Foreign investors pump US$6 billion into HCM City via M&A

Foreign investors pump US$6 billion into HCM City via M&A

NDO/VNA – As a popular investment channel for foreign investors in recent times, mergers and acquisitions (M&A) secured Ho Chi Minh City US$6 billion in foreign direct investment (FDI) projects in 2018. (5 hours ago)


Vietnam officially begins mango exports to US

  Feb 18, 2019 21:26:29
NDO/VNA – Vietnam has now begun officially exporting its mangoes to the US market, after the US Department of Agriculture (USDA) gave permission for the import of fresh mangoes from the Southeast Asian nation in 2017. 

Prospects of the banking sector

  Feb 18, 2019 16:44:07
NDO - A number of credit institutions reported record profits in addition to stable liquidity and interest rates and low non-performing loans in 2018,which will be the basis for credit institutions to be more optimistic about their business prospects in 2019. 

Inflation forecast to increase slightly this year

  Feb 18, 2019 16:41:26
NDO - A series of factors will be the key drivers of Vietnam’s consumer price index for 2019, which is projected to be a bit higher than last year. 

Vietnam takes steps to fly direct to United States

  Feb 18, 2019 10:32:36
NDO - Vietnam has been granted a Category 1 rating by the US Federal Aviation Administration (FAA), meaning that the country complies with international safety standards and its air carriers can now establish direct service to the US. 

Aquatic sector aims at US$10 billion export revenue in 2019

  Feb 17, 2019 14:23:18
NDO –The Vietnamese aquatic sector set a target of raising its export revenue to US$10 billion in 2019, heard a conference on the aquatic export plan in 2019 held by the Vietnam Association of Seafood Exporters and Producers (VASEP) in Ho Chi Minh City on February 16. 

Multiple key transport projects to commence in 2019

  Feb 16, 2019 16:56:38
NDO – In 2019, the Ministry of Transport plans to start the construction of 16 traffic projects with a total investment of about VND26 trillion (US$1.1 billion) 

PM asks central localities to promote regional connectivity

  Feb 15, 2019 21:57:27
NDO/VNA - Localities in the central region need to pay special attention to enhancing regional connectivity in their development policies, Prime Minister Nguyen Xuan Phuc requested at a meeting of the Council for the Central Key Economic Region in Thua Thien-Hue province on February 15. 

Grab-Uber deal calls for end of monopoly in ride-hailing market

  Feb 15, 2019 12:39:06
NDO - The final verdict on whether Grab’s acquisition of Uber violates Vietnam’s competition laws has yet to be decided, pending further investigation. But the impact of Grab’s monopoly on service quality has already been too obvious. 

Vietnam’s Gov’t not intervene in domestic carbon steel prices: Canadian agency

  Feb 15, 2019 10:59:04
NDO/VNA – There is not enough ground to say that the Government of Vietnam intervenes in the domestic prices of the carbon steel welded pipe industry, according to the final determination by the Canada Border Services Agency (CBSA). 

Industry 4.0 offers opportunities for agricultural breakthroughs

  Feb 15, 2019 07:42:07
NDO – In the 4th Industrial Revolution (Industry 4.0), agriculture is considered one among the most lucrative sectors with opportunities to make breakthroughs. As smart agriculture is an inevitable trend, domestic tech enterprises have actively researched and developed solutions to help Vietnam's agriculture sector to realise this goal. 

Conference discusses refining policies on FDI attraction

  Feb 14, 2019 21:33:00
NDO/VNA – Deputy Prime Minister Vuong Dinh Hue chaired a consultation conference in the southern province of Binh Duong on February 14 to discuss orientations towards refining mechanisms and policies on foreign direct investment (FDI) in the new context. 

CPTPP tariff cuts and SOE monopoly removal usher in opportunities

  Feb 14, 2019 17:32:08
NDO - In a bid to attract more investment and expand trade, Vietnam will soon officially implement its commitments to decrease and remove export and import tariffs, as well as eliminating state ownership in enterprises under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Thu Ha reports. 

Over 540 enterprises produce high quality goods

  Feb 14, 2019 17:01:16
NDO – Products of 542 businesses were certified as ‘high quality Vietnamese goods’ as part of a 2019 nationwide survey conducted by the Business Association of High Quality Vietnamese Goods. 

Vietnam to include underground economy in GDP data in 2020

  Feb 14, 2019 11:15:09
NDO - Prime Minister Nguyen Xuan Phuc has approved a scheme to measure non-observed economic activity in Vietnam, with data beginning to be released in 2020.