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Economy

Asian investors pour capital into VN real estate projects

Asian investors pour capital into VN real estate projects

The strong capital flow from Asian investors has helped warm up the real estate market and revive projects which have been left idle for many years.  

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Stumbling blocks facing businesses in FTA implementation

Stumbling blocks facing businesses in FTA implementation

Lack of information, human resources and viable strategies are the three major difficulties facing Vietnamese businesses attempting to carry out the Free Trade Agreements (FTAs), says Nguyen Dinh Cung, Director of the Central Institute for Economic Management (CIEM).

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PV Power to hold IPO roadshows next week

PV Power to hold IPO roadshows next week

PetroVietnam Power Corporation (PV Power) will hold two roadshows to introduce the investment opportunity in the company’s initial public offering (IPO), scheduled on January 31 on the Ha Noi Stock Exchange.

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Ministry asked to support steelmakers in US’s anti-dumping investigations

Ministry asked to support steelmakers in US’s anti-dumping investigations

The Vietnam Steel Association (VSA) has asked the Ministry of Industry and Trade (MoIT)’s Department of Trade Defence to assist Vietnamese steel producers in anti-dumping (AD) investigations of corrosion-resistant steel (CORE) and cold rolled steels (CRS) launched by the US. 

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MWG deal under scrutiny by competition authority

MWG deal under scrutiny by competition authority

Mobile World Group (MWG) has just announced completing the acquisition of a 95 per cent controlling stake in Tran Anh (TAG). However, MWG’s resulting market share, as the company already held 30 per cent before the deal, could cause legal issues, blocking the corporation’s designs of expansion.

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Vietnam had catfish bumper year in 2017

Vietnam had catfish bumper year in 2017

Vietnam’s catfish (pangasius) export turnover in 2017 was expected to reach $1.8 billion, an increase of 4 percent over the year before, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).     

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Vietnam surpasses 2017 GDP target aided by global strength

Vietnam surpasses 2017 GDP target aided by global strength

Viet Nam is expected to achieve Gross Domestic Product (GDP) growth of 6.81 per cent this year, surpassing the Government’s target of 6.7 per cent.  

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Foreign distributors to remap petroleum distribution market

Foreign distributors to remap petroleum distribution market

Analysts believe the petroleum distribution market will see a breakthrough after the conclusion of IPOs for PV Oil and Binh Son Refinery (BSR).

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Bidders to publicise contracts

Bidders to publicise contracts

To improve openness and transparency, the Ministry of Planning and Investment (MPI) has asked contractors to make their bids accessible to the public on the National Procurement Network (NPN).

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2017 - A successful year of VN`s economic integration

2017 - A successful year of VN`s economic integration

The international community has praised Viet Nam for a successful economic integration in 2017 thanks to creative and drastic management of the Government. 

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Vietnam certificates $5bil. projects in 2017

Vietnam certificates $5bil. projects in 2017

Foreign direct investment (FDI) capital registered to Vietnam topped US$29.68 billion with the impressive return of billion US dollar projects, according to head of Foreign Investment Agency under the Ministry of Planning and Investment Do Nhat Hoang.

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ODA report: debts heaped on debts

ODA report: debts heaped on debts

The Ministry of Planning and Investment (MPI) has been asked to explain to the National Assembly why ODA (official development assistance) loans have reached a total of VND600 trillion, twice as much as the amount approved by the NA.

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Nearly $8 billion of forestry products exported in 2017

Nearly $8 billion of forestry products exported in 2017

Exports of forestry products increased by 9.2 percent from 2016 to 7.97 billion USD in 2017, according to the Vietnam Administration of Forestry (VNForest).

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2017 marks record number of newly established enterprises

2017 marks record number of newly established enterprises

The number of newly-established enterprises in 2017 was estimated at 153,307, setting a new record against the 110,100 recorded in 2016, according to statistics published by the Ministry of Planning and Investment`s Agency for Business Registration.

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Vietnamese-Korean trade celebrates quarter century milestone

Vietnamese-Korean trade celebrates quarter century milestone

After 25 years, Vietnamese-Korean two-way trade turnover hit $60 billion and is expected to reach $100 billion by 2020.

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PV Oil has yet to decide how to sell shares

PV Oil has yet to decide how to sell shares

PetroVietnam Oil Corporation (PV Oil) has yet to pick a method to sell shares to strategic partners.

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