Vietnam's economic growth predicted to be higher than target

Experts from the Vietnam Institute for Economic and Policy Research (VEPR) have forecast that economic growth will reach 7.26 percent for the fourth quarter and 7.05 percent for 2019, compared to 6.6 – 6.8 percent as assigned by the National Assembly.

Vinh Phuc province streamlines administrative apparatus

The northern province of Vinh Phuc is pushing the review of functions, tasks, power and organization of provincial and district-level departments of the local administrations with a view to streamlining the apparatus.

Hai Duong's industrial production value rises 12.3 percent

Industrial production value of the northern province of Hai Duong hit 174.6 trillion VND (over 7.5 billion USD) in the first nine months of 2019, equivalent to 84.1 percent of the plan set for the year, and up 12.3 percent against that of the same period last year.

Jan-Sept period sees record number of new firms

Nearly 102,300 new enterprises were established in nine months of this year, a new record so far, with a total registered capital of over 1.29 trillion VND (56.08 million USD), reported the General Statistics Office.

PM gives greenlight to investment in Hai Phong container terminals

Prime Minister Nguyen Xuan Phuc has approved in principle the Hai Phong Port JSC's plan to invest in the construction of container terminals 3 and 4 at Lach Huyen Port, Hai Phong city.

Consumer price index expands 0.32 percent in September

The consumer price index (CPI) in September rose 0.32 percent over the previous month, said General Director of the General Statistics Office (GSO) Nguyen Bich Lam.

Ministry seeks bids from domestic investors for North-South Express

The Ministry of Transport has announced that they would cancel open international bidding for eight projects of the North-South expressway, in favour of domestic investors.

Green building week slated for late September

The 2019 Vietnam Green Building Week will take place in Hanoi from September 23 to 27 in response to the World Green Building Week this year.

Vietnam needs to renew property market to lure more foreign capital

Vietnam needs to renew its real estate market to attract more foreign investors and increase the quality of foreign direct investment (FDI) in the sector, according to experts.

Quang Tri – darling of foreign investors in energy

The central coastal province of Quang Tri has attracted many foreign investors in energy, from thermal, gas, to wind and solar power, which is a strength and a key industry of the locality.

Vinh Phuc takes measures to build e-government

The northern province of Vinh Phuc has showed active performance in applying information and communication technology in building e-government with fruitful results.

Leading steelmaker exports 165,000 tonnes in eight months

Leading steelmaker Hoa Phat shipped abroad 165,000 tonnes of construction steel in the first eight months of this year, up 38 percent year-on-year, according to the group.

FDI disbursement up despite decline in capital inflow

Disbursement of foreign direct investment (FDI) saw a positive yearly increase of 7 percent to nearly 12 billion USD in the first eight months of this year, despite a fall in new FDI registered in Vietnam.

Japan trader Hanwa buys 65 percent of Vietnamese steel coil plant

Hanwa Co., a Japanese firm trading in a wide range of products including steels and construction materials, has bought a 65-percent stake in a Vietnamese steel coil maker, according to NNA Japan.

Indian firms look to partner with HCM City in environmental treatment

Many Indian enterprises are interested in cooperating with Ho Chi Minh City in waste treatment and management, renewable energy and power generation.

HCM City attracts 4.19 billion USD in FDI in eight months

Ho Chi Minh City has attracted 4.19 billion USD in foreign direct investment (FDI) so far this year, up 21.7 percent year-on-year.

HCM City to combat laundering in real estate

The Ho Chi Minh City Department of Construction (DoC) has asked real estate companies, brokers and trading floors in the city to strengthen preventive measures against money laundering and terrorist financing.

Seminar introduces PPP infrastructure development opportunities

A seminar was held in Ho Chi Minh City on August 30 by the Japan International Cooperation Agency (JICA) to introduce investment opportunities in infrastructure under public-private partnership (PPP) model.

Explaination of Planning Law

The Standing Committee of the National Assembly issued Resolution No. 751/2019 / UBTVQH14 dated August 16, 2019 explaining some articles of the Planning Law, effective from the date of signing.

Vietnam on rise for Australian investors: Australian Financial Review

Vietnam is on the rise for Australian investors, said an article published on the Australian Financial Review ahead of Prime Minister Scott Morrison's upcoming visit to the Southeast Asian nation.

Vietnam shows persistent, consistent efforts to maintain peace, stability at sea

Vietnam has long been persistent and consistent in safeguarding its national sovereignty in the East Sea through peaceful measures on the basis of international law to maintain peace, stability, security and cooperation at sea for the legitimate interests of all parties.

Real estate M & A attractive to investors

Investors are looking for industrial and logistics assets via forming joint-ventures with local industrial property developers or purchasing land and operating real estate, according to Jones LaSalle Vietnam Co. Ltd.

Logistics market sees wave of investment from Japan, RoK

The logistics market has become more vibrant in recent times with large merger and acquisition (M&A) deals between Vietnamese businesses and foreign investors who have strong financial and technological potential, especially those from Japan and the Republic of Korea.

Forum discusses water drainage development policy

The Vietnam Water Supply Association (VWSA) and the German Water Partnership held a forum in Hanoi on August 1 discussing water drainage development policy and service prices.

79,300 new businesses set up in seven months

The country had 79,300 newly-established businesses with a combined registered capital of 999.4 trillion VND (42.97 billion USD) in January – July, representing year-on-year increases of 4.6 percent and 29.6 percent, respectively.

PM asks for prompt design of middle-term public investment plan

Prime Minister Nguyen Xuan Phuc has asked ministries, ministry-level and central agencies as well as centrally-run localities to make middle-term plans for public investment in 2021-2025.

CPI slightly increases in July

Vietnam's consumer price index (CPI) in July rose by 0.18 percent month-on-month, and 2.44 percent from the same period last year, according to the General Statistics Office (GSO).

HCM City: office market continues stable growth

The office market in Ho Chi Minh City continued stable growth in the first half of this year, with some increases in rental prices and areas, according to major property consultant firms.

Bamboo Airways to build aviation training institute

Vietnam's new budget carrier Bamboo Airways will launch construction of an aviation training institute at Nhon Hoi ecological tourism area in the south central province of Binh Dinh on July 28.

2019 Vietwater exhibition opens in Hanoi

The 2019 Vietnam international water and environment exhibition (Vietwater) opened in Hanoi on July 24 with the participation of more than 200 exhibitors from 30 countries and territories.

Over 491 million USD invested in processing farm produce in H1

Over 11.4 trillion VND (491.3 million USD) was poured into 11 projects of agricultural product processing in the first half of 2019, according the Ministry of Agriculture and Rural Development.

Intellectual property valuation, a hard task in Vietnam

Valuation of intellectual property remains a grey area in Vietnam and can be improved only with support from authorities, experts have told a recent workshop held in Ho Chi Minh City.

Vincommerce to become leading retailer in Asia-Pacific

Vingroup Conglomerate's retail arm, VinCommerce, aims to become one of the leading retailers in the Asia-Pacific via a cooperation deal with Australian-based XAct Solutions Company recently inked in Hanoi.

Construction ministry to release quarterly property market reports

The Ministry of Construction (MoC) plans to start releasing quarterly reports on the domestic real estate market to increase transparency, Minister of Construction Pham Hong Ha said at a recent ministry meeting.

Thail gov't continues to promote use of rubber resin in road construction

The government has continued to push for the increased use of rubber in the construction of roads nationwide by having rubber resin mixed with para soil cement.

Employers and unions need to tackle workplace safety

Recognising the importance of workplace safety, more and more businesses in Ho Chi Minh City have begun to invest in modern equipment and increased budgets for labour safety programmes.

HCM City draws over 3 billion USD in foreign investment in H1

The southern economic hub of Ho Chi Minh City attracted 3.21 billion USD in foreign direct investment (FDI) in the first six months of 2019, a year-on-year rise of 20 percent, according to the municipal People's Committee.

Hundreds of electricity networks built in southern region in six months

The Electricity of Vietnam Southern Power Corporation (EVNSPC) began construction of and put into operation hundreds of grid projects in the first six months of 2019.

Thailand eyes to be hub of trans-ASEAN railway network

The Thai government is pursuing an ambitious plan to build a rail network linking Thailand to other countries in the region, like Singapore and China.

EVFTA opens new markets for steel industry

The freshly-signed EU-Vietnam Free Trade Agreement (EVFTA) will help the Vietnamese steel sector expand export markets in Europe, industry insiders said.

Over 776,900 jobs created in first half of 2019

More than 776,900 jobs were created in the first six months of 2019, a year-on-year decline of 1.1 percent, the Ministry of Labour, Invalids and Social Affairs (MoLISA) reported at a press conference in Hanoi on July 2.

Thua Thien-Hue taps potential of green power projects

The central province of Thua Thien – Hue is giving priority to green energy projects, especially solar power.

Steel industry to face challenges in second half of 2019

In the second half of this year, increasing competition in product quality, prices and market share are predicted to force steel companies to work harder to maintain their foothold in the market.

Hong Kong remains biggest foreign investor in Vietnam in first half

Hong Kong (China) topped the list of 95 countries and territories investing in Vietnam in the January-June period, with a total investment of 5.3 billion USD, making up 28.7 percent of the new foreign direct investment (FDI) inflow into the country.

Promoting socially responsible practices in wood, seafood processing

Socially responsible practices in the wood and seafood processing industries were under the spotlight at a workshop held in Ho Chi Minh City on June 27 as part of the Responsible Supply Chains in Asia project (RSCA).

Minister: ODA disbursement at alarming pace

Disbursement of official development assistance (ODA) hit over 1.6 trillion VND in the first five months of this year, equivalent to only 2.7 percent and 5.6 percent of targets assigned by the National Assembly and Government for the whole year, respectively, which were alarming figures, said Finance Minister Dinh Tien Dung on June 26.

Vietnam attracts less FDI in first half of the year

Foreign investors registered to pour 1.73 billion USD into Vietnam in June, bringing the total amount of foreign direct investment (FDI) committed to the country in the first six months of the year to 18.47 billion USD, down 9.2 percent year on year.

Vietnam, Australia enhance training of senior officials

The Ho Chi Minh National Academy of Politics (HCMA) and the Department of Foreign Affairs and Trade of Australia will work together to intensify the training of senior officials for Vietnam.

Quang Tri looks to become power hub in north-central region

The north-central province of Quang Tri set the goal of generating about 5,000 MW of electricity from thermal, gas, wind, solar and hydro power plants by 2025, making the province a power hub in the region.

Hanoi maintains high ranking in administrative reforms

Hanoi maintained its second place nationwide in the 2018 Public Administration Reform (PAR) index with a combined score of 83.98 percent, according to the PAR Index 2018 report.

Hanoi aims to draw 5.3 billion USD in FDI in six months

Hanoi is striving to attract over 500 million USD in foreign direct investment (FDI) in June 2019, raising the total FDI capital to nearly 5.3 billion USD in the first half of the year, according to insiders.

Vietnam's property market continues to expand: Savills

The Vietnamese real estate market has high development potential thanks to positive economic prospects, a strong foreign direct investment flow and suitable monetary policies, according to a research of Savills Vietnam.

Solar power plant becomes operational in Ninh Thuan

A solar power plant with a design capacity of 30MWp was inaugurated in Ninh Phuoc district, the south central province of Ninh Thuan on June 16, in the presence of Standing Vice Chairwoman of the National Assembly Tong Thi Phong.