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Vietnam’s FDI inflow up in 10 months

Vietnam attracted US$29.11 billion in foreign direct investment (FDI) in the first ten months of 2019, up 4.3 per cent over the same period last year, the Ministry of Planning and Investment’s Foreign Investment Agency said on Monday.

 

Chinese port wants to invest in logistics, open a line to Vung Ang port

Chinese Xiamen Port Group met with Ha Tinh Province’s People's Committee recently to explore opening a container line between Vung Ang and Xiamen ports as well as invest in local logistics.

 

Streamlined admistrative system required to boost business environment: The World Bank

The outlook for Vietnam’s business environment remains positive but further digitalisation and streamlining of the administrative system are required, a World Bank expert has said.

 

Vietnam works hard to combat illegal fishing

Viet Nam has taken various measures to handle illegal, unreported and unregulated (IUU) fishing since it received a “yellow card” warning from the European Commission (EC) in October 2017.

 

Korean automobile electric cable group wants to invest in Vietnam

South Korea’s THN Group is considering investing in a US$10 million automobile electric cable factory in the central province of Thanh Hoa.

Mega project invites domestic investors to bid

The mega infrastructure project North-South Expressway has started inviting domestic enterprises to apply for bidding, a month after the Ministry of Transport ruled foreign companies ineligible to participate in the project.

 

Strong growth, but rising bottleneck risks forecast for Vietnam

Fitch Solutions has revised up its real GDP growth forecast for Vietnam to 6.9 per cent in 2019, from 6.5 per cent previously.

Vietnam's import-exports to top $500b

Vietnam's import-export turnover was on target to hit US$500 billion this year, said director of the General Department of Customs Nguyen Van Can.

Hanoi heads to the UK looking for investors

Hanoi will organise a five-day promotion conference on trade, investment and tourism in London this week, the municipal People's Committee has announced on its portal.

 

Vietnamese port infrastructure needs solutions to keep pace with growth

The Vietnamese port industry needs further investment to keep pace with the country’s rapid economic growth and reduce logistic costs for businesses.

 

Vietnam, Asia's new manufacturing hub

Amidst these uncertainties, Việt Nam has emerged as a prime alternative manufacturing location in Asia.

Vietnamese goalkeeper Dang Van Lam among best 10 goalies of World Cup qualifiers

Vietnamese goalkeeper Dang Van Lam was named among the 10 best goalies of the 2020 World Cup qualifiers in the Asian zone by afc.com on Wednesday.

Worker exodus worries Binh Duong Province, Japanese companies

More welfare policies are needed to attract workers to the southern province of Binh Duong and persuade them to stay.

Consistent policies key to draw foreign investment into Vietnam: officials

European and American investors were concerned by the lack of rigid policies on corporate transparency and intellectual protection.

Vietnam Business Summit 2019 opens in Hanoi

The Vietnam Business Summit 2019 (VBS 2019), one of Vietnam’s biggest international business-related events, opened in Hanoi today.

Vietnamese SOEs must reform and invest in technology

State-owned enterprises (SOE) must strive to reform and become innovation centres in today's modern economy.

Film screening of Ballet La Dame Aux Camélias at TOONG

A film screening of the ballet La Dame Aux Camélias (The Lady of the Camellias), staged by the Moscow-based Bolshoi Theatre in 2015, will be held at TOONG Coworking Space in District 3 on October 17 and 18.

VIETNAM NEWS HEADLINES OCTOBER 16

Billion-dollar smart city will express the spirit and vision of a new Hanoi

 

Huong wins Vietnam’s first world boxing bronze

Nguyen Thi Huong won a historic bronze medal at the AIBA World Boxing Championships which closed in Ulan Ude in Russia on Sunday.

WEF: East Asia, Pacific the world’s most competitive regional economy

Economies of East Asia and the Pacific as a region together outperformed other regions of the world with the highest media score – topped off by Singapore which elevated as the world’s most competitive economy.