Vietnam – India trade sees strong growth

Vietnam – India trade sees strong growth

NDO – Vietnam – India bilateral trade increased 42.95% in the first seven months of this year, according to the Vietnam Trade Office in India.  (Aug 15, 2017)


Vietnam formally launches derivatives market

  Aug 10, 2017
NDO - The derivatives market has been officially launched in Vietnam in a move expected to fine-tune the country’s financial market and make it a major channel for providing medium and long-term funds for economic growth. 

Proposal to increase regional minimum wage by 6.5% in 2018

  Aug 07, 2017
NDO – The National Salary Council (NSC) has adopted a proposal on a 6.5% rise in region-based monthly minimum wage in 2018, which will be submitted to the Prime Minister for approval.  

New directions for FDI attraction

  Aug 07, 2017
NDO – According to Prof. Dr. Nguyen Mai, Chairman of the Vietnam Association of Foreign-Invested Enterprises, new directions for attracting foreign direct investment (FDI), which focus on higher quality sources of capital and towards future technologies and services, will create an important opportunity for Vietnam to catch up with the countries that have higher levels of development.  

Chu Lai port progresses towards logistics centre in Central Vietnam

  Aug 07, 2017
NDO – With an additional investment of VND120 billion, Chu Lai port is aiming to develop a logistics centre in the central key economic region.  

Measures to promote exports of vegetables and fruits

  Aug 06, 2017
NDO – Vegetables and fruit continue to be a bright spot in the field of agricultural exports during the first seven months of 2017. According to the Ministry of Agriculture and Rural Development (MARD), the total export value of agricultural, forestry and fishery products reached US$20.45 billion during the Jan-Jul period, in which fruits and vegetables alone accounted for US$2.03 billion, an increase of 49% over the same period in 2016.  

Vietnamese shrimps continue to encounter US anti-dumping duty

  Aug 05, 2017
NDO – Information from the Vietnam Competition Authority, under the Ministry of Industry and Trade, revealed that the US Department of Commerce (DOC) has announced its decision to adjust the antidumping duty on Vietnamese shrimp exported to the country, between February 1, 2013 and January 31, 2014, from 1.16% to 1.42%.  

Southern provinces record significant trade growth

  Aug 05, 2017
NDO – Southern localities are striving to achieve the total retail sales of goods and services in 2017 of over VND2 trillion, up 11.51% compared to 2016, with total exports reaching almost US$105 billion, up 11.6%.  

EU-Vietnam FTA to offer substantial benefits to both sides

  Aug 03, 2017
NDO - The EU-Vietnam Free Trade Agreement (EVFTA), which is considered a comprehensive trade agreement covering a wide area of sectors and also has an equal elimination of tariffs from both sides, is anticipated to bring about benefits and opportunities for both economies in multiple ways throughout the years.  

International exhibition features advertising equipment and technology

  Aug 03, 2017
NDO – The eighth International Exhibition on Advertising Equipment and Technology – VIETAD 2017 officially opened in Ho Chi Minh City on August 3. 

Vietnamese government discusses special administrative-economic zones

  Aug 02, 2017
NDO - Prime Minister Nguyen Xuan Phuc chaired a meeting of key government members on July 8 to discuss the bill on special administrative-economic zones, which is expected to be applied to Van Don, Bac Van Phong and Phu Quoc. 

Vietbuild Can Tho Exhibition kicks off

  Aug 02, 2017
NDO – The 2017 Vietbuild Can Tho International Exhibition kicked off on August 2, at the Investment-Trade Promotion and Exhibition Centre, in the Mekong Delta city of Can Tho. 

Prime Minister urges faster disbursement of ODA capital, concessional loans

  Aug 02, 2017
NDO/VNA – Prime Minister Nguyen Xuan Phuc urged faster disbursement of ODA capital and concessional loans while chairing a meeting with some ministries, sectors and localities in Hanoi on August 1. 

Vietnam hopes to become EU’s largest trade partner in ASEAN

  Jul 31, 2017
NDO/VNA – Vietnam is expected to become the EU’s largest trade partner in the Association of Southeast Asian Nations (ASEAN), once the EU-Vietnam Free Trade Agreement (EVFTA) comes into effect in 2018, according to the Minister of Industry and Trade Tran Tuan Anh.  

Vietnam’s exports still going strong despite US protectionism

  Jul 30, 2017
NDO - There are concerns that Vietnam’s exports to the US could be hurt by the growing US protectionism, its withdrawal from the TPP trade deal and Vietnam’s inclusion on a list of countries with which the US runs a trade deficit. However, thus far Vietnam’s exports to the US have remained strong.