Trade – Investment

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has won the recognition of Alpha Southeast Asia (Alpha SEA) magazine as the best bank in Vietnam in 2017.

More than 130 products from leading brands of Hong Kong (China) were introduced to Vietnamese consumers at “In Style Hong Kong 2018” exhibition, held by China’s Hong Kong Trade Development Council on September 20th, in Ho Chi Minh city.

Southern province of Ba Ria-Vung Tau has been among leading localities in the country in attracting FDI over the past 30 years, with 343 projects totally valued at USD27.3 billion.

Vietnamese businesses are striving to promote agricultural and aquatic products in the Russia market at an international food fair and trade connection activities being held in Moscow, Russia.

The US Food Safety and Inspection Service (FSIS) has decided to recognize the catfish inspection system in Vietnam as equivalent to its system.

(CPV) - The first plenary session of the 14th Asian Organization for Supreme Audit Institutions (ASOSAI) Assembly took place on September 19th, in Hanoi.

Prime Minister Nguyen Xuan Phuc has decided to recognize Mong Cai city as a second-class urban center of Quang Ninh province.

The 52nd meeting of the Governing Board of the Asian Organisation of Supreme Audit Institutions (ASOSAI) took place in Hanoi on September 19th under the co-chair of ASOSAI Chairperson Madinah Binti Mohamad and Secretary General Choe Jeahyeong.

(CPV) - “With the cooperation mechanism of the two countries, especially Bulgaria’s incentives for Vietnamese goods, we hope to become a gateway for Vietnamese products to enter European markets,” said Bulgarian Minister of Economy Emil Karanikolov.

(CPV) - The Vietnam and Bulgaria Business Investment Forum aims to introduce potential and prospects for cooperation, investment and business of companies from Bulgaria, contributing to creating favorable conditions for Vietnamese localities and enterprises to attract more foreign investment.

The Binh Son Refining and Petrochemical (BSR) JSC has coordinated with the Quang Ngai Border Guard Headquarters to review association in ensuring the security and safety of offshore projects of Dung Quat Oil Refinery Plant.

The central province of Phu Yen is determined to improve its business climate and enhance investment promotion to attract capable investors who can help exploit its untapped potential.

The US Department of Commerce (DoC) has announced the final results of the 12th Period of Review (POR 12), lowering the anti-dumping tariff on shrimp imports from Vietnam.

A huge influx of foreign direct investment (FDI) is making its way into the fields of mechanical engineering, and manufacturing and processing, which are expected to fuel the supporting industry in the coming years if Vietnam issues effective policies, industry insiders have said.

The World Economic Forum on ASEAN (WEF) 2018, themed “ASEAN 4.0: Entrepreneurship and the Fourth Industrial Revolution”, wrapped up on September 13th after three working days with nearly 60 discussions.

Blockchain could bring a commercial benefit of USD1 trillion, mostly for small- and medium-sized enterprises (SMEs) as well as for some newly-emerged markets which suffer most from a lack of access to credit and have ample room to grow trade, including Vietnam, according to a new report jointly released by Bain & Company and the World Economic Forum (WEF).

Vietnam has long treasured the substantial benefits of free trade, particularly amidst the formidable challenges posed by global trade protectionism which is currently threatening bilateral and multilateral trade deals, Prime Minister Nguyen Xuan Phuc has said.

Facebook should closely coordinate with the Ministry of Information and Communications of Vietnam in its operation in the country, remove wrongful information that negatively affect the country’s national security, social order and safety as well as the peaceful life of the Vietnamese people.

Deputy Prime Minister Vuong Dinh Hue had a dialogue with executives of 40 global corporations and five domestic enterprises in the framework of the WEF ASEAN 2018 in Hanoi, to listen to their recommendations on developing startup ecology, helping Vietnam achieve rapid and sustainable development.

(CPV) - Prime Minister (PM) Nguyen Xuan Phuc asked global CEOs to share their expectations with the Vietnamese government on facilitating business environment, advise innovative ideas, especially in industry, agriculture and education, and propose their business and investment plans in Vietnam.

The Vietnam National Oil and Gas Group (PetroVietnam) has coordinated with the Ministry of Public Security’s Inland Security Department A02 to discuss security protection, safety and anti-terrorism at the Dung Quat Oil Refinery Plant.

The fourth Industrial Revolution has created great opportunities for promoting the integration of Mekong countries, with the rising important role of soft and digital connectivity in economic connectivity, stated Prime Minister Nguyen Xuan Phuc.

The Vietnamese Embassy in Bangladesh and the Bangladesh-Vietnam Chamber of Commerce and Industry recently co-organised a trade promotion seminar in Chittagong city.

Experts from PricewaterhouseCoopers (PwC) have suggested ways for ASEAN to get over the era of passive growth, lure more foreign direct investment, and develop human resources on the sidelines of the ongoing World Economic Forum on ASEAN (WEF ASEAN) 2018 in Hanoi.

Vietnam highly values and has made active contributions to ASEAN - China cooperation, stated Deputy Prime Minister Vuong Dinh Hue at the opening ceremony of 15th China-ASEAN Business and Investment Summit (CABIS) and China-ASEAN Expo (CAEXPO) in Nanning city, the Guangxi Zhuang Autonomous Region of China, on September 12th.

Heads of state from across Southeast Asia on September 12th hailed the technological opportunities for the region in the Fourth Industrial Revolution (4IR).

The Grow Asia Forum was held in Hanoi on September 11th under the framework of the World Economic Forum (WEF) on ASEAN 2018 which lasts from September 11th-13th.

International media hailed the importance of the World Economic Forum on ASEAN (WEF ASEAN), being held from September 11th to 13th, in Hanoi.

Hundreds of people, mostly young startup leaders and students joined an open forum on how start-ups can drive new opportunities in the fourth Industrial Revolution (4IR) in Hanoi on September 11th.

A book on the Fourth Industrial Revolution (4IR) in the Vietnamese language has been launched on the occasion of the World Economic Forum on ASEAN 2018 (WEF on ASEAN 2018), aiming to help enhance public understanding of the 4IR.