New business registration in March hits 6-year high

New business registration in March hits 6-year high

NDO - The number of companies registered in March was estimated at 12,027, the highest monthly figure in the past six years, according to the Ministry of Planning of Investment’s Enterprise Development Agency (EDA). (3 hours ago)

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Vietnam does not import meat from embattled Brazil plants

  Mar 25, 2017
NDO - Officials have confirmed that Vietnam has not imported any meat from Brazil’s 21 meat-packaging plants under police investigation for allegedly selling unsafe products for years.  

Deputy PM requires faster construction of Song Hau power centre

  Mar 24, 2017
NDO/ VNA – Deputy Prime Minister Trinh Dinh Dung urged contractors to accelerate the construction of the Song Hau electric power centre during his inspection at the site in the Mekong Delta province of Hau Giang on March 24.  

Forum looks to tighten Vietnam-Argentina economic links

  Mar 24, 2017
NDO/VNA - A forum was held in Buenos Aires on March 23 to give Argentinean businesses an insight into Vietnam’s economy and the two countries’ economic, trade and investment cooperation potential, which is said to remain untapped.  

Manufacturing and processing industry occupies nearly 85% of FDI in Q1

  Mar 24, 2017
NDO—Foreign enterprises have invested in 18 sectors in the first quarter of this year, with US$6.54 billion poured into the manufacturing and processing industry, accounting for 84.9% of the total registered foreign direct investment (FDI) capital, according to the Foreign Investment Department.  

Reasonable interest rates required for VND100 trillion credit for hi-tech agriculture

  Mar 24, 2017
NDO - Deputy Prime Minister Vuong Dinh Hue has requested the banking system cut costs to reduce interest rates of the VND100 trillion credit package for enterprises committed to hi-tech agriculture projects by 0.5-1.5% compared to normal rates.  

Vietnam suspends meat imports from Brazil

  Mar 24, 2017
NDO/ VNA – Vietnam has suspended the imports of meat, livestock and poultry products from 21 factories of Brazil which are suspected of containing unhygienic substances.  

HCM City partners with Israeli firms to improve business climate

  Mar 24, 2017
NDO/ VNA – Chairman of the Ho Chi Minh City People’s Committee Nguyen Thanh Phong committed to maintaining partnerships with Israeli firms operating in the city to improve its business climate during a business forum held in the city on March 23.  

World Bank chief praises Vietnam’s reforms to support businesses

  Mar 23, 2017
NDO - World Bank chief executive officer Kristalina Georgieva has praised the steps that the Vietnamese government is taking to make it easier for business to open, operate and terminate operations. 

Dong Nai: Private companies’ registered capital hit record

  Mar 23, 2017
NDO - From the beginning of this year, the registered capital of privately-owned enterprises in the southern province of Dong Nai approximated VND10.7 trillion (US$470 million), up 140% compared to the same period last year. 

Vietnam among Asia's biggest spenders on infrastructure: Bloomberg

  Mar 23, 2017
NDO - Vietnam is among the leading countries in Asia investing in infrastructure even thought it is one of the smallest economies in the region, according to Bloomberg. 

Singaporean developer opens 1st office tower in Vietnam

  Mar 23, 2017
NDO/VNA—Mapletree Investments Pte, Ltd., a Singapore-owned real estate developer, on March 22 saw its first office tower in Vietnam inaugurated by Singaporean Prime Minister Lee Hsien Loong and Vietnamese Deputy Prime Minister Trinh Dinh Dung. 

Binh Duong takes lead in foreign investment attraction

  Mar 22, 2017
NDO/VNA – The People’s Committee of southern Binh Duong province attracted over US$1.34 billion in foreign-invested projects in the period from the beginning of this year to March 15, leading the country in foreign investment attraction.  

Shrimp exports expected to reach US$5 billion by 2020

  Mar 22, 2017
NDO/VNA – Shrimp exports are expected to reach between US$4.5-5 billion by 2020, with an annual increase of between 9.5-12%.  

India lifts ban on agricultural products imported from Vietnam

  Mar 22, 2017
NDO - India officially removed the suspension of several agricultural products imported from Vietnam from March 22 including coffee, black pepper, cassava, cinnamon and dragon fruit, according to Vietnam's Ministry of Industry and Trade.