have agreed to hold a ceremony to mark the official opening of Hoanh Mo - Dong Zhong Border Gate pair this month.
INDULGE IN CANTONESE CUISINE WITH E-MEMBERSHIP - NEW WORLD DINING CLUB
With the E-Membership Program - New World Dining Club, freely immerse yourself in the aromas, flavors, and textures of over 40 delicious dishes, rich in the culinary traditions of Guangdong, at Black Vinegar restaurant and many other dining venues at New World Saigon Hotel.
ECONOMIC NEWS RECAP - APRIL 2024
As we enter another month of 2024, it's a fitting time to review Vietnam's key economic developments in the past month. Thus, in our ongoing commitment to help everyone stay informed about Vietnam's economy, we are pleased to present to you the newest edition of our "Economic News Recap" series.
BUSINESS CONCERNS APPARENT ON LAND LAW
At a meeting in mid-April, Deputy Prime Minister Tran Hong Ha asked the Ministry of Natural Resources and Environment to continue clarifying issues with different opinions on the scope, subjects, and implementation policies of the law, while speeding up the online processing of administrative procedures related to land.
VIETNAM TO STRENGTHEN CARBON CREDIT MANAGEMENT
Prime Minister Pham Minh Chinh has urged ministries to work with relevant agencies to reach deals with international partners to develop a carbon credit market, reduce greenhouse gas (GHG) emissions, allocate emission quotas, and create green financial resources for Vietnam.
MPI TO AMEND DECREE 35 ON THE IMPLEMENTATION OF PPP REGULATIONS
Deputy Prime Minister Tran Hong Ha has permitted the Ministry of Planning and Investment (MPI) to draft amendments and supplements to Decree No.35/2021/ND-CP, which provide guidance for the implementation of the Law on Public-Private Partnership Investment.
BA RIA-VUNG TAU PROVINCE RANKS FIRST IN FOREIGN INVESTMENT CAPITAL
Statistics published by the Foreign Investment Agency under the Ministry of Planning and Investment showed that between January and April, Ba Ria-Vung Tau lured $1.52 billion in overseas funding, equalling 16.4 per cent of the total foreign investment in the whole country.
PHONE AND COMPONENT EXPORTS HIT $18.4 BILLION IN FIRST FOUR MONTHS
In terms of markets, the United States has become Vietnam's largest customer instead of China (in the first quarter of last year). Specifically, in the first quarter of this year, the US spent more than $3.05 billion importing all types of phones and components from Vietnam, an increase of 30.4 per cent on-year. The Chinese market ranked second with more than $2.5 billion, down 28 per cent on-year.
