Chinese market promising for Vietnam’s shrimps as exports surge 30%

Chinese market promising for Vietnam’s shrimps as exports surge 30%

NDO - Vietnam’s shrimp exports to China rose 30% in the first half of 2017, reaching almost US$283 million, making it a potential destination to replace the established markets where the export of Vietnam’s seafood is struggling. (Aug 11, 2017)

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Improved economic governance helps increase confidence in private sector

  Aug 09, 2017
NDO – A recent survey on business confidence conducted by the Vietnam Private Sector Forum (VPSF) showed that the confidence of private business leaders continues to increase, as the private sector is increasingly asserting its important role in Vietnam's economic growth in the near future. 

Vietnam’s industrial park occupancy rate reaches almost 73%

  Aug 09, 2017
NDO - The occupancy rate of 223 industrial parks (IPs) currently in operation in Vietnam has reached 73%, according to a report released by the Ministry of Planning and Investment. 

Festival honours Hung Yen longan

  Aug 08, 2017
NDO - A festival and trade fair kicked off on August 7 in the northern province of Hung Yen to honour its local delicacy, longan, as well as agricultural and handicraft products from 22 destinations across the country. 

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.  

Notable shifts in FDI inflow structure

  Aug 08, 2017
NDO – The inflow of foreign direct investment (FDI) into Vietnam has increased rapidly so far this year and is shifting in a positive trend. As of July 20, the country had attracted US$12.9 billion in new FDI pledges, alongside another US$5.9 billion in additional pledges, without taking into account the US$3.1 billion, which was both contributed and used by foreign investors to buy stakes in Vietnamese businesses.  

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.  

Goods, services sales value in July up 10.3%

  Aug 07, 2017
NDO - The total retail sales value of goods and services in July was estimated at more than VND 327.6 trillion (US$14.4 billion), 1.2% higher than last month and 10.3% higher than at the same period last year, according to a General Statistics Office (GSO) report. 

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.  

PM Nguyen Xuan Phuc works with PetroVietnam

  Aug 05, 2017
NDO - Prime Minister Nguyen Xuan Phuc urged the Vietnam National Oil and Gas Group (PetroVietnam) to continue modernising its technology and build on its momentum to maintain its standing in the national economy, during a working session with the group held in Hanoi on August 5.  

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%.  

Striving for an export growth rate of 8% in the 2016-2020 period

  Aug 05, 2017
NDO - The Prime Minister has recently approved a project on improving the competitiveness of a number of key Vietnamese export commodities by 2020 with a vision to 2030.  

Workshop seeks to facilitate capital access for Vietnam exporters

  Aug 04, 2017
NDO - A workshop was held on August 4, in the port city of Hai Phong, aiming to provide small and medium-sized enterprises (SMEs) with information that could facilitate them to access capital and avoid risks in international payment.